Title: Tubeless Insulin Pump Market share to grow at 25% CAGR from 2017 to 2024
1Tubeless Insulin Pump Market forecast to reach
2Bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Tubeless Insulin Pump Market
- Global Market Insights, Inc. says, Tubeless
Insulin Pump Market size is set to exceed USD 2
billion by 2024. - Rising number of diabetic and obese patients
coupled with introduction of advanced pump will
serve as high impact rendering factors for the
tubeless insulin pump market growth. - Advent of new technologies in continuous glucose
monitoring without the need for daily insulin
injection doses will stimulate business growth
over the forecast years. - The pods/patches market should witness more than
20 CAGR over the coming years. Regular
replacement of pods and high usage frequency will
drive the escalated demand for these products. - Tubeless insulin pump remote should grow in
parallel with the pods segment. - Distribution of tubeless insulin pump through
e-commerce platforms has become the most popular
medium. In 2016, e-commerce held the market share
of over 50, valuing more than USD 250 million.
3Continued...
- Distribution through hospitals is less preferred
medium because of the high cost of tubeless
insulin pump. However, many private hospitals
have recently started offering tubeless insulin
pump at affordable prices, augmenting the
industry growth. - U.S. tubeless insulin pump market valued over USD
200 million in 2016 and anticipated to grow
significantly over the coming years. - Switching of insulin pump user from tubed to
tubeless should be the major growth rendering
factor. Moreover, increasing adoption of tubeless
pump by first time users will fuel regional
industry growth. - Germany accounted for more than 20 of overall
regional revenue share, owing to increasing
number of diabetic patients and advanced
healthcare system. Growing adoption of advanced
technology will drive rapid industry grow over
the forecast years. - Some of the companies operating in tubeless
insulin pump market are Insulet Corporation,
Johnson Johnson, Medtrum Technologies, Roche
Holding, Cellnovo Group, Spring Health Solution,
Debiotech, CeQur, Valeritas, and Abbott Diabetes
Care.
4Germany Tubeless Insulin Pump Market, By
Component, 2013 - 2024 (USD Million)
5 Browse Full Market Research Report On Tubeless
Insulin Pump Market _at_ http//bit.ly/2x4mKYJ
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