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Global Continuous Subcutaneous Insulin Infusion Market by Product Type (Tethered, Patch), by End Use (Hospitals, Homecare, Laboratories) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-74374
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 66
  • No. Of Pages: 200
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  • Pub. Date: 2021-10-21
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Summary of the Report

In 2019, the global market for continuous subcutaneous insulin injection was valued at USD 3.3 million. It is projected to grow at 10.3% compound annual growth rate (CAGR), between 2020 and 2027. The market for continuous subcutaneous insulin injection is driven by rising diabetes incidence and awareness of advanced insulin delivery systems. The widespread acceptance of continuous subcutaneous insulin injection (CSII) devices in diabetes care has been remarkable. The American Diabetes Association estimates that around 40% of type 1 diabetics are using insulin pump. Continuous subcutaneous insulin injection is a method of administering intensive insulin therapy. It improves glucose control. This is a subcutaneous pump that delivers rapid-acting insulin via infusion set devices. It's battery-operated and programmable. It is used primarily in type 1 diabetes to maintain strict blood glucose control.

The market for continuous subcutaneous insulin injection is growing due to factors such as rising healthcare costs and favorable reimbursement policies. The International Diabetes Federation estimates that the global total health expenditure for diabetes was USD 7620.0 billion. This figure is expected to rise to USD 845.0 billion by 2045.

The demand for subcutaneous continuous insulin infusion devices is increasing due to technological advancements such as AI and Internet of Things (IOT). The industry's major players are making great efforts to improve patient experience. The market for continuous subcutaneous insulin injection has expanded due to the increasing use of smart insulin pumps. The growth is being fueled by data analytics and artificial Intelligence in insulin pumps. Many options now exist for reading sensor data from insulin pumps, including sensors integrated insulin pumps.

In addition to increasing product launches in insulin pumps, the overall diabetes devices market is expanding its share. As a result, major players in the market for continuous subcutaneous infusion of insulin are investing in artificial pancreas development. Medtronic, for instance, launched MiniMed 670G in 2017, the first closed-loop hybrid system. Artificial intelligence's rapid growth promises to make both structured and unstructured data accessible to doctors and patients. This device harnesses a lot of data, creating more opportunities for continuous subcutaneous insulin injection.

Product Type Insights

With a market share of approximately 78.0%, the tethered pumps segment dominated in 2019, with a revenue share around 78.0%. These devices have a high market share due to their easy availability. Animas Vibe, Accu-Chek Spirit Combo and Medtronic MiniMed Pardigm Veo are some of the most popular tethered pump options. The tubing connecting the tethered pump to the cannula is called a "tethered pump". These pumps can be carried in pouches that can be worn under or outside clothing.

Due to growing adoption and increasing product launches, the patch pump segment in continuous subcutaneous insulin injection is expanding at a rapid rate. Many startups and key players are working on advanced wearable devices that monitor blood glucose. These devices can also detect the condition before it is too late. The most widely used wearable devices for calibrating and delivering blood glucose are patch pumps, which can be connected to patient-type devices. These factors have contributed to the rise in demand for continuous subcutaneous insulin injections.

Patient Type Insights

Due to high insulin pump usage, type 1 patients dominated this market with an average revenue share of around 83% in 2019. To achieve the target hemoglobin level, type 1 patients should opt for continuous subcutaneous insulin injection therapy. Type 2 patients are growing at a faster rate due to factors like safety and efficacy improvements over Multiple Daily Injections (MDI). Because of their benefits such as automation, telemedicine and other perks, insulin pumps are gaining popularity. MDI requires 90+ injections per month, while continuous subcutaneous insulin injection requires 10-12 set changes per month. These factors have contributed to the rise in demand for continuous subcutaneous insulin injection.

