Global Insulin Pump Market is expected to cross US$ 8 Billion by 2024


By the year 2024, global insulin pump market is expected to cross US$ 8 Billion. For decades, a surrogate for incursive insulin needles — tablets or insulin delivered via inhalable pumps is seen as a Holy Grail but scientific attempt has so far achieved inadequate success. Although, there is good news for a lot of diabetes patients by the introduction of “Insulin Pump”.
Renub research predicts that the worldwide insulin pump market has increased with a vital growth rate over the years and is anticipated to rise further during the forecast period (2017-2024). The global insulin pump market growth drivers such as ageing population, rise in diabetic population and evolution of new products. Though, the market faces certain hurdles like a threat from the implantable insulin pump, the high cost of insulin pumps, complicated software used in insulin pumps and invention of artificial pancreas etc.

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Created by renubresearch 3 years 30 weeks ago – Made popular 3 years 30 weeks ago
Category: Health   Tags:

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