Press release
Artificial Pancreas Device System (APDS) Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Artificial Pancreas Device System (APDS) Market
Artificial pancreas is the outcome of these collaborations which is also encouraged for use by the FDA. Artificial pancreas device system (APDS) consists of an insulin pump, sensor, transmitter, and a receiver. MiniMed 530G from Medtronic, Inc. was the first artificial pancreas device system (APDS) approved by FDA.
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Eating habits of type 1 diabetes patients is highly curtailed, complemented by regular administration of insulin. Type 1 diabetes patients require multiple doses of insulin in a day and all-round the year. Advancements in research and technology has led to commercialization of easy-to-us insulin delivery systems such as insulin pens, pumps, inhaled insulin, and injectors. Use of syringes to deliver insulin has become obsolete with the introduction of advanced and easy-to-use insulin delivery systems mentioned above. Moreover, these systems offer the convenience to self-administer insulin at home. An artificial pancreas is a novel concept that promises to revolutionize the entire diabetes market. The system automatically detects glucose level in patient’s blood or plasma and accordingly administers the necessary dosage of insulin. Medtronic’s MiniMed 670G is one such wearable artificial pancreas. The system is automated to monitor glucose levels and deliver insulin through an insulin pump attached to the system. The artificial pancreas system comprises a transmitter, sensor, and insulin pump. This helps in continuous monitoring and diabetes management at ease.
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Key Vendors of Artificial Pancreas Device System (APDS) Market: Medtronic, Medtrum, Tandem Diabetes Care, Inc., Johnson & Johnson, Beta Bionics, Bigfoot Biomedical, and Insulet Corporation
Detailed Segmentation:
Global Artificial Pancreas Device System (APDS) Market, By Technology:
Threshold Suspended Device Systems
Treat to Range/Control to Range (TTR/CTR)
Treat to Target/ Control to Target (TTR/CTT)
Global Artificial Pancreas Device System (APDS) Market, By Distribution Channel:
E-commerce
Standalone Retail Shops
Hospitals
Global Artificial Pancreas Device System (APDS) Market, By End User:
Type 1 Diabetic Patients
Type 2 Diabetic Patients
Global Artificial Pancreas Device System (APDS) Market, By Geography:
North America
Europe
Asia-Pacific
Latin America
Middle East
Africa
Company Profiles
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