Press release
Insulin Patch Pumps Market: Size & Trends Shows A Rapid Growth By 2031 - Cellnovo, Insulet Corporation, Medtronic Plc, Tandem Diabetes Care Inc, Hoffmann-La-Roche AG
The global insulin patch pumps market report by the business research company identifies rising prevalence of diabetes across the globe to be a major growth driver for the insulin patch pumps market. Diabetes is a major disease around the world, and it is caused due to many reasons by lifestyle and food habits. Insulin patch pumps help in the convenient delivery of insulin directly into the body and many people with diabetes find insulin pumps to be more convenient than insulin injections. The rising prevalence of diabetes leads to a need for insulin patch pumps. For instance, according to the International Diabetes Federation, in 2021, around 537 million people in the age group between 20 to 79 years are suffering from diabetes and these numbers are estimated to reach 643 million by 2030. In 2021, around 6.7 million people died due to diabetes. Therefore, the rising prevalence of diabetes across the globe will propel the growth of the insulin patch pumps market.The global insulin patch pumps market size is expected to grow from $1.10 billion in 2021 to $1.18 billion in 2022 at a compound annual growth rate (CAGR) of 7.24%. The global insulin patch pump market size is expected to reach $1.63 billion in 2026 at a CAGR of 8.58%.
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North America was the largest region in the insulin patch pumps market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global insulin patch pump market during the forecast period. The regions covered in the global insulin patch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the organic food market are Cellnovo, Insulet Corporation, Medtronic Plc, Tandem Diabetes Care Inc, Hoffmann-La-Roche AG, Cequr SA, Animus Corp, Ypsomed, Abbott Laboratories Inc, Becton, Dickinson and Company, Braun Melsungen AG, Sanofi, Eoflow, Johnson & Johnson, Zealand Pharma and Debiotech SA.
The global insulin patch pumps market is segmented -
1) By Type: Traditional Insulin Pumps, Smart Insulin Pump, Disposable Insulin Pumps
2) By Mode: Basal, Bolus
3) By Pump Type: Tethered Pump, Patch Pump
4) By Application: Type 1 Diabetes, Type 2 Diabetes
5) By End-User: Hospital, Clicins, Laboratories, Others
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The Insulin Patch Pumps Market Report Contents Include
1. Executive Summary
2. Insulin Patch Pumps Market Characteristics
3. Insulin Patch Pumps Market Trends And Strategies
4. Impact Of COVID-19 On Insulin Patch Pumps
5. Insulin Patch Pumps Market Size And Growth
....
28. Key Mergers And Acquisitions In The Insulin Patch Pumps Market
29. Insulin Patch Pumps Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the insulin patch pumps market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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