Insulin Pumps Market Will Expected at 2.9% CAGR to Reach 2190 Million US$ by the End of 2025

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Los Angeles, CA -- (SBWire) -- 03/20/2019 --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.

The classification of Insulin Pump includes Normal Pump and Patch Pump. The proportion of Normal Pump in 2017 is about 96%, and the proportion is in decreasing trend from 2012 to 2017.

Insulin Pump is widely used for Type I Diabetes and Type II Diabetes. The most proportion of Insulin Pump is for Type I Diabetes, and the proportion in 2017 is about 85.37%.

North America is the largest consumption place, with a consumption market share nearly 44% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 24%.

The global Insulin Pumps market is valued at 1740 million US$ in 2018 is expected to reach 2190 million US$ by the end of 2025, growing at a CAGR of 2.9% during 2019-2025.

This report focuses on Insulin Pumps volume and value at global level, regional level and company level. From a global perspective, this report represents overall Insulin Pumps market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Medtronic

Roche

Johnson & Johnson

Insulet Corp

Tandem Diabetes care

Valeritas

SOOIL

Microport

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Normal Pump

Patch Pump

Segment by Application

Type I Diabetes

Type II Diabetes

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