Orion Market Research
Global Insulin Pump Sensor Market Research and Forecast 2018-2023
MEDICAL DEVICES, SEMICONDUCTORS
INSULIN PUMP SENSOR Insulin pump is used for the administration of insulin in the treatment of diabetes mellitus. In Insulin pumps, sensor is used to obtain interstitial glucose values. The major factors that contributes in the growth of the market are increasing incidence of diabetes, demand for non-invasive glucose monitoring and FDA clearance to new products.
MARKET MOTIVATORS • REGULATORY CLEARANCE TO NEW PRODUCTS • INCREASING INCIDENCE OF DIABETES • RAISING AWARENESS TOWARDS DIABETES AND INSULIN DELIVERING DEVICES
• INCREASE IN DEMAND FOR WEARABLE INSULIN PUMP • DEMAND FOR NON-INVASIVE GLUCOSE MONITORING
MARKET RESTRAINTS
• HIGH COST OF INSULIN PUMPS • ACCURACY AND LONGEVITY ISSUES IN SENSORS
MARKET OPPORTUNITIES
• TECHNOLOGICAL ADVANCEMENTS & INNOVATIONS IN GLUCOSE BIOSENSORS
• DEVELOPMENT OF NON-INVASIVE SENSORS AND STRONG PIPELINE PRODUCTS
MARKET SEGMENTATION BY TYPE
• INVASIVE GLUCOSE SENSOR • NON-INVASIVE GLUCOSE SENSOR
MARKET SEGMENTATION BY TRANSDUCER CLASSES
• ELECTROCHEMICAL BIOSENSOR • OPTICAL BIOSENSOR • THERMOMETRIC BIOSENSOR • PIEZOELECTRIC BIOSENSOR • MAGNETIC BIOSENSOR
MARKET SEGMENTATION BY END USER Home Care Laboratories Hospitals and Clinics Diagnostic centre
REGIONAL ANALYSIS
5.00%
35.00%
28.00%
North America Europe APAC RoW
32.00%
COMPANY PROFILE
• Abbott Laboratories • Animas Corporation • Becton, Dickinson and Company • Bigfoot Biomedical, Inc. • Boston Scientific Corporation • CCS Medical To Be Continued……
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