End-use Insights

With a 44.9% revenue share in 2019, the hospital segment dominates the market. This segment has a 44.9% revenue share in 2019. It is primarily due to an increasing number of hospitals and rising healthcare spending for diabetes treatment. The NCBI report statistics show that patients with diabetes are three times more likely to be admitted than those without. The segment is also growing due to an increasing number of diabetic patients. The International Diabetes Federation predicts that 1 in 10 people will develop diabetes by 2040. The above-mentioned factors have contributed to the expansion of the market for continuous subcutaneous insulin injection.

In the forecast period, the fastest growing segment in continuous subcutaneous insulin injection market will be the home care segment. The growing popularity of insulin pumps that can be worn on the body and awareness of self-management of blood sugar are driving home care to expand. The market for continuous subcutaneous insulin injections is growing due to increasing awareness by government agencies and the rising number of patients who need insulin daily.

Regional Insights

North America was the dominant market, with a revenue share exceeding 46.0% in 2019. This market share can be attributed primarily to the availability major brands of insulin pumps. People with diabetes are estimated to spend an average of USD 16,750 annually in the United States. The rapid adoption of smart devices and technological advancement are also driving growth. Tandem Diabetes Care, Inc submitted in December 2019 its closed-loop controlled-IQ hybrid algorithm to FDA. This algorithm, which is compatible with the t: slim CGM system and Dexcom G6CGM system, will allow for adjustments in insulin delivery and automatic correction boluses.

The market for continuous subcutaneous insulin injections in Asia Pacific is expected to grow strongly due to favorable reimbursement policies and awareness drives. This region's high growth rate is mainly due to its large diabetic population. Additionally, there are increasing product launches in countries such as China, India, Japan. These programs and government initiatives will increase awareness about advanced insulin delivery products. Novo Nordisk Education Foundation, (NNEF), and Novo Nordisk India Pvt. Ltd. launched an awareness campaign for India in 2018. To improve the education of 1.5 million healthcare professionals, the company organized diabetes awareness events in India.

Market Share Insights & Key Companies

Constant subcutaneous insulin infusion remains a consolidated market. Medtronic holds a market share of over 40.0% in continuous subcutaneous insulin injection. Medtronic is constantly improving its insulin pump portfolio through technological advancements and investing heavily in R&D to invent new products. Due to technological advances, FDA approvals increasing, and the launch many innovative products by key companies and startups, the industry's competitive rivalry is expected to continue to be high over the forecast period.

In order to give their customers a competitive edge, major players engage in mergers and acquisitions, partnerships, and technological collaboration. Medtronic Plc signed an agreement in November 2018 to acquire Nutrino, a nutrition data startup. This agreement was made to improve Medtronic's diabetes management capabilities. To maintain their market share, many players in continuous subcutaneous insulin injection space are now focusing on developing insulin pump pipelines. Bigfoot Biomedical is one startup that plans to launch its closed loop insulin system. It includes an Abbott Freestyle Libre glucose reader. The market is growing because of these factors. The market for continuous subcutaneous insulin injection is dominated by the following players:

  • Medtronic Inc.

  • Tandem Diabetes Care

  • CeQur

  • F Hoffmann-La Roche

  • Insulet Corporation

  • Ypsomed

  • Sooil Development

  • Cellenovo

  • Valeritas Inc.

Up Market Research published a new report titled “Continuous Subcutaneous Insulin Infusion Market research report which is segmented by Product Type (Tethered, Patch), by End Use (Hospitals, Homecare, Laboratories), By Players/Companies Cellenovo, Medtronic Inc, F Hoffmann-La Roche, Valeritas Inc, Tandem Diabetes Care, Sooil Development, Ypsomed, CeQur, Insulet Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleContinuous Subcutaneous Insulin Infusion Market Research Report
By Product TypeTethered, Patch
By End UseHospitals, Homecare, Laboratories
By CompaniesCellenovo, Medtronic Inc, F Hoffmann-La Roche, Valeritas Inc, Tandem Diabetes Care, Sooil Development, Ypsomed, CeQur, Insulet Corporation
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages200
Number of Tables & Figures140
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Continuous Subcutaneous Insulin Infusion Industry Outlook

Global Continuous Subcutaneous Insulin Infusion Market Report Segments:

The market is segmented by Product Type (Tethered, Patch), by End Use (Hospitals, Homecare, Laboratories).

