Latest Insulin Pump Market Report- Trends, Demand, Key Players, and Regional Data Statistics | Tandem Diabetes care
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Top Companies Mentioned in this Report-
- Johnson & Johnson
- Insulet Corp
- Tandem Diabetes care
An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin infusion therapy. The device configuration may vary depending on design. A traditional pump includes: the pump (including controls, processing module, and batteries); a disposable reservoir for insulin (inside the pump) a disposable infusion set, including a cannula for subcutaneous insertion (under the skin) and a tubing system to interface the insulin reservoir to the cannula. Other configurations are possible. For instance, more recent models may include disposable or semi-disposable designs for the pumping mechanism and may eliminate tubing from the infusion set.
An insulin pump is an alternative to multiple daily injections of insulin by insulin syringes or an insulin pen and allows for intensive insulin therapy when used in conjunction with blood glucose monitoring and carb counting.
North America is the largest consumption place, with a consumption market share nearly 44% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 24%.
Market Analysis and Insights: Global and Japan Insulin Pump Market
This report focuses on global and Japan Insulin Pump market.
In 2020, the global Insulin Pump market size was US$ 1925.6 million and it is expected to reach US$ 2433.4 million by the end of 2027, with a CAGR of 3.4% during 2021-2027. In Japan the Insulin Pump market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global Insulin Pump Scope and Market Size
Insulin Pump market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Insulin Pump market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Insulin Pump market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
- Normal Pump
- Patch Pump
- The proportion of normal pump in 2017 is about 96%,
Segment by Application
- Type I Diabetes
- Type II Diabetes
- The most proportion of insulin pump is for Type I Diabetes, and the proportion in 2017 is about 85.37%.
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