Global Artificial Pancreas Device System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

CTR (Control To Range) Systems and CTT (Control To Target) Systems.

By End User;

Hospitals, Medical Centers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn130345089 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Artificial Pancreas Device System Market (USD Million), 2021 - 2031

In the year 2024, the Global Artificial Pancreas Device System Market was valued at USD 1,053.18 million. The size of this market is expected to increase to USD 2,302.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.8%.

The global artificial pancreas device system market is witnessing significant growth and is poised to expand further in the coming years. An artificial pancreas device system, also known as a closed-loop system, is a technological breakthrough designed to automate and optimize insulin delivery for individuals with diabetes. This innovative system comprises three main components: a continuous glucose monitor (CGM), an insulin pump, and a control algorithm.

The continuous glucose monitor continuously measures glucose levels in the body, providing real-time data on blood sugar fluctuations. This data is then transmitted to the control algorithm, which calculates the appropriate amount of insulin needed to maintain glucose levels within the target range. The algorithm communicates with the insulin pump, which delivers insulin accordingly, mimicking the function of a healthy pancreas.

One of the key drivers of the artificial pancreas device system market is the rising prevalence of diabetes worldwide. With diabetes becoming a global epidemic, there is a growing demand for advanced technologies that can effectively manage the condition and improve the quality of life for patients. Additionally, the increasing adoption of wearable medical devices and the growing trend towards personalized healthcare are fueling the demand for artificial pancreas systems.

Advancements in sensor technology, insulin delivery mechanisms, and control algorithms have significantly enhanced the performance and reliability of artificial pancreas systems. These technological advancements have led to improvements in glucose control, reduction in hypoglycemia events, and enhanced user experience, driving greater acceptance and adoption of these systems among patients and healthcare providers.

Regulatory approvals and reimbursement policies play a crucial role in shaping the market landscape for artificial pancreas device systems. As regulatory bodies continue to recognize the safety and efficacy of these systems, more products are expected to enter the market, driving competition and innovation.

Challenges such as high costs, technical complexities, and the need for continuous monitoring and maintenance remain significant hurdles for the widespread adoption of artificial pancreas device systems. Addressing these challenges will be critical for market players to capitalize on the immense growth opportunities offered by this rapidly evolving sector.

The global artificial pancreas device system market is characterized by intense competition, technological advancements, and increasing investments in research and development. With the potential to revolutionize diabetes management, artificial pancreas systems are poised to play a pivotal role in the future of healthcare, offering hope for millions of individuals living with diabetes worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Artificial Pancreas Device System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Control algorithms

        2. Wearable medical devices

        3. Personalized healthcare

        4. Hypoglycemia reduction

      2. Restraints

        1. Continuous monitoring

        2. Maintenance requirements

        3. Limited reimbursement policies

        4. Interoperability challenges

      3. Opportunities
        1. Improved Glucose Control

        2. Reduction in Hypoglycemia Events

        3. Enhanced User Experience

        4. Competition and Innovation

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Artificial Pancreas Device System Market, By Type, 2021 - 2031 (USD Million)
      1. CTR (Control To Range) Systems
      2. CTT (Control To Target) Systems
    2. Global Artificial Pancreas Device System Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Medical Centers
      3. Others
    3. Global Artificial Pancreas Device System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic Plc
      2. Bigfoot Biomedical
      3. Johnson & Johnson
      4. Dexacom, Inc.
      5. CELLNOVO
      6. Tandem Diabetes Care, Inc.
      7. Pancreum, Inc.
      8. TypeZero Technologies, LLC
  7. Analyst Views
  8. Future Outlook of the Market