Europe insulin pump market is projected to be more than US$ 2.4 Billion by the end of the year 2024. The numbers of factors contributing to the growth of insulin pump in Europe are growing the aging population, increasing the prevalence of diabetes, raising awareness regarding benefits of an insulin pump, increasing per capita disposable income and progressive diabetes infrastructure. Although the potential of insulin pump market in Europe is very high due to its large diabetes population. Gradually advancement of insulin pumps and its skyrocket adoption among diabetes patient over conventional techniques are opening solid opportunities for the insulin pump market in Europe. On contrary, the high cost of an insulin pump, inadequate reimbursement policies and availability of others substitutes are hindering the insulin pump market in Europe.
Europe is one of the best regions in the world, where healthcare provider is well aligned and diabetes institutional network are properly scattered to capture the whole demography. Thus service is available for everyone in terms of diabetes training for healthcare certified professional (HCP), assistant staff and new patients. Moreover, there is a large number of insulin pump manufacturer in Europe launching new products from time to time with great advancement and features.
Germany is one of the biggest markets for Insulin Pump in Europe
In Europe, Germany is one of the biggest markets for insulin pump due to its large number of a diabetes patient, type 1 diabetes patient, and improved reimbursement policies. The report covers the following 6 European countries Diabetes insulin pump market, insulin pump users its growth forecast, Number of Type 1 and Type 2 diabetes population in each country.
Europe Insulin Pump Reimbursement Policies
This report covers in-depth analysis of Insulin pump reimbursement policy of 6 major countries in Europe (Germany, France, Netherlands, Switzerland, Sweden and United Kingdom). In this report, we also covered diabetes national framework and priority of the government. In addition, we mentioned what criteria are required to get insulin pump reimbursed.
Countries Covered:
1. Germany
2. France
3. Netherlands
4. Switzerland
5. Sweden
6. United Kingdom
The scope of the Report:
- Insulin Pump Market & Forecast: This report comprises of the insulin pump market and volume of the user of 6 countries. Market data from 2010 to 2017 and Forecast period from 2018 to 2024.
- Reimbursement Policy: Report covers the details of separate reimbursement policy for 6 countries including Insulin Pumps, Diabetes Supplies (Blood Glucose Devices, Test Strips, Lancets, Disposable Needles, Syringe, Ketone Urine Testing Strips, and Pen Delivery etc)
- Training Models: This topic shows through flow chart method, how a company provides training. This segment company Training program for its staff includes physicians, Certified Diabetes Educators (including nurse educators, dietitians, and exercise physiologists) and support staff with expertise in insulin pump therapy and Training program for patients have been described through flow chart method.
- Differentiation Points of Insulin Pump Products: This report discusses pros and cons of the insulin pumps: Animas Vibe, Medtronic 530G with Enlite, Insulet OmniPod, Tandem t: slim, Roche Accu-Chek Combo.
- Clinical Trials of Insulin Pumps: This report covers the details of clinical trials results for companies on Insulin Pumps. Following are the details of the companies associated with insulin pumps- Medtronic, Insulet Corporation, Tandem Diabetes Care, Roche and Animas Corporation.
- Growth Drivers for Insulin Pumps: This report tells about the factors which are helping the Insulin Pump industry to grow.
- Challenges for Insulin Pumps: This report covers the problems being faced by the insulin Pump industry.
Table of Contents
1. Executive Summary2. Europe Insulin Pump Users (2010 - 2024)3. Europe Insulin Pump Market (2010 - 2024)
Samples
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Companies Mentioned
- Animas Corporation
- Insulet Corporation
- Medtronic
- Roche
- Tandem Diabetes Care
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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