Top Companies in Insulin Pump Market 2019 | Share Analysis, Market Value, Size Estimation, Future Trends and Global Industry Insights | Medgadget

The Global Insulin Pump Market size is expected to reach a valuation of 8,520.9 million USD with exhibiting a CAGR of 8.4% from 2017 to 2023 (forecast period). The presence or lack of insulin, a hormone used for producing sugar in the body, can lead to type I or type II diabetes. Patients with hectic work schedules or living in urban regions require the need for special devices to ensure the continuous intake of insulin. Insulin pumps are computerized devices which have a similar functioning to human pancreas and deliver small doses of insulin during or after meal consumption. The global insulin pump market report by Market Research Future (MRFR) contains an analysis of trends as well as a list of drivers and opportunities. High prevalence of diabetes is one of the biggest insulin pump market drivers. According to the International Diabetes Federation (IDF), nearly 642 million adults can be affected with diabetes by 2040. China and India are countries with the largest reported numbers

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