Insulin Pumps Market by product type, and end-user - Global Industry Insights, Size, Share, Trends, 2025

INSULIN PUMPS MARKET
Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2017–2025
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REPORT DESCRIPTION
Insulin Pumps Market Overview
Insulin pump is a portable device attached to the body that continuously delivers preset
amounts of short or rapid acting insulin in the body to control diabetes. Insulin therapy is
required in type 1 diabetes and sometime in type 2 diabetes. It serves as an effective alternative
to insulin injections. Furthermore, insulin pump delivers the insulin according to the need of
body as basal rate, where small amount of insulin is delivered continuously whole day for
maintaining normal function of body that is programmed by health care professionals and as
bolus dose, which is the additional dose of insulin required according to the food supply to
correct the blood sugar level of the body. Insulin pump consists of main pump unit that holds
insulin reservoir i.e. 176-300 units of insulin. There are various types of insulin used to treat
diabetes that includes rapid, short, intermediate and long acting insulin.
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The essential factors driving the growth of this market is diabetes, awareness of diabetes, type
of insulin and different methods to deliver insulin. Insulin pump device are small and durable.
Insulin pumps are user friendly, as they can be programmed easily and LCD screen is available
for display of programs. Battery compartment and reservoir compartment is also compact.
Insulin pump provides more flexibility to lifestyle as it is highly portable. Number of injection are
also reduced due insulin pumps. Whereas there is precise delivery of insulin to gain better
control on diabetes.
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REPORT DESCRIPTION
Insulin pump market taxonomy
Product Type
• Traditional insulin pumps
• Disposable insulin pumps
• Smart pumps
End Users
• Hospital
• Clinics
• Home Care
• Laboratories
Rising number of diabetes to fuel the growth of insulin pump market in the near future:
According to Lancet study 2016, there was four fold increase in number of diabetes 108 million in 1980
to 422 million in 2014 and half of them live in India, China, U.S., Brazil, and Indonesia. Rise in number of
diabetic patient globally is expected to favor growth of the insulin pump market in the near future.
There are two types of diabetes type 1 and type 2. In type 1 diabetes, immune systems destroys the
cells in pancreas called as beta cells which are responsible for insulin production.
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REPORT DESCRIPTION
Diabetes prevalence has been rising more rapidly in middle- and low-income countries that is
expected to support the growth in insulin pumps market
The International Diabetes Federation estimated that 8.3% (382 million) of adults globally had
diabetes in 2013 and that the prevalence vary across different countries. According to American
diabetes Association age- and sex-adjusted diabetes prevalence were highest in the poorer
countries and lowest in the wealthiest countries. LIC (Bangladesh, India, Pakistan, and
Zimbabwe) 14.0%, LMIC (China, Colombia, and Iran, Palestine) 10.1%, UMIC (Argentina, Brazil,
Chile, Malaysia, Poland, South Africa, and Turkey) 10.9%, and HIC (Canada, Sweden, and the
United Arab Emirates) 5.6% Differences between countries may be the because of differences in
the distributions of risk factors among countries, such as family history of diabetes, age, obesity,
socioeconomic status, birth weight, ethnicity, and the degree of westernization. This augments
growth of the insulin pump market more in middle- and low-income countries.
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Major acquisitions to support growth of insulin pump market.
Medtronic Integrated performance report sales increased from US$15,000 in 20212 to US$
30,000 in 2016. Key players operating in insulin pump market include Medtronics, Braun
Melsungen Abbott Laboratories, Becton, Dickinson and Company, Sanofi, Insulet Corporation,
and Hoffmann-La Roche AG.
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Insulin pump is a portable device attached to the body that continuously delivers preset amounts of short or rapid acting insulin in the body to control diabetes. Insulin therapy is required in type 1 diabetes and sometime in type 2 diabetes. It serves as an effective alternative to insulin injections. Furthermore, insulin pump delivers the insulin according to the need of body as basal rate, where small amount of insulin is delivered continuously whole day for maintaining normal function of body that is programmed by health care professionals and as bolus dose, which is the additional dose of insulin required according to the food supply to correct the blood sugar level of the body. Insulin pump consists of main pump unit that holds insulin reservoir i.e. 176-300 units of insulin. There are various types of insulin used to treat diabetes that includes rapid, short, intermediate and long acting insulin. Request to download and view Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/416