Artificial Pancreas Market, Dynamics, Market Analysis, Industry Analysis, Forecast

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Presents a Research Report on
Artificial Pancreas Market
The report on the Global Artificial Pancreas
Market is segmented By Control Type (Threshold
Suspended Device System, CTR System, CTT System),
By Distribution Channel (Hospitals Clinics,
Online Channels, Retail Channels), and Region.
This market research report provides in-depth
information on trends, dynamics, revenue
opportunities, competitive landscape, and recent
developments in the global Artificial Pancreas
market. The historic years considered for the
study are 2016-2019, the base year is 2020, the
estimated year is 2021, and the forecast period
is 2022-2026.


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Artificial Pancreas Market Growth and Forecast
Highlights Drivers

• The Global Artificial Pancreas market is expected
  to grow from USD 164.8 million in 2020 to USD
  495.6 million by 2026 at a CAGR of over 20.1
  during the forecast period.
• The artificial pancreas is a device that mimics
  the glucose regulating function of a healthy
  pancreas.
• These devices use a computer-controlled algorithm
  to precisely calculate the amount of insulin to
  be delivered by using an insulin infusion pump.
• Advanced products can deliver bi-hormones to
  avoid the excessive fall in blood sugar and more
  closely mimic the working and operation of a
  healthy pancreas with little or no input from the
  patient.
• Rising incidences of diabetes, increasing demand
  for automated systems for glycemic control, and
  strong RD capabilities of market players are
  some of the key factors augmenting the market
  growth.
• Also, an artificial pancreas device system
  controls the blood glucose level in diabetic
  patients and industry participants are focusing
  on conducting various research for better
  diabetic management.
• Due to its flexibility, automatic detection of
  glucose level, accurate dosage, convenient usage,
  and short and rapid-acting insulin features,
  there is a surging demand for the product.

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Market Insights

• By Control Type
• The market is segmented into threshold suspended
  device system, CTR system, and CTT system.
• Among these, the threshold suspended device
  system segment garnered the highest market share
  of 2020 and is projected to grow at a robust CAGR
  during the forecast timeline.
• This device automatically acts when the patient
  is unable to respond to the threshold suspend
  alarm and stops insulin delivery when the value
  of sensor glucose reaches a low threshold.
• By Region
• The market in North America held the largest
  share of 2020 and is likely to register a steady
  CAGR during the review period.
• This is mainly attributed to increasing in the
  number of patients with diabetes, rising demand
  for artificial pancreas device systems in the
  region, presence of well-established companies,
  quick adoption of advanced technologies, strong
  healthcare expenditure, and extensive RD by
  major companies in North America contribute to
  the growth of the regional market.

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Competitive Insights
Artificial Pancreas Market, regional expansion,
and execution of mergers acquisitions are the
key strategies adopted by the major players to
gain a competitive edge in the market. Key
Companies Analysed

• Medtronic (Ireland),
• Bigfoot Biomedical (The U.S),
• Johnson Johnson (The U.S),
• Tandem Diabetes Care, Inc. (The U.S),
• Pancreum, Inc. (The U.S),
• TypeZero Technologies, LLC (The U.S),
• Beta Bionics (The U.S),
• Medtrum Technologies Inc (Germany),
• Insulet Corporation (The U.S), and
• DreaMed Diabetes Ltd (Israel).

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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