Continuous Subcutaneous Insulin Infusion Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Continuous Subcutaneous Insulin Infusion Market

Overview of the regional outlook of the Continuous Subcutaneous Insulin Infusion Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Continuous Subcutaneous Insulin Infusion Market Overview

Highlights of The Continuous Subcutaneous Insulin Infusion Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Continuous Subcutaneous Insulin Infusion Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Product Type:

                1. Tethered

                2. Patch

        7. By End Use:

                1. Hospitals

                2. Homecare

                3. Laboratories

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Continuous Subcutaneous Insulin Infusion Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


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Continuous Subcutaneous Insulin Infusion Market Trends

Reasons to Purchase the Continuous Subcutaneous Insulin Infusion Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Continuous Subcutaneous Insulin Infusion Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Continuous Subcutaneous Insulin Infusion Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Continuous Subcutaneous Insulin Infusion Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Continuous Subcutaneous Insulin Infusion Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Continuous Subcutaneous Insulin Infusion Market Size & Forecast, 2018-2028 
      4.5.1 Continuous Subcutaneous Insulin Infusion Market Size and Y-o-Y Growth 
      4.5.2 Continuous Subcutaneous Insulin Infusion Market Absolute $ Opportunity 


Chapter 5 Global Continuous Subcutaneous Insulin Infusion Market Analysis and Forecast by Product Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Product Type
      5.1.2 Basis Point Share (BPS) Analysis by Product Type
      5.1.3 Absolute $ Opportunity Assessment by Product Type
   5.2 Continuous Subcutaneous Insulin Infusion Market Size Forecast by Product Type
      5.2.1 Tethered
      5.2.2 Patch
   5.3 Market Attractiveness Analysis by Product Type

Chapter 6 Global Continuous Subcutaneous Insulin Infusion Market Analysis and Forecast by End Use
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by End Use
      6.1.2 Basis Point Share (BPS) Analysis by End Use
      6.1.3 Absolute $ Opportunity Assessment by End Use
   6.2 Continuous Subcutaneous Insulin Infusion Market Size Forecast by End Use
      6.2.1 Hospitals
      6.2.2 Homecare
      6.2.3 Laboratories
   6.3 Market Attractiveness Analysis by End Use

Chapter 7 Global Continuous Subcutaneous Insulin Infusion Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Continuous Subcutaneous Insulin Infusion Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Continuous Subcutaneous Insulin Infusion Analysis and Forecast
   9.1 Introduction
   9.2 North America Continuous Subcutaneous Insulin Infusion Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Continuous Subcutaneous Insulin Infusion Market Size Forecast by Product Type
      9.6.1 Tethered
      9.6.2 Patch
   9.7 Basis Point Share (BPS) Analysis by Product Type 
   9.8 Absolute $ Opportunity Assessment by Product Type 
   9.9 Market Attractiveness Analysis by Product Type
   9.10 North America Continuous Subcutaneous Insulin Infusion Market Size Forecast by End Use
      9.10.1 Hospitals
      9.10.2 Homecare
      9.10.3 Laboratories
   9.11 Basis Point Share (BPS) Analysis by End Use 
   9.12 Absolute $ Opportunity Assessment by End Use 
   9.13 Market Attractiveness Analysis by End Use

Chapter 10 Europe Continuous Subcutaneous Insulin Infusion Analysis and Forecast
   10.1 Introduction
   10.2 Europe Continuous Subcutaneous Insulin Infusion Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Continuous Subcutaneous Insulin Infusion Market Size Forecast by Product Type
      10.6.1 Tethered
      10.6.2 Patch
   10.7 Basis Point Share (BPS) Analysis by Product Type 
   10.8 Absolute $ Opportunity Assessment by Product Type 
   10.9 Market Attractiveness Analysis by Product Type
   10.10 Europe Continuous Subcutaneous Insulin Infusion Market Size Forecast by End Use
      10.10.1 Hospitals
      10.10.2 Homecare
      10.10.3 Laboratories
   10.11 Basis Point Share (BPS) Analysis by End Use 
   10.12 Absolute $ Opportunity Assessment by End Use 
   10.13 Market Attractiveness Analysis by End Use

