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Global Insulin Pumps (External) Market, 2022 - Medtronic Banks on New Solutions and Distribution Expansion to Retain Dominance

(MENAFN Editorial) DUBLIN, November 23, 2017 /PRNewswire/ --

The report has been added to Research and Markets' offering.

The report provides separate comprehensive analytics for the US, Canada, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. This report analyzes the worldwide markets for Insulin Pumps (External) in US$ Thousand.

The report profiles 15 companies including many key and niche players such as:

  • Debiotech S.A.
  • F. Hoffmann-La Roche, Ltd.
  • Insulet Corp.
  • Medtronic Plc.
  • Sooil Development Co. Ltd.
  • Tandem Diabetes Care Inc.
  • Key Topics Covered:

    1. INDUSTRY OVERVIEW
    Insulin Pumps: A Prelude
    Key Benefits Offered Infuse Sustained Growth Opportunities
    Developed Regions Underpin Sales Growth
    The United States
    The Largest Market
    Europe
    A Market with Vast Potential
    Lower Current Penetration Leaves Significant Room for Growth
    Rising Incidence of Diabetes
    A Major Market Driving Factor
    Diabetes
    Assessing the Economic Burden

    2. COMPETITIVE ANALYSIS
    Insulin Pumps Market
    Set for Interesting Road Ahead
    Comparison of Select Durable Insulin Pumps by Manufacturer
    Medtronic Banks on New Solutions and Distribution Expansion to Retain Dominance
    Tandem Sees Gradual Rise in Market Share
    Ypsomed Eyes Brighter Prospects with YpsoPump
    Medtrum
    A New Entrant with a Strong Product
    Competitive Landscape in the Insulin Patch Pump Market
    Insulet's OmniPod Benefits from Lack of Close Competition in its League
    Insulet Focuses on Advances in Technology and Services to Gain Market Share
    Cellnovo's Patch Pump Combines Functionality and Cost- Effectiveness
    Valeritas' V-Go
    An Affordable Patch Pump for Type II Diabetics
    Valeritas Struggles to Push Sales of V-Go
    Tough Ground for New Entrants

    3. NOTEWORTHY MARKET TRENDS
    Type II Diabetes
    A Market with Significant Potential
    Patch Pumps Gain Manufacturer Attention
    Prefilled Insulin Cartridges Gain Popularity over Manual Filling
    The Rise of Smart Pumps
    A Major Game Changer
    Innovative Features Spruce Up the Market for Insulin Pumps
    Artificial Pancreas System (APS)
    The Future of Diabetes Care
    Artificial Pancreas
    Are We There Yet?
    The Risk of Diabetes in Aging Populace Presents Opportunities for Insulin Pumps
    Alarming Rise in Obesity
    A Business Case for Diabetes Care
    Global Obesity Facts in a Nutshell
    Diabetes in Developing Countries to Expand Opportunities

    4. KEY MARKET DRIVERS AND CHALLENGES
    ICR: A Key Factor to Success
    Customer Satisfaction: Crucial to Stay Competitive
    Expiry of Warranty Provides New Opportunities to Insulin Pump Makers
    Undiagnosed Diabetes
    A Key Challenge
    Better Safety Review
    A Growing Need for Insulin Pumps
    Insulin Pump Training
    Not Receiving Adequate Attention
    Complicated Insulin Pump Software Makes Pump Use Difficult for the Aged
    Competition from Other Insulin Delivery Technologies Continues
    Implantable Insulin Pumps
    A Potential Threat to External Insulin Pumps
    Lantus: A Threat to Insulin Pump Manufacturers

    5. DIABETES & INSULIN - AN ABSTRACT
    Diabetes
    A Fatal Disease
    Risk Factors for Diabetes
    Types of Diabetes
    Long Term Complications of Diabetes
    Testing Sugar Levels: Easy and Accurate
    Insulin
    Pancreas: The Main Source of Insulin in Human Body
    Types of Insulin
    Types of Insulin & Onset of Action
    Goal of Insulin Therapy
    Insulin Delivery Systems
    A. Syringes
    B. Insulin Pens
    c. Jet Injectors
    d. Tablets
    e. External Insulin Pumps
    f. Artificial Pancreas
    Insulin Delivery Technologies

