Insulin Pumps Market Size, Share & Trends Analysis | Global (United States and Europe) | 2019-2025 | MedCore | Segmented by: Patch Insulin Pump, Insulin Pad, and 6 more
- Year: 2019
- Scope: 2015-2025
- Region: Europe, United States
- Pages: 140
- Published Date: 06/02/2019
- Type: MedCore
The U.S. and European insulin pump markets include durable pumps and patch pumps, which are further segmented to account for hardware and disposable components. Within both the U.S. and the European insulin pump markets, the largest segment was the durable pump market, which accounted for the majority of the total market value. Durable pumps account for such a large portion of the market because they are significantly more established than patch pumps.
Over the forecast period, the value for both the U.S. and the European insulin pump markets is expected to increase over the forecast period. The U.S. market is expected to reach approximately $2 billion and the European market is expected to reach approximately €1 billion by 2025.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Market Drivers & Limiters
- Market Forecasts Until 2025, and Historical Data to 2015
- Company Profiles and Product Portfolios
- Leading Competitors
U.S. INSULIN PUMP MARKET INSIGHTS
Durable pumps account for such a large portion of the market because they are significantly more established than patch pumps and simple pumps, which were launched in the U.S. in 2005 and 2012, respectively. It is expected that durable pumps will maintain their dominance over the forecast period, despite the growing market share of patch pumps and simple pumps. Although Medtronic and Tandem hold a duopoly in the U.S. market as of 2018, SOOIL and other competitors are expected to enter the market over the forecast period.
EUROPE’S INSULIN PUMP MARKET INSIGHTS
Durable pumps account for such a large portion of the market because they are significantly more established than patch pumps, which were only launched in Europe in the last decade. It is expected that traditional pumps will maintain their dominance over the forecast period, despite the growing market share of patch pumps. The patch pump market accounted for the remainder of the total market value. Insulet continues to benefit from its monopolistic position in the market.
U.S. AND EUROPEAN INSULIN PUMP MARKET SHARE INSIGHTS
Medtronic, Roche, and Insulet controlled the European insulin pump market, and Medtronic, Insulet, and Tandem controlled the U.S. insulin pump market.
The leading competitor in both the U.S. and European insulin pump markets was Medtronic, which held the vast majority of the total market share. The company held the dominant leading position in the durable insulin pump market, primarily attributed to an established and very large installed base.
REPORT REGIONAL COVERAGE
Throughout this research series, iData has covered several countries in great detail. The covered countries are:
- North America (United States)
- Europe (Germany, France, United Kingdom, Italy, Spain, Benelux (Belgium, Netherlands, and Luxembourg), Scandinavia (Denmark, Finland, Norway, and Sweden), Austria, Switzerland, and Portugal)
TABLE OF CONTENTSLIST OF FIGURES IVLIST OF CHARTS VIEXECUTIVE SUMMARY 1U.S. DIABETES MONITORING, TREATMENT AND DRUG DELIVERY MARKET OVERVIEW 1COMPETITIVE ANALYSIS 4MARKET TRENDS 7MARKET DEVELOPMENTS 9
PROCEDURE NUMBERSPROCEDURE CODES INVESTIGATED 10MARKETS INCLUDED 11KEY REPORT UPDATES 13VERSION HISTORY 13
RESEARCH METHODOLOGY1.1 RESEARCH SCOPE 141.2 IDATA'S 9-STEP METHODOLOGY 14Step 1: Project Initiation & Team Selection 14Step 2: Prepare Data Systems and Perform Secondary Research 16Step 3: Preparation for Interviews & Questionnaire Design 17Step 4: Performing Primary Research 18Step 5: Research Analysis: Establishing Baseline Estimates 20Step 6: Market Forecast and Analysis 21Step 7: Identify Strategic Opportunities 23Step 8: Final Review and Market Release 24Step 9: Customer Feedback and Market Monitoring 25
DISEASE OVERVIEW 262.1 INTRODUCTION 262.1.1 Types of Diabetes 262.1.2 Diabetes Complications 282.1.3 Risk Factors Associated with Type 1 and Type 2 Diabetes 302.1.4 Signs and Symptoms 312.1.5 Diabetes Monitoring 332.1.6 Treatment 352.1.7 Drug Delivery Systems 36
INSULIN PUMP MARKET3.1 INTRODUCTION 383.1.1 Traditional Insulin Pumps 383.1.2 Patch Insulin Pumps 383.1.3 Simple Insulin Pumps 393.2 MARKET OVERVIEW 403.3 MARKET ANALYSIS AND FORECAST 443.3.1 Total Traditional Insulin Pump Market 4220.127.116.11 Traditional Pump Market 418.104.22.168 Infusion Set Market 503.3.1.3 Pump Reservoir Market 523.3.2 Total Patch Insulin Pump Market 522.214.171.124 Patch Pump System Market 5126.96.36.199 Insulin Pod Market 603.3.3 Simple Insulin Pump Market 623.4 DRIVERS AND LIMITERS 653.4.1 Market Drivers 653.4.2 Market Limiters 673.5 COMPETITIVE MARKET SHARE ANALYSIS 69ABBREVIATIONS 73
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