The India insulin pumps market size was valued at USD 11.3 million in 2018 and is projected to reach USD 18.5 million by 2025, exhibiting a CAGR of 9.0% during the forecast period.
The India Insulin Pumps Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The India Insulin Pumps Market by region.
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One of the crucial drivers for the market growth of insulin pumps is the prevalence of diabetes in India. The country currently carries almost half of the world’s diabetes burden. This is propelling the participation by public players in the country to improve the reimbursement policies for diabetes treatment and provide free health insurance to the population. The prevalence of diabetes has increased by 64% in the country over a quarter-century, according to a report published by the Indian Council for Medical Research. The rising patient pool, coupled with the increasing expenditure of the population on healthcare is augmenting the uptake of insulin pumps in the country. It will aid the India insulin pumps market growth in the coming years.
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Pre-Post COVID-19 Impact on Global India Insulin Pumps Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the India Insulin Pumps Market, since end-user industries were still not operating at their full capacity.
Who are the Major India Insulin Pumps Market Vendors?
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This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the India Insulin Pumps Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
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|North America||United States, Canada and Mexico|
|Europe||Germany, UK, France, Italy, Russia and Turkey etc.|
|Asia-Pacific||China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam etc.|
|South America||Brazil, Argentina, Columbia etc.|
|Middle East & Africa||Saudi Arabia, UAE, Egypt, Nigeria and South Africa|
- How big is the India Insulin Pumps Market?
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- What are the fastest growing industries?
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