Insulin Patch Pump Market: Key Trends and Opportunity Analysis 2025
Added: (Wed Feb 07 2018)
Pressbox (Press Release) -
The latest trending report published by Crystal Market Research titled, Insulin Patch Pump Market, approximates that the Insulin Patch Pump market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
Insulin Patch Pump Market is expected to experience significant growth in coming years between 2017 and 2025. The market is primarily driven by rising incidence of diabetes worldwide. Diabetes is on the rise globally with a steady increase around the world especially in the world’s middle-income countries. According to World Health Organization’s Global Report on Diabetes published in 2016, the global prevalence of diabetes has nearly doubled between 1980 and 2014, rising from 4.7% to 8.5% of the adult population. In terms of number of patients, the prevalence increased from 108 million in 1980 to 422 million cases in 2014.
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Key Players Operating In the Global Insulin Patch Pump Market:
Valeritas Holdings Inc.
Unilife Corporation and Becton
Dickinson and Company.
North America held a significant share of the insulin patch pump market in 2016 due to the availability of FDA approved insulin patch pumps such as the OmniPod Insulin Management System manufactured by Insulet Corporation and V-GO disposable insulin delivery device manufactured by Valeritas, Inc. The Asia-Pacific market has not experienced any substantial growth due to lack of large scale adoption of advanced therapies for diabetes management but can experience favorable growth in coming years owing to increasing awareness related to diabetes management in the region.
The report Insulin Patch Pump Market renders a wide-ranging analysis of the said market in terms of product, regional, application and end user segmentation. The report comprises of the present market size of this industry. Also, the potential outlooks and current market summary of this segment has been thoroughly analyzed in this report. Moreover, chief market players of the Insulin Patch Pump are studied on various factors like product portfolio, company profile, sales analysis, revenue generation through the forecast period
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Insulin Patch Pump Market Segmentation:
By Type of Insulin:
By End User:
This report contains Segment wise in-depth analysis in terms several above-mentioned segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
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About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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