India Insulin Pumps Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “India Insulin Pumps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the India insulin pumps market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The India insulin pumps market is projected to exhibit a growth rate (CAGR) of 9.23% during 2023-2028.
Insulin pumps, also known as continuous subcutaneous insulin infusion (CSII) systems, are small, programmable electronic devices that deliver a steady stream of insulin into the body. They comprise tethered pumps, which are connected to the body through a thin tube, which delivers insulin from the pump to the infusion site. They also consist of patch pumps, which are tubeless and adhere directly to the skin. They are designed to mimic the natural release of insulin from the pancreas, providing precise control over blood sugar levels for people with diabetes. They deliver a continuous basal rate of insulin throughout the day, providing a stable foundation for blood sugar control. They are programmable, allowing users to set different basal rates and bolus doses according to their unique needs and lifestyles. They use an infusion set, which consists of a small, flexible tube and a cannula, to deliver insulin beneath the surface of the skin.
India Insulin Pumps Market Trends and Drivers:
At present, the increasing incidence of both type 1 and type 2 diabetes among the masses due to the adoption of unhealthy lifestyles and consumption of calorie-rich diets represents one of the crucial factors impelling the growth of the market in India. Besides this, the rising integration of smart features, such as continuous glucose monitoring and connectivity with mobile devices, is making insulin pumps more user-friendly and attractive to patients. Additionally, the shift towards minimally invasive and wearable insulin pump systems is gaining popularity among the masses for enhancing patient comfort and convenience. Healthcare providers and patients alike are increasingly recognizing the benefits of customized treatment regimens, which is driving the adoption of insulin pumps for tailored insulin delivery, enabling patients to adjust their dosages as needed. Moreover, the cost-effectiveness of insulin pump therapy, compared to traditional insulin injection methods, is bolstering the market growth in the country. Furthermore, the increasing demand for insulin pumps among senior citizens, as they provide a convenient and effective means of managing diabetes, is supporting the market growth.
India Insulin Pumps Market 2023-2028 Analysis and Segmentation:
The report segmented the market on the basis of region, product type and distribution channel.
Product Type Insights:
- Insulin Pumps
- Tethered Pumps
- Disposable/Patch Insulin Pumps
- Insulin Pumps Supplies and Accessories
- Infusion Set Insertion Devices
- Insulin Reservoirs/Cartridges
Distribution Channel Insights:
- Hospital Pharmacy
- Retail Pharmacy
- Online Sales
- Diabetes Clinics/Centers
- Others
Regional Insights:
- South India
- North India
- West & Central India
- East India
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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