The Artificial Pancreas Device System (APDS) Market size is expected to grow at an annual average of 20% during 2021-2027. The artificial pancreas device system consists of two types of devices for monitoring diabetes: a continuous glucose monitoring system (CGM) and an insulin infusion pump. A blood glucose meter used to calibrate the CGM (such as a glucose meter). These devices are intended to reduce hypoglycemic exodus by automatically stopping insulin administration for up to two hours when an individual’s glucose level falls below a preset level if the individual does not respond to a threshold suspend alarm. In 2016, the MiniMed 670G system (Medtronic), a hybrid closed-loop insulin delivery system, received FDA approval. This device is the first fully automated artificial pancreatic device system. It consists of an insulin pump, a blood glucose meter, a transmitter connected with a proprietary algorithm, and a SmartGuard Hybrid Closed Loop.
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The following segmentation are covered in this report:
By Device Type
- Threshold suspended device system
- CTR System
- CTT System
Key Players
- Defymed
- TypeZero Technologies, Inc.
- Insulet Corporation
- Bigfoot Biomedical, Inc.
- Medtronic
- Dexcom, Inc.
- Admetsys
- Beta Bionics
- Cellnovo
- Tandem Diabetes Care, Inc.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Artificial Pancreas Device System (APDS) Market
- The market share of the global Artificial Pancreas Device System (APDS) Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Artificial Pancreas Device System (APDS) Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Artificial Pancreas Device System (APDS) Market
Scope of the report
The research study analyses the Artificial Pancreas Device System (APDS) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Artificial Pancreas Device System (APDS) Market Report
- What was the Artificial Pancreas Device System (APDS) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Artificial Pancreas Device System (APDS) Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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