Insulin Pumps and Accessories Market size was valued at USD11.8 billion in the year 2020 and is anticipated to grow at USD 21.30 billion till 2026, witnessing a CAGR of around 7.14% during the forecast period from 2021 to 2027. Insulin pumps play an important role for controlling insulin in diabetic sufferers at exact intervals. Insulin is given to diabetic patients through a catheter placed under one’s skin. Insulin pumps work as great alternative for injections as they control blood glucose. Insulin pump accessories give support to the insulin pumps to administer insulin in the body to get control over diabetes. Infusion set insertion devices, infusion sets, insulin reservoirs are some of the insulin pump accessories. Diabetic sufferer can have extra dose relying on the food consumption for maintaining glucose level under control. Global prevalence of diabetes is increasing hugely. It served as the main cause of death and increases the danger of developing many other serious health concerns.
The report gives a comprehensive outlook on insulin pumps and accessories market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Bn) on the basis of application, product, type, End Use and region. This report studies global insulin pumps and accessories market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the global insulin pumps and accessories market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global photonics.