Los Angeles, CA -- (SBWire) -- 02/01/2019 --Global Insulin Pump market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player's various strategies to sustain in the global market. The Insulin Pump report covers the five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the Insulin Pump report also covers detail information about various clients which is the most significant element for the manufacturers.
An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin infusion therapy. The device configuration may vary depending on design. A traditional pump includes the pump (including controls, processing module, and batteries); a disposable reservoir for insulin (inside the pump) a disposable infusion set, including a cannula for subcutaneous insertion (under the skin) and a tubing system to interface the insulin reservoir to the cannula. Other configurations are possible. For instance, more recent models may include disposable or semi-disposable designs for the pumping mechanism and may eliminate tubing from the infusion set.
An insulin pump is an alternative to multiple daily injections of insulin by insulin syringes or an insulin pen and allows for intensive insulin therapy when used in conjunction with blood glucose monitoring and carb counting.
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In the last several years, the global market of insulin pump developed smoothly, with an average growth rate of 5.2%. In 2016, the global revenue of the insulin pump is nearly 1218 M USD; the actual production is about 246 K units.
The global average price of an insulin pump is in the decreasing trend, from 5256 USD/Unit in 2011 to 4936 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Insulin Pump includes normal and patch pump, and the proportion of normal in 2016 is about 82%. An insulin pump is widely used to treat Type I diabetes and Type II diabetes. The most proportion of insulin pump is used for Type I diabetes treatment, and the consumption proportion in 2016 is about 81%.
The global Insulin Pump market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Insulin Pump volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Insulin Pump market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, and Japan.
At the company level, this report focuses on the production capacity, ex-factory price, revenue, and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Medtronic
Johnson & Johnson
Roche
SOOIL
Tandem Diabetes care
Insulet Corp
Valeritas
Microport
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Normal
Patch Pump
Segment by Application
Type I Diabetes
Type II Diabetes
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Insulin Pump Global Market Size, Growth, Trends and 2025 Forecast Report