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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