Global Insulin Pump Market– estimation & forecast, 2017-2025

SKU ID : MRF- 10850836

Publishing Date : 20-May-2017

No. of pages : 79

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  • Introduction
    The market for Insulin pumps is growing steadily. Rising prevalence of diabetes and increasing ageing population has driven the growth of the global Insulin pumps markets. The global market for Insulin pumps is expected to reach US$ 8,520.9 million by 2023 from US$ 4,844.9 million in 2016, this market is expected to grow at a CAGR of 8.4 % till the end of the forecasted period 2016-2023.



    On the basis of types the global Insulin pumps market is divided into Traditional insulin pump and Disposable insulin pump. Traditional insulin pumps are currently dominating the market share with 55.7% market share in 2016, however disposable insulin pumps is expected to reach US$ 3,933.4 million in 2023 from US$ 2148.0 million in 2016, this market is expected to grow at fastest CAGR of 9.1% during the forecast period 2016-2023.
    Further on the basis of end-users the market is divided into Hospital & Clinics, Home Care, and Laboratories. Hospital & clinics segment is expected to command the largest market share of 45.2% in 2016, this market is expected to grow at a CAGR of 8.6% during the forecast period 2016-2023. However Home care segment is expected to grow at a fastest CAGR of 8.9%, this growth is driven by increased convenience of patients in homecare and growing awareness of self-monitoring in diabetic patients.
    On the basis of regions the global insulin pumps market is divided into North America, Europe, Asia Pacific, Middle East & Africa. North America region is capturing the largest market share of 45.1% in 2016. This is due to increasing technological advancement in the healthcare industry and growing diabetic population in the following region. The European market is expected to reach US$ 2,784.5 million in 2023 from US$ 1,550.4 million in 2016, this market is expected to grow at a CAGR of 8.7% during the forecast period. Asia Pacific market is expected to be the fastest growing market which is growing at a CAGR of 8.9% during the forecast period 2016-2023

    Key Players
    The leading market players in the global Insulin Pump market include: Braun Melsungen AG, F. Hoffmann-La Roche AG, Medtronics, Abbott Laboratories, Becton, Dickinson and Company, Sanofi, Insulet Corporation.

    Study objectives
    • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Insulin Pump market
    • To provide insights about factors influencing and affecting the market growth
    • To provide historical and forecast revenue of the market segments and sub-segments with respect to – Regional markets and their countries
    • To provide historical and forecast revenue of the market segments based on by product type, by application, by end users, by region for global Insulin Pump market.
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
    • To provide economical factors that influence the global Insulin Pump market
    Target Audience
    • Insulin Pump Suppliers
    • Insulin Pump Manufacturers
    • Private & Public Hospitals
    • Potential Investors
    • Medical Research Institutes
    • Key Executive (CEO and COO) and Strategy Growth Manager
    Key Findings
    • Traditional insulin pump segment accounted the largest market share of 55.7% in 2016
    • Disposable insulin pump segment is the fastest growing segment, which is growing at a CAGR of 9.1% during the forecast period from 2016-2023
    • North America holds the largest market share of 45.1% in insulin pump market and is expected to reach US$ 3,948.2 million by 2023 from US$ 2,183.0 million in 2016
    • Pacific is expected to grow at a fastest CAGR of 8.9% during the forecast period from 2016 to 2023.

    The reports also covers regional analysis
    • North America
    o US
    o Canada
    • Europe
    o Germany
    o France
    o U.K.
    o Italy
    o Spain
    o Rest of Europe
    • Asia Pacific
    o Japan
    o China
    o India
    o Republic of Korea
    o Rest of Asia-Pacific
    • Middle East & Africa
    o Middle East
    o Africa