United States Insulin Pumps Market

Market Overview:

The United States insulin pumps market size reached US$ 2.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a growth rate (CAGR) of 4.8% during 2022-2027.

Insulin pumps refer to the digital devices that are utilized to inject insulin into the body to regulate blood sugar levels effectively. They are equipped with a thin tube that facilitates the delivery of insulin in a seamless manner. These devices are widely used by diabetic patients as a preferred alternative to insulin pen injections as they function on a pre-programmed schedule. These devices can also automatically adjust the insulin dose required by the body based on the analysis of food intake and blood sugar levels.

The market in the United States (US) is primarily driven by the increasing diabetic population across the country. This can be accredited to the growing preference for fast-food consumption and the sedentary lifestyles led by majority of the masses. Moreover, numerous government initiatives that aim to create awareness regarding the adverse effects of diabetes and the importance of effective treatment plans are also creating a positive outlook for the market. Other factors, including extensive research and development (R&D) activities conducted by key players, the introduction of innovative and effective product variants and the continual advancements in the healthcare infrastructure, are contributing to the market growth across the country further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States insulin pumps market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type and distribution channel.

Breakup by Product Type:

• Insulin Pumps
  • Tethered Pumps
  • Disposable/Patch Insulin Pumps
• Insulin Pump Supplies and Accessories
  • Infusion Set Insertion Devices
  • Insulin Reservoirs/Cartridges
     

Breakup by Distribution Channel:

• Hospital Pharmacy
• Retail Pharmacy
• Online Sales
• Diabetes Clinics/ Centers
• Others
   

Breakup by Region:

• Northeast
• Midwest
• South
• West
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the United States insulin pumps market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States insulin pumps market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the United States insulin pumps market and who are the key players?
• What is the degree of competition in the industry?