The Global Insulin Pumps Market size was valued at 3.30 billion in 2018 and is projected to expand at a CAGR of 9% during the forecast period 2021-2027.
Insulin pumps are used to control insulin in people with diabetes at specific intervals. An insulin pump is attached to the person’s body and insulin is administered through a catheter inserted under the skin. The pump delivers a certain amount of insulin to control and maintain blood sugar levels. An insulin pump is a small computerized medical device that can be worn on a belt, pocket, or hidden under clothing. The pump is used to deliver a controlled dose of insulin into the body at regular intervals based on the consumer’s basal and bolus ratio to control the rise in blood sugar levels. It works through a needle and flexible catheter used to insert insulin directly into adipose tissue, and is taped to hold it in place. Insulin pumps help individuals suffering from type 1 and type 2 diabetes by providing flexibility in food options and meal schedules and by reducing the number of injections administered.
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Market Segments
By Product
- Insulin pumps
- Infusion sets
- Insulin reservoirs/cartridges
- Infusion set insertion devices
- Others
Key Players
- Animus Corp.
- Medtronics Inc.
- Insulet Corp.
- Roche Diagnostics
- Cellnovo Ltd.
- Asante
- Nipro Diagnostic Inc.
- Tandem Diabetes Care Inc.
- Sooil Development Co. Ltd.
Scope of the Report
The research study analyzes the global Insulin Pumps industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Insulin Pumps Market Report
1. What was the Insulin Pumps Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Insulin Pumps Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Insulin Pumps Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Insulin Pumps market.
- The market share of the global Insulin Pumps market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Insulin Pumps market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Insulin Pumps market.
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