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Insulin Pumps Market report indicates industrial forecast growth rate and market share 2026

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Title: Insulin Pumps Market report indicates industrial forecast growth rate and market share 2026


1
Insulin Pumps Market To Reach USD 9.41 Billion By
2027
www.reportsanddata.com
sales_at_reportsanddata.com
2
Market Summary
The growing prevalence of diabetes is one of the
significant factors influencing market
growth. Market Size USD 4.12 billion in 2018,
Market Growth - CAGR of 9.4, Market Trends
Growing awareness about insulin pumps.
3
Our Approach
Market Summary
  • The global insulin pumps market is expected to
    reach USD 9.41 Billion by 2027, according to a
    new report by Reports and Data. Insulin pumps are
    used for insulin therapy and is used for the
    treatment of patients with all types of diabetes.
  • The need for insulin therapy depends upon the
    balance between insulin resistance and insulin
    secretion. Patients with type 1 diabetes require
    insulin treatment permanently unless they receive
    a whole organ pancreas transplant or an islet.
    Type 2 diabetes patients require insulin as their
    beta-cell function lowers over time.
  • Diabetes and its complications, societal costs,
    and deaths have a huge and rapidly growing impact
    across the globe. In 2019 approximate 463
    million adults (20-79 years) were living with
    diabetes, and by 2045, this is expected to rise
    to 700 million. A growing number of diabetic
    patients are propelling the demand for insulin.
  • Technological advancements in the insulin pumps
    have led to improved reliability and
    functionality. CSII (continuous subcutaneous
    insulin infusion) technology has observed several
    advancements, comprising the incorporation of
    continuous glucose monitoring (CGM) with the
    insulin pump. At present, these pumps with the
    integration of AI are capable of controlling the
    algorithm that analyzes the blood glucose level
    and automatically delivers the insulin to the
    individual using it.
  • Request for a sample of this research report _at_
    https//www.reportsanddata.com/sample-enquiry-form
    /2346

4
Our Approach
Market Summary
  • Further key findings from the report suggest
  • By product, traditional insulin pumps dominated
    the market share in 2018 and is likely to
    experience a growth rate of 8.9 in the forecast
    period. The growth of these type of pumps is
    primarily owing to their better reliability and
    high availability of the product.
  • By accessories, the insulin set insertion device
    held the largest market share in 2018 and is
    estimated to witness a growth rate of 9.2 in the
    forecast period. The market dominance of this
    insulin pump accessory is attributed to its high
    usage frequency.
  • By end-users, hospitals clinics dominated the
    market in 2018 and are projected to have a CAGR
    of 9.0 in the forecast period. The market
    dominance is owing to the higher acceptance of
    advanced technologies, well-established
    healthcare facilities, increasing government
    funding, and rising private sector investments in
    the healthcare sector.
  • To identify the key trends in the industry, click
    on the link below https//www.reportsanddata.com/
    report-detail/insulin-pumps-market

5
Our Approach
Market Summary
  • Key participants include Animus Corporation,
    Asante, Insulet Corporation, Nipro Diagnostic
    Inc., Cellnovo Ltd., Ypsomed Group, Medtronics
    Inc., Tandem Diabetes Care Inc., Roche, and
    Valeritas, among others.
  • For the purpose of this report, Reports and Data
    have segmented into the global Polyethylene
    market on the basis of type, product density,
    technology, end-users, and region
  • Product Type Outlook (Revenue, USD Million
    2016-2027)
  • Traditional Insulin Pump
  • Disposable Insulin Pump
  • Accessories Outlook (Revenue, USD Million
    2016-2027)
  • Insulin Set Insertion Devices
  • Insulin Cartridges
  • Battery

6
Our Approach
Market Summary
  • End-User Outlook (Revenue, USD Million
    2016-2027)
  • Hospitals Clinics
  • Laboratories
  • Homecare settings
  • Order Now https//www.reportsanddata.com/checkout
    -form/2346

7
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
  • Direct Line 1-212-710-1370
  • E-mail sales_at_reportsanddata.com
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