The global insulin pump market size accounted for USD 6,600 million in 2024 and is expected to exceed around USD 14,650 million by 2034, growing at a CAGR of 8.3% from 2024 to 2034.
The insulin pump market refers to the production, distribution, and use of these pumps, which are lightweight and compact devices that are designed to deliver continuous or intermittent infusion insulin, offering a precise and flexible approach to diabetes management. It is an insulin-delivering device that is used by some people with diabetes. These pumps are a wearable medical device that supplies a continuous flow of insulin underneath your skin. It is an alternative to insulin injections. There is a high demand for these pumps in sectors like laboratories, homecare, hospitals, and clinics, which is driving the growth of the insulin pump market.
However, the risk factors of the market include limited accessibility of these medical devices, repeated loss of data transfer, high cost of these devices, and supply chain disruptions, which can limit the growth of the market. The future scope of the market includes global health initiatives, personalization of treatment, telehealth expansion, integration with smartphones, and innovations like machine learning and artificial intelligence that will help the growth of the insulin pump market.
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| Stats ID: | 7867 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
| Stats ID: | 7867 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
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