Tubeless Insulin Pump Market Share Growing Rapidly with Development, Recent Trends, Revenue and Forecast to 2018-2026

                                                                                
The tubeless insulin pump is essentially a medical handheld device that aids in blood glucose control.

               Tubeless Insulin Pump Market


The tubeless insulin pump is essentially a medical handheld device that aids in blood glucose control. It includes a common component pod/patch, a remote, and various accessories such as batteries, reservoirs, and so on. These are primarily used to reduce the need for regular injections. The various components of these pumps, such as the pod/patch, remote, and accessories such as batteries and reservoirs, are widely used in a variety of end-use industries such as hospitals, pharmacies, and e-commerce.

The increasing number of diabetic cases is a major factor driving the growth of the tubeless insulin pump market. Diabetes affects not only the elderly, but also children and the middle-aged population. Diabetes was responsible for approximately 1.6 million deaths in 2016, according to the World Health Organization (WHO). The market is expected to expand further as a result of technological advancements in the tubeless insulin pump market, such as the incorporation of smart technologies in insulin pods and remotes. Patients are injured and infected by traditional invasive insulin pumps. As a result, patients prefer tubeless insulin pumps, which are not harmful to the patient's body. Furthermore, rising government initiatives to raise global awareness about diabetes management and Medicare policies are expected to boost overall market growth during the forecast period.

The Tubeless Insulin Pump Market is growing as a result of factors such as an increasing number of diabetes patients, technological advancements in tubeless insulin pumps, and injuries and infections caused by traditional invasive insulin pumps. However, factors such as the high cost and long-term use of the tubeless insulin pump are expected to stymie market growth.


Market Segmentation:

By Component
  • Pod/Patch
  • Remote
  • Accessories (reservoirs, batteries, etc.)

By Distribution Channel
  • Hospitals
  • Pharmacies
  • E-commerce
The major players operating in the tubeless insulin pump market include Medtronic Plc., Medtrum Technologies, Inc., Tandem Diabetes Care, Insulet Corporation, and Animas Corporation.

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