Global Insulin Pump Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)
The key players of the insulin pump market are Tandem Diabetes Care, Inc., Medtronic plc, Insulet Corporation and Roche Holding AG are also profiled with their financial information and respective business strategies.
By: Daedal Research
Furthermore, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global insulin pump market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Middle East and Africa
Tandem Diabetes Care, Inc.
Roche Holding AG
The insulin pump market can be segmented on the basis of disease indication (Type 1 Diabetes and Type 2 Diabetes); by type (Tethered Pump, Patch Pump, Implanted Insulin Pump and Closed Loop Insulin Pump); by end use (Hospitals & Clinics, Homecare and Laboratories);
The global insulin pump market has increased significantly during the years 2018-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025. The insulin pump market is expected to increase due to increasing prevalence of diabetes, rising healthcare expenditure, surging demand for packaged food product, rising proportion of people with overweight and obesity, rising investments by venture capitalists, advantages of insulin pump over conventional methods, rapid urbanization, favorable government initiatives, etc. yet the market faces some challenges such as lack of skilled professional to handle the pump, availability of substitutes, high cost of insulin pump, cumbersome regulations, etc.
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