Global Insulin Pumps Market by Suppliers, Type, Application and Sales Price, Forecast 2025

Posted September 22, 2018 by bharatbook

The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Bharat Book Bureau Provides the Trending Market Research Report on "Insulin Pumps Market to 2025 - Global Analysis and Forecasts By Type; Product; Application" ( under Life Sciences Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

The insulin pumps market is estimated to account for US$ 8,264.01 Mn by the end of 2025, escalating at a CAGR of 10.5% during the forecast period from 2018 to 2025, rising from US$ 3,822.44 Mn in 2017.

The increasing rise in the geriatric population is the significant factor that is expected to drive the growth of the global Insulin Pumps Market.

The number of ageing people with diabetes is increasing due to increased lifespan and the increased prevalence of diabetes in the geriatric population in the United States and worldwide. According to the report of United Nations, in 2017, there were approximately 962 million people aged 60 or over across the globe, that consists of 13% of the global population. The population aged 60 or above is growing at a rate of about 3 per cent per year. The approximate population is around 137 million in 2017 which will reach up to 425 million in 2050. The value is expected to increase to 909 million in 2100, around seven times its value in 2017. However, the high cost of insulin pumps can be a major threat for the insulin pumps market. According to the Academy of Managed Care Pharmacy, the cost of the insulin pumps is approximately between $4,500 and $6,500 for individuals and without insurance. The price of the insulin pumps varies that depending upon the features, brand and size of the pump. For instance, the Accu-Chek Spirit Insulin Pump costs is about $4,600 which includes a feature that is a software that allows readings to be downloaded to a personal digital assistant (PDA). Furthermore, the pump named Minimed Paradigm 522 is more expensive that retailing at about $5,200 with more features. Thus, the rising population will contribute to grow the insulin pumps market in the coming years.

The pumps market is holding the largest share in the current market arena, by the product segment. The pumps are mimic the function of a normal pancreas that delivering a basal insulin dose, and bolus doses at mealtime, when blood glucose (sugar) levels is increased above than normal rate. These are portable devices that are used in the diabetes management for the administering of continues fast acting insulin in the body. The insulin pumps typically hold between 176 and 300 units of insulin. Thus, the increasing demand for insulin pumps is expected to help the insulin pumps market to grow.

In the insulin pumps market, the tethered pumps segment held the largest share in the forecast period, by type segment. It is a portable device that basically connected with an infusion set, where a length of tubing attached to a plastic or metal cannula that is placed in the subcutaneous tissue of body. These pumps are available as a portable device that combined with insulin pumps and continuous glucose monitoring systems that provide sensor-amplified pump therapy. It can be worn in a pocket or clipped to a belt which is usually hidden by the clothing. Tethered pumps also found with a remote access device in the market, such as a remote control or a special glucose meter that can wirelessly trigger the pump to deliver a bolus. The pump reservoirs hold from 180 to 300 units.

Request a free sample copy of Insulin Pumps Market Report @

The insulin pumps market was estimated through extensive primary and secondary sources that included a vast array of government authorized websites such as World Health Organization (WHO), Centers for Disease Control & Prevention (CDC), Centers for Disease Control and Prevention (CDC), Food & Drug Administration (FDA), United Nations (UN), International Diabetes Federation (IDF), National Institute of Health (NIH) and others. The primary respondents included chair-holders and representatives of the demand and supply side for healthcare industries as well as medical professionals at various research centers.

Reasons to buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the insulin pumps market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global insulin pumps market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution

Browse our full report with Table of Contents:

About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Industry Trends & Analysis, Forecasts & Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.

Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: [email protected]

Follow us on: Twitter, Facebook, LinkedIn, Google Plus
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Sandhya Nair
Phone +91 22 27810772, 73
Business Address 808, Real Tech Park, 8th Floor, Sector - 30A, Vashi, Navi Mumbai - 400703, INDIA.
Country India
Categories Science
Tags Market Reports on India , Bharat Book Bureau , market research report , Latest Market Research Reports , Insulin Pumps , Insulin Pumps Market , Insulin Pumps Market Report , Insulin Pumps Market Devices
Last Updated September 22, 2018