openPR Logo
Press release

Insulin Pumps Market Overview and Forecast up to 2025

09-22-2017 04:07 PM CET | Health & Medicine

Press release from: Transparecny Market Research

A recent intelligence study by Transparency Market Research (TMR) has detected that The Global Insulin Pumps Market is consolidated among top three companies, who accounted for more than 50% of the shares in 2016, whereas the rest of the market is fragmented, distributed among a large number of domestic and regional players. This report projects the demand in the global insulin pumps market to increment at a robust CAGR of 9.8% during the forecast period of 2017 to 2025, reaching a valuation of US$9,550.7 mn in 2025, notably up from its evaluated worth of US$4,180.4 mn in 2016.

As far as the competitive landscape is concerned, the rivalry will intensify in the near future with the influx of several new vendors. In addition to that, the existing players are expected to add to their market shares via implementation of new models as well as mergers and acquisitions. Some of the key companies currently operating in the global insulin pumps market are Cellnovo Group SA, Medtronic, F. Hoffmann-La Roche Ltd., Valeritas, Inc., Animas Corporation (Johnson & Johnson), SOOIL Developments Co., Ltd, Tandem Diabetes Care, Inc., Ypsomed AG, Insulet Corporation, and Jiangsu Delfu Co., Ltd.

Insulin Pumps Profitable Segment among Type-1 Diabetic Patients

Based on product, the global insulin pumps market has been segmented into insulin pumps including tethered pumps and disposable or patch insulin pumps and insulin pump supplies and accessories, which is further sub-segmented into insulin reservoirs or cartridges and infusion set insertion devices. In 2016, insulin pumps segment, with its sub-segments, collectively accounted for 70.1%, which was a reflection of several factors, such as high awareness about tethered insulin pumps among type-1 diabetes patients, growing adoption of technologically advanced products such as patch pumps, and increase in the prevalence of diabetes among the geriatric population. The report also detects that the global insulin pumps market is witnessing a preference of insulin pumps as a result of better efficiency offered by them in terms of dosage. Among distribution channel categories of hospital pharmacy, retail pharmacy, online sales, and diabetes clinics or centers, hospital pharmacy serves the maximum demand.

Request to download and view full ToC -

http://www.transparencymarketresearch.com/report-toc/29453

North America Serves Maximum Demand

Out of the five regions, North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, studied by this report for the potential of insulin pumps market, North America is most profitable, accounting for 64.1% of the demand in 2016. The developed country of the U.S. coupled with increasing demand for advanced technology such as insulin pumps integrated with continuous monitoring system have led to the growth of insulin pumps market in the U.S., single-handedly propelling the North America market to sustain an edge over rest of the regions. Growing percentage of geriatrics, high structured healthcare sector, and availability of a well-defined reimbursement policies from public and private health insurance firms are some of the other factors helping the North America insulin pumps market.

Request to view Sample Report -

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29453

Escalating Geriatrics Population Driving Demand

The demand in the global insulin pumps market is gaining traction from a number of factors, such as increasing prevalence of diabetes, increased focus on adult population, increasing disposable income, and growing public awareness due to the penetration of social media. On the other hand, high cost, availability of alternatives, and inadequate reimbursement policies in several emerging economies are some of the key factors challenging the insulin pumps market from attaining its true potential. Nevertheless, the vendors operating in the global insulin pumps market are expected to gain new revenue avenues from advances in insulin pumps and growing adoption against conventional methods.

Insulin Pumps Market Report is available @ US$ 5795

https://www.transparencymarketresearch.com/checkout.php?rep_id=29453<ype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Insulin Pumps Market Overview and Forecast up to 2025 here

News-ID: 735296 • Views:

More Releases from Transparecny Market Research

HAZMAT Packaging Market Share, Trends, Growth, Forecast By 2027
HAZMAT Packaging Market Share, Trends, Growth, Forecast By 2027
The global HAZMAT Packaging Market is estimated to flourish at a CAGR of 5.8% from 2024 to 2027. The overall HAZMAT Packaging industry delivers an in-depth systematic framework and competitive outlook of the HAZMAT Packaging Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market in the coming
Push Pull Closures Market Will Generate New Growth Opportunities by 2027 with Top Key Players - Closure Systems International, Inc., O. Berk Company, LLC, Silgan Plastic Closures Solutions
Push Pull Closures Market Will Generate New Growth Opportunities by 2027 with To …
The global Push Pull Closures Market is estimated to flourish at a CAGR of 4.8% from 2024 to 2027. The overall Push Pull Closures industry delivers an in-depth systematic framework and competitive outlook of the Push Pull Closures Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market
PET Preform Machines Market Estimated to Touch USD 14.1 billion at a CAGR of 6.0% by 2031
PET Preform Machines Market Estimated to Touch USD 14.1 billion at a CAGR of 6.0 …
The global PET Preform Machines Market has been sailing through robust waters, witnessing a valuation of US$ 8.3 Bn 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.0% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$ 14.1
Flexible Packaging Paper Market Share, Trends, Growth, Forecast By 2029
Flexible Packaging Paper Market Share, Trends, Growth, Forecast By 2029
The global Flexible Packaging Paper Market has been sailing through robust waters, witnessing a valuation of US$ 47.5 Bn 2021. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029. By the end of 2029, the industry is expected to anchor at an impressive US$ 65.2

All 5 Releases


More Releases for America

Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on