Insulin Patch Pumps Market, By Delivery Mode (Basal, Bolus, and Basal and Bolus), Type (Disposable, and Reusable) and Distribution Channel, and By Geography (NA, EU, APAC, LATAM and MEA) Analysis, Share, Trends, Size, & Forecast From 2020 2026
- Published Date: 2020-10-13
- Report ID: 1803
- Pages: 190
-
Format:
REPORT HIGHLIGHT
Insulin patch pumps market was valued at USD 780.2 million by 2019, growing with 9.5% CAGR during the forecast period, 2020-2026
Market Dynamics
Patch pumps are more convenient and easier to use than conventional insulin pumps. Additionally, they are more affordable and are speedily capturing a noteworthy share in the insulin patch pumps market. Basal & bolus therapy helps in normalizing blood sugar levels without any risk of hypoglycemia. In addition, after each meal, basal & bolus therapy includes an injection, which imitates the activity of the healthier pancreas. Advanced features and availability of a wide range of products are some of the major factors driving the growth of insulin path pumps market.
Also, the basal & bolus therapy is used in both type 1 and 2 diabetes patients, which will boost the market growth. Basal insulin pump therapy is significant for managing type 1 diabetes as it acts on a slow-release mechanism. In addition, all types of basal insulin mimic the natural function of the pancreas and are long-acting. Growing adoption of basil insulin patch pump therapy by type 1 diabetes patients is boosting the growth of the global market. This segment is predicted to register a substantial share in the market.
Product Type Takeaway
Reusable insulin patch pumps ate highly flexible and capable of delivering complex regimes of insulin to patients. In addition, manufacturers are launching novel products suitable for patients and the reusable benefit of these insulin patch pumps is the reason they are high in demand. On the other hand, the disposable insulin patch pumps are also known as the simplified device as they are mechanical pumps. In addition, the products by CeQur and Valeritas are currently dominating the global insulin patch pumps market owing to their strong presence in the Europe and U.S. region.
Distribution Channel Takeaway
The hospital pharmacies are the most preferred distribution channel by most of the patch pup users. In addition, the trend has also shifted from buying traditional to automated insulin delivery solutions. Thus, expansion of integrated delivery network and a rising number of specialty hospital pharmacies is driving the growth of global insulin pump patches market. In addition, there is also a risk involved in purchasing pump patches from the online pharmacies such as improper usage and wrong product delivery.
Growing prevalence of diabetes and rising awareness regarding advanced patch pumps are the key factors anticipated to impel the growth of insulin patch pumps market. People with type 1 diabetes find it convenient to carry insulin patch pumps than carrying the infusion set of insulin. Insulin patch pumps companies are expanding their business in North America by getting FDA approvals and launching novel products. For instance, the South Korea-based company, EoFlow received approval for pump-EOPatch-in. This is a newly designed product by the company which got the FDA approval in the U.S., which will boost the demand for insulin patch pumps and propel the market growth.
Regional Takeaway
Presently, North America is dominating the market owing to the presence of major players of insulin patch pumps and is estimated to maintain its lead during the period of forecast. The Asia Pacific region is projected to be the second-largest market followed by Europe in the projected timeframe.
Key Vendors Takeaway
The use of artificial intelligence and technological advancements in this field are expected to play a crucial role in replacing traditional insulin delivery devices. Rising frequency of product launches coupled with collaborations between technology developers and major players is also projected to boost the market competition. The worldwide growing prevalence and occurrence of diabetes are expected to present lucrative opportunities for players functioning in the global insulin patch pumps market.
Key Vendors of the Market:
Insulet Corporation
Valeritus
Cellnovo Ltd.
Roche Diagnostics
CeQur
Medtronic plc
Johnson & Johnson
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year 2015 to 2018
Base Year 2019
Estimated Year 2020
Projected Year 2026
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL INSULIN PATCH PUMPS MARKET, BY DELIVERY MODE
Bolus
Basal
Basal and Bolus
GLOBAL INSULIN PATCH PUMPS MARKET, BY PRODUCT TYPE
Disposable
Reusable
Others
GLOBAL INSULIN PATCH PUMPS MARKET, BY DISTRIBUTION CHANNEL
Online Pharmacies
Private
Retail Pharmacies
Hospitals
Others
GLOBAL INSULIN PATCH PUMPS MARKET, BY REGION
North America
o The U.S.
