Global Insulin Pump Market Growth 2023-2029

Global Insulin Pump Market Growth 2023-2029

An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin infusion therapy. The device configuration may vary depending on design. A traditional pump includes: the pump (including controls, processing module, and batteries); a disposable reservoir for insulin (inside the pump) a disposable infusion set, including a cannula for subcutaneous insertion (under the skin) and a tubing system to interface the insulin reservoir to the cannula. Other configurations are possible. For instance, more recent models may include disposable or semi-disposable designs for the pumping mechanism and may eliminate tubing from the infusion set.

An insulin pump is an alternative to multiple daily injections of insulin by insulin syringes or an insulin pen and allows for intensive insulin therapy when used in conjunction with blood glucose monitoring and carb counting.

LPI (LP Information)' newest research report, the “Insulin Pump Industry Forecast” looks at past sales and reviews total world Insulin Pump sales in 2022, providing a comprehensive analysis by region and market sector of projected Insulin Pump sales for 2023 through 2029. With Insulin Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Insulin Pump industry.

This Insight Report provides a comprehensive analysis of the global Insulin Pump 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 Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Insulin Pump market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Insulin Pump 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 Pump.

The global Insulin Pump market size is projected to grow from US$ 1947.8 million in 2022 to US$ 2482.7 million in 2029; it is expected to grow at a CAGR of 2482.7 from 2023 to 2029.

North America is the largest consumption place, with a consumption market share nearly 44% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 24%.

This report presents a comprehensive overview, market shares, and growth opportunities of Insulin Pump market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Normal Pump

Patch Pump

Segmentation by application

Type I Diabetes

Type II Diabetes

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

Roche

Johnson & Johnson

Insulet Corp

Tandem Diabetes care

Valeritas

SOOIL

Microport

Key Questions Addressed in this Report

What is the 10-year outlook for the global Insulin Pump market?

What factors are driving Insulin Pump market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Insulin Pump market opportunities vary by end market size?

How does Insulin Pump 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.