Tubeless Insulin Pump Market Analysis s

irfan
irfan 6/27/2022 4:13:56 AM

Tubeless Insulin Pump Market Analysis & Forecast
to 2030 by Key Players, Share, Trend, Segmentation 


The tubeless insulin pump market is anticipated to register lucrative revenue growth, driven by increasing prevalence of diabetes and technological advancement in the healthcare domain.

Diabetes is one of the leading causes of death and is a major factor in cardiovascular diseases like heart attack, and stroke, along with kidney disease, blindness, and lower limb amputation. According to the World Health Organization (WHO), diabetes was the ninth leading cause of death with approximately 1.5 million fatalities in 2019.

Considering the growing prevalence of diabetes across the world, the demand for insulin and insulin administration devices is expected to witness a significant push, consolidating the tubeless insulin pump market growth.

Listed below are the top 3 global trends boosting tubeless insulin pump demand:

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contents, please click the link below: https://www.gminsights.com/request-sample/detail/2032

#1 Adoption of novel user-friendly devices in homecare settings

An increase in elderly population that mainly suffers from diabetes is driving the need for user-friendly and advanced technology insulin pumps that can be used in homecare settings. Insulin pump manufacturers are increasingly focusing on the development of novel tools to address the growing demand for homecare equipment to treat diabetes.

In January 2022, Insulet Corporation, a leading expert in tubeless insulin pump technology, received clearance from the U.S. Food and Drug Administration (FDA) for its latest Omnipod 5 Automated Insulin Delivery technology. The new tubeless Omnipod 5 is the first automated insulin delivery (AID) tool for diabetic patients that uses Dexcom G6 Continuous Glucose Monitoring (CGM) System in combination with a compatible smartphone device to automatically adjust insulin and brace for extreme highs and lows.

#2 Increasing incidences of child diabetes in the U.S.

Prevalence of lifestyle-related health issues among younger generation is a growing concern in the US. Unhealthy dietary habits have contributed to a significant rise in the number of diabetes and obesity cases in children, which is expected to propel the demand for insulin pumps.

Health agencies like the Centers for Disease Control and Prevention (CDC) are offering comprehensive information on child diabetes management at school level, encouraging more people to be aware and prevent complications associated with the disease.

While the American Medical Association-led JAMA Pediatrics has highlighted that the rate of diabetes among children aged between 12 to 19 years old is on the rise and has escalated to 28%. Owing to surging concerns associated with the disease, and strengthening healthcare infrastructure, the tubeless insulin pump market in the U.S. is expected to witness optimum business growth.

Browse key industry insights spread across 100 pages with 51 market data tables & 10 figures & charts from the report, Tubeless Insulin Pump Market Size By End-use (Homecare, Hospitals & Clinics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, Japan, South Korea, Australia, RoW), Application Potential, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/tubeless-insulin-pump-market

# Advanced product launches in Japan

Japan has a promising number of insulin patch pump manufacturers spearheading technological advancements, introduction of smart product offerings, and strategic partnerships and acquisitions. The country has a massive patient pool suffering from diabetes, with 6.6% of adult population between 20 and 79 years of age affected with diabetes in 2020.

In November 2021, Terumo Corporation, a Japanese medical device company, announced a strategic partnership with a European entity aimed at mutually developing a novel technology for its MEDISAFE WITH insulin pump patch to be controlled with a smartphone-like device.

In essence, consistently growing prevalence of diabetes worldwide, increasing efforts of health agencies and organizations to spread awareness regarding the disease and its treatment, development of novel innovative products integrated with advanced technology and international collaborations will showcase a positive market outlook for tubeless insulin pump.

Partial Table of Contents (ToC) of the report:

Chapter 1   Methodology

1.1    Market definition

1.2    Base estimates & working

1.3    Forecast parameters

1.4    Data validation

1.5    Data sources

1.5.1    Secondary

1.5.1.1   Paid sources

1.5.1.2   Unpaid sources

1.5.2    Primary

Chapter 2   Executive Summary

2.1    Tubeless insulin pump industry 3600 synopsis, 2017 - 2030

2.1.1    Business trends

2.1.2    End-use trends

2.1.3    Regional trends

Browse complete table of content of this report@  https://www.gminsights.com/toc/detail/tubeless-insulin-pump-market

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