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C&M: Global market for insulin pumps driven by increase in the diabetic population

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Global Insulin Pumps Market 2014-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-20 14:43:01
The Global Insulin Pumps market is to grow at a CAGR of 7.78 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increase in the diabetic population. The Global Insulin Pumps market has also been witnessing the increasing preference of insulin pumps over conventional methods. However, the high cost of insulin pump could pose a challenge to the growth of this market.

Electronic insulin pumps are fast becoming popular, effective, and preferred over traditional treatment methods for diabetes. As insulin pumps have recently come into prominence, new generations are beginning to see insulin pumps as a normal, conventional, and overall easier way to treat diabetes and are gaining patient acceptance. The pump allows blood sugar calculations to be done electronically and automatically, and presents less of a concern over constantly monitoring with a handheld device. In addition, the pump allows the user to eat and sleep comfortably because of its regulatory features. Thus, the use of insulin pumps has certainly made life easier for those using them.

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