Global Automated Insulin Delivery System Market 20242-2030

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    AUTOMATED INSULIN DELIVERY SYSTEM MARKET

     

    INTRODUCTION

    The controller, an insulin delivery system like an insulin pump, and a glucose detecting system like a continuous glucose monitor make up the three main parts of AID systems, which are feedback loops.

     

    The purpose of AIDs is to perform the function of the pancreas. People with type 1 diabetes (T1D), an autoimmune disease in which the body kills its insulin-producing cells, are the main users of these products. 

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     AUTOMATED INSULIN DELIVERY SYSTEM MARKET SIZE AND FORECAST

     

    The Global Automated Insulin Delivery System market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

     AUTOMATED INSULIN DELIVERY SYSTEM MARKET MARKET DYNAMICS

    In order to provide customised automated insulin delivery and care for people with diabetes, Abbott and Insulet Corporation entered into a partnership agreement to integrate Abbott’s glucose-sensing technology with Insulet’s next-generation tubeless system, the Omnipod HorizonT Automated Insulin Delivery System (Omnipod Horizon System).

     

    The contract for the cooperative development of an automated insulin delivery (AID) solution with exclusive distribution rights in Japan was inked by the French company Diabeloop, a pioneer in therapeutic AI, and Terumo Corporation. The cutting-edge insulin patch pump from Terumo will be integrated into the Diabeloop system.

     

    For its MiniMed 780G system, a cutting-edge closed-loop insulin pump system for the treatment of type 1 diabetes in patients aged 7 to 80, Medtronic has achieved the Conformité Européenne Marking.

     

     AUTOMATED INSULIN DELIVERY SYSTEM MARKET NEW PRODUCT LAUNCH

    Insulet launched the full market release of the Omnipod 5 Automated Insulin Delivery System. They continue to increase access to Omnipod 5 and offer a best-in-class experience to more people with type 1 diabetes due to the enormous demand for the tubeless AID system and remarkable clinical outcomes.

     

    They have accomplished their team’s objectives and timescale by using the lessons learned during the limited market release. They are delighted to announce that Omnipod 5 is completely accessible to anybody with a prescription and insurance through retail, specialty, and mail-order pharmacies. 

     

    The Omnipod 5 is the first tubeless AID device in the United States that combines with the Dexcom G6 CGM system to assist guard against high and low glucose levels 1.The Omnipod 5 Controller, which is provided to every customer, or a compatible smartphone2 are the only options available with this tubeless AID.

     

    In order to make this option available to as many individuals with diabetes as possible, Insulet is continuing to increase the number of smartphones that it supports. Such a game-changing innovation has been Omnipod 5.Their patients’ time in range has significantly improved, and they are working much less and experiencing no nocturnal lows. 

     

    More peace of mind, particularly over the course of the night, has been provided to parents and other caregivers, and that is invaluable. Because it is a tubeless AID, people no longer need to choose between greater results and a better match for their lifestyle.Many people have expressed their immense happiness and sense of freedom in using Omnipod 5.

     

    They  see why there is such a high demand for this product. They  had to cope with the ups and downs of blood sugar levels for the past few decades due to using insulin pens. 

     

    The only insulin pumps available through the pharmacy channel are the Omnipod 5 and Omnipod DASH®, which do not have the high upfront cost and four-year lock-in period characteristic of the standard Durable Medical Equipment (DME) channel, making it less complicated for those with diabetes.

     

    Recent Partnerships 

     

    Automated Insulin Delivery Systems (AID) have revolutionized diabetes management, providing individuals with type 1 diabetes an automated and personalized approach to insulin delivery.

     

    These systems combine continuous glucose monitoring (CGM) technology with insulin pumps to optimize blood glucose control and reduce the risk of hypoglycemia. In recent times, several significant partnerships have emerged in the AID industry, aiming to enhance technology, accessibility, and patient outcomes. 

     

    In a strategic collaboration, Medtronic, a leading medical technology company, and Bigfoot Biomedical, an innovative diabetes solutions provider, joined forces to develop an advanced automated insulin delivery system. This partnership aims to leverage Medtronic’s expertise in insulin pump technology and CGM devices with Bigfoot Biomedical’s data-driven algorithms and insulin dosing strategies.

     

    The goal is to create a user-friendly, closed-loop system that can learn from patient data, adapt to individual needs, and automate insulin delivery effectively.

     

    By combining their strengths, Medtronic and Bigfoot Biomedical aspire to deliver a next-generation AID system that enhances glycemic control, reduces the burden of diabetes management, and improves the overall quality of life for people with type 1 diabetes.

     

    Tandem Diabetes Care, a prominent insulin pump manufacturer, and Dexcom, a leading CGM technology provider, have formed a partnership to integrate their respective technologies into a seamless AID system. This collaboration aims to improve the interoperability between Tandem’s insulin pumps and Dexcom’s CGM devices.

     

    By integrating the data from both devices, the AID system will make more informed decisions about insulin dosing and delivery. Tandem’s sophisticated insulin delivery algorithms combined with Dexcom’s accurate CGM data are expected to result in better glucose management and reduce the risk of hypoglycemia.

     

    This partnership seeks to simplify diabetes management for patients, enabling them to focus more on their daily activities while staying in their target glucose range.

     

    Roche Diabetes Care, a global leader in diabetes management solutions, and Beta Bionics, a pioneering medical technology company, have come together to develop an innovative AID system. This partnership aims to combine Roche’s expertise in diabetes management platforms and Beta Bionics’ iLet bionic pancreas technology.

     

    The iLet is a dual-chamber pump that can deliver both insulin and glucagon, making it unique in the AID space. By partnering with Roche, Beta Bionics aims to accelerate the development and commercialization of the iLet system.

     

    This collaboration holds promise for individuals with type 1 diabetes, as the inclusion of glucagon in the system can help prevent severe hypoglycemia and provide more robust glucose control.

     

    Insulet Corporation, known for its tubeless insulin pump system (OmniPod), and Companion Medical, the maker of the InPen smart insulin pen, have joined forces to develop an integrated AID solution.

     

    This collaboration seeks to integrate the OmniPod insulin delivery system with Companion Medical’s InPen smart pen and data management platform.

     

    By merging their technologies, the partnership aims to provide users with greater flexibility in insulin delivery options and improved data tracking.

     

    Users can choose between using the tubeless pump or the smart pen, and all the data will be seamlessly synced to the same platform, allowing for better treatment decision-making. This collaboration aims to cater to different patient preferences while maintaining excellent glycemic control.

     

     AUTOMATED INSULIN DELIVERY SYSTEM MARKET COMPANY PROFILE

     

     AUTOMATED INSULIN DELIVERY SYSTEM MARKET THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many  Automated Insulin Delivery Systems are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global  Automated Insulin Delivery System and key vendor selection criteria
    3. Where are the  Automated Insulin Delivery System manufactured? What is the average margin per unit?
    4. Market share of Global  Automated Insulin Delivery System market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global  Automated Insulin Delivery System in-house
    6. key predictions for next 5 years in Global  Automated Insulin Delivery System market
    7. Average B-2-B  Automated Insulin Delivery System market price in all segments
    8. Latest trends in  Automated Insulin Delivery System market, by every market segment
    9. The market size (both volume and value) of the  Automated Insulin Delivery System market in 2024-2030 and every year in between?
    10. Production breakup of  Automated Insulin Delivery System market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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