DUBLIN, Sept 10, 2018 /PRNewswire/ --
The "Insulin Pumps Market to 2025 - Global Analysis and Forecasts By Type; Product; Application and Geography" report has been added to ResearchAndMarkets.com's offering.
The insulin pumps market is estimated to account for US$ 8,264.01 Mn by the end of 2025, escalating at a CAGR of 10.5% during the forecast period from 2018 to 2025, rising from US$ 3,822.44 Mn in 2017.
The increasing rise in the geriatric population is the significant factor that is expected to drive the growth of the global insulin pumps market. The number of ageing people with diabetes is increasing due to increased lifespan and the increased prevalence of diabetes in the geriatric population in the United States and worldwide.
The price of the insulin pumps varies that depending upon the features, brand and size of the pump. For instance, the Accu-Chek Spirit Insulin Pump costs is about $4,600 which includes a feature that is a software that allows readings to be downloaded to a personal digital assistant (PDA). Furthermore, the pump named Minimed Paradigm 522 is more expensive that retailing at about $5,200 with more features. Thus, the rising population will contribute to grow the insulin pumps market in the coming years.
The pumps market is holding the largest share in the current market arena, by the product segment. The pumps are mimic the function of a normal pancreas that delivering a basal insulin dose, and bolus doses at mealtime, when blood glucose (sugar) levels is increased above than normal rate. These are portable devices that are used in the diabetes management for the administering of continues fast acting insulin in the body. The insulin pumps typically hold between 176 and 300 units of insulin. Thus, the increasing demand for insulin pumps is expected to help the insulin pumps market to grow.
In the insulin pumps market, the tethered pumps segment held the largest share in the forecast period, by type segment. It is a portable device that basically connected with an infusion set, where a length of tubing attached to a plastic or metal cannula that is placed in the subcutaneous tissue of body. These pumps are available as a portable device that combined with insulin pumps and continuous glucose monitoring systems that provide sensor-amplified pump therapy. It can be worn in a pocket or clipped to a belt which is usually hidden by the clothing. Tethered pumps also found with a remote access device in the market, such as a remote control or a special glucose meter that can wirelessly trigger the pump to deliver a bolus. The pump reservoirs hold from 180 to 300 units.
Key Topics Covered:
1.1 Scope of the Study
1.2 Research Report Guidance
2. Global Insulin Pumps Market - Key Takeaways
3. Global Insulin Pumps Market - Market Landscape
3.2 Market Segmentation
3.3 PEST Analysis
4. Global Insulin Pumps Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Prevalence of Diabetes
4.1.2 Increasing Technological Advancement In Insulin Pump
4.1.3 Increasing Rise In the Geriatric Population
4.2 Key Market Restraints
4.2.1 Availability of Alternatives For Insulin Delivery Pumps
4.2.2 High Cost of Insulin Pumps
4.3 Key Market Opportunities
4.3.1 Rising Medical Tourism In Developing Countries
4.4 Future Trends
4.4.1 Growing Product Innovations
4.5 Impact Analysis
5. Insulin Pumps Market - Global Analysis
5.1 Global Insulin Pumps Market Revenue Forecasts and Analysis
5.2 Global Insulin Pumps Market, by Geography - Forecasts and Analysis
5.3 Market Positioning
5.4 Performance of Key Players
5.4.2 Insulet Corporation
5.5 Expert Opinions
6. Insulin Pumps Market - Global Regulatory Scenario
6.1 North America
6.3 Asia Pacific
6.4 Middle East & Africa
6.4.1 Saudi Arabia
6.4.2 South Africa
6.5 South & Central America
7. Global Insulin Pumps Market Analysis- by Type
7.2 Global Insulin Pump, by Type 2017 & 2025 (%)
7.3 Tethered Market
7.4 Untethered Market
8. Global Insulin Pumps Market Analysis- by Product
8.2 Global Insulin Pumps, by Product 2017 & 2025 (%)
8.3 Pumps Market
8.4 Accessories Market
9. Global Insulin Pumps Market Analysis- by Application
9.2 Global Insulin Pumps, by Application 2017 & 2025 (%)
9.3 Type I Diabetes Market
9.4 Type Ii Diabetes Market
10. North America Insulin Pumps Market Revenue and Forecasts To 2025
11. Europe Insulin Pumps Market Revenue and Forecasts To 2025
12. Asia Pacific Insulin Pumps Market Revenue and Forecasts To 2025
13. Middle East and Africa Insulin Pumps Market Revenue and Forecasts To 2025
14. South and Central America Insulin Pumps Market Revenue and Forecasts To 2025
15. Insulin Pump Market -Industry Landscape
15.2 Growth Strategies In the Insulin Pump Market, 2016-2018
15.3 Organic Growth Strategies
15.4 Inorganic Growth Strategies
16. Insulin Pumps Market -Key Company Profiles
16.1 Insulet Corporation
16.3 Tandem Diabetes Care, Inc.
16.4 Debiotech S.A.
16.6 Sooil Developments Co., Ltd
16.7 Microport Scientific Corporation
16.8 Valeritas Inc.
16.9 F. Hoffmann-La Roche Ltd.
16.10 Ypsomed Ag
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