A continuous glucose monitoring system (CGM) and an insulin infusion pump are the two different forms of diabetes monitoring equipment included in Artificial Pancreas Device Systems. a blood glucose measuring instrument used to calibrate the CGM, such as a glucose metre. When a person's blood glucose level falls below a certain level, these devices automatically suspend insulin treatment for up to two hours if the person does not react to the threshold-suspension alarm. This is meant to decrease hypoglycemic excursions. The FDA approved the hybrid closed loop insulin delivery system MiniMed 670G System (Medtronic) in 2016. The first artificial pancreas system with full automation is this gadget.
Human-made bio-artificial organs known as artificial organs are inserted into the body to assist or replace natural organs. Cochlear implants, artificial kidneys, pancreas, and hearts are examples of artificial organs. They are constructed from biocompatible substances like metals, ceramics, polymers, and biologics. Different technologies, including sensors, biomaterials, and cutting-edge delivery systems, are implanted in artificial pancreas. Additionally, artificial pancreas lets the patient live a quality life by performing the same functions as the natural pancreas.
Artificial Pancreas Device System Market: Segmentation Analysis
Artificial Pancreas Device System Market based on device type
- Threshold suspend device systems
- Control- to-Range systems (CTR)
- Control-to- Target systems (CTT)
The threshold suspends device system segment led the Artificial Pancreas Device System market and accounted for a major global revenue share in 2015. This high share is attributed to its ability to take an instant action automatically when the patient is not able to respond to threshold suspend alarm, and it stops insulin supply as soon as sensor glucose reaches a low threshold.
CTT system is expected to register substantial growth with a CAGR of 37.6% over the forecast period. This growth can be credited to the CTT system attributes, such as its automation system, minimizing patient intervention. These factors are projected to drive the growth of the global Artificial Pancreas Device Market.
Artificial Pancreas Device System Market based on treatment type
- Bi-hormonal
- Insulin Only
- Hybrid
Artificial Pancreas Device System Market based on end-user
- Hospital
- Medical Centers
- Others
The Hospital segment dominated the market for Artificial Pancreas devices and held the largest revenue share in 2020. The segment is expected to maintain its dominance over the forecast period. This growth can be credited to the growing investment in the construction of hospitals with advanced technology and equipment.
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Top Key Players:-
- Johnson Johnson
- Beta Bionics
- Bigfoot Biomedical
- Admetsys (pipeline product analysis)
- Animas Corporation
- Defymed
- dexcom
- Insulet
- MedTech
- Semma Therapeutics
- Tandem Diabetes Care
- TypeZero Technologies
- Pancreum, Inc.
- Cellnovo
- Hoffeman-La Roche Ltd
- Inreda Diabetic B.V.
- Roche Holding AG
- Medtrum Technologies Inc.
- DreaMed Diabetes Ltd
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