Market Research Reports- Consulting Analysis Crystal Market Research Insulin Patch Pump Market | Page 2

benefits over traditional multiple daily injection therapy. Currently available patch pumps are about the
size of a computer mouse which can be directly attached to the body without any tubing. For the infusion
of insulin, a small catheter is subcutaneously inserted from the underside of the patch pump. The three
main components of an insulin patch pump are an insulin reservoir, a cannula and a pumping mechanism.
Unlike traditional pumps, these parts are contained in a single case without any tubing. The device is
directly worn on the body using an adhesive patch. The activation of the patch is programmed from a
remote device and the cannula is inserted automatically.
Basal insulin comprises of a majority of a person’s daily insulin requirement. It offsets the liver’s glucose
secretion into the bloodstream. Every few minutes, the pancreas, in response to the liver’s secretion of
glucose, secretes a small amount of insulin in the bloodstream which is known as basal insulin. Before a
person develops diabetes, pancreas regularly produce insulin proportionate to the amount of glucose
present in the bloodstream. When there is a large amount of blood glucose in the body, such as after
meals, the pancreas secret larger amounts of insulin known as bolus insulin. Using patch pumps, the rate
of insulin delivery can be adjusted in response to the liver’s pattern of glucose secretion.
The major factor responsible for the growth of insulin pump market is increasing prevalence of diabetes.
According to IDF, in 2015, diabetes affected 415 million people worldwide. This number is expected to
reach up to 642 million by 2040.By 2040, 1 in 10 adults will have diabetes. With such rising incidence of
diabetes around the world, the demand for insulin patch pumps is expected to increase favorably during
the forecast period. As diabetic patients are becoming increasingly aware about the technologically
advanced alternatives to control and manage diabetes, the insulin patch pump market will experience
innovations in the near future leading to development of new-age insulin patch pump systems with
enhanced insulin delivering capabilities.
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Some of the major players operating in the insulin patch pump marketare, Insulet Corporation, Debiotech
S.A.,CeQur SA, Unilife Corporation, Valeritas Holdings, Inc., Cellnovo Limited., EOFLOW CO., LTD.,
Becton, Dickinson and Company.
Key Findings of the Research Study:
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Rising incidence of diabetes around the world is expected to primarily drive the growth of insulin
patch pump market during the forecast period.
Insulin patch pump provides an efficient alternative to traditional multiple injection based insulin
delivery systems.
Development of insulin patch pumps by numerous players under pipeline will favorably
contribute to the market growth over coming few years.