Portland, OR, Sept. 22, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global Implantable Insulin Pump Market was pegged at $2.67 billion in 2020, and is estimated to reach $6.44 billion by 2030, growing at a CAGR of 9.1% from 2021 to 2030.
For Right Perspective and Competitive Insights, Get Sample Report at: https://www.alliedmarketresearch.com/request-sample/3419
Rise in prevalence of diabetes across the globe, surge in government expenditure on healthcare, and sedentary and unhealthy lifestyle drive the global implantable insulin pump market. However, stringent government regulations hinder the market growth. On the contrary, high market growth potential in emerging markets would open new opportunities for the market players in the future.
Covid-19 scenario:
- The Covid-19 pandemic disrupted the majority of the industries across the globe, especially the healthcare industry. Due to the pandemic, the demand for implantable insulin pumps increased as they are vital in diabetes care.
- It is witnessed that the complications caused due to Covid-19 virus such as pneumonia, ketoacidosis, dehydration, and high blood sugar increased the demand for better methods to treat such chronic symptoms. This favored the growth of the market.
The report segments the global implantable insulin pump market on the basis of type, disease, end user, and region.
Based on type, the open-loop insulin pump segment held the lion’s share in 2020, accounting for nearly 88% of the market. Moreover, the segment is projected to manifest the highest CAGR of 9.3% from 2021 to 2030. The report analyzes the closed-loop insulin pump segment.
Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/3419
On the basis of end user, the hospitals segment held the largest share in 2020, contributing to nearly two-thirds of the market. However, the home care segment is projected to register the highest CAGR of 9.6% during the forecast period.
The global implantable insulin pump market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America dominated in 2020 in terms of revenue, accounting for nearly two-fifths of the market. However, the market across Asia-Pacific is expected to portray the highest CAGR of 11.5% during the forecast period.
The global implantable insulin pump market report includes an in-depth analysis of the prime market players such as CVS Health (Aetna Inc.), Apex Medical, Diamesco Co., Ltd, Diabeloop, Insulet Corporation, F. Hoffmann La Roche Ltd, Medtronic Plc, Johnson & Johnson, SOOIL Developments Co. Ltd, and Tandem Diabetes Care.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Request for 14 days free trial: https://www.alliedmarketresearch.com/avenue/trial/starter
“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
Trending Reports in Healthcare Industry (Book Now with 10% Discount):
Enteric Softgel Capsules Market - Global Opportunity Analysis and Industry Forecast, 2020–2028
Lateral Flow Assays Market - Global Opportunity Analysis and Industry Forecast, 2019-2028
Laboratory Automation Market - Global Opportunity Analysis and Industry Forecast, 2019-2028
Bioreactors Market - Global Opportunity Analysis and Industry Forecast, 2019–2028
Track and Trace Solutions Market - Global Opportunity Analysis and Industry Forecast, 2019–2028
Digital Therapeutics Market - Global Opportunity Analysis and Industry Forecast, 2019–2028
Near Infrared Imaging Market - Global Opportunity Analysis and Industry Forecast, 2019–2028
X-Ray Detector Market - Global Opportunity Analysis and Industry Forecast, 2019–2028
Dermatology Diagnostic Devices Market - Global Opportunity Analysis and Industry Forecast, 2019–2028
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Web: https://www.alliedmarketresearch.com/reports-store/life-sciences
Follow Us on LinkedIn: https://www.linkedin.com/showcase/life-sciences-industry-research/
