Market scenario:
Artificial pancreas is the technology that helps diabetic patients by automatically monitor and inject insulin as needed. Previously diabetes 1 patient monitor the glucose level and then manually triggering an insulin pump when the level of glucose are too high. Moreover, previously, diabetes 1 patient had to inject insulin at the time they eat. Artificial pancreas is the technology which combine both the process, where glucose monitor placed inside the body along with an insulin pump and have the capabilities to control glucose level independently. Moreover, increase the prevalence of patient affected with diabetes, generating the demand for this technique. According to Centers for Disease Control and Prevention (CDC), in 2015, around 30.3 million of Americans were suffering from diabetes that is 9.4% of the total U.S. population.
Considering all these factors the market for Artificial Pancreas is expected to reach $ 360 million by the end of 2023, this market is projected to growing at a CAGR of ~ 15.2 % during 2017-2023.
Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/3854
Key players of Global Artificial Pancreas Market:
Key players profiled in the report are Medtronic, Johnson & Johnson, Beta Bionics, Bigfoot Biomedical, Admetsys (pipeline product analysis), Animas Corporation, Defymed, dexcom, Insulet, medtech, Medtronic, Semma Therapeutics, Tandem Diabetes Care, TypeZero Technologies, and others.
Segments of Global Artificial Pancreas Market:
The global artificial pancreas market is segmented on the basis of type and end users. Based on type, the market has been segmented as threshold suspend device system, non-threshold suspend device system, control-to-range (CTR) system, and control-to-target (CTT) system. Based on the treatment type, the market has been segmented as insulin only, bi-hormonal, and hybrid. Based on the end users, the market has been segmented as hospitals and clinics, research, and others.
Regional analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global artificial pancreas. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most potential which is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.
Apply for Exclusive Discount @ https://www.marketresearchfuture.com/check-discount/3854
Detailed Table of Contents:
1. Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2. Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Artificial Pancreas Market, By Control Type
5.1 Threshold Suspend Device System
5.2 Non-Threshold Suspend Device System
5.3 Control-To-Range (Ctr) System
5.4 Control-To-Target (Ctt) System
6. Conclusion
11.1 Key Findings
11.1.1 From Ceo’s Viewpoint
11.1.2 Unmet Needs Of The Market
11.2 Key Companies To Watch
11.3 Prediction Of Artificial Pancreas Industry
12. Appendix
…Continued
Send An Enquiry @ https://www.marketresearchfuture.com/enquiry/3854
About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com