Global Insulin Infusion Pumps Market Growth 2023-2029
Insulin Infusion Pumps is an insulin-delivering device that's used by some people with diabetes. It's a small battery-operated device, and is connected to a narrow plastic tube that's inserted just under the skin and taped in place. People who use the pump program it to deliver insulin continuously throughout the day and to release extra doses of insulin to handle the rises in blood sugar.
LPI (LP Information)' newest research report, the “Insulin Infusion Pumps Industry Forecast” looks at past sales and reviews total world Insulin Infusion Pumps sales in 2022, providing a comprehensive analysis by region and market sector of projected Insulin Infusion Pumps sales for 2023 through 2029. With Insulin Infusion Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Insulin Infusion Pumps industry.
This Insight Report provides a comprehensive analysis of the global Insulin Infusion Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Insulin Infusion Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Insulin Infusion Pumps market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Insulin Infusion Pumps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Insulin Infusion Pumps.
The global Insulin Infusion Pumps market size is projected to grow from US$ 824 million in 2022 to US$ 660.4 million in 2029; it is expected to grow at a CAGR of 660.4 from 2023 to 2029.
Global Insulin Infusion Pumps key players include Medtronic MiniMed, SOOIL Development , Johnson and Johnson, Roche, Shinmyung Mediyes, etc. Global top five players hold a share about 85%.
North America is the largest market, with a share about 55%, followed by Asia-Pacific and Europe, having a total share about 40 percent.
In terms of product, Open-Loop is the largest segment, with a share about 95%. And in terms of application, the largest application is Individuals, followed by Hospitals.
This report presents a comprehensive overview, market shares, and growth opportunities of Insulin Infusion Pumps market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Closed-Loop
Open-Loop
Segmentation by application
Hospitals
Individuals
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Medtronic MiniMed
SOOIL Development Co., Ltd.
Johnson and Johnson
Roche
Shinmyung Mediyes
Fornia
Microport
Weigao
Phray
Key Questions Addressed in this Report
What is the 10-year outlook for the global Insulin Infusion Pumps market?
What factors are driving Insulin Infusion Pumps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Insulin Infusion Pumps market opportunities vary by end market size?
How does Insulin Infusion Pumps break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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