Insulin pump is one of the most effective tools for diabetes management. The people who face challenges on the daily basis like hypoglycemia or hyperglycemia will apply for insulin pump because reimbursement is quite easier in most developed countries. Earlier insulin pump used to be very complex and inconvenient to use but now days, technological and functional aspect of insulin pump has quite improved and become the first choice for the diabetes patients in developed nation. Currently many developing countries like India and China have very low penetration of insulin pump because of affordability (expensive) and lack of awareness. Global Insulin Pump Market is expected to surpass US$ 16 Billion by the end of year 2025.
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The major factors that fuel the market growth are; increasing prevalence of overall diabetes, increasing prevalence of type 1 diabetes, rising insulin dependent diabetes population, growing ageing population, rising incidence of obesity, rapid changes of life-style and technological improvement of insulin pump across the world. Besides, recent research and government investigation regarding efficacy of insulin pump over conventional insulin delivery method will further boost the insulin pump market in coming future.
Global Insulin Pump Market, Users, Forecast, Reimbursement Policy Countries (United States, Canada, Germany, Australia, France, Netherlands, Switzerland, Sweden, Israel, United Kingdom, Japan, Kuwait, Saudi Arabia, Italy and Span) Clinical Trials, Training Model, Company Analysis is the 3rd edition published by Renub Research on Insulin Pump Market.
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Key Companies Covered
2. Insulet Corporation
3. Tandem Diabetes Care
1. United States
8. United Kingdom
12. Saudi Arabia
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