Insulin Pumps Market : Professional Market Research Report and Forecasts 2017-2023

Our latest research report entitled Insulin Pumps Market (by product (insulin pumps and insulin pump supplies & accessories), distribution channel (hospital pharmacy, retail pharmacy, online sales and diabetes clinics or centers)) provides complete and deep insights into the market dynamics and growth of Insulin Pumps. Latest information on market risks, industry chain structure Insulin Pumps cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Insulin Pumps growth factors.

The forecast Insulin Pumps Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Insulin Pumps on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global insulin pumps market is projected to grow at a CAGR of 8.9% over the forecast period of 2017-2023.

Insulin pumps are portable devices attached to the body that continuously deliver amounts of rapid or short acting insulin through a catheter placed under the skin. These are better alternative to insulin injections as they reduce the need for multiple insulin injections per day and give the user increased ability to control blood glucose levels. Approximately 1 in 1,000 people with diabetes wear an insulin pump. An insulin pump consists of the main pump unit which holds an insulin reservoir which typically holds between 176 and 300 units of insulin. The reservoir is attached to a long, thin piece of tubing with a needle or cannula at one end. The tubing and the bit at the end are called the infusion set. Insulin pump therapy is also referred to as continuous subcutaneous insulin infusion therapy.

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Rise in base of geriatric population, increasing incidence rates of diabetes worldwide, benefits of insulin pumps over injections such as improved glucose control, convenience, and flexibility; growing awareness among the population, and increasing preference for non-invasive methods are expected to drive the market at a significant growth rate in the coming years. However, skin infection, weight gain and high costs associated with these devices are some of the restraining factors which could hinder the market.

Segment Covered

The report on global insulin pumps market covers segments such as, product and distribution channel. On the basis of product the global insulin pumps market is categorized into insulin pumps and insulin pump supplies & accessories. On the basis of distribution channel the global insulin pumps market is categorized into hospital pharmacy, retail pharmacy, online sales and diabetes clinics or centers.

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015-2023.

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017-2023.

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