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Tubeless Insulin Pump Market
Tubeless Insulin Pump Market is estimated to surpass $ 478 Million marks in 2019 and reach USD 1,675.4 Million by 2024, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period 2016-2024 globally. Escalating prevalence of diabetes and obesity, growing geriatric population and technological advances in tubeless insulin delivery should drive the market size. According to WHO, diabetes will be the among the leading causes of death by 2030. These factors will prominently intensify the global usage of tubeless insulin pump over the forecast period.
Lifestyle changes shall continue to impact obesity prevalence in western as well as non-western population. Cultural switch from native diets to high fatty diet should increase the propensity to get affected by diabetes and obesity surging up demand for the tubeless insulin pump.Tubeless Insulin Pump MarketTubeless Insulin Pump Market1 Technological advances in the field of glucose monitoring devices and tubeless insulin pump should stimulate business growth over the forecast years. A tubeless insulin pump is convenient, portable and effective in achieving better blood glucose level control, eliminating the need for daily insulin injection doses. Devices such as Omni pod is a novel tubeless insulin pump which displays blood glucose levels, schedules insulin delivery and calculates optimal insulin dosage based on the food database. Increased adoption of non-invasive transdermal insulin delivery systems has improved patient compliance for diabetes treatment. Use of microneedles and micro-emulsions improves permeation of insulin through the transdermal route. Other effective routes of insulin administration such as oral, buccal, nasal is explored as alternative non-invasive modes of delivery.Tubeless Insulin Pump Market2 The Pod/patch market accounted for the largest market share in 2017 and is forecast to witness considerable growth over the forecast years. Improvement in pod’s size and functions will drive tubeless insulin pump demand over the coming years. The need to regularly change a remote is spurring demand for these devices. Incremental innovation to design remote which can control pump functions from the distant location will accelerate its usage over the coming years.
North America Tubeless Insulin Pump Market accounted for the highest revenue in 2017 and is projected to grow at a significant rate during the forecast period. U.S. Tubeless Insulin Pump Market accounted for a largest regional share in 2016. Diabetes prevalence is escalating due to the increasing aging population, rapid urbanization and increasing cases of obesity due to lack of physical inactivity. The anticipated rising demand for tubeless insulin pump should strongly drive regional business growth.
Maximize Market Research has comprehensively analyzed Tubeless Insulin Pump Market emphasizing on each segment keeping global and regional dynamics in perspective. The driving forces, as well as considerable restraints, have been explained in depth to attain a balanced scenario. The report classifies Tubeless Insulin Pump Market into various segments such as Component, Distribution Channel, and Regions providing the thorough understanding of the Tubeless Insulin Pump Ecosystem. Importantly, the report delivers forecasts of the market, giving an insight into the future opportunities that exist in the Tubeless Insulin Pump Market.
The scope of the Tubeless Insulin Pump Market Report:
Tubeless Insulin Pump Market By Component:
Pod/Patch, Remote, Others
Tubeless Insulin Pump Market By Distribution Channel:
Hospitals, Pharmacies, e-Commerce, Others
Tubeless Insulin Pump Market By Geography:
North America, Europe, Asia Pacific, Middle East & Africa and Latin America
Tubeless Insulin Pump Market - Key Players:
Johnson & Johnson
Spring Health Solutions
Abbott Diabetes Care
Tandem Diabetes Care
Success Stories: Key Industry Players:
Spring Health Solutions
For More Information Visit:https://www.maximizemarketresearch.com/market-report/global-acetone-market/24979/
This Report Is Submitted By @Global Market Research Company
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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