According to the latest report by IMARC Group, titled “United States Insulin Pumps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market to grow at a CAGR of XX% during 2021-2026.
Insulin pumps represent the digital medical devices used to inject insulin into the body to regulate blood sugar levels effectively. They are equipped with a thin tube that facilitates the delivery of insulin seamlessly. Diabetic patients utilize insulin pumps as a preferred alternative to insulin pen injections as they function on a pre-programmed schedule. These devices can also automatically adjust the insulin dose required by the body depending on the analysis of food intake and blood sugar levels.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
United States Insulin Pumps Market Trends:
The increasing diabetic population is primarily driving the United States insulin pumps market. Besides this, the shifting preferences towards fast-food consumption and sedentary lifestyles of the consumers are further propelling the risk of diabetes, thereby further augmenting the demand for insulin pumps. In line with this, the escalating popularity of ready-to-eat (RTE) packaged food, which contains artificial ingredients and preservatives, is also catalyzing the market growth in the U.S. Furthermore, the launch of several initiatives that aim to create awareness regarding the adverse effects of diabetes and the importance of effective treatment plans is acting as another significant growth-inducing factor. In addition to this, extensive research and development (R&D) activities, continuous advancements in the healthcare infrastructures, and the adoption of innovative technologies, such as highly accurate glucose sensors and blood monitoring devices, are expected to fuel the United States insulin pumps market over the forecasted period.
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United States Insulin Pumps Market 2021-2026 Analysis and Segmentation:
Breakup by Product Type:
Insulin Pumps
o Tethered Pumps
o Disposable/Patch Insulin Pumps
Insulin Pump Supplies and Accessories
o Infusion Set Insertion Devices
o Insulin Reservoirs/Cartridges
Breakup by Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Sales
Diabetes Clinics/ Centers
Others
Breakup by Region:
· Northeast
· Midwest
· South
· West
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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