Insulin Patch Pumps Market Size Worth $1.7 Billion by 2027 | CAGR
10.9%: Grand View Research, Inc. - Seite 2
Patch pumps are easy to use and more convenient than conventional insulin pumps. In addition, they are more affordable than conventional insulin pumps and are rapidly capturing a significant share of the insulin patch pumps market. Key players are using novel technologies and offer user-friendly insulin delivery solutions at lower prices. This is expected to increase the frequency of product launches during the forecast period, boosting overall growth.
Increasing healthcare expenditure related to diabetes and rising number of FDA approvals are further aiding growth. For instance, in March 2019, a South Korean Company-EoFlow-received FDA approval for its newly designed patch pump-EoPatch in the U.S.
Grand View Research has segmented the global insulin patch pumps market based on delivery mode, product type, distribution channel, and region:
- Insulin Patch Pumps Delivery Mode Outlook (Volume Units; Revenue USD Million, 2016 - 2027)
- Basal
- Bolus
- Basal & Bolus
- Insulin Patch Pumps Product Type Outlook (Volume Units; Revenue, USD Million, 2016 - 2027)
- Disposable
- Reusable
- Insulin Patch Pumps Distribution Channel Outlook (Volume Units; Revenue USD Million, 2016 - 2027)
- Hospitals
- Retail Pharmacies
- Private Clinics
- Online Pharmacies
- Others
- Insulin Patch Pumps Regional Outlook (Volume Units; Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Czech Republic
- Russia
- Poland
- Turkey
- Switzerland
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Vietnam
- Philippines
- Malaysia
- Indonesia
- Thailand
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Oman
- Egypt
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