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US Artificial Pancreas Device System Market Research Report By Type (Fully Automated, Semi-Automated, Transcutaneous), By Component (Glucose Sensor, Insulin Pump, Control Algorithm), By End User (Hospitals, Home Care Settings, Diabetes Clinics) and By Technology (Closed Loop Systems, Open Loop Systems, Hybrid Systems) - Forecast to 2035


ID: MRFR/MED/13131-HCR | 100 Pages | Author: Rahul Gotadki| December 2023

US Artificial Pancreas Device System Market Overview


As per MRFR analysis, the US Artificial Pancreas Device System Market Size was estimated at 252.35 (USD Million) in 2023. The US Artificial Pancreas Device System Market Industry is expected to grow from 301.35(USD Million) in 2024 to 3,066.96 (USD Million) by 2035. The US Artificial Pancreas Device System Market CAGR (growth rate) is expected to be around 23.482% during the forecast period (2025 - 2035).


Key US Artificial Pancreas Device System Market Trends Highlighted


The US Artificial Pancreas Device System market is witnessing significant developments driven largely by the growing prevalence of diabetes, particularly type 1 diabetes among children and young adults. Advances in technology are one of the key market drivers, as innovations in continuous glucose monitoring and insulin delivery systems are creating more effective automated solutions for managing blood glucose levels. The acceptance and adoption of connected devices and digital health solutions, amid rising healthcare expenditure in the US, also play a pivotal role in pushing market growth.


There are numerous opportunities to be explored in this market, especially in integrating artificial intelligence and machine learning into existing devices to enhance decision-making processes related to insulin dosing.Moreover, the increasing focus on personalized medicine presents avenues for tailoring artificial pancreas systems to meet individual patient needs more effectively. Continuous patient engagement and education about these devices can further propel adoption rates, which are vital in a nation where diabetes management is imperative for millions.


Recent trends highlight a shift towards systems that are not only automated but also user-friendly and manageable from home, aligning with the broader telehealth trend accelerated by the pandemic. Regulatory support from agencies like the FDA, which aims to streamline approval processes for innovative diabetes technologies, is also encouraging investment and research in this space.Overall, the convergence of technological advancements and regulatory support positions the US Artificial Pancreas Device System market for substantial growth in the coming years.


US Artificial Pancreas Device System Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Artificial Pancreas Device System Market Drivers


Rising Prevalence of Diabetes in the US


The US is witnessing a significant increase in diabetes cases, with the Centers for Disease Control and Prevention (CDC) reporting that over 37 million Americans are currently living with diabetes, which is around 11.3% of the entire population. This rise is projected to continue, with estimates suggesting an increase of around 54% in cases by 2030. As the population ages and lifestyle diseases increase, the demand for advanced diabetes management solutions, including the US Artificial Pancreas Device System Market Industry, is expected to grow considerably.


The incorporation of cutting-edge technologies into diabetes management, such as automated insulin delivery systems, directly correlates to the healthcare industry's need to address this urgent health crisis. As organizations like the American Diabetes Association continue to promote education and research around diabetes management, the overall development and adoption of artificial pancreas devices are anticipated to rise in parallel.


Advancements in Technology and Innovation


The rapid advancements in technology, particularly in the fields of sensors, algorithms, and microelectronics, are driving the growth of the US Artificial Pancreas Device System Market Industry. Recent innovations, such as continuous glucose monitoring systems and computational insulin delivery algorithms, have significantly enhanced the clinical efficacy of artificial pancreas devices. This technological evolution is supported by Research and Development (R&D) investments from leading organizations like Medtronic and Dexcom, leading to comprehensive integrated solutions for diabetes management.


Furthermore, the FDA's adaptive regulatory approach, which facilitates the approval of new technologies, enhances the speed at which these devices can make it to the market, fostering further innovation and accessibility.


Growing Awareness and Support for Diabetes Management


There has been notable growth in awareness regarding diabetes management in the US, greatly influenced by campaigns from health organizations, including the American Diabetes Association. With increased knowledge about the risks associated with diabetes, patients and healthcare providers are actively seeking effective solutions, thus propelling the US Artificial Pancreas Device System Market Industry. With more than 50% of diabetics expressing interest in advanced devices, such as the artificial pancreas system for optimum glucose control, there is a clear demand for innovative solutions.


The trends show an increase in direct-to-consumer marketing and outreach initiatives, which enhance patient education and engagement in managing their condition, consequently leading to a greater adoption rate of these advanced technologies.


US Artificial Pancreas Device System Market Segment Insights


Artificial Pancreas Device System Market Type Insights


The US Artificial Pancreas Device System Market is experiencing significant advancements, classified primarily into categories such as Fully Automated, Semi-Automated, and Transcutaneous systems, each playing an important role in diabetes management. The Fully Automated segment is particularly noteworthy as it operates with minimal user input, providing continuous glucose monitoring and insulin delivery without constant oversight. This segment is gaining traction due to its potential to enhance patient convenience and adherence, especially among those who struggle with frequent manual management of their diabetes.


On the other hand, the Semi-Automated segment offers a hybrid approach where users still have a degree of control over their insulin delivery, appealing to individuals seeking a balance between automation and personal involvement. This segment is significant for patients who may prioritize personalized care and feel more secure having control while still benefiting from automation.Moreover, the Transcutaneous technology, which allows for insulin delivery through the skin without the need for injections, is an emerging area that could drastically improve user experience by reducing discomfort and fear associated with needles.


As awareness around diabetes and its management continues to grow in the US, driven by factors such as increasing obesity rates and lifestyle changes, the demand for innovative technologies in the Artificial Pancreas Device System Market is expected to rise. Each segment offers its strengths, catering to varied patient needs, hence playing a crucial role in shaping the future of diabetes management.


The integration of these systems into daily routines not only promises enhanced quality of life for users but also signifies a shift towards more automated and efficient healthcare solutions, aligning with broader trends in health technology innovation across the United States. With ongoing Research and Development (R&D) initiatives in this field, these technological advancements are set to redefine diabetes management, thus influencing market growth and segmentation dynamics significantly.


US Artificial Pancreas Device System Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Artificial Pancreas Device System Market Component Insights


The Component segment of the US Artificial Pancreas Device System Market plays a crucial role in the overall functionality and effectiveness of these advanced medical devices. This segment primarily encompasses Glucose Sensors, Insulin Pumps, and Control Algorithms, each contributing significantly to patient management of diabetes. Glucose Sensors are essential for continuous blood glucose monitoring, providing real-time data that is vital for insulin delivery decisions.


Insulin Pumps act as critical delivery systems, ensuring that patients receive precise insulin doses, thereby improving glycemic control and minimizing the risk of complications related to diabetes.Control Algorithms serve as the brain of the system, interpreting the data from glucose sensors to make informed decisions regarding insulin delivery. This integration of components leads to more personalized and effective diabetes management solutions for patients. The increasing prevalence of diabetes in the US, coupled with advancements in technology, is driving the demand for these components, creating opportunities for market growth. As healthcare providers seek to improve patient outcomes, the significance of each component becomes evident, making this segment a focal point in the burgeoning US Artificial Pancreas Device System Market.


Artificial Pancreas Device System Market End User Insights


The US Artificial Pancreas Device System Market is profoundly influenced by its End User dynamics, encompassing diverse settings such as Hospitals, Home Care Settings, and Diabetes Clinics, each playing a crucial role in diabetes management. Hospitals are integral as they provide immediate access to advanced technologies and expert healthcare professionals, making them a primary choice for patients with severe diabetes conditions requiring close monitoring and intervention.


Home Care Settings continue to gain traction due to the growing trend towards personalized and convenient diabetes management solutions, enabling patients to self-manage their condition with sophisticated devices, thus enhancing their quality of life.Meanwhile, Diabetes Clinics are pivotal for education and tailored treatment plans, offering specialized care and ongoing support to patients adjusting to new technologies. This diversified End User landscape is essential for the overall efficiency of diabetes care in the US, highlighting the ever-increasing demand for innovative solutions that cater to patient-centric approaches in managing type 1 and type 2 diabetes. The interplay between these segments reflects the need for continuous advancements in technology and education to support the rising prevalence of diabetes across the country.


Artificial Pancreas Device System Market Technology Insights


The US Artificial Pancreas Device System Market, particularly within the Technology segment, is witnessing substantial evolution driven by advancements in medical technologies and increased diabetes prevalence. Closed Loop Systems have gained prominence due to their ability to automate insulin delivery, thus reducing the burden on patients and enhancing glycemic control. Open Loop Systems, while traditionally used, have a growing influence in terms of integrating with continuous glucose monitoring technology, offering users real-time data to manage their diabetes effectively.


