Press Release Description
Global Closed Loop Insulin System Market to Hit USD53.33 Billion Mark by 2030 Due to Increasing Prevalence of Diabetes
The Global Closed Loop Insulin System Market size was valued at around USD33.2 Billion in 2024 and is projected to reach USD53.33 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.3% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The growth in this market has been driven by the widening awareness of diabetes care and the increasing aging population, due to which health ailments related to age are also growing at a faster pace, especially diabetes. By 2030, it is estimated by the WHO that 1 individual out of 6 will have an age of 60 years or more globally. The increasing demographic shift is directly related to the demand for a greater management solution for diabetes. As per the studies, the prevalence of diabetes occurs at the highest rate among individuals aged 65 and above.
The risk for Type 2 diabetes increases due to factors such as reduced physical activity, slow metabolism, and other associated challenges with age. As per the World Health Organization, diabetes was the cause of 1.6 million deaths in 2021, and the deaths were about 47% of which occurred at the age of below 70 years. Therefore, diabetes also leads to other health conditions, including kidney diseases, whose death rate is approximately 530,000 worldwide. Moreover, 11% of cardiovascular deaths are due to high blood sugar levels.
As concern over complications of diabetes continues to grow and improve understanding of the importance of better glycemic control, closed-loop technologies are being developed more rapidly. This is a significant market opportunity, mainly in regions with a high prevalence of diabetes and an increasing focus on new healthcare technologies, further states the research report, “Global Closed Loop Insulin System Market Analysis, 2025”.
Segmentation Analysis:
Threshold Suspended Segment Hold the Largest Market Share
Based on the product type, the market is segmented into the threshold suspended, CTR System Control-to-Range System, and CTT System Control-to-Target System. Of these, the highest market share is held by the threshold-suspended segment with a 45% share on account of possessing high technology, reliability, and versatility in automation and manufacturing. These work on pre-determined thresholds and offer effective solutions for monitoring and control, minimizing operational risk, and maintaining compliance with strict regulations. Their scalability, coupled with integration, makes them attractive options for widespread adoption.
North America is the Epicenter of the Closed Loop Insulin System Industry
North America has the largest market share of around 45% due to the increasing healthcare expenditure and strong healthcare infrastructure, growing awareness among the population for advanced diabetes management solutions. The high incidence of type 2 diabetes and the growing need for better glycemic management contribute to the use of this system. As per the American Diabetes Association in 2021, around 38.4 million Americans, or around 11 % of the population, have been suffering from diabetes. Therefore, around 2 million Americans have type 1 diabetes, including about 304,000 children and adolescents, and around 38.4 million adults with diabetes, 29.7 million were diagnosed, and 8.7 million were undiagnosed. Hence, with the increasing prevalence of diabetes and the rise of the geriatric population increasing demand for the closed-loop insulin system industry.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including, Medtronic, Bigfoot Biomedical, Johnson & Johnson, Tandem Diabetes Care, Inc., Pancreum, Inc., Typezero Technologies, LLC, Beta Bionics, Insulet Corp, F. Hoffmann-La Roche Ltd., Inreda Diabetic, Advanced Micro Devices, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography & solution adoption?
- How has the competition been shaping up across various regions?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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