Insulin Infusion Pumps Market: 3-Key Growth Scenarios

Insulin Infusion Pumps Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Insulin Infusion Pumps Market Study" explored substantial growth in North America and CAGR of 7.58%. According to the report, Growing Awareness about Different Insulin Delivering Devices is one of the primary growth factors for the market. The increasing prevalence of diabetes is the major driver attributing to the growth of the insulin infusion pumps market. For instance, according to the International Diabetes Federation (IDF), over 463 million adults in the age group of 20-79 years were living with diabetes in 2019 among which 79% of the patients belong to from low- and middle-income countries. Moreover, this figure is expected to reach 700 million by 2045 which is expected to drive the product demand over the forecasted period. is also expected to contribute significantly to the Insulin Infusion Pumps market. Overall, applications of Insulin Infusion Pumps, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Component , such as Insulin Pump Devices, is boosting the Insulin Infusion Pumps market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospital, is boosting the Insulin Infusion Pumps market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Insulin Infusion Pumps market identified that the demand is rising in many different parts of the world as "Emphasizing On Development of Efficient Insulin Infusion Pumps ". Furthermore, some recent industry insights like "October 2019, Novo Nordisk the pharmaceutical company announced that the U.S. Food and Drug Administration (FDA) has expanded the label for insulin aspart injection, Fiasp 100 u/mL to include use in insulin infusion pumps for the enhancement of glycemic control in adults suffering from type 1 or 2 diabetes." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Insulin Infusion Pumps market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Insulin Infusion Pumps market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager