According to The Insight Partners market research study titled “Insulin Pumps Market to 2025 – Global Analysis and Forecasts by Product, Type and Application”, the global insulin pumps market was valued at US$ 3,822.44 Mn in 2017 and is estimated to reach US$ 8,264.01 Mn by 2025. The report highlights the trends prevalent in the global insulin pumps market and the factors driving the market along with those that act as deterrents to its growth.
Over the years, researchers have been carrying out research activities which have resulted to product innovations. Products with increased technology with more effective benefits is a major requirement in the treatment for diabetes. As the prevalence of diabetes is increasing across the world, the demand for more products with advancements is also boosting up. The growing innovations in novel insulin pump products is a boosting factor that helps to propelling the growth for the market.
The increasing technological advancements due to the increased demand for product development. However, the availability of alternatives for insulin delivery pumps are expected to act as major challenges hindering the market growth.
The global insulin pumps market is a mature market in the developed countries as well as in developing economies worldwide. The insulin pumps market is segmented on the basis of product, type and application. Based on product, the market is bifurcated into pumps and accessories. By type, the insulin pumps market is segmented into tethered and untethered types. On the basis of application segment, the market is classified as type I diabetes and type II diabetes. The insulin pumps include the applications such as type I diabetes and type II diabetes. The insulin pumps by application, the dominance of type I diabetes segment attributes to the alleviation from large costs that are incurred by the companies for in-house activities.
Segments-
The global insulin pumps market is a mature market in the developed countries as well as in developing economies worldwide. The insulin pumps market is segmented on the basis of product, type and application. Based on product, the market is bifurcated into pumps and accessories. By type, the insulin pumps market is segmented into tethered and untethered types. On the basis of application segment, the market is classified as type I diabetes and type II diabetes. The insulin pumps include the applications such as type I diabetes and type II diabetes. The insulin pumps by application, the dominance of type I diabetes segment attributes to the alleviation from large costs that are incurred by the companies for in-house activities.
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TABLE OF CONTENTS
- INTRODUCTION
- KEY TAKEAWAYS
- RESEARCH METHODOLOGY
- MARKET LANDSCAPE
- MARKET – KEY MARKET DYNAMICS
- MARKET – GLOBAL MARKET ANALYSIS
- MARKET – REVENUE AND FORECASTS TO 2028 – TYPE
- MARKET – REVENUE AND FORECASTS TO 2028 – APPLICATION
- MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
- INDUSTRY LANDSCAPE
- MARKET, KEY COMPANY PROFILES
- APPENDIX
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