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Global Insulin Pumps Market 2016-2020

About the Insulin Pumps Market

Diabetes is a common metabolic disease in which an individual's blood sugar level is high for a prolonged period. This is caused either because the pancreas stops secreting insulin or the body does not respond appropriately to insulin. The two types of diabetes include type 1 and type 2. In type 1 diabetes, the body does not produce sufficient insulin, and it is usually diagnosed in children and young adults. The most common type of diseases is type 2. In this type, the body is incapable of utilizing insulin. Insulin pump therapy is the most preferred alternative delivery method of administrating insulin instead of insulin pens and needles. It is able to reduce the rate of recurrence of severe hypoglycemia and is capable of improving the quality of life for insulin pump users. An insulin pump is a small-sized high-tech electronic device that can be connected to the body via an infusion set to deliver small doses of rapid-acting insulin to meet the basal needs. This device offers flexibility to people with type 1 diabetes.

Technavio’s analysts forecast the global insulin pumps market to grow at a CAGR of 8.05% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global insulin pumps market for 2016-2020. To calculate the market size, we consider revenue generated from the sale of insulin pumps.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Insulin Pumps Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Animas
  • Insulet
  • Medtronic
  • Roche Diagnostics
Other prominent vendors
  • Bayer
  • GlySens
  • IA Collaborative
  • MicroPort
  • Senseonics
  • Tandem
  • Valeritas
Market driver
  • Focus on diabetes management
  • For a full, detailed list, view our report
Market challenge
  • Inadequate reimbursements
  • For a full, detailed list, view our report
Market trend
  • Adoption of insulin pumps over conventional methods
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Insulin Pumps Market 2016-2020

Technavio recognizes the following companies as the key players in the global insulin pumps market: Animas, Insulet, Medtronic, and Roche Diagnostics.

Other Prominent Vendors in the market are: Bayer, GlySens, IA Collaborative, MicroPort, Senseonics, Tandem, and Valeritas.

Commenting on the report, an analyst from Technavio’s team said: “A trend propelling market growth is the adoption of insulin pumps over conventional methods. Electronic insulin pumps are most commonly preferred over traditional treatment due to their effectiveness, safety, and better glucose results. Companies are developing new generation insulin pumps with advanced features that have allowed better compliance and integration of devices with IT. This has allowed people with diabetes to maintain their blood glucose levels and achieve a better lifestyle.”

According to the report, a key growth driver is the focus on diabetes management. Insulin pumps help people in diabetes management without physician support. With positive results of insulin pumps, there has been an increase in the awareness regarding insulin pumps among patients and physicians. Vendor-sponsored awareness programs facilitate cost free checking of blood glucose levels. This helps vendors to attract new customers. Further, companies like Roche Diagnostics are developing products that are designed to implement glucose monitoring technologies in disease management.

Further, the report states that one challenge that could hamper market growth is inadequate reimbursements by insurance carriers. Although reimbursements are being provided, they are inadequate owing to lack of adequate evidence on the accuracy of insulin pumps; some clinical studies have raised questions about the accuracy of these devices.



Companies Mentioned

Animas, Insulet, Medtronic, Roche Diagnostics, Bayer, GlySens, IA Collaborative, MicroPort, Senseonics, Tandem, Valeritas.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Insulin pumps: An overview
    • Background
    • Complications of diabetes
    • Incidence and prevalence
      • Table IDF estimate of diabetes population by region 2015
    • Insulin pump therapy
  • Cost analysis
    • Table Cost breakdown of insulin pump therapy 2014
    • Table Cost breakdown of MDI 2014
    • Table Cost analysis of insulin pump consumables 2014
    • Table Cost analysis of MDI consumables for fast acting vial 2014
    • Table Cost analysis of MDI consumables for basal/long-acting insulin 2014
    • Table Cost comparison of MDI 2014
    • Table Average cost of cartridges offered by some of leading vendors 2014
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global insulin pumps market 2015-2020 ($ billions)
  • Five forces analysis
    • Table Five forces analysis
  • Leading country: Insulin pumps market in the US
    • Market size and forecast
      • Table Insulin pumps market in the US 2015-2020 ($ millions)
  • Market segmentation by product type
  • Geographical segmentation
    • Table Global insulin pumps market by geography 2015
    • Insulin pumps market in Americas
      • Table Insulin pumps market in Americas 2015-2020 ($ millions)
    • Insulin pumps market in EMEA
      • Table Insulin pumps market in EMEA 2015-2020 ($ millions)
    • Insulin pumps market in APAC
      • Table Insulin pumps market in APAC 2015-2020 ($ millions)
      • Table Global insulin pumps market by geography 2015-2020 ($ millions)
      • Table Global insulin pumps market by geography 2015-2020
  • Market drivers
    • Increased prevalence of diabetes
    • Increase in older adult population
      • Table Estimated percentage of older adult population 2012 and 2050
    • Focus on diabetes management
    • Rise in public awareness
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost
    • Availability of alternatives
    • Inadequate reimbursements
    • Intense competition among vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advances in insulin pumps
    • Adoption of insulin pumps over conventional methods
  • Vendor landscape
    • Competitive scenario
    • Market share analysis 2015
      • Table Vendor ranking of global insulin pumps market 2015
      • Table Global insulin pumps market share analysis 2015
      • Table Product matrix
  • Key vendor profiles
    • Animas
      • Table Animas: Key takeaways
    • Insulet
      • Table Insulet: Key takeaways
    • Medtronic
      • Table Diabetes group by revenue 2013-2015 ($ billions)
      • Table Medtronic: Key takeaways
    • Roche Diagnostics
      • Table Diabetic care 2013-2015 ($ billions)
      • Table Roche Diagnostics: Key takeaways
    • Other prominent vendors
  • Appendix
    • List of abbreviation
  • Explore Technavio

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