Market Overview:
The global wireless insulin pump 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 wireless insulin pumps, and rising demand for minimally invasive treatments. Based on type, the global wireless insulin pump market can be segmented into pod/patch pumps and remote pumps. The pod/patch pump segment is expected to account for a larger share of the market than the remote pump segment during the forecast period. This can be attributed to their small size and ease of use. Based on application, the global wireless insulin pump market can be divided into hospitals, pharmacies, e-commerce websites, and other applications such as clinics and research institutes.
Product Definition:
A wireless insulin pump is a medical device that helps people with diabetes manage their blood sugar levels. It is worn like a pager or cell phone and communicates with a glucose meter to automatically dose insulin based on the readings from the meter. The importance of wireless insulin pumps is that they provide people with diabetes more freedom and flexibility in their daily lives, since they do not have to be attached to a traditional pump by tubing.
Pod/Patch:
The global Pod/Patch is a small device that can be attached to the skin or clothing of diabetic patients. It enables real-time monitoring of blood glucose levels and also sends data regarding these levels to the patient’s care provider, enabling them to make necessary changes in insulin dosage. The product has been available for over 10 years in various forms; however, only recently has it begun experiencing significant growth owing to its increased adoption by individuals suffering from type 1 diabetes (T1D).
Remote:
The global remote is a small wireless device that allows the user to control their insulin pump from a distance. It's main function is to allow the patient to change settings and programs on their own without any assistance. The market for remote has seen tremendous growth in recent years, as more and more people are adopting insulin pumps over traditional methods of diabetes treatment such as injections or oral medications.
Application Insights:
The others segment includes home healthcare, airports, and public places such as restaurants and hotels. The wireless insulin pump has been gaining traction in the e-commerce industry owing to its ability to deliver precise dosing with less risk of hypoglycemia. However, there are few factors that may hinder the growth including type of device used (in-body or external), patient compliance, and awareness about these devices among healthcare professionals and patients.
Hospitals were estimated to be one of the largest application segments for this market owing to increasing number of diabetes patients in hospitals across the globe. Hospitals have been rapidly adopting technological advancements such as remote monitoring systems for better management of their diabetic population which is expected to further propel growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high adoption rate, and favorable reimbursement policies. The U.S is one of the most developed countries regarding healthcare IT and this has led to an increase in demand for innovative technologies such as remote patient monitoring systems and wireless insulin pumps.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & coverage; rising disposable income; growing awareness about advanced medical devices among patients;.
Growth Factors:
- Increasing prevalence of diabetes: The number of people with diabetes is increasing at an alarming rate. This will drive the demand for wireless insulin pumps as these are more convenient and discreet than traditional pumps.
- Technological advancements: Wireless insulin pump manufacturers are constantly innovating and bringing out new features and models that are easier to use and provide better results. This will spur growth in the market as consumers switch to newer, better products.
- Growing awareness about benefits of wireless insulin pumps: There is a growing awareness among people about the benefits of using wireless insulin pumps over traditional ones, such as improved convenience, discretion, accuracy etc. This will lead to an increase in demand for these devices in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Insulin Pump Market Research Report
By Type
Pod/Patch, Remote, Others
By Application
Hospitals, Pharmacies, e-Commerce, Others
By Companies
Insulet Corporation, Johnson & Johnson, Medtrum Technologies, Roche Holding AG, Cellnovo Group, Spring Health Solution, Debiotech, CeQur SA, Valeritas, Abbott Diabetes Care, Insulet Corporation
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Insulin Pump Market Report Segments:
The global Wireless Insulin Pump market is segmented on the basis of:
Types
Pod/Patch, Remote, Others
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
Hospitals, Pharmacies, e-Commerce, Others
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:
- Insulet Corporation
- Johnson & Johnson
- Medtrum Technologies
- Roche Holding AG
- Cellnovo Group
- Spring Health Solution
- Debiotech
- CeQur SA
- Valeritas
- Abbott Diabetes Care
- Insulet Corporation
Highlights of The Wireless Insulin Pump 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:
- Pod/Patch
- Remote
- Others
- By Application:
- Hospitals
- Pharmacies
- e-Commerce
- Others
- 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 Wireless Insulin Pump 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?
A wireless insulin pump is a type of medical device that helps people with diabetes manage their blood sugar levels. The pump sends insulin through the skin using radio waves to help control blood sugar levels.
Some of the major players in the wireless insulin pump market are Insulet Corporation, Johnson & Johnson, Medtrum Technologies, Roche Holding AG, Cellnovo Group, Spring Health Solution, Debiotech, CeQur SA, Valeritas, Abbott Diabetes Care, Insulet Corporation.
The wireless insulin pump 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 Wireless Insulin Pump 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 Wireless Insulin Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wireless Insulin Pump 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 Wireless Insulin Pump 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 Wireless Insulin Pump Market Size & Forecast, 2018-2028
4.5.1 Wireless Insulin Pump Market Size and Y-o-Y Growth
4.5.2 Wireless Insulin Pump Market Absolute $ Opportunity
Chapter 5 Global Wireless Insulin Pump 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 Wireless Insulin Pump Market Size Forecast by Type
5.2.1 Pod/Patch
5.2.2 Remote
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wireless Insulin Pump 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 Wireless Insulin Pump Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Pharmacies
6.2.3 e-Commerce
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Insulin Pump 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 Wireless Insulin Pump 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 Wireless Insulin Pump Analysis and Forecast
9.1 Introduction
9.2 North America Wireless Insulin Pump 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 Wireless Insulin Pump Market Size Forecast by Type
9.6.1 Pod/Patch
9.6.2 Remote
9.6.3 Others
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 Wireless Insulin Pump Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Pharmacies
9.10.3 e-Commerce
9.10.4 Others
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 Wireless Insulin Pump Analysis and Forecast
10.1 Introduction
10.2 Europe Wireless Insulin Pump 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 Wireless Insulin Pump Market Size Forecast by Type
10.6.1 Pod/Patch
10.6.2 Remote
10.6.3 Others
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 Wireless Insulin Pump Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Pharmacies
10.10.3 e-Commerce
10.10.4 Others
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 Wireless Insulin Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wireless Insulin Pump 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 Wireless Insulin Pump Market Size Forecast by Type
11.6.1 Pod/Patch
11.6.2 Remote
11.6.3 Others
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 Wireless Insulin Pump Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Pharmacies
11.10.3 e-Commerce
11.10.4 Others
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 Wireless Insulin Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America Wireless Insulin Pump 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 Wireless Insulin Pump Market Size Forecast by Type
12.6.1 Pod/Patch
12.6.2 Remote
12.6.3 Others
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 Wireless Insulin Pump Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Pharmacies
12.10.3 e-Commerce
12.10.4 Others
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) Wireless Insulin Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wireless Insulin Pump 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) Wireless Insulin Pump Market Size Forecast by Type
13.6.1 Pod/Patch
13.6.2 Remote
13.6.3 Others
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) Wireless Insulin Pump Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Pharmacies
13.10.3 e-Commerce
13.10.4 Others
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 Wireless Insulin Pump Market: Competitive Dashboard
14.2 Global Wireless Insulin Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Insulet Corporation
14.3.2 Johnson & Johnson
14.3.3 Medtrum Technologies
14.3.4 Roche Holding AG
14.3.5 Cellnovo Group
14.3.6 Spring Health Solution
14.3.7 Debiotech
14.3.8 CeQur SA
14.3.9 Valeritas
14.3.10 Abbott Diabetes Care
14.3.11 Insulet Corporation
