The Global Market for Insulin Pumps (External) is Projected to Reach US$3.9 Billion by 2022
Rise in Insulin Dependent Diabetes Mellitus & Innovation in Insulin Delivery Techniques Drives Demand for External Insulin Pumps, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Insulin Pumps (External) market. The global market for Insulin Pumps (External) is projected to reach US$3.9 billion by 2022 , driven by growing prevalence of diabetes, shift towards more convenient solutions for insulin infusion, and technological developments in insulin pumps. The market for diabetes monitoring and treatment products is transitioning from conventional devices to more advanced versions. From blood glucose meters, insulin syringes and insulin pens, the market is gradually shifting towards less-invasive solutions and devices that enable inter-device communications for more integrated diabetes management and therapy. Devices that are par...