DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "US Market Report for Insulin Pumps 2017 - MedCore" report to their offering.
The total U.S. market for insulin pumps can be segmented by pump type, yielding three segments: traditional insulin pumps, patch insulin pumps and simple insulin pumps. In 2016, the largest segment in the total insulin pump market was the traditional pump segment.
Traditional pumps account for such a large portion of the market because they are a much more established market, relative to the patch pump and simple pump markets, which were launched in the U.S. in 2005 and 2012, respectively. It is expected that traditional pumps will maintain their dominance over the forecast period, despite the growing market share of patch pumps and simple pumps.
Patch pumps are an attractive therapy option for the proportion of the patient population that values the wireless features and significant cost savings on the initial investment of the device, relative to traditional pumps. Although Insulet Corporation currently holds a monopoly in the U.S. market, Cellnovo and other competitors are expected to launch patch pump products over the forecast period and contribute to increased device uptake among the insulin-dependent diabetic population.
Key Topics Covered:
Table Of Contents I
List Of Figures Iv
List Of Charts Vi
U.S. Diabetes Monitoring, Treatment And Drug Delivery Market Overview
Procedure Codes Investigated
Key Report Updates
Johnson & Johnson
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