According to Acquire Market Research this study, An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin infusion therapy. The device configuration may vary depending on design. A traditional pump includes: the pump (including controls, processing module, and batteries); a disposable reservoir for insulin (inside the pump) a disposable infusion set, including a cannula for subcutaneous insertion (under the skin) and a tubing system to interface the insulin reservoir to the cannula. Other configurations are possible. For instance, more recent models may include disposable or semi-disposable designs for the pumping mechanism and may eliminate tubing from the infusion set.
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An insulin pump is an alternative to multiple daily injections of insulin by insulin syringes or an insulin pen and allows for intensive insulin therapy when used in conjunction with blood glucose monitoring and carb counting.
In the last several years, global market of insulin pump developed smoothly, with an average growth rate of 5.2%. In 2016, global revenue of insulin pump is nearly 1218 M USD; the actual production is about 246 K units.
The global average price of insulin pump is in the decreasing trend, from 5256 USD/Unit in 2011 to 4936 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Insulin Pump includes normal and patch pump, and the proportion of normal in 2016 is about 82%. Insulin pump is widely used to treat Type I diabetes and Type II diabetes. The most proportion of insulin pump is used for Type I diabetes treatment, and the consumption proportion in 2016 is about 81%.
According to this study, over the next five years the Insulin Pump market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Insulin Pump business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Insulin Pump market by product type, application, key manufacturers and key regions and countries.
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This study considers the Insulin Pump value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Type I Diabetes
Type II Diabetes
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
Johnson & Johnson
Tandem Diabetes care
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Insulin Pump Consumption 2014-2024
2.1.2 Insulin Pump Consumption CAGR by Region
2.2 Insulin Pump Segment by Type
2.2.2 Patch Pump
2.3 Insulin Pump Consumption by Type
2.3.1 Global Insulin Pump Consumption Market Share by Type (2014-2019)
2.3.2 Global Insulin Pump Revenue and Market Share by Type (2014-2019)
2.3.3 Global Insulin Pump Sale Price by Type (2014-2019)
2.4 Insulin Pump Segment by Application
2.4.1 Type I Diabetes
2.4.2 Type II Diabetes
2.5 Insulin Pump Consumption by Application
2.5.1 Global Insulin Pump Consumption Market Share by Application (2014-2019)
2.5.2 Global Insulin Pump Value and Market Share by Application (2014-2019)
2.5.3 Global Insulin Pump Sale Price by Application (2014-2019)