o Canada
Europe
o Germany
o France
o Italy
o Spain
o United Kingdom
o Rest of Europe
Asia Pacific
o India
o China
o South Korea
o Japan
o Singapore
o Rest of APAC
Latin America
o Brazil
o Mexico
o Argentina
o Rest of LATAM
Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Rest of MEA
TABLE OF CONTENT
1. INSULIN PATCH PUMPS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Delivery Mode
2.1.2. Market Snippet by Product Type
2.1.3. Market Snippet by Distribution Channel
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. INSULIN PATCH PUMPS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. INSULIN PATCH PUMPS INDUSTRY STUDY
4.1. Porters Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
4.5. COVID-19 Impact Analysis
4.5.1. Pre-COVID-19 Impact Analysis
4.5.2. Post-COVID-19 Impact Analysis
5. INSULIN PATCH PUMPS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. INSULIN PATCH PUMPS MARKET BY DELIVERY MODE
6.1. Overview
6.1.1. Segment Share Analysis, By Delivery Mode, 2019 & 2026 (%)
6.2. Bolus
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.3. Basal
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.4. Basal and Bolus
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7. INSULIN PATCH PUMPS MARKET BY PRODUCT TYPE
7.1. Overview
7.1.1. Segment Share Analysis, By Product Type, 2019 & 2026 (%)
7.2. Disposable
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.3. Reusable
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8. INSULIN PATCH PUMPS MARKET BY DISTRIBUTION CHANNEL
8.1. Overview
8.1.1. Segment Share Analysis, By Distribution Channel, 2019 & 2026 (%)
8.2. Online Pharmacies
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.3. Private
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.4. Retail Pharmacies
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.5. Hospitals
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.6. Others
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9. INSULIN PATCH PUMPS MARKET BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Region, 2019 & 2026 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
9.2.4. North America Market Size and Forecast, By Delivery Mode, 2015 - 2026 (US$ Million)
9.2.5. North America Market Size and Forecast, By Distribution Channel, 2015 - 2026 (US$ Million)
9.2.6. North America Market Size and Forecast, By Product Type, 2015 - 2026 (US$ Million)
9.2.7. U.S.
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.2.8. Canada
9.2.8.1. Overview
9.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Delivery Mode, 2015 - 2026 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Distribution Channel, 2015 - 2026 (US$ Million)
9.3.6. Europe Market Size and Forecast, By Product Type, 2015 - 2026 (US$ Million)
9.3.7. Germany
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.3.8. Italy
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.3.9. United Kingdom
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.3.10. France
9.3.10.1. Overview
9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.3.11. Rest of Europe
9.3.11.1. Overview
9.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Delivery Mode, 2015 - 2026 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Distribution Channel, 2015 - 2026 (US$ Million)
9.4.6. Asia Pacific Market Size and Forecast, By Product Type, 2015 - 2026 (US$ Million)
9.4.7. India
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.4.8. China
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.4.9. Japan
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.4.10. South Korea
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.4.11. Rest of APAC
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Delivery Mode, 2015 - 2026 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Distribution Channel, 2015 - 2026 (US$ Million)
9.5.6. Latin America Market Size and Forecast, By Product Type, 2015 - 2026 (US$ Million)
9.5.7. Brazil
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.5.8. Mexico
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.5.9. Argentina
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Distribution Channel, 2015 - 2026 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Delivery Mode, 2015 - 2026 (US$ Million)
9.6.6. Middle East and Africa Market Size and Forecast, By Product Type, 2015 - 2026 (US$ Million)
9.6.7. Saudi Arabia
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9.6.8. United Arab Emirates
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Abbott Laboratories
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. Catalent, Inc.
10.3. Thermo Fisher Scientific Inc.
10.4. GE Healthcare
10.5. Eurofins Scientific
10.6. Quest Diagnostics Incorporated
10.7. Evotec
10.8. Merck KGaA
10.9. Bio-Rad Laboratories, Inc.
10.10. Charles River
10.11. Laboratory Corporation of America Holdings
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Delivery Modeology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
Call Us
( India toll free )
+91 835 605 0278
( US toll free )
+1 800 601 6071
Drop us an email at
sales@prudentmarkets.com
Get your pre and post sales queries resolved by our Subject matter experts.
We will assist you to customize the report to fit your research needs.
Our prime focus is to provide qualitative and accurate data.
Feel free to order a sample report before purchase.
Your personal and confidential information is safe and secured.
