
Insulin Pump Market Size, Share, and Analysis, By Pump Type (Tethered Pump and Patch Pump), By Accessories (Insulin Set Insertion Devices, Insulin Reservoir, and Battery), By Indication (Type 1 Diabetes and Type 2 Diabetes), By End User (Hospitals, Clinic
Description
Insulin Pump Market Size, Share, and Analysis, By Pump Type (Tethered Pump and Patch Pump), By Accessories (Insulin Set Insertion Devices, Insulin Reservoir, and Battery), By Indication (Type 1 Diabetes and Type 2 Diabetes), By End User (Hospitals, Clinics, Homecare, and Laboratories), By Region (North America, Europe, Asia-Pacific, And Rest of the World), And Regional Forecast 2024-2034
Insulin Pump Market Size, Share, and Analysis, By Pump Type (Tethered Pump and Patch Pump), By Accessories (Insulin Set Insertion Devices, Insulin Reservoir, and Battery), By Indication (Type 1 Diabetes and Type 2 Diabetes), By End User (Hospitals, Clinics, Homecare, and Laboratories), By Region (North America, Europe, Asia-Pacific, And Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Insulin Pump Market is anticipated to grow at a CAGR of 12.8% in the forecast period (2024-2034), with the market size valued at USD 5.4 billion in 2023 and projected to reach USD 20.1 billion by 2034.
Insulin pumps are tiny electronic devices that continuously deliver insulin throughout the day to treat diabetes. These pumps are approximately the size of a small cellphone and are worn externally, often connected to the body by a thin tube or a patch with a cannula implanted beneath the skin. These pumps perform the function of a healthy pancreas by delivering a steady stream of insulin, which aid in the regulation of blood sugar. In addition, users can customize the pump to dispense specific insulin amounts based on factors such as meals, activity levels, and blood glucose readings. This personalized approach provide greater flexibility and precision compared to traditional insulin injections. Therefore, by reducing the need for frequent injections and providing better control over blood sugar levels, insulin pumps can significantly improve diabetes management and improve health and quality of life for individuals with diabetes.
MARKET HIGHLIGHTS
Insulin Pump Market is anticipated to reach USD 20.1 billion, growing at a CAGR of 12.8% during the forecast period, owing to rising demand for precise and convenient diabetes management solutions which can provide benefits such as constant insulin delivery and better quality of life for individuals with diabetes. Insulin pumps are often available as tethered pumps and patch pumps, which are effectively used for treating individuals suffering from Type 1 or Type 2 diabetes. Moreover, insulin pumps are offered in various configurations like insulin set insertion devices, insulin reservoirs, and battery forms, where each comes with diverse price points and diverse quality levels ranging from premium to economical options. Furthermore, these pumps find practical application across different settings such as hospitals, clinics, homecare, and laboratories. They are easily available for purchase from physical medical stores or through online portals and provide convenient access to users.
Insulin Pump Market Segments:
- By Pump Type
- Tethered Pump
- Patch Pump
- By Accessories
- Insulin Set Insertion Devices
- Insulin Reservoir
- Battery
- By Indicatio
- Type 1 Diabetes
- Type 2 Diabetes
- By End User
- Hospitals
- Clinics
- Homecare
- Laboratories
Growth Drivers
Growing Diabetes Prevalence Will Accelerate Market Expansion
Insulin Pumps are Becoming Engaging Due to Technological Advancements
Restraint
Higher Entry Prices Indicate a Significant Obstacle to Market Development
Key Players
- Medtronic
- Tandem Diabetes Care
- Insulet Corporation
- Roche Diabetes Care
- Ypsomed
- Soocare
- Abbott Diabetes Care
- Johnson & Johnson
- Doctortouch Medical Technology
- Jiangsu Delfu Co., Ltd.
