Artificial Pancreas Malformation Market to Witness a Pronounce Growth Rate ~15.2 % of CAGR by 2023
Market Research Future with their unique quality of simplifying the market research study, announces a deep study report on “Artificial Pancreas Malformation Market Research Report – Forecast to 2023” Gives industry size, top players and worldwide demand
Pune, India – September 28, 2018 /MarketersMedia/ —
Market scenario:
Artificial pancreas is the technology that helps diabetic patients by automatically monitor and inject insulin as needed. Previously diabetes 1 patient monitor the glucose level and then manually triggering an insulin pump when the level of glucose are too high. Moreover, previously, diabetes 1 patient had to inject insulin at the time they eat. Artificial pancreas is the technology which combine both the process, where glucose monitor placed inside the body along with an insulin pump and have the capabilities to control glucose level independently. Moreover, increase the prevalence of patient affected with diabetes, generating the demand for this technique. According to Centers for Disease Control and Prevention (CDC), in 2015, around 30.3 million of Americans were suffering from diabetes that is 9.4% of the total U.S. population.
Considering all these factors the market for Artificial Pancreas is expected to reach $ 360 million by the end of 2023, this market is projected to growing at a CAGR of ~ 15.2 % during 2017-2023.
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Key players of Global Artificial Pancreas Market:
Key players profiled in the report are Medtronic, Johnson & Johnson, Beta Bionics, Bigfoot Biomedical, Admetsys (pipeline product analysis), Animas Corporation, Defymed, dexcom, Insulet, medtech, Medtronic, Semma Therapeutics, Tandem Diabetes Care, TypeZero Technologies, and others.
Segments of Global Artificial Pancreas Market:
The global artificial pancreas market is segmented on the basis of type and end users. Based on type, the market has been segmented as threshold suspend device system, non-threshold suspend device system, control-to-range (CTR) system, and control-to-target (CTT) system. Based on the treatment type, the market has been segmented as insulin only, bi-hormonal, and hybrid. Based on the end users, the market has been segmented as hospitals and clinics, research, and others.
Regional analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global artificial pancreas. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most potential which is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.
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Detailed Table of Contents:
1. Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2. Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Artificial Pancreas Market, By Control Type
5.1 Threshold Suspend Device System
5.2 Non-Threshold Suspend Device System
5.3 Control-To-Range (Ctr) System
5.4 Control-To-Target (Ctt) System
6. Conclusion
11.1 Key Findings
11.1.1 From Ceo’s Viewpoint
11.1.2 Unmet Needs Of The Market
11.2 Key Companies To Watch
11.3 Prediction Of Artificial Pancreas Industry
12. Appendix
…Continued
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