Closed Loop Insulin System Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis| MarkNtel
Closed Loop Insulin System Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
The 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. This market is growing at a rapid pace, driven by the increasing aging population and growing awareness of diabetes management. The world is aging, and age-related issues are rising too, including diabetes, at a highly significant rate. By 2030, 1 in every 6 individuals will be around 60 years or more of age worldwide as stated by the World Health Organization (WHO), with the total number of people aged 60 and over growing from 1 billion in 2020 to 1.4 billion by 2030.
Markntel Advisor’s Closed Loop Insulin System Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Closed Loop Insulin System Market drivers, barriers, Closed Loop Insulin System Market Trends, and Key Players in Closed Loop Insulin System Market.
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Closed Loop Insulin System Market Dynamics: 2025-2030
Closed Loop Insulin System Market Driver:
Increasing prevalence of diabetes – There has been an increasing incidence of diabetes in the world fueled by changing lifestyles and poor dietary habits. As per the World Health Organization, the number of cases of diabetes has risen from 200 million in 1990 to 830 million in 2022, increasing day by day, especially in developing nations like North America and the Middle East. Diabetes caused 1.6 million deaths in 2021, of which 47% of deaths were attributed to patients less than 70 years old, according to the WHO. Diabetes further causes other diseases in the body, such as kidney malfunctioning, causing a mortality rate of around 530,000 globally. WHO estimates that diabetes will double and reach over 1.3 billion cases by 2050. There are roughly 9 million patients having Type 1 diabetes in the world who require insulin for survival, along with roughly 60 million patients with Type 2, who require insulin treatment to maintain their glycemic status under control. So these products offer enhanced solutions for diabetes management options to mitigate the suffering of this condition around the world.
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Closed Loop Insulin System Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
· By Product
o Threshold Suspended -Market Size & Forecast 2020-2030 USD Million
o CTR System Control to Rang System-Market Size & Forecast 2020-2030, USD Million
o CTT System Control to Target System – Market Size & Forecast 2020-2030, USD Million
According to report, Based on the product, the threshold suspended segment has the largest market share around 45%, because it applies to a wide range of industries and has a specific demand.
· By End-User
o Hospital & Clinics -Market Size & Forecast 2020-2030, USD Million
o Nursing Home-Market Size & Forecast 2020-2030, USD Million
o Home Care-Market Size & Forecast 2020-2030, USD Million
According to report, Based on end-user, the hospitals and clinics segment has the largest market share of around 50% in the closed-loop insulin systems market.
· By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
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Top Companies Operating in the Closed Loop Insulin System Market:
- 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
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