Market Analysis: Global Tubeless Insulin Pumps Market
Global Tubeless Insulin Pumps Market is expected to rise with a healthy CAGR of 22.68% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing cases of diabetes and increasing prevalence of obesity. The report contains data of the base year 2018 and historic year 2017.
An insulin pump is a comparatively small electronic device. A tubeless insulin pump is a portable medical device which helps in controlling the blood glucose level. The pods are generally prefilled with insulin, so that the patient can pop them on and this device also has a pump which can be controlled via the handset. Different types of insulin pumps are available in the market. Insulin pumps can reduce the demand of daily injections. According to American Diabetes Association 2015 report, in America, approximately 30.3 million (9.4% of the population), had diabetes. Few of the major competitors currently working in the global tubeless insulin pumps market are Medtrum Technologies, CellNova, F. Hoffmann-La Roche Ltd, Spring Health Solutions Ltd.,
The Tubeless Insulin Pumps report gives information about the competitive situation among the market vendors and company profile, besides this, the report also provides market price analysis and value chain features. The scope of the report includes in-depth insights of global and regional markets with the sense given for variation in the growth of the Healthcare industry in certain regions. Tubeless Insulin Pumps market research report offers information on production development, market sales, regional trade, investment calculation, investment opportunity, trade outlook, policy, regional market and other important characteristic of the wire and cable market. The Geography Areas Covered in this Report: North America ( U.S., Canada, Mexico) South America( Brazil, Rest of South America) Europe(Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, Asia-Pacific, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific) Middle East & Africa (South Africa, Rest of Middle East & Africa)
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Market Drivers:
- Increasing cases of diabetes is expected to drive the growth of the market
- Increasing prevalence of obesity is expected to drive the growth of the market
- Technological advancement of tubeless insulin pump is expected to drive the growth of the market
- Infections and injuries caused by the traditional invasive insulin pump is also expected to boost the growth of the market
Segmentation: Global Tubeless Insulin Pumps Market
By Component
- Pod/Patch
- Remote
- Accessories
By End Users
- Hospitals
- Clinics
- Homecare
- Others
By Distribution Channel
- Hospitals
- Pharmacies
- e-Commerce
- Others
Companies Included: Debiotech S.A., Insulet Corporation, Tandem Diabetes Care, Inc, Dexcom, Inc, Medtronic, Novo Nordisk A/S, Animas LLC among others.
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Competitive Analysis
Global tubeless insulin pumps market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tubeless insulin pumps market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
- Current and future of global tubeless insulin pumps market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Key Reasons to Purchase Tubeless Insulin Pumps Report:
- To gain insightful analyses of the market and have comprehensive understanding of the Global Tubeless Insulin Pumps and its commercial landscape.
- Assess the Tubeless Insulin Pumps production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Tubeless Insulin Pumps and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Tubeless Insulin Pumps.
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