Chapter 11 Asia Pacific Continuous Subcutaneous Insulin Infusion Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Continuous Subcutaneous Insulin Infusion Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Continuous Subcutaneous Insulin Infusion Market Size Forecast by Product Type
      11.6.1 Tethered
      11.6.2 Patch
   11.7 Basis Point Share (BPS) Analysis by Product Type 
   11.8 Absolute $ Opportunity Assessment by Product Type 
   11.9 Market Attractiveness Analysis by Product Type
   11.10 Asia Pacific Continuous Subcutaneous Insulin Infusion Market Size Forecast by End Use
      11.10.1 Hospitals
      11.10.2 Homecare
      11.10.3 Laboratories
   11.11 Basis Point Share (BPS) Analysis by End Use 
   11.12 Absolute $ Opportunity Assessment by End Use 
   11.13 Market Attractiveness Analysis by End Use

Chapter 12 Latin America Continuous Subcutaneous Insulin Infusion Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Continuous Subcutaneous Insulin Infusion Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Continuous Subcutaneous Insulin Infusion Market Size Forecast by Product Type
      12.6.1 Tethered
      12.6.2 Patch
   12.7 Basis Point Share (BPS) Analysis by Product Type 
   12.8 Absolute $ Opportunity Assessment by Product Type 
   12.9 Market Attractiveness Analysis by Product Type
   12.10 Latin America Continuous Subcutaneous Insulin Infusion Market Size Forecast by End Use
      12.10.1 Hospitals
      12.10.2 Homecare
      12.10.3 Laboratories
   12.11 Basis Point Share (BPS) Analysis by End Use 
   12.12 Absolute $ Opportunity Assessment by End Use 
   12.13 Market Attractiveness Analysis by End Use

Chapter 13 Middle East & Africa (MEA) Continuous Subcutaneous Insulin Infusion Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Continuous Subcutaneous Insulin Infusion Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Continuous Subcutaneous Insulin Infusion Market Size Forecast by Product Type
      13.6.1 Tethered
      13.6.2 Patch
   13.7 Basis Point Share (BPS) Analysis by Product Type 
   13.8 Absolute $ Opportunity Assessment by Product Type 
   13.9 Market Attractiveness Analysis by Product Type
   13.10 Middle East & Africa (MEA) Continuous Subcutaneous Insulin Infusion Market Size Forecast by End Use
      13.10.1 Hospitals
      13.10.2 Homecare
      13.10.3 Laboratories
   13.11 Basis Point Share (BPS) Analysis by End Use 
   13.12 Absolute $ Opportunity Assessment by End Use 
   13.13 Market Attractiveness Analysis by End Use

Chapter 14 Competition Landscape 
   14.1 Continuous Subcutaneous Insulin Infusion Market: Competitive Dashboard
   14.2 Global Continuous Subcutaneous Insulin Infusion Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Cellenovo
      14.3.2 Medtronic Inc
      14.3.3 F Hoffmann-La Roche
      14.3.4 Valeritas Inc
      14.3.5 Tandem Diabetes Care
      14.3.6 Sooil Development
      14.3.7 Ypsomed
      14.3.8 CeQur
      14.3.9 Insulet Corporation
Segments Covered in the Report
The global Continuous Subcutaneous Insulin Infusion market has been segmented based on

By Product Type
  • Tethered
  • Patch
By End Use
  • Hospitals
  • Homecare
  • Laboratories
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Cellenovo
  • Medtronic Inc
  • F Hoffmann-La Roche
  • Valeritas Inc
  • Tandem Diabetes Care
  • Sooil Development
  • Ypsomed
  • CeQur
  • Insulet Corporation

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