Artificial Pancreas Device System (APDS) Market worth USD 328.45 million by 2023 at a CAGR of 20.25%.

Competitive Insights:
The leading players in market are
Pancreum LLC, Tandem Diabetes Care, Medtronic, Johnson & Johnson, Roche, Insulet, Beta Bionics, Inreda, Medtrum, Bigfoot Biomedical, TypeZero Technologies, Inc. and DreaMed Diabetes Ltd.
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Market Highlights- Artificial Pancreas Device System (APDS) Market
The Artificial Pancreas Device System (APDS) Market was worth USD 62.48 million in 2014 and is expected to reach approximately USD 328.45 million by 2023 at a CAGR of 20.25%.
An Artificial Pancreas Device System is a collective group of devices which accurately imitates the glucose regulating function of a healthy pancreas. An exponential increase in patients diagnosed with diabetes was reported by World Health Organization (WHO) from year 1998 to 2014. The ADPS market is driven by need of administration of insulin on day-to-day basis for diabetes patient. The Juvenile Diabetes Research Foundation (JDRF) launched the Artificial Pancreas Project in 2006 in collaboration with key players in industry to develop Artificial Pancreas Device System (APDS) for regulating and monitoring insulin and glucose in diabetes patients.

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Market Segmentation
Artificial Pancreas Device System Market -Type Outlook
Threshold Suspended Device Systems
Treat to Range/Control to Range (TTR/CTR)
Treat to Target/ Control to Target (TTR/CTT)

Artificial Pancreas Device System Market -By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

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Regional Outlook And Trend Analysis
Regionally the APDS market is segmented as North America, Asia-Pacific, Europe and Rest of World. Amongst the entire diabetic population, half of them are from India, China, USA, Indonesia and Brazil according to the recent study conducted by World Health Organization (WHO). Hence, this indicates that the Asia-Pacific and North America dominates the regional APDS market.

Some of The Key Questions Answered By The Report Are:
What was the Artificial Pancreas Device System Market size in 2014 and forecast from 2015 to 2023?
What will be the industry Artificial Pancreas Device System Market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the Artificial Pancreas Device System Market forecast?
What are the major segments leading the Artificial Pancreas Device System Market growth and why?
Which are the leading players in the Artificial Pancreas Device System Market and what are the major strategies adopted by them to sustain the Artificial Pancreas Device System Market competition?

Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

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