Artificial pancreas system is a technology which manages the sugar level in blood, reduces T1D-related risks. The system monitors the glucose level in blood and provides substitute endocrine functionality of pancreas. The Artificial Pancreas Device System is a system of devices that closely mimics the glucose regulating function of a healthy pancreas. A blood glucose device (such as a glucose meter) is used to calibrate the CGM.
Powerful market analysis tools used in the Artificial Pancreas Systems Market report includes, Porter’s five forces analysis, drivers and restraints, opportunities and threatens. The report covers definition, deployment, market status and geographical analysis of the Artificial Pancreas Systems Market. It provides company profiling by point by point systems, financials and ongoing improvements. The report also offers mapping of the most recent innovative headways and supply chain patterns.
The Global Artificial Pancreas Systems Market accounted to USD 80.2 million growing at a CAGR of 7.8%during the forecast to 2026.
Market Major Market Competitors:
Beta Bionics, Dexcom Inc., Bigfoot Biomedical, Medtronic, Johnson & Johnson, Insulet, Tandem Diabetes Care, Roche, Pancreum, Inc., TypeZero Technologies, LLC, among others.
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Market Segmentation: Artificial Pancreas Systems
- By devices the market for artificial pancreas systems is segmented into threshold suspend device system, non-threshold suspends device system, control to range system, control to target system,
- On the basis of end-users, the artificial pancreas systems market is segmented into hospital, clinics, home care, and ambulatory center.
- On the basis of geography, artificial pancreas systems market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Artificial Pancreas Systems Market Landscape
Part 04: Global Artificial Pancreas Systems Market Sizing
Part 05: Global Artificial Pancreas Systems Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Artificial Pancreas Systems Market Competitive Analysis:
The artificial pancreas systems market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of artificial pancreas systems market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Government initiatives in clinical research
- Increasing demand of remote monitoring applications
- Increasing demand of home care setting devices
- Longer duration of time to completely absorb insulin
- High initial costs for installing the equipments
- Lack of knowledge and skilled professionals