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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Tubeless Insulin Pump Market to surpass $2Bn by 2024

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Tubeless Insulin Pump Market to surpass $2Bn by 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Tubeless Insulin Pump Market forecast to reach $2Bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Market Insights, Inc. says, Tubeless Insulin Pump Market size is set to exceed USD 2 billion by 2024.  Rising number of diabetic and obese patients coupled with introduction of advanced pump will serve as high impact rendering factors for the tubeless insulin pump market growth.  Advent of new technologies in continuous glucose monitoring without the need for daily insulin injection doses will stimulate business growth over the forecast years.  The pods/patches market should witness more than 20% CAGR over the coming years. Regular replacement of pods and high usage frequency will drive the escalated demand for these products.  Tubeless insulin pump remote should grow in parallel with the pods segment.  Distribution of tubeless insulin pump through e-commerce platforms has become the most popular medium. In 2016, e-commerce held the market share of over 50%, valuing more than USD 250 million. Key Insights from Tubeless Insulin Pump Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Distribution through hospitals is less preferred medium because of the high cost of tubeless insulin pump. However, many private hospitals have recently started offering tubeless insulin pump at affordable prices, augmenting the industry growth.  U.S. tubeless insulin pump market valued over USD 200 million in 2016 and anticipated to grow significantly over the coming years.  Switching of insulin pump user from tubed to tubeless should be the major growth rendering factor. Moreover, increasing adoption of tubeless pump by first time users will fuel regional industry growth.  Germany accounted for more than 20% of overall regional revenue share, owing to increasing number of diabetic patients and advanced healthcare system. Growing adoption of advanced technology will drive rapid industry grow over the forecast years.  Some of the companies operating in tubeless insulin pump market are Insulet Corporation, Johnson & Johnson, Medtrum Technologies, Roche Holding, Cellnovo Group, Spring Health Solution, Debiotech, CeQur, Valeritas, and Abbott Diabetes Care. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Germany Tubeless Insulin Pump Market, By Component, 2013 - 2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Tubeless Insulin Pump Market @ http://bit.ly/2x4mKYJhttp://bit.ly/2x4mKYJ Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2032 https://www.gminsights.com/request-sample/detail/2032 https://www.gminsights.com/request-sample/detail/49

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:


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