MarketStudyReport.com Adds New Report Artificial Pancreas Device System Market 2018 – 2025 research report providing information and data by Type, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 118 Pages with table and figures in it.
Delaware, Selbyville - November 25, 2019 /MarketersMedia/ —
Global artificial pancreas device systems market, based on the type was segmented into control to range, control to target and threshold device systems. In 2017, the threshold suspended device systems segment held a largest market share of 71.5% of the artificial pancreas device systems market, by type. The threshold suspended device systems is the largest segment among the type segment in the artificial pancreas devices system market in 2017 and is also anticipated to hold the largest market in the year 2025. However, the control to target segment is the fastest growing segment and is accounted to grow at the CAGR of 21.4% over the forecast years.
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Driving factors such as, growing prevalence of diabetes, developments by major players, rise in demand for computerized systems for glycemic control are expected to boost the market growth over the years. In addition, increasing medical tourism in emerging nations are likely to have a positive impact on the growth of the global artificial pancreas device systems market in the coming years. However, availability of alternatives for artificial pancreas device systems and high cost associated with these systems are likely to negatively affect the market growth in the coming years. On the other hand, use of pancreas cell implant is expected to be one of the prevalent trends in the market. Use of an artificial pancreas is related to the better control of blood sugar levels for people with type 1 diabetes compared with standard treatment. For people with type 1 diabetes (T1D), continuous glucose monitoring (CGM) devices provide around-the-clock information on blood glucose levels, which is then used to determine how much insulin is needed. Insulin pumps allow the insulin doses to be administered subcutaneously throughout the day. The advanced technology developed for the diabetes treatment is the pancreas cell implant developed in November 2017, by a California company, Encellin. The company aims to eradicate insulin injections for diabetic patients with an insulin-producing implant containing live cells. The device is in preclinical trials and the company is organizing for clinical trials. The concept of packaging cells in semipermeable membranes could have other medical uses as well. This promising technology will help in the removal of the diabetes related problems and are expected to be prevalent future trend in artificial pancreas device systems market.
The global artificial pancreas device systems market is expected to reach US$ 2,168.1 Mn in 2025 from US$ 481.8 Mn in 2017. The market is estimated to grow with a CAGR of 20.9% from 2016-2025.
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Some of the major primary and secondary sources included in the report for the artificial pancreas device systems market are Juvenile Diabetes Association, Canadian Chronic Disease Surveillance System, Centers for Disease Control and Prevention, Centers for Diabetes and Endocrinology, Chinese Diabetes Society, International Diabetes Federation, National Institute of Astrophysics, Optics and Electronics, National Center for Biotechnology Information, and others.
Table of content:
1. INTRODUCTION 16
1.1 SCOPE OF THE STUDY 16
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 16
2. GLOBAL ARTIFICIAL PANCREAS DEVICE SYSTEMS MARKET - KEY TAKEAWAYS 17
3. GLOBAL ARTIFICIAL PANCREAS DEVICE SYSTEMS MARKET - MARKET LANDSCAPE 19
3.1 OVERVIEW 19
3.2 MARKET SEGMENTATION 19
3.2.1 Global Artificial pancreas device systems Market - By Type 20
3.2.2 Global Artificial pancreas device systems Market - By Geography 20
3.3 PEST ANALYSIS 22
3.3.1 North America - PEST Analysis 22
3.3.2 Europe- PEST Analysis 24
3.3.3 Asia Pacific- PEST Analysis 26
3.3.4 Middle East And Africa- PEST Analysis 28
3.3.5 South and Central America - PEST Analysis 30
4. GLOBAL ARTIFICIAL PANCREAS DEVICE SYSTEMS MARKET - KEY MARKET DYNAMICS 32
4.1 KEY MARKET DRIVERS 32
4.1.1 Growing Prevalence of Diabetes 32
4.1.2 Developments by Major Players 33
4.1.3 Rise in Demand for Computerized Systems for Glycemic Control 34
4.2 KEY MARKET RESTRAINTS 35
4.2.1 Availability of Alternatives for Artificial Pancreas Device Systems 35
4.2.2 High Cost of Artificial Pancreas Device Systems 36
4.3 KEY MARKET OPPORTUNITIES 36
4.3.1 Increasing Medical Tourism In Emerging Nations 36
4.4 FUTURE TRENDS 36
4.4.1 Pancreas Cell Implant 37
4.5 IMPACT ANALYSIS 38
5. ARTIFICIAL PANCREAS DEVICE SYSTEMS MARKET - GLOBAL ANALYSIS 39
5.1 GLOBAL ARTIFICIAL PANCREAS DEVICE SYSTEMS MARKET REVENUE FORECASTS AND ANALYSIS 39
5.2 GLOBAL ARTIFICIAL PANCREAS DEVICE SYSTEMS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 40
5.3 PROMINENT PLAYERS IN THE MARKET 41
5.3.1 Medtronic 41
5.3.2 Insulet Corporation 41
5.3.3 Tandem Diabetes Care, Inc. 42
5.4 EXPERT OPINIONS 42
6. GLOBAL ARTIFICIAL PANCREAS DEVICES SYSTEMS ANALYSIS - BY TYPE 43
6.1 OVERVIEW 43
6.2 GLOBAL ARTIFICIAL PANCREAS DEVICES SYSTEMS MARKET, BY TYPE, 2017 & 2025 (%) 43
6.3 CONTROL TO RANGE MARKET 44
6.3.1 Overview 44
6.3.2 Global Control to Range Market Revenue and Forecasts to 2025 (US$ Mn) 44
6.4 CONTROL TO TARGET MARKET 45
6.4.1 Overview 45
6.4.2 Global Control to Target Market Revenue and Forecasts to 2025 (US$ Mn) 45
6.5 THRESHOLD SUSPENDED DEVICE SYSTEM MARKET 46
6.5.1 Overview 46
6.5.2 Global Threshold Suspended Device System Market Revenue and Forecasts to 2025 (US$ Mn) 46
More Details on this Report At: https://www.marketstudyreport.com/reports/artificial-pancreas-device-system-market-to-2025-global
Related Report:
Global Artificial Pancreas Device System Market Professional Survey Report 2019
Sometimes an artificial pancreas device system is referred to as a "closed-loop" system, an "automated insulin delivery" system, or an "autonomous system for glycemic control."
Related Report: https://www.marketwatch.com/press-release/neurovascular-devices-market-size-is-determined-to-cross-a-value-of-5-billion-by-2025-2019-11-25
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