Report Detail
Global Insulin Pumps (External) Market Report 2018-2029
- RnM3088431 |
- 22 August, 2023 |
- Global |
- 149 Pages |
- HJResearch |
- Other
Insulin pumps (external) are a type of medical device that is used for the treatment of diabetes. This device is designed to deliver insulin to the body on a continuous basis, eliminating the need for multiple daily injections. The device consists of a small pump that is worn externally and is connected to the patient's body through a catheter. The insulin pump delivers a steady flow of insulin throughout the day, mimicking the natural insulin production of a healthy pancreas.
The global market size for external insulin pumps in 2022 is expected to reach US$4.6 billion, with a compound annual growth rate of 16.2%. This growth is driven by several factors, including the increasing prevalence of diabetes, the rising demand for technologically advanced and user-friendly insulin pumps, and favorable reimbursement policies.
The use of external insulin pumps is beneficial for patients who require a more precise delivery of insulin, especially those with type 1 diabetes. The device offers greater flexibility, convenience, and improved blood glucose control compared to traditional insulin administration methods. The external insulin pumps market mainly caters to hospitals, clinics, and other healthcare facilities.
The industry is highly competitive, with several major global manufacturers vying for market share. The key players in this industry include biotech S.A. (Switzerland), F. Hoffmann-La Roche, Ltd. (Switzerland), Insulet Corp. (USA), Medtronic Plc. (Ireland), Sooil Development Co. Ltd. (Korea), Tandem Diabetes Care Inc. (USA), Valeritas Inc. (USA), and Ypsomed Holding AG (Switzerland).
The prospects for the external insulin pumps market are positive, with advancements in technology and increased demand driving innovation and product development. There has been a growing trend towards the development of smart insulin pumps, which offer advanced features such as connectivity, integration with mobile devices, and real-time monitoring of glucose levels. These devices not only offer greater convenience to patients but also enable healthcare providers to monitor patient health and make informed decisions.
In conclusion, external insulin pumps are a crucial aspect of modern diabetes care, providing patients with greater control over their insulin delivery while improving their overall quality of life. The global market is highly competitive, with established players and new entrants competing for market share. However, continued growth is expected due to demographic trends and increasing demand for advanced diabetic care solutions. The development of smart insulin pumps is expected to drive the growth of the market, as these devices gain popularity among patients and healthcare providers.
The SWOT analysis of the Insulin Pumps (External) industry is as follows:
Strengths:
Insulin pumps (external) provide a more precise and consistent delivery of insulin than manual injections, leading to better blood glucose control for diabetes patients.
The growing prevalence of diabetes is increasing the demand for insulin pumps, creating a strong and growing market.
Technological advancements are driving innovation and product development, leading to improved features and functionality.
Favorable reimbursement policies provide financial incentives for patients to use insulin pumps.
Weaknesses:
High cost of insulin pumps may limit accessibility for some patients and healthcare providers.
Limited awareness and education among patients and healthcare providers about the benefits and proper use of insulin pumps.
Insulin pumps require frequent maintenance and support, which can be burdensome for patients and healthcare providers.
Potential for technical malfunctions or errors can lead to dangerous health complications for patients.
Opportunities:
Development of smart insulin pumps with advanced features creates new opportunities for market growth.
Increasing focus on personalized medicine provides opportunities for tailored insulin pump solutions for individual patients.
Emerging markets provide new opportunities for market growth.
Partnerships with healthcare providers and organizations can help raise awareness and promote the benefits of insulin pumps.
Threats:
Competition from alternative diabetes treatment methods, such as oral medications or automated insulin delivery devices.
Regulatory requirements and compliance obligations can create barriers to entry and increase costs.
Economic downturns that impact healthcare investments can affect market demand and pricing.
Changes to reimbursement policies and regulations can negatively impact market growth.
Key players in global Insulin Pumps (External) market include:
biotech S.A. (Switzerland)
F. Hoffmann-La Roche, Ltd. (Switzerland)
Insulet Corp. (USA)
Medtronic Plc. (Ireland)
Sooil Development Co. Ltd. (Korea)
Tandem Diabetes Care Inc. (USA)
Valeritas Inc. (USA)
Ypsomed Holding AG (Switzerland)
Market segmentation, by product types:
Tethered pumps
Disposable/Patch pumps
Market segmentation, by applications:
Hospital
Clinic
Others
1 Industry Overview of Insulin Pumps (External)
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Insulin Pumps (External)
- 1.3 Market Segmentation by End Users of Insulin Pumps (External)
- 1.4 Market Dynamics Analysis of Insulin Pumps (External)
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Insulin Pumps (External) Industry
- 2.1 biotech S.A. (Switzerland)
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 F. Hoffmann-La Roche, Ltd. (Switzerland)
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Insulet Corp. (USA)
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Medtronic Plc. (Ireland)
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Sooil Development Co. Ltd. (Korea)
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Tandem Diabetes Care Inc. (USA)
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Valeritas Inc. (USA)
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Ypsomed Holding AG (Switzerland)
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Insulin Pumps (External) Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
3 Global Insulin Pumps (External) Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Insulin Pumps (External) by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Insulin Pumps (External) by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Insulin Pumps (External) by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Insulin Pumps (External) by End Users (2018-2023)
- 3.5 Selling Price Analysis of Insulin Pumps (External) by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Insulin Pumps (External) Market Analysis by Countries, Types and End Users
- 4.1 Northern America Insulin Pumps (External) Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Insulin Pumps (External) Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Insulin Pumps (External) Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Insulin Pumps (External) Market Analysis by Countries, Types and End Users
- 5.1 Europe Insulin Pumps (External) Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Insulin Pumps (External) Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Insulin Pumps (External) Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Insulin Pumps (External) Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Insulin Pumps (External) Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Insulin Pumps (External) Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Insulin Pumps (External) Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Insulin Pumps (External) Market Analysis by Countries, Types and End Users
- 7.1 Latin America Insulin Pumps (External) Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Insulin Pumps (External) Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Insulin Pumps (External) Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Insulin Pumps (External) Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Insulin Pumps (External) Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Insulin Pumps (External) Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Insulin Pumps (External) Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Insulin Pumps (External) Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Insulin Pumps (External) Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Insulin Pumps (External) by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Insulin Pumps (External) by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Insulin Pumps (External) by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Insulin Pumps (External) by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Insulin Pumps (External)
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Insulin Pumps (External)
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Insulin Pumps (External)
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Insulin Pumps (External)
- 11.2 Downstream Major Consumers Analysis of Insulin Pumps (External)
- 11.3 Major Suppliers of Insulin Pumps (External) with Contact Information
- 11.4 Supply Chain Relationship Analysis of Insulin Pumps (External)
12 Insulin Pumps (External) New Project Investment Feasibility Analysis
- 12.1 Insulin Pumps (External) New Project SWOT Analysis
- 12.2 Insulin Pumps (External) New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Insulin Pumps (External) Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Insulin Pumps (External). Industry analysis & Market Report on Insulin Pumps (External) is a syndicated market report, published as Global Insulin Pumps (External) Market Report 2018-2029. It is complete Research Study and Industry Analysis of Insulin Pumps (External) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
