Insulin Patch Pump Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 - Johnson & Johnson, Dexcom, Abbott

The Insulin Patch Pump Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Insulin Patch Pump market growth.

The Global Insulin Patch Pump Market Size is Projected to Reach at a CAGR of 24% during 2022-2027.

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Insulin Patch Pump Market: Overview

The market for insulin patch pumps is expected to grow with the increase in the number of diabetic patients. An insulin patch pump has various options on its surface and also a remote control that can regulate its activities. The insulin patch pump delivers a continuous preset basal amount of insulin in a period of 24 hours. The ease in the delivery of insulin, lack of batteries. Infusion sets and tubing are some of the features that can lead to the growth of the market.
The major factors that are expected to drive the growth of the market include the increase in the number of diabetic patients worldwide. Along with this, there is an increasing awareness in patients worldwide regarding the new technological devices that can make the lives of diabetic patients easier, and this awareness is fueling the demand for insulin patch pumps. The rise in the disposable income in the last few decades is also one factor that can uplift the market for insulin patch pumps. 

Top Leading Companies:

Valerita, Johnson & Johnson, Insulet, CeQur, Medtrum Technologies, MicroTech Medical, Inc, Medtronic, Dexcom, Abbott, GlySens, Insulet, Senseonics, Bayer

Recent Development:

Johnson & Johnson has acquired 42 companies, including 9 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 17 assets. Johnson & Johnson’s largest acquisition to date was in 2017, when it acquired Actelion for $30.0B. It’s largest disclosed sale occurred in 2014, when it sold Ortho Clinical Diagnostics Holdings to The Carlyle Group for $4.2B. Johnson & Johnson has acquired in 12 different US states, and 6 countries. The Company’s most targeted sectors include life science (38%) and medical products (38%).

Abbott Laboratories has acquired 36 companies, including 2 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 8 assets. Abbott Laboratories’ largest acquisition to date was in 2016, when it acquired St. Jude Medical for $25.0B. It’s largest disclosed sale occurred in 2015, when it sold Abbott - Non-U.S. Developed Markets Specialty and Branded Generics to Viatris for $5.3B. Abbott Laboratories has acquired in 8 different US states, and 9 countries. The Company’s most targeted sectors include medical products (55%) and life science (34%).

Insulin Patch Pump Market Segmentation by Type:

Basal Insulin
Bolus Insulin
Basal-Bolus Insulin

Insulin Patch Pump Market Segmentation by Application:

Hospitals
Clinics
Others

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North America dominated the market

North America dominated the market owing to availability of major brands of insulin patch pumps. Moreover, increasing healthcare expenditure and rising frequency of FDA approvals is also aiding growth in the region. For instance, in 2019, South Korean Company EoFlow received FDA approval for its newly designed patch pump-EOPatch-in the U.S.
Asia Pacific is expected to grow at the fastest pace due to factors such as rapidly growing diabetic population and increasing awareness about advanced digital diabetes management solutions in the region. In addition, increasing product launches and technological advancements in the field of insulin patch pumps are expected to aid regional growth.

Regional Insulin Patch Pump Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Insulin Patch Pump Market Report:

Detailed overview of Insulin Patch Pump Market
Changing the Insulin Patch Pump market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Insulin Patch Pump market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Insulin Patch Pump Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Insulin Patch Pump Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Insulin Patch Pump industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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