Global Artificial Pancreas Device System Market

May 2020| VMR2134A| Verified Market Research

Report Highlights

Artificial Pancreas Device System Market Size And Forecast

According to Verified Market Research, Global Artificial Pancreas Device System Market was valued at USD 120.38 Million in 2018 and is projected to reach USD 491.29 Million by 2026, growing at a CAGR of 19.2% from 2019 to 2026.

Global Artificial Pancreas Device System Market Outlook

The key factors such as the rising incidence of diabetes, increasing unhealthy lifestyles among individuals, and the rising trends of fast food consumption are likely to stimulate the growth of an artificial pancreas device system market. The surging demand for insulin self-administration among diabetic patients, increasing the development of innovative techniques for treatment and high return on investment for market players are some other major factors expected to bolster the market growth. On the contrary, stringent government regulation in developing countries, the quality of insulin, and the high cost are some key factors that might restrict the market growth. 

Global Artificial Pancreas Device System Market Competitive Landscape 

The Global Artificial Pancreas Device System Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Medtronic, Johnson & Johnson, Bigfoot Biomedical, Beta Bionics, Pancreum, Inc., F. Hoffmann-La Roche Ltd, Inreda Diabetic B.V., Insulet Corp, Tandem Diabetes Care, Inc., and Typezero Technologies, LLC.

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