UAE Insulin Pumps Market to Be Dominated by Type 1 Diabetes Till 2027
The high number of diabetic
patients and the elevating awareness among the diabetic individuals regarding
the management of diabetes are expected to boost the growth of UAE Insulin
Pumps Market in the forecast period, 2023-2027.
According to TechSci Research report, “UAE Insulin Pumps Market By Region,
Competition Forecast & Opportunities, 2027”, the UAE Insulin Pumps market is expected to witness
growth at a significant rate in 2023-2027. Insulin pumps represent a portable
device which can be attached to the body to deliver amounts of short or rapid
acting insulin in the body to regulate diabetes. Insulin therapy is needed in
type 1 diabetes and sometime in type 2 diabetes that serves as an effective
alternative to insulin injections. It assists in delivering the insulin as per
the need of body as basal rate for maintaining normal function of body that is
programmed by health care professionals.
Diabetes elevates the risk of stroke,
kidney failure, and blindness which further increases healthcare expenditure
drives market growth. In line with this,
numerous manufacturers are focusing to create affordable and adaptability
medication delivery devices which accelerates the market growth. Moreover, the
inflating need for regularly monitoring and managing the blood glucose levels
is also augmenting the demand for the insulin pumps. The continuous
technological upgradations in the drug delivery systems are further offering
lucrative growth opportunities to the market players.
However, innovations of various
alternatives such as insulin pens and the higher cost of insulin pumps may restrain the
growth for UAE Insulin Pumps market during the forecast period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UAE INSULIN PUMPS MARKET"
The UAE Insulin Pumps market is
segmented into type, insulin used, application, end user, regional
distribution, and competitive landscape.
Based on type, the market is bifurcated into
traditional insulin pumps and patch pumps. Patch pump segment is
estimated to hold the largest market share due to the growing adoption of the
patch pumps. It offers various benefits such as convenience and easy attachment
to the skin surface as well as effective drug delivery. Insulin pumps are
gaining popularity among the patients on account of its compact size.
Based on insulin used, the market is segmented into
short acting insulin and rapid acting insulin. Rapid acting insulin is expected
a significant growth rate during the forecast period, 2023-2027. The rising
number of lifestyle diseases including diabetes propels the growth for rapid
acting insulin.
Based on application, the market is segmented into type
1 diabetes and type 2 diabetes. Rapid Type 1 diabetes is projected to witness a
higher growth rate during the forecast period, 2023-2027. The growing number of
patients suffering from type 1 diabetes is propelling the market growth of
insulin pumps across the UAE.
Based on end user, the market is segmented into hospitals
& clinics, diagnostic centers, and home care. Homecare segment is expected
to witness the largest share in the forecast period, 2023-2027. The elevating
penetration of the online and the offline retail pharmacies across UAE is
facilitating easy availability of the insulin pumps. Additionally, the rising
awareness about the insulin pumps is also driving the growth of the homecare
segment.
Leading market players operating in the
UAE Insulin Pumps market are:
- Medtronic Meta FZ-LLC
- Roche UAE, Abbott Laboratories
- S.A., Nipro Middle East FZE
- B. Braun Medical Gulf Fz-LLC
- Terumo Middle East FZE
- Becton Dickinson, and Company
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“The expanding awareness regarding diabetes across the
UAE population and numerous insulin variety as well as several methods to
deliver insulin drives the market growth. Insulin pumps are small, portable,
and durable and considered as user friendly device. In addition to this,
battery compartment and reservoir compartment is also compact. The decreasing
number of insulin injection due to insulin pumps and precise delivery of
insulin by utilizing insulin pumps to gain better control on diabetes. Enhanced
access to the healthcare facilities and easy availability of the advanced
insulin pumps in the market is significantly bolstering the growth of the
insulin pump market in UAE. Several product innovations by leading
manufacturers in the drug delivery devices is anticipated to fuel the UAE Insulin Pumps market growth till 2027”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm”.
“UAE Insulin Pumps Market
- By Type (Traditional Insulin Pumps v/s Patch Pumps), By Insulin Used (Short
Acting Insulin v/s Rapid Acting Insulin), By Application (Type 1 Diabetes v/s
Type 2 Diabetes), By End User (Hospitals & Clinics, Diagnostic Centers,
Home Care), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential
of UAE Insulin Pumps market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and assist decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with significant drivers, challenges, and opportunities
in UAE Insulin Pumps market.
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