Insulin Delivery Pump Market Size Was Valued At USD 836.14 Million In 2021 And Is Expected To Expand At A Compound Annual Growth Rate (CAGR) Of 10.73% From 2022 To 2030.
The Insulin Delivery Pump Market refers to the global market for devices used to deliver insulin to individuals with diabetes. Insulin delivery pumps are small electronic devices that deliver precise doses of insulin into the body throughout the day, mimicking the function of a healthy pancreas.
The market for insulin delivery pumps is driven by the increasing prevalence of diabetes worldwide, advancements in insulin delivery technology, and the growing preference for continuous subcutaneous insulin infusion (CSII) therapy over traditional insulin injections. Insulin pumps offer benefits such as improved glycemic control, flexibility in insulin administration, and reduced risk of hypoglycemia.
Factors such as the rising awareness about diabetes management, the need for convenient and personalized insulin delivery options, and the development of smart insulin pumps with advanced features contribute to market growth.
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Market Segmentations:
Global Insulin Delivery Pump Market: By Company
• Medtronic
• Johnson & Johnson
• Roche
• SOOIL
• Tandem Diabetes care
• Insulet Corp
• Valeritas
• Microport
Global Insulin Delivery Pump Market: By Type
• Open-loop
• Close-loop
Global Insulin Delivery Pump Market: By Application
• Type I Diabetes
• Type II Diabetes
Global Insulin Delivery Pump Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Insulin Delivery Pump market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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