Tubeless Insulin Pump Market share to grow at 25% CAGR from 2017 to 2024

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Tubeless Insulin Pump Market forecast to reach
2Bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Tubeless Insulin Pump Market

• Global Market Insights, Inc. says, Tubeless
  Insulin Pump Market size is set to exceed USD 2
  billion by 2024.
• Rising number of diabetic and obese patients
  coupled with introduction of advanced pump will
  serve as high impact rendering factors for the
  tubeless insulin pump market growth.
• Advent of new technologies in continuous glucose
  monitoring without the need for daily insulin
  injection doses will stimulate business growth
  over the forecast years.
• The pods/patches market should witness more than
  20 CAGR over the coming years. Regular
  replacement of pods and high usage frequency will
  drive the escalated demand for these products.
• Tubeless insulin pump remote should grow in
  parallel with the pods segment.
• Distribution of tubeless insulin pump through
  e-commerce platforms has become the most popular
  medium. In 2016, e-commerce held the market share
  of over 50, valuing more than USD 250 million.

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Continued...

• Distribution through hospitals is less preferred
  medium because of the high cost of tubeless
  insulin pump. However, many private hospitals
  have recently started offering tubeless insulin
  pump at affordable prices, augmenting the
  industry growth.
• U.S. tubeless insulin pump market valued over USD
  200 million in 2016 and anticipated to grow
  significantly over the coming years.
• Switching of insulin pump user from tubed to
  tubeless should be the major growth rendering
  factor. Moreover, increasing adoption of tubeless
  pump by first time users will fuel regional
  industry growth.
• Germany accounted for more than 20 of overall
  regional revenue share, owing to increasing
  number of diabetic patients and advanced
  healthcare system. Growing adoption of advanced
  technology will drive rapid industry grow over
  the forecast years.
• Some of the companies operating in tubeless
  insulin pump market are Insulet Corporation,
  Johnson Johnson, Medtrum Technologies, Roche
  Holding, Cellnovo Group, Spring Health Solution,
  Debiotech, CeQur, Valeritas, and Abbott Diabetes
  Care.

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Germany Tubeless Insulin Pump Market, By
Component, 2013 - 2024 (USD Million)

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