The insulin pump system is designed in a way that mimics the way the body naturally releases insulin. The global insulin pumps market is likely to register a CAGR of over 8.6% with
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Insulin pumps are designed to deliver insulin to patients who have been diagnosed with diabetes. Insulin can be delivered in two ways. It can be administered in a steady and continuous dose, which is also known as basal insulin, or in a surge dose during meals, which is known as bolus insulin. These doses are delivered through a flexible plastic tube called a catheter. The catheter is inserted into the fatty tissue of the skin with the help of a small needle and is held in place with tape. The insulin pump system is designed in a way that mimics the way the body naturally releases insulin. The global insulin pumps market is likely to register a CAGR of over 8.6% with an incremental growth of USD 2.8 billion during the forecast period 2023-2029. The demand for the insulin pumps is primarily driven by the growing prevalence of diabetes among the population. As per the data revealed by the International Diabetes Federation, around 552 million people across the globe are estimated to have diabetes by the year 2030.The demand for the insulin pumps is primarily driven by the growing prevalence of diabetes among the population. As per the data revealed by the International Diabetes Federation, around 552 million people across the globe are estimated to have diabetes by the year 2030.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global insulin pumps market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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