Market Overview:
The global insulin pump sensor market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of diabetes, technological advancements in glucose sensors, and rising demand for minimally invasive procedures. Based on type, the global insulin pump sensor market is segmented into invasive glucose sensors and non-invasive glucose sensors. The invasive glucose sensor segment is further sub-segmented into implantable and insertable devices. The non-invasive glucose sensor segment is further sub-segmented into optical and ultrasound devices. Based on application, the global insulin pump sensor market is divided into homecare, hospitals and clinics, and diagnostic centers. Geographically, the global insulin pump sensor market has been analyzed across five regions: North America, Latin America, Europe Asia Pacific ,and Middle East & Africa .
Product Definition:
An insulin pump sensor is a device that is inserted under the skin to measure how much insulin is being released from the pump. The sensor helps to ensure that the correct amount of insulin is being delivered, which can help to improve blood sugar control.
Invasive Glucose Sensor:
Invasive glucose sensor is a device used for measuring blood sugar level in patients suffering from diabetes. It works by detecting the presence of a certain molecule, which is found in abundance in the blood stream. This device has gained popularity owing to its ability to provide accurate results and also because it does not require any additional tests or injections.
Non-Invasive Glucose Sensor:
Non-invasive glucose sensor is a small device that measures blood sugar level and it's used in insulin pumps. The major advantage of using non-invasive glucose sensors over the traditional invasive methods is that there are no needles, lancets or continuous monitoring devices required for measuring blood sugar levels.
Application Insights:
The global insulin pump sensor market is segmented by application into homecare, hospitals and clinics, and diagnostic centers. The hospital and clinic segment dominated the overall market in terms of revenue in 2017. This can be attributed to a growing number of diabetes patients requiring insulin pumps due to long-term diabetes complications that require chronic medical care. Furthermore, an increasing number of hospital admissions for acute hypoglycemic attacks is also driving the demand for these devices at hospitals across the globe.
The homecare segment is expected to grow at a lucrative rate over the forecast period owing to rising awareness about better management of type 2 diabetes through regular exercise and healthy food habits among end-users globally. Moreover, technological advancements such as integration with smart devices are further driving its adoption among users worldwide thus contributing towards growth in near future as well.
Regional Analysis:
North America dominated the global insulin pump sensor market in 2017. This can be attributed to favorable reimbursement policies, technological advancements, and increasing cases of diabetes among people in this region. For instance, as per the International Diabetes Federation (IDF), around 6 million people in U.S have diabetes and are at risk of developing complications associated with it.
Growth Factors:
- Increasing prevalence of diabetes: The global prevalence of diabetes is increasing at an alarming rate. This is expected to drive the demand for insulin pump sensors over the forecast period.
- Technological advancements: The development of innovative and advanced insulin pump sensors is anticipated to propel the growth of this market during the forecast period.
- Rising awareness about diabetes and its treatment options: There has been a rise in awareness about diabetes and its treatment options in recent years, which is likely to boost demand for insulin pump sensors in the coming years.
- Growing number of geriatric population: The number of geriatric population is growing rapidly across the world, which will lead to an increase in demand for devices such as insulin pump sensors that can cater to their specific needs effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulin Pump Sensor Market Research Report
By Type
Invasive Glucose Sensor, Non-Invasive Glucose Sensor
By Application
Homecare, Hospitals and Clinics, Diagnostic Center
By Companies
Animas, BD, Bigfoot Biomedical, Boston Scientific, CCS Medical, Dexcom, Eli Lilly, Gluco-Chaser, GluSense, GlySens, Animas, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Insulin Pump Sensor Market Report Segments:
The global Insulin Pump Sensor market is segmented on the basis of:
Types
Invasive Glucose Sensor, Non-Invasive Glucose Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homecare, Hospitals and Clinics, Diagnostic Center
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Animas
- BD
- Bigfoot Biomedical
- Boston Scientific
- CCS Medical
- Dexcom
- Eli Lilly
- Gluco-Chaser
- GluSense
- GlySens
- Animas
- Medtronic
Highlights of The Insulin Pump Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Invasive Glucose Sensor
- Non-Invasive Glucose Sensor
- By Application:
- Homecare
- Hospitals and Clinics
- Diagnostic Center
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Insulin Pump Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An insulin pump sensor is a small device that attaches to the insulin pump and sends real-time data about the patient's blood sugar levels back to the pump. This information helps keep track of how much insulin needs to be delivered in order to maintain a healthy blood sugar level.
Some of the key players operating in the insulin pump sensor market are Animas, BD, Bigfoot Biomedical, Boston Scientific, CCS Medical, Dexcom, Eli Lilly, Gluco-Chaser, GluSense, GlySens, Animas, Medtronic.
The insulin pump sensor market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Insulin Pump Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Insulin Pump Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insulin Pump Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Insulin Pump Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Insulin Pump Sensor Market Size & Forecast, 2020-2028
4.5.1 Insulin Pump Sensor Market Size and Y-o-Y Growth
4.5.2 Insulin Pump Sensor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Invasive Glucose Sensor
5.2.2 Non-Invasive Glucose Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Homecare
6.2.2 Hospitals and Clinics
6.2.3 Diagnostic Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insulin Pump Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Insulin Pump Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Invasive Glucose Sensor
9.6.2 Non-Invasive Glucose Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Homecare
9.10.2 Hospitals and Clinics
9.10.3 Diagnostic Center
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Invasive Glucose Sensor
10.6.2 Non-Invasive Glucose Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Homecare
10.10.2 Hospitals and Clinics
10.10.3 Diagnostic Center
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Invasive Glucose Sensor
11.6.2 Non-Invasive Glucose Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Homecare
11.10.2 Hospitals and Clinics
11.10.3 Diagnostic Center
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Invasive Glucose Sensor
12.6.2 Non-Invasive Glucose Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Homecare
12.10.2 Hospitals and Clinics
12.10.3 Diagnostic Center
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Invasive Glucose Sensor
13.6.2 Non-Invasive Glucose Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Homecare
13.10.2 Hospitals and Clinics
13.10.3 Diagnostic Center
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Insulin Pump Sensor Market: Competitive Dashboard
14.2 Global Insulin Pump Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Animas
14.3.2 BD
14.3.3 Bigfoot Biomedical
14.3.4 Boston Scientific
14.3.5 CCS Medical
14.3.6 Dexcom
14.3.7 Eli Lilly
14.3.8 Gluco-Chaser
14.3.9 GluSense
14.3.10 GlySens
14.3.11 Animas
14.3.12 Medtronic