    6. PRODUCT OVERVIEW
    Evolution of Insulin Pumps
    Components of Insulin Pump
    How Does an Insulin Pump Work?
    Value-added Features of Modern Insulin Pumps
    Bolus Calculators
    Insulin on Board
    Customized Alarms
    Touch Bolus
    Interface to PCs
    Others
    Insulin Pump Delivery Rates
    Guidelines for Insulin Pump Usage
    Advantages
    More Accurate and Consistent
    Enhances Blood Sugar Control in Pediatric Patients
    Adjusting Time Zones While Traveling
    Improves Quality of Life
    Patient Convenience
    Other Advantages
    Disadvantages/Risks Involved in the Usage of Insulin Pumps
    High Cost
    High Involvement
    Diabetic Ketoacidosis Risk
    Glucose Testing at Regular Intervals
    Regular Rotation of Infusion Set
    Carrying Back-up Kit
    Regular Refilling of Pump
    Other Disadvantages

    7. PRODUCT INNOVATIONS/INTRODUCTIONS
    Medtronic Rolls Out MiniMed 670G System
    Tandem Unveils New Software Update for t:slim Insulin Pumps
    Tandem Introduces t:slim X2 Insulin Pump with Dexcom G5 Mobile CGM Integration
    Tandem Launches t:lock Connector
    Tandem Receives US Patent for Infusion Pump and Electronic Device Integration
    SOOIL Development Unveils DANA Diabecare RS Insulin Pump
    Cellnovo Files FDA 510(k) Clearance for Diabetes Management System
    Medtronic Obtains FDA Nod for its New MiniMed 670G System
    Medtrum Launches Medtrum P6 Tubeless Insulin Pump
    Medtronic Launches MiniMed 630G System
    Tandem Secures FDA Expanded Indication for t:slim Insulin Pump
    EMA Clears Use of mylife YpsoPump with NovoRapid PumpCart
    Animas Receives FDA Expanded Indication for Animas Vibe Insulin Pump in Children
    Medtronic Introduces MiniMed Connect System for Insulin Pumps and CGMs
    Tandem Gets FDA Nod for t:slim G4 Insulin Pump
    Unilife Rolls Out Instant Patch Pumps Platform
    Imperium
    Medtronic Rolls Out MiniMed 640G System
    Tandem Bags FDA Clearance for t:flex Insulin Pump

    8. RECENT INDUSTRY ACTIVITY
    Animas Decides to Exit Insulin Pump Business
    Tandem to Commence At-Home Pivotal Trial for t:slim X2 Insulin Pump
    Aspire Capital Fund to Invest in Valeritas Holdings
    Roche Diabetes Care Discontinues Accu-Chek Brand in the US
    Insulet to Distribute its Omnipod System in Europe
    Valeritas Achieves Better Results with V-Go Device
    Valeritas Shows Quality Results with V-Go Wearable Device
    Medtronic Collaborates with Aetna
    Roche to Acquire mySugr
    Tandem Announces Order Intake for t:slim X2 Insulin Pump
    Bigfoot Secure FDA's Clearance for Artificial Pancreas Trial
    Tandem Inks Technology Licensing Deal with TypeZero
    Ypsomed and Novo Nordisk Sign Pact for mylife YpsoPump
    UnitedHealth Group Selects Medtronic As Exclusive Supplier of Insulin Pumps
    Cellnovo and Roche Enter into Commercial Agreement for BGM
    Insulet Inks Deal with Mode for Licensing Artificial Pancreas Algorithm
    Ypsomed Expands Availability of mylife OmniPod in Europe
    Medtronic Enters into Agreement with Chengdu Government to Produce Insulin Pumps
    Insulet and Eli Lilly Team Up to Develop New Version of OmniPod for Delivering Lilly's Humalog
    Tandem and Dexcom Ink Deal to Pair their Devices
    BD Medical and Medtronic Collaborate to Launch New Infusion Set
    Bigfoot Biomedical Takes Over Asante Solutions
    Debiotech to Take Over Rights to iSense CGM
    Medtronic Acquires Covidien

    9. FOCUS ON SELECT PLAYERS

    10. GLOBAL MARKET PERSPECTIVE

    Total Companies Profiled: 15 (including Divisions/Subsidiaries 18)

  • The United States (11)
  • Europe (6)
  • France (1)
  • The United Kingdom (1)
  • Rest of Europe (4)
  • Asia-Pacific (Excluding Japan) (1)
  • For more information about this report visit

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    SOURCE Research and Markets

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