According to the latest report by IMARC Group, the global insulin pumps market exhibited moderate growth during 2015-2020.
Insulin pumps are portable medical devices that are utilized to administer insulin in type 1 or type 2 diabetic patients’ body.
2. Report Description
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3. Report Description
Report Description and Highlights
Global Insulin Pump Market Outlook 2026:
According to the latest report by IMARC Group, titled “Insulin Pumps Market: Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global insulin pumps market exhibited
moderate growth during 2015-2020.
Insulin pumps are portable medical devices that are utilized to administer insulin in type 1 or type 2
diabetic patients’ body. They mimic the function of pancreas and aid in managing the sugar levels in
the body.
These pumps resemble a smartphone in terms of size and are worn outside the body. They can deliver
insulin in a steady and continuous dose (basal) as well as in variable amounts around a mealtime
(bolus).
These pumps usually consist of built-in bolus calculators that estimate the dosage of insulin required by
the user based on the patient’s glucose levels.
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4. Report Description
Report Description and Highlights
Global Insulin Pump Market Trends:
A significant increase in the diabetic population is one of the major growth-inducing factors for the
market. Hectic lifestyles with minimal physical activities have led to a rise in the incidences of lifestyles
diseases such as diabetes and obesity.
Moreover, rapid urbanization, busy schedules, changing dietary patterns and inflating per capita
income have contributed significantly to the escalating sales of junk and convenience foods which, in
turn, has increased the occurrence of diabetes. Population aging has also contributed to the enhanced
prevalence of the disease.
Furthermore, governments of several countries are actively engaging in awareness campaigns
regarding insulin therapy and medical provisions for the treatment of diabetes.
For instance, the Government of Australia’s Insulin Pump Program provides fully subsidized insulin
pumps to children up to the age of 18.
5. Other factors contributing to the market growth include increasing healthcare expenditure by
governments of both developing and developed nations and enhanced focus research and
development (R&D) by the manufacturers to develop more efficient products.
Market Summary:
Breakup by Composite Type:
• Insulin pumps
• Tethered pumps
• Disposable/patch insulin pumps
• Insulin pump supplies
• Infusion set insertion devices
• Insulin reservoirs/cartridges
• Accessories
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6. Breakup by Distribution Channel:
• Hospital pharmacy
• Retail pharmacy
• Online
• Diabetes clinics/centers
Breakup by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
On account of the aforementioned factors, the market is expected to witness moderate growth during
2021-2026.
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7. Competitive Landscape With Keyplayer:
• Animus Corp.
• Medtronics Inc.
• Insulet Corp.
• Roche Diagnostics
• Cellnovo Ltd.
• Asante
• Nipro Diagnostic Inc.
• Tandem Diabetes Care Inc.
• Sooil Development Co. Ltd.
• Ypsomed
View Report TOC, Figures and Tables : https://www.imarcgroup.com/insulin-pumps-market
Report Description
Report Description and Highlights
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Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients