Insulin Pump & CGM Market 2020: Canada Industry Manufacturers, Outlook, Share, Growth and Forecast 2026
Research Reports
Jan 05, 2021
Canada Insulin Pump & CGM Industry
Although Canada insulin pump market is small but it has market potential to reach nearly CAD 1 Billion mark by the end of year 2024. Similarly CGM market is also small but if it gets reimbursement under Canadian government then it has market potential to surpass CAD 80 Million by 2024. The government of Canada has expanded its diabetes management policy along with diabetes technology which will further boost the market of both insulin pump and continuous glucose monitoring (CGM) devices in Canada.
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Insulin Pump & CGM Industry Key Players
With the perspective of focusing on key players, the Canada Insulin Pump & CGM Market report offers a stance on the market’s competitive background along with the novel trends infiltrating the manufacturing area. The report on the Canada Insulin Pump & CGM Market shines a light on the more than a few well-known vendors adding to the Canada Insulin Pump & CGM Market, which consists of a combination of distinguished as well as fresh players.
Canada Insulin Pump & CGM Market Segmental analysis
This analyzed report covers the Canada Insulin Pump & CGM Industry volume and value at the Canada level, regional level, and company level. According to a Canada perspective, this report presents an overall market size by analyzing historical data and future prospects. The primary market outlook and arrangement, along with the forecast of the different segments and sub-segments, are also discussed. The report also analyses the profits generated from the market analysis and probability analysis to evaluate the market size. The rise in consumer confidence over the past few years has boosted the growth of industry operators, which became the reason behind the growth of this market. Ultimately, the growth of the population has driven revenue growth for the industry in recent years.
Canada Insulin Pump & CGM Industry Regional
This report concentrates on the Canada Insulin Pump & CGM Market throughout the world, especially this report segments the production, possible consumption, export and import of product/service in North America, Europe, China, Japan, Southeast Asia, and India. By considering each manufacturer, this report analyzes the manufacturing sites, market volume, capacity, production, ex-factory price, profits, resources and market share in the Canada market. The industry is exposed to numerous threats and opportunities in different parts of the world. The rise in stock value and the multiple choices of replacement and maintenance have boosted the need for product/service, which has indirectly increased the demand in the aftermarket within the globe.
Canada Insulin Pump & CGM Market Dynamics
As the population increases and gets inside the workforce, the purchasing power also increases. Thus, the demand for industry products is expected to continue growing. Consequently, the revenue of the industry has increased at an average rate over the five years. Online shopping acts as a direct threat to common industry retailers. These online retailers can offer the same products as offered by main retailers, but with lower prices, more extensive lists and the facility of direct home shipping. Thus, the increase in the percentage of services carried online will decrease the demand for traditional stores, which results in a decrease in industry revenue. The percentage of online services is expected to rise in 2020, which represents a potential threat to the industry.
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Some points from table of content:
1. Executive Summary
2. Diabetes Population (2010 – 2024)
3. Insulin Pump Users & Continuous Glucose Monitoring (CGM) Users (2010 – 2024)
4. Market Size & Projections (2010 – 2024)
5. Competitive Analysis – Local Insights Sales, Marketing Structure & Promotional Activities (2016 – 2017)
6. Distribution Models
7. Differentiation Points of Insulin Pump Products in Canada
9. Current Struggles
10. Pricing Landscape & Reimbursement (Insulin Pump, Insulin Pump + CGM, CGM)
11. Payers – Canada Pricing and Reimbursement Policies
12. Top 5 Canadian Private Insurers Reimbursement Details
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