North America Insulin Pump Market to Surpass USD 4.2 Bn Mark by 2022, Expects DPI Research in Its New Report Available at MarketPublishers.com
02 Aug 2017 • by Natalie Aster
LONDON – The North America region’s insulin pump market is projected to gather steam in the offing, surpassing the USD 4.2 billion mark by 2022.
The increasing pool of diabetic patients, rising awareness of diabetes, optimised glycemic control and flexible, lifestyle-compatible modes of treatment, along with technological developments in insulin pump devices, amongst others, represent the main trends fuelling the growth of the marketplace. Meanwhile, the market’s future growth could be hindered by the expensiveness of insulin pump devices.
The USA is the dominant insulin pump market in the region. The number of people with diabetes across the USA is set to reach over 33 million by 2022. As of 2016, there were over 5,00,000 users of insulin pumps in the country.
Canada’s insulin pump market revenue stood at more than USD 160 million in 2016.
Medtronic, Insulet Corporation, Sooil Development, Roche, Tandem Diabetes Care, Microport, and Animas Corporation are the outstanding players in the marketplace.
In-demand study “North America Insulin Pump Market Prospect, Share, Development, Growth and Demand Forecast to 2022” created by DPI Research & Marketing Solutions presents an all-round, detailed assessment of the market on a regional level with a focus on the USA, Canada and Mexico.
The report offers an all-round examination of the type 1 (T1D), type 2 (T2D), newly diagnosed T1D, and total diabetes population of all the 3 countries. It gives deep insights into insulin pump users in volume terms in detail for most recent trends, outlook and opportunities in the markets covered. The report provides market outlook to 2022 by value, based on actual and projected trends. It analyses clinical studies and the most popular insulin pump brand with the patients; canvasses major trends pertaining to partnerships, collaborations, and license agreements. A detailed review of the reimbursement pattern and the regulatory landscape is included. The report also investigates the key growth drivers and restraints of the regional market. It also profiles the prominent market players, analysing them with respect to company overview, sales analysis, latest developments and trends, and product outlook to 2022.
More in-demand reports by DPI Research can be found in publisher’s catalogue at MarketPublishers.com.