Automated Insulin Delivery Systems Market Industry Trends, Share, Development Policies and Future Growth 2027

1
Automated Insulin Delivery Systems Market To
Reach USD 7.81 Billion By 2027
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2
Market Summary
Automated Insulin Delivery Systems Market Size
USD 4.91 Billion in 2019, Market Growth - CAGR of
6.0, Market Trends Technological advancements
and rising demand for user friendly point of care
insulin delivery system
The Global Automated Insulin Delivery Systems
Market was valued at USD 4.91 billion in 2019 and
is expected to reach USD 7.81 billion by the year
2027 at a CAGR of 6.0. The Automated Insulin
Delivery Systems (AID) market is majorly driven
due to the increasing prevalence of diabetes
across the globe.

• Further key findings from the report suggest
• To capture significant clientele, companies are
  engaged in developing advanced automated products
  with enhanced efficiency and ease of use. For
  instance, in June 2020, Medtronic received the
  CE-Mark for its MiniMed 780G. The device
  automatically adjust basal insulin rates after
  every five minutes and is suitable for diabetic
  of 7- 80 year old
• Expansion of application range of products to
  address larger set of customers is another
  strategic initiative to enhance the business
  target which is likely to promote sales of AID
  products. For instance, in October 2019, Novo
  Nordisk received the U.S. Food and Drug
  Administration (FDA) approval for the expanded
  application of its Fiasp as insulin infusion
  pumps in adults with type 1 or type 2 diabetes as
  an improvement of glycemic control
• Rising diabetic population globally, many
  companies are investing to develop advanced
  technology. For instance, in February 2020,
  Becton, Dickinson and Company completed a
  clinical trial of its BD Libertas a wearable
  injectors

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Market Summary
Key Players
Novo Nordisk A/S, Sanofi, Eli Lilly and Company,
Biocon, Ypsomed, Wockhardt, Digital Medics,
Abbott, Companion Medical, F. Hoffmann-La Roche,
Ltd., BD, Animas LLC, Medtronic., Tandem Diabetes
Care, Inc, Diabetes Care, BIGFOOT BIOMEDICAL,
INC, DreaMed Diabetes, Ltd, others
Segmentation

• Applications Outlook (Revenue in Million USD
  20172027)                  
• Type 1 Diabetes Mellitus
• Type 2 Diabetes Mellitus
• End Use outlook (Revenue in Million USD
  20172027)              
• Homecare
• Hospitals
• Clinics
• Others
• Product Type Outlook (Revenue in Million USD
  20172027)
• Devices
• Software Mobile App
• Others

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Market Summary

• Regional Outlook (Revenue, USD Billion
  2017-2027)
• North America
• U.S
• Europe
• U.K
• France
• Asia Pacific
• China
• Japan
• South Korea
• MEA
• Latin America
• Brazil
• Read More News about Automated Insulin Delivery
  Systems Market report by Reports and Data
• Automated Insulin Delivery Systems Market
  https//www.prnewswire.com/news-releases/automated
  -insulin-delivery-systems-market-to-reach-usd-7-81
  -billion-by-2027--reports-and-data-301117775.html
• Automated Insulin Delivery Systems Market
  http//www.digitaljournal.com/pr/4827722

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The report emphasizes the following key questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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