North America and Europe to dominate the Artificial Pancreas Market Size
According to the Center for Disease Control and Prevention( CDC), there were 29.1 million diabetic patients in the U. S. in 2015, of which 8.1 million are undiagnosed. Type 1 diabetes accounts for around 5 % of the total diagnosed diabetes cases in adults in the U. S. Type 1 diabetes is common among Scandinavian population and in Sardinia and Kuwait and less common in Asia and Latin America. Developed regions are expected to dominate the artificial pancreas market size, owing to early adopters of disruptive technology. Success achieved in these markets influences companies to enter into emerging markets, where the regulations, distribution and purchase / treatment patterns vary widely.
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