Global Patch Pump Drug Delivery Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24759839

Publishing Date : 25-Aug-2023

No. of pages : 112

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  • According to the latest research, the global Patch Pump Drug Delivery market size was valued at USD 116432.06 million in 2022 and is expected to expand at a CAGR of 6.64% during the forecast period, reaching USD 171269.13 million by 2028.


    Patch pumps are the convergence of several technologies into a single drug delivery device package. In doing so, this class of devices overcomes a number of shortcomings and limitations, while simplifying the drug administration event at the patient interface. Patch Pump Drug Delivery System does not have tubing, it is worn like a patch. Insulin pumps, such as Tandem slim X2TM and Animas® (Johnson & Johnson) insulin pump do not classify as patch pumps. Patch pumps have been around for years delivering insulin to diabetes patients with the promise of improving quality of life in managing their disease, but a number of devices have been designed and are being developed to be - within the limits of drug pharmacology - essentially API agnostic. There are however other drugs with treatment regimes that could benefit from the ease of use of a body-worn patch pump and it looks like that is starting to happen.



    The growth of the patch pump drug delivery system market is largely driven by downstream

    consumptions. A longer life span is expected to translate to a growing number of patients diagnosed with chronic conditions. With incidence rates climbing, medical device manufacturers are seeking solutions to help diabetes patients live active lives, especially for the millions of young people affected by the disease. Key advantage of drug delivery systems is that they allow the drug to target a specific site of action. This enables the drug's effect to be more localized and for sites to be targeted that would otherwise be difficult to reach. Drugs that are more site-specific can also help minimize undesired side effects. What is more, the technological advance, the entrance of international large enterprises, the growth of small businesses will also promote the patch pump drug delivery system market. However, side effects, the promulgation of relevant laws and regulations, especially in North America and Europe will affect the development of the industry to a certain extent. Alternatives are easy to get, such as pens, syringes, and injectors, they are much cheaper, user-friendly and reliable in our daily life. Other limitations include the device complexity, reimbursement constraints and high out-of-pocket-cost for patients.



    Driving Factors

    Improving living standards all over the world Growing population of diabetics world wide Smaller, more discrete and easier to use Patch Pump Drug Delivery System.



    Market Restraints

    Technology Concentrated Long product development cycle Each country's regulatory measures are more stringent Strict regulations from FDA and European countries.



    Opportunities

    Government Policy Support Human-friendly product development.



    Region Overview:

    North America had the highest growth rate of all regions.



    Company Overview:

    The top three companies are Insulet Corporation, Medtronic, Valeritas, with the revenue market share of 39.76%, 14.58%, and 8.75% in 2016.



    Segmentation Overview:

    Among different product types, Electronic Delivery Devices segment is anticipated to contribute the largest market share in 2027.



    Application Overview:

    By application, the Type 1 Diabetes segment occupied the biggest share from 2017 to 2022.



    This report elaborates on the market size, market characteristics, and market growth of the Patch Pump Drug Delivery industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Patch Pump Drug Delivery. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.



    Key Points this Global Patch Pump Drug Delivery Market Report Include:

    Market Size Estimates: Patch Pump Drug Delivery market size estimation in terms of revenue and sales from 2018-2028

    Market Dynamic and Trends: Patch Pump Drug Delivery market drivers, restraints, opportunities, and challenges

    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Patch Pump Drug Delivery market

    Segment Market Analysis: Patch Pump Drug Delivery market revenue and sales by type and by application from 2018-2028

    Regional Market Analysis: Patch Pump Drug Delivery market situations and prospects in major and top regions and countries

    Patch Pump Drug Delivery Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.

    Patch Pump Drug Delivery Industry Chain: Patch Pump Drug Delivery market raw materials & suppliers, manufacturing process, distributors by region, downstream customers

    Patch Pump Drug Delivery Industry News, Policies by regions

    Patch Pump Drug Delivery Industry Porters Five Forces Analysis



    Key players in the global Patch Pump Drug Delivery market are covered in Chapter 2:

    Valeritas
    Insulet Corporation
    Weibel CDS AG
    Sensile Medical AG
    Cellnovo Limited.
    ToucheMedical
    Amgen
    Debiotech S.A.
    CeQur SA.
    EOFLOW CO., LTD.
    Medtronic


    In Chapter 6 and Chapter 9, on the basis of types, the Patch Pump Drug Delivery market from 2018 to 2028 is primarily split into:

    Mechanical Delivery Devices
    Electronic Delivery Devices


    In Chapter 7 and Chapter 10, on the basis of applications, the Patch Pump Drug Delivery market from 2018 to 2028 covers:

    Type 1 Diabetes
    Type 2 Diabetes
    others


    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:

    United States

    Europe

    China

    Japan

    India

    Southeast Asia

    Latin America

    Middle East and Africa

    Others



    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.



    Chapter Outline

    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:



    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Patch Pump Drug Delivery market size in terms of revenue, sales volume, and average price.



    Chapter 2 analyzes the main companies in the Patch Pump Drug Delivery industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.



    Chapter 3 is an analysis of the competitive environment of Patch Pump Drug Delivery market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.



    Chapter 4 is an analysis of the Patch Pump Drug Delivery industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.



    Chapter 5 focuses on Patch Pump Drug Delivery market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.



    Chapters 6-8 have segmented the Patch Pump Drug Delivery market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.



    Chapters 9-11 provide detailed Patch Pump Drug Delivery market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.



    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.



    Years considered for this report:



    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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