Press release
Artificial Pancreas Market is Predicted to Achieve Huge Growth by 2031, Growing at a CAGR of 11% Over the Forecast Period | Medtronic PLC, Johnson & Johnson, Tandem Diabetes Care Inc
The Global Artificial Pancreas Market size is estimated to reach at a CAGR of 11% during the forecast period (2024-2031).Artificial Pancreas Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Artificial Pancreas market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
An artificial pancreas is a medical system designed to automate blood glucose management for individuals with diabetes, particularly Type 1 diabetes. It mimics the function of a healthy pancreas by continuously monitoring glucose levels and delivering appropriate amounts of insulin through an insulin pump. Advanced artificial pancreas systems integrate continuous glucose monitors (CGMs) and algorithms to adjust insulin delivery in real-time, reducing the risk of hypo- and hyperglycemia and improving overall glucose control. These systems aim to enhance patient quality of life and simplify diabetes management.Forecast Growth Projected:
The Global Artificial Pancreas Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Artificial Pancreas Market:
Medtronic PLC, Johnson & Johnson, Tandem Diabetes Care, Inc., Pancreum, Inc., Bigfoot Biomedical, Inc., DexCom, Inc., Beta Bionics, Inc., Admetsys Corp., Insulet Corporation, and Defymed
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Segment Covered in the Artificial Pancreas Market:
By Type: Threshold Suspend Device Systems, Non-threshold Suspend Devices System, Control to Range System, Control to Target System
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐๐ง๐๐ซ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐๐ฌ:
๐๐๐ ๐๐-๐๐ซ๐ข๐ฏ๐๐ง ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐๐ง๐๐ซ๐๐๐ฌ: On January 17, 2024, the UVA Center for Diabetes Technology launched its first AI-driven artificial pancreas, automating insulin delivery without requiring meal input from patients. Initial testing involved six participants, with plans to expand to 30 across the U.S.
๐๐๐ง๐๐๐ฆ ๐๐ข๐๐๐๐ญ๐๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ-๐๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง: Tandem Diabetes Care continues enhancing its Control-IQ technology, an FDA-approved system that adjusts insulin delivery using CGM data. Recent updates were shared on January 10, 2025, focusing on improving glycemic control for Type 1 diabetes patients.
๐๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐ข๐ง๐ข๐๐๐ ๐๐๐๐: In December 2024, Medtronic launched the MiniMed 780G system, a closed-loop insulin delivery system for Type 1 diabetes. It adjusts basal insulin every five minutes based on CGM data, aiming to improve glycemic control and reduce hypoglycemia risk.
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Regional Break out:
The global Artificial Pancreas Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
โ North America - US, Canada, Mexico
โ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
โ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
โ South America- Brazil, Argentina, Colombia, Rest of South America
โ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Artificial Pancreas manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Artificial Pancreas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently asked questions:
โ What is the global sales value, production value, consumption value, import and export of Artificial Pancreas market?
โ Who are the global key manufacturers of the Artificial Pancreas Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
โ What are the Artificial Pancreas market opportunities and threats faced by the vendors in the global Artificial Pancreas Industry?
โ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
โ What focused approach and constraints are holding the Artificial Pancreas market?
โ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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