Market Analysis Report Insulin Pump Market

Your Catalyst to a Lucrative Business Insulin Pump Market Share, Size, Key Players, Analysis, Growth and Forecasts to 2025 | Hexa Research “ The global insulin pump market is anticipated to witness significant growth in the coming years.” 01 March 2019 The global insulin pump market is anticipated to witness significant growth in the coming years. Insulin pump is a medical device used to administer insulin in diabetic patients at specific intervals. The device is attached to patient’s body and insulin is injected via catheter placed under the skin. It delivers a dose of insulin to control and maintain blood sugar level. The patient can take an extra dose depending on the food intake to keep glucose level under control. These pumps are considered to be an effective alternative to injections owing to their better blood glucose control and fewer jabs than needles. Rising cases of diabetes owing to increasing obesity and geriatric population across the globe can propel market growth. Type 2 diabetes is expected to play a significant role in the product demand. Diabetes is a condition in which the body starts converting carbohydrates present in the food into energy to increase the blood sugar level. This, in turn, can increase the risk of blindness, heart disease, organ damage, and other serious conditions. Introduction of advanced products offering innovative and effective features to assist diabetic patients can stimulate market growth. Supportive government initiatives and consumer information programs to spread awareness regarding importance and availability of advanced medical devices can drive the market in coming years. However, high cost and skin infections associated with the devices can hamper market growth. In addition, lack of experienced professionals to handle or use these advanced medical devices can restrain growth of Follow Us: