Report Highlights
Pancreas is one of the major endocrine gland which secretes hormones released directly into the blood. Pancreas is around 6 inches long located in the abdominal cavity. Pancreas produce the vital hormones of insulin, pancreatic polypeptide, glucagon and somatostatin. Pancreas aid in digestion and absorption processes by secreting the pancreatic juice which contains digestive enzymes. The Artificial Pancreas Device System is used in the treatment of Type 1 Diabetes. Type 1 diabetes patients require multiple doses of insulin in a day and all-round the year. The Artificial Pancreas Device System is also referred to as the closed-loop system or autonomous system for glycemic control or bionic pancreas. The Artificial Pancreas Device System simulates the glucose regulation function of a healthy pancreas. The continuous glucose monitoring is done by placing the sensor subcutaneously to measure the glucose level in the fluid around the cells. A transmitter sends information of glucose level estimates and their rate of change to the receiver. Control algorithm software embedded in an external controller performs mathematical calculations to send dosing instruction to the insulin infusion pumps, computer or smartphone. Depending on the dosing instructions, the insulin infusion pump regulates the level of insulin delivery to the subcutaneous tissue.
Artificial Pancreas Device System Market: Drivers & Restraints
The Food and Drug Administration (FDA) is collaborating with private and government research institutions to improvise clinical studies and accelerate the development of the Artificial Pancreas Device Systems. In October 2012, the FDA released a document on requirements of clinical studies and premarket approval applications for the production Artificial Pancreas Device Systems. This will encourage the manufacturing of Artificial Pancreas Device Systems and drive the growth of the global Artificial Pancreas Device System market. The patients need to calibrate the continuous glucose monitor at equal intervals. Also, the continuous glucose monitoring sensors are subjected to biofouling and fibrosis when they are placed subcutaneously which alters the productivity of sensors. The FDA has identified issues in the components and software of insulin infusion pumps. The insulin used currently in the Artificial Pancreas Device Systems takes longer duration of time to completely absorb. Such factors related to Artificial Pancreas Device Systems could potentially hamper the growth of the global Artificial Pancreas Device Systems market.
Artificial Pancreas Device System Market: Segmentation
Artificial Pancreas Device System market is classified on the basis product type and geography.
Based on product type, the global Artificial Pancreas Device System market is segmented into the following:
- Threshold Suspend Device System
- Control-to-Range (CTR) System
- Control -to-Target (CTT) System
Artificial Pancreas Device System Market: Overview
The concentration of glucose in the blood of the patient is very dynamic and is affected by the patient’s physical activity and diet. The Artificial Pancreas Device System helps in the sustenance of life of type 1 diabetes patients. The Artificial Pancreas Device System does the function of beta cells of a healthy pancreas. Type 1 diabetes patient have to closely monitor blood glucose levels in order to avoid hyperglycemia and hypoglycemia which leads to long-term diabetes complications such as seizures, coma and even death. Thus, blood glucose monitoring on a daily basis is essential and the Artificial Pancreas Device System is the solution to it.
Artificial Pancreas Device System Market: Region-wise Outlook
Depending on geographic regions, global Artificial Pancreas Device System market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. India, China, USA, Indonesia, Pakistan and Japan are the top six countries with the highest number of estimated cases of diabetes. As a result, Asia Pacific and North America are anticipated to be the potential markets for the global Artificial Pancreas Device System market players.
Artificial Pancreas Device System Market: Key Players
Some of the key market players in global Artificial Pancreas Device System market are Pancreum, LLC, Medtronic, Inc. and JDRF. In the near future, the global Artificial Pancreas Device System manufacturers have to develop products which will not only monitor but also adjust the blood glucose levels rapidly without the need of intervention of the patient.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
Report Synopsis
Report Metrics | Details |
Base year considered | 2022 |
Forecast period considered | 2022-2032 |
Units considered | $ Million |
Segments covered | By Type, By End User, By Region |
Industry covered | Healthcare |
Countries covered | North America, Latin America, Asia Pacific, MEA, Europe |
Companies studied |
|
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Rest of Western Europe)
- Eastern Europe (Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
- Table 1 : Global Market Value (US$ Mn) Forecast by Region, 2017-2032
- Table 2 : Global Market Volume (Units) Forecast by Region, 2017-2032
- Table 3 : Global Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 4 : Global Market Volume (Units) Forecast by Type, 2017-2032
- Table 5 : Global Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 6 : Global Market Volume (Units) Forecast by End User, 2017-2032
- Table 7 : North America Market Value (US$ Mn) Forecast by Country, 2017-2032
- Table 8 : North America Market Volume (Units) Forecast by Country, 2017-2032
- Table 9 : North America Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 10 : North America Market Volume (Units) Forecast by Type, 2017-2032
- Table 11 : North America Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 12 : North America Market Volume (Units) Forecast by End User, 2017-2032
- Table 13 : Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
- Table 14 : Latin America Market Volume (Units) Forecast by Country, 2017-2032
- Table 15 : Latin America Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 16 : Latin America Market Volume (Units) Forecast by Type, 2017-2032
- Table 17 : Latin America Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 18 : Latin America Market Volume (Units) Forecast by End User, 2017-2032
- Table 19 : Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
- Table 20 : Europe Market Volume (Units) Forecast by Country, 2017-2032
- Table 21 : Europe Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 22 : Europe Market Volume (Units) Forecast by Type, 2017-2032
- Table 23 : Europe Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 24 : Europe Market Volume (Units) Forecast by End User, 2017-2032
- Table 25 : East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
- Table 26 : East Asia Market Volume (Units) Forecast by Country, 2017-2032
- Table 27 : East Asia Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 28 : East Asia Market Volume (Units) Forecast by Type, 2017-2032
- Table 29 : East Asia Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 30 : East Asia Market Volume (Units) Forecast by End User, 2017-2032
- Table 31 : South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
- Table 32 : South Asia & Pacific Market Volume (Units) Forecast by Country, 2017-2032
- Table 33 : South Asia & Pacific Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 34 : South Asia & Pacific Market Volume (Units) Forecast by Type, 2017-2032
- Table 35 : South Asia & Pacific Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 36 : South Asia & Pacific Market Volume (Units) Forecast by End User, 2017-2032
- Table 37 : MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
- Table 38 : MEA Market Volume (Units) Forecast by Country, 2017-2032
- Table 39 : MEA Market Value (US$ Mn) Forecast by Type, 2017-2032
- Table 40 : MEA Market Volume (Units) Forecast by Type, 2017-2032
- Table 41 : MEA Market Value (US$ Mn) Forecast by End User, 2017-2032
- Table 42 : MEA Market Volume (Units) Forecast by End User, 2017-2032
- Figure 1 : Global Market Value (US$ Mn) by Type, 2022-2032
- Figure 2 : Global Market Value (US$ Mn) by End User, 2022-2032
- Figure 3 : Global Market Value (US$ Mn) by Region, 2022-2032
- Figure 4 : Global Market Value (US$ Mn) Analysis by Region, 2017-2032
- Figure 5 : Global Market Volume (Units) Analysis by Region, 2017-2032
- Figure 6 : Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
- Figure 7 : Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
- Figure 8 : Global Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 9 : Global Market Volume (Units) Analysis by Type, 2017-2032
- Figure 10 : Global Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 11 : Global Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 12 : Global Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 13 : Global Market Volume (Units) Analysis by End User, 2017-2032
- Figure 14 : Global Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 15 : Global Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 16 : Global Market Attractiveness by Type, 2022-2032
- Figure 17 : Global Market Attractiveness by End User, 2022-2032
- Figure 18 : Global Market Attractiveness by Region, 2022-2032
- Figure 19 : North America Market Value (US$ Mn) by Type, 2022-2032
- Figure 20 : North America Market Value (US$ Mn) by End User, 2022-2032
- Figure 21 : North America Market Value (US$ Mn) by Country, 2022-2032
- Figure 22 : North America Market Value (US$ Mn) Analysis by Country, 2017-2032
- Figure 23 : North America Market Volume (Units) Analysis by Country, 2017-2032
- Figure 24 : North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
- Figure 25 : North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
- Figure 26 : North America Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 27 : North America Market Volume (Units) Analysis by Type, 2017-2032
- Figure 28 : North America Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 29 : North America Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 30 : North America Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 31 : North America Market Volume (Units) Analysis by End User, 2017-2032
- Figure 32 : North America Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 33 : North America Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 34 : North America Market Attractiveness by Type, 2022-2032
- Figure 35 : North America Market Attractiveness by End User, 2022-2032
- Figure 36 : North America Market Attractiveness by Country, 2022-2032
- Figure 37 : Latin America Market Value (US$ Mn) by Type, 2022-2032
- Figure 38 : Latin America Market Value (US$ Mn) by End User, 2022-2032
- Figure 39 : Latin America Market Value (US$ Mn) by Country, 2022-2032
- Figure 40 : Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
- Figure 41 : Latin America Market Volume (Units) Analysis by Country, 2017-2032
- Figure 42 : Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
- Figure 43 : Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
- Figure 44 : Latin America Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 45 : Latin America Market Volume (Units) Analysis by Type, 2017-2032
- Figure 46 : Latin America Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 47 : Latin America Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 48 : Latin America Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 49 : Latin America Market Volume (Units) Analysis by End User, 2017-2032
- Figure 50 : Latin America Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 51 : Latin America Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 52 : Latin America Market Attractiveness by Type, 2022-2032
- Figure 53 : Latin America Market Attractiveness by End User, 2022-2032
- Figure 54 : Latin America Market Attractiveness by Country, 2022-2032
- Figure 55 : Europe Market Value (US$ Mn) by Type, 2022-2032
- Figure 56 : Europe Market Value (US$ Mn) by End User, 2022-2032
- Figure 57 : Europe Market Value (US$ Mn) by Country, 2022-2032
- Figure 58 : Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
- Figure 59 : Europe Market Volume (Units) Analysis by Country, 2017-2032
- Figure 60 : Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
- Figure 61 : Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
- Figure 62 : Europe Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 63 : Europe Market Volume (Units) Analysis by Type, 2017-2032
- Figure 64 : Europe Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 65 : Europe Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 66 : Europe Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 67 : Europe Market Volume (Units) Analysis by End User, 2017-2032
- Figure 68 : Europe Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 69 : Europe Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 70 : Europe Market Attractiveness by Type, 2022-2032
- Figure 71 : Europe Market Attractiveness by End User, 2022-2032
- Figure 72 : Europe Market Attractiveness by Country, 2022-2032
- Figure 73 : East Asia Market Value (US$ Mn) by Type, 2022-2032
- Figure 74 : East Asia Market Value (US$ Mn) by End User, 2022-2032
- Figure 75 : East Asia Market Value (US$ Mn) by Country, 2022-2032
- Figure 76 : East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
- Figure 77 : East Asia Market Volume (Units) Analysis by Country, 2017-2032
- Figure 78 : East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
- Figure 79 : East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
- Figure 80 : East Asia Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 81 : East Asia Market Volume (Units) Analysis by Type, 2017-2032
- Figure 82 : East Asia Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 83 : East Asia Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 84 : East Asia Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 85 : East Asia Market Volume (Units) Analysis by End User, 2017-2032
- Figure 86 : East Asia Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 87 : East Asia Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 88 : East Asia Market Attractiveness by Type, 2022-2032
- Figure 89 : East Asia Market Attractiveness by End User, 2022-2032
- Figure 90 : East Asia Market Attractiveness by Country, 2022-2032
- Figure 91 : South Asia & Pacific Market Value (US$ Mn) by Type, 2022-2032
- Figure 92 : South Asia & Pacific Market Value (US$ Mn) by End User, 2022-2032
- Figure 93 : South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032
- Figure 94 : South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
- Figure 95 : South Asia & Pacific Market Volume (Units) Analysis by Country, 2017-2032
- Figure 96 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
- Figure 97 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
- Figure 98 : South Asia & Pacific Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 99 : South Asia & Pacific Market Volume (Units) Analysis by Type, 2017-2032
- Figure 100 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 101 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 102 : South Asia & Pacific Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 103 : South Asia & Pacific Market Volume (Units) Analysis by End User, 2017-2032
- Figure 104 : South Asia & Pacific Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 105 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 106 : South Asia & Pacific Market Attractiveness by Type, 2022-2032
- Figure 107 : South Asia & Pacific Market Attractiveness by End User, 2022-2032
- Figure 108 : South Asia & Pacific Market Attractiveness by Country, 2022-2032
- Figure 109 : MEA Market Value (US$ Mn) by Type, 2022-2032
- Figure 110 : MEA Market Value (US$ Mn) by End User, 2022-2032
- Figure 111 : MEA Market Value (US$ Mn) by Country, 2022-2032
- Figure 112 : MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
- Figure 113 : MEA Market Volume (Units) Analysis by Country, 2017-2032
- Figure 114 : MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
- Figure 115 : MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
- Figure 116 : MEA Market Value (US$ Mn) Analysis by Type, 2017-2032
- Figure 117 : MEA Market Volume (Units) Analysis by Type, 2017-2032
- Figure 118 : MEA Market Value Share (%) and BPS Analysis by Type, 2022-2032
- Figure 119 : MEA Market Y-o-Y Growth (%) Projections by Type, 2022-2032
- Figure 120 : MEA Market Value (US$ Mn) Analysis by End User, 2017-2032
- Figure 121 : MEA Market Volume (Units) Analysis by End User, 2017-2032
- Figure 122 : MEA Market Value Share (%) and BPS Analysis by End User, 2022-2032
- Figure 123 : MEA Market Y-o-Y Growth (%) Projections by End User, 2022-2032
- Figure 124 : MEA Market Attractiveness by Type, 2022-2032
- Figure 125 : MEA Market Attractiveness by End User, 2022-2032
- Figure 126 : MEA Market Attractiveness by Country, 2022-2032
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