- Nipro Medical Corporation
- Smiths Medical
- Contec Medical Systems
- MyLife Diabetes Care
- Becton, Dickinson and Company
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
416 Pages
- 1.Executive Summary
- 1.1. Regional Market Share
- 1.2.Business Trends
- 1.3. Global Wind Turbine Foundation Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1.Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4.Primary Research
- 2.5.Secondary Research
- 2.5.1.Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1.Market Definition
- 3.2.Global Wind Turbine Foundation Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4.Key Developments
- 3.5.Allied Industry Data
- 4.Global Wind Turbine Foundation Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2.COVID-19 overview on world economy
- 4.3.Industry ecosystem Channel analysis
- 4.4.Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1.Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4.Market Restraints
- 7.5. Market Trends
- 8.Risk Analysis
- 9. Market Analysis
- 9.1.Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1.Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10.Global Wind Turbine Foundation Market
- 10.1.Overview
- 10.2. Historical Analysis (2018-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Global Wind Turbine Foundation Market Size & Forecast 2024A-2034F
- 11.1. Overview
- 11.2.Key Findings
- 11.3.Market Segmentation
- 11.3.1.By Type
- 11.3.1.1. Mono-Pile
- 11.3.1.1.1.By Value (USD Million) 2024A-2034F
- 11.3.1.1.2. Market Share (%) 2024A-2034F
- 11.3.1.1.3. Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.2.Jacket-Pile
- 11.3.1.2.1. By Value (USD Million) 2024A-2034F
- 11.3.1.2.2.Market Share (%) 2024A-2034F
- 11.3.1.2.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.3.Gravity
- 11.3.1.3.1. By Value (USD Million) 2024A-2034F
- 11.3.1.3.2.Market Share (%) 2024A-2034F
- 11.3.1.3.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.4.Tripod
- 11.3.1.4.1. By Value (USD Million) 2024A-2034F
- 11.3.1.4.2.Market Share (%) 2024A-2034F
- 11.3.1.4.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.5.Suction
- 11.3.1.5.1. By Value (USD Million) 2024A-2034F
- 11.3.1.5.2.Market Share (%) 2024A-2034F
- 11.3.1.5.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.6.Well Foundation
- 11.3.1.6.1. By Value (USD Million) 2024A-2034F
- 11.3.1.6.2.Market Share (%) 2024A-2034F
- 11.3.1.6.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.7.Rock & Anchor
- 11.3.1.7.1. By Value (USD Million) 2024A-2034F
- 11.3.1.7.2.Market Share (%) 2024A-2034F
- 11.3.1.7.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.8.Others
- 11.3.1.8.1. By Value (USD Million) 2024A-2034F
- 11.3.1.8.2.Market Share (%) 2024A-2034F
- 11.3.1.8.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.2. By Application
- 11.3.2.1.Onshore
- 11.3.2.1.1. By Value (USD Million) 2024A-2034F
- 11.3.2.1.2.Market Share (%) 2024A-2034F
- 11.3.2.1.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.2.2. Offshore
- 11.3.2.2.1.By Value (USD Million) 2024A-2034F
- 11.3.2.2.2. Market Share (%) 2024A-2034F
- 11.3.2.2.3. Y-o-Y Growth (%) 2024A-2034F
- 12.North America Wind Turbine Foundation Market Size & Forecast 2024A-2034F
- 12.1.Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1.By Type
- 12.3.2. By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13.Europe Wind Turbine Foundation Market Size & Forecast 2024A-2034F
- 13.1.Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1.By Type
- 13.3.2. By Application
- 13.4.Country
- 13.4.1.Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14.Asia-Pacific Wind Turbine Foundation Market Size & Forecast 2024A-2034F
- 14.1. Overview
- 14.2. Key Findings
- 14.3.Market Segmentation
- 14.3.1.By Type
- 14.3.2. By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4.Japan
- 14.4.5.Rest of APAC
- 15.Middle East and Africa Wind Turbine Foundation Market Size & Forecast 2024A-2034F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1.By Type
- 15.3.2. By Application
- 15.4.Country
- 15.4.1.Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4.South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Wind Turbine Foundation Market Size & Forecast 2024A-2034F
- 16.1.Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1.By Type
- 16.3.2. By Application
- 16.4. Country
- 16.4.1.Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1.Company market share, 2023
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1. Ørsted
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2.Key Clients
- 18.1.4.3.Market Share
- 18.1.4.4.Recent News & Development (Last 3 Yrs.)
- 18.2. Vestas Wind Systems
- 18.3. Siemens Gamesa Renewable Energy
- 18.4. GE Renewable Energy
- 18.5. Enel Green Power
- 18.6. E.ON
- 18.7. NextEra Energy Resources
- 18.8. Iberdrola Renewables
- 18.9. Acciona Energía
- 18.10. Suzlon Energy
- 18.11.Nordex Group
- 18.12. Goldwind
- 18.13. Siemens Energy
- 18.14. Senvion
- 18.15. China Ming Yang Wind Power Group Limited
- 18.16. Other Prominent Players
- 19. Appendix
- 20.Consultant Recommendation
Pricing
Currency Rates
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