Artificial Pancreas Systems Market accounted to USD 80.2 million in 2016 growing at a CAGR of 7.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
databridgemarketresearch.com provide new report “Global Artificial Pancreas Systems Market” the Artificial Pancreas Device System is used in the treatment of Diabetes. Diabetes patients require multiple doses of insulin in a day and all-round the year. The Artificial Pancreas Device System simulates the glucose regulation function of a healthy pancreas.
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Some of the major players operating in artificial pancreas systems market are Medtronic, Johnson & Johnson, Insulet Corporation, Tandem Diabetes Care, Roche, Pancreum, Inc., TypeZero Technologies, LLC, Beta Bionics, Dexcom Inc., Bigfoot Biomedical among others.
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 equipment
- Lack of knowledge and skilled professionals
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Global Artificial Pancreas Systems Market By Device (Threshold suspend device system, Non-threshold suspend device system, Control to range system, Control to target system), By End User (Hospitals, Clinics, Home Care, Ambulatory Center), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Artificial Pancreas Systems Market – Market Segmentation:
By devices the market for artificial pancreas systems is segmented into threshold suspend device system, non-threshold suspend 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.
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa
The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
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Artificial Pancreas Systems Market Research Methodology:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your inquiry.
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