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Insulin Pump Market Share Will Increase USD 8520 Million Enlisting Popularity Rate at 8.4% of CAGR by 2023 | Medtronics, Abbott Laboratories, Becton, Dickinson and Company, Sanofi Etc.

May 21st, 2019 Market Research Future Releases

The Insulin Pump Market research report by Market Research Future provides a comprehensive study for all major regions around the globe. This report provides an exhaustive study of the Medical Devices industry that explains the trends in the market definition, classifications, applications, commitments, and global industry. Global Insulin Pump Market Information, by types (Traditional insulin pump, Disposable insulin pump); by end users (Hospital & Clinics, Home Care, Laboratories) – Forecast to 2023

Insulin Pump Market – Overview

The Insulin Pump is a device garnering huge popularity worldwide, owing to the advancement in the physiologic programmable technique for insulin delivery which has made these pumps adaptable and lifestyle friendly. Continuous subcutaneous insulin infusion (CSII) is a therapy which uses insulin pumps to deliver insulin to diabetics. Over a certain period, along with the technological advancements, these pumps have evolved significantly from constant observing glucose sensors that give exceptional access to the patient’s blood glucose levels to “sensor-augmented” and “sensor-driven” pumps.

Get Free Sample @ https://www.marketresearchfuture.com/sample_request/1637

The prevalence of diabetes has been increasing immensely, over the past decade, accounting for one of the foremost causes of death and a risk factor to the growing number of severe health conditions such as kidney disease, cardiovascular disease, eye disorders, and stroke, etc. According to the International Diabetes Foundation (IDF) survey conducted in 2013, around 384 million people were suffering from diabetes by then, and the number can rise to nearly 592 million people are expected to suffer from diabetes by 2035.

Insulin Pump Market – Key Players

Some of the key players in this market are:

  • Braun Melsungen AG
  • Hoffmann-La Roche AG
  • Medtronics
  • Abbott Laboratories
  • Becton, Dickinson and Company
  • Sanofi
  • Insulet Corporation

Industry/ Innovation/ Related News:

March 2019

Medtech player Medtronic lately launched an insulin pump system called the MiniMed 670G in the UK for people having Type 1 diabetes. The specialty of this pump is it is self-adjusting. This is the first ever system for automating personalizing basal insulin delivery for 24 hours. It learns the patient’s body thereby adjusting the insulin delivery automatically for stabilizing the level of glucose and avoiding hyperglycaemia and hypoglycaemia making a positive impact on those having type 1 diabetes. This will be on the perspective of both clinical as well as quality of life.

Get Discount on Report @ https://www.marketresearchfuture.com/check-discount/1637

Insulin Pump Market – Segments

The Insulin Pump Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation By Types: Comprises Traditional insulin pump, and Disposable insulin pump

Segmentation By End User: Comprises Hospital & Clinics, Home Care, and Laboratories, and other

Segmentation By Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

Insulin Pump Market – Regional Analysis

In 2016, the North America market accounted for the leading market globally, capturing the largest market share in 2016. Factors supporting the market growth include increasing technological advancements in the healthcare industry and growing diabetic population in the region.

The Europe Insulin Pump market is expected to reach USD 2,784.5 million by 2023, growing at a CAGR of 8.7% during the review period.

Asia Pacific Insulin Pump market emerging as one of the promising markets is expected to grow at 8.9% CAGR during the forecast period 2017-2023.

Insulin Pump Market – Key Findings

  • The Global Insulin Pump Market is expected to reach USD 8520.9 million by 2023.
  • By types, Traditional insulin pump segment holds the largest market share of Global Insulin Pump market and is expected to reach USD 4587.5 million by 2023.
  • By End User, Home Care segment is expected to grow at a fastest CAGR of 8.9%.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: 
salesteam@marketresearchfuture.com

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