Hybrid Systems are also emerging as a significant innovation, combining features from both closed and open loop designs, providing users with more flexibility and control over their insulin management. The market dynamics are influenced by various factors such as rising obesity rates, increasing awareness regarding diabetes management, and technological advancements that enhance the efficiency and usability of these systems. As the population of insulin-dependent diabetes patients expands, the demand for these innovative solutions is expected to get stronger, leading to an evolving landscape within the US Artificial Pancreas Device System Market.


US Artificial Pancreas Device System Market Key Players and Competitive Insights


The US Artificial Pancreas Device System Market is characterized by its rapid growth and the introduction of innovative technologies aimed at improving diabetes management for patients. As the prevalence of diabetes continues to rise, there has been a notable increase in the demand for advanced medical devices that can automate insulin delivery and promote better glucose control. The competitive landscape in this market is continually evolving, with various key players vying for market share through product differentiation, strategic partnerships, and investments in research and development. Companies are focusing on enhancing their offerings to meet the diverse needs of individuals suffering from diabetes, while also striving to comply with regulatory standards set by health authorities.


Cureatr stands out as a significant entity within the US Artificial Pancreas Device System Market, leveraging its strengths in digital health technology to make strides in diabetes management. The company is recognized for its expertise in integrating data analytics and digital solutions which enhances patient engagement and empowers healthcare providers. Cureatr's commitment to providing meaningful insights and real-time monitoring differentiates it in this competitive landscape. By focusing on collaborative care solutions, Cureatr has managed to build strong relationships with healthcare professionals and organizations, which boosts its presence in the market. Moreover, its focus on patient-centric solutions aligns well with the increasing trend of personalized medicine, allowing it to capture the attention of users seeking more tailored management of their diabetes care.


Medtronic, a prominent player in the US Artificial Pancreas Device System Market, has established itself as a leader through its pioneering technologies and comprehensive product offerings. The company is known for its advanced insulin delivery systems and glucose monitoring devices, which are designed to simplify diabetes management for patients. Medtronic's key products include its MiniMed insulin pumps and continuous glucose monitoring systems, which collectively contribute to the functioning of an artificial pancreas system. The company has a robust market presence owing to its significant investments in research and development that drive innovation in its product lines. Moreover, Medtronic has engaged in strategic mergers and acquisitions that enhance its technological capabilities and expand its portfolio. This proactive approach, combined with effective collaboration with healthcare providers, underscores Medtronic's strengths and solidifies its competitive position in the US market.


Key Companies in the US Artificial Pancreas Device System Market Include



  • Cureatr

  • Medtronic

  • Abbott Laboratories

  • Dexcom

  • Boston Scientific

  • Fresenius Medical Care

  • VivaLnk

  • Sernova Corp

  • Animas Corporation

  • CeQur

  • Roche

  • Tandem Diabetes Care

  • Insulet Corporation

  • Johnson and Johnson

  • Becton Dickinson


US Artificial Pancreas Device System Market Industry Developments


Recent developments in the US Artificial Pancreas Device System Market have seen significant advancements and activities. In August 2023, Medtronic announced the FDA approval for their advanced hybrid closed-loop system, enhancing glucose control for type 1 diabetes patients. This is part of their ongoing commitment to innovation. Abbott Laboratories has been actively expanding access to continuous glucose monitoring systems, bringing more technology to patients in need. Additionally, Dexcom launched its latest glucose monitoring device, making strides in real-time data sharing capabilities, which is crucial for user engagement.


Mergers and acquisitions remain a focal point, with Insulet Corporation acquiring a stake in CeQur in September 2023, aiming to broaden their product spectrum in diabetes management solutions. Furthermore, Johnson and Johnson announced a strategic partnership with Tandem Diabetes Care in July 2023 to develop integrated devices that further enhance patient experience. The market valuation is witnessing growth, driven by increasing diabetes cases and technological advancements, paving the way for broader adoption of artificial pancreas systems, enhancing the overall management of diabetes and significantly impacting patient outcomes in the US.


US Artificial Pancreas Device System Market Segmentation Insights


Artificial Pancreas Device System Market Type Outlook



  • Fully Automated

  • Semi-Automated

  • Transcutaneous


Artificial Pancreas Device System Market Component Outlook



  • Glucose Sensor

  • Insulin Pump

  • Control Algorithm


Artificial Pancreas Device System Market End User Outlook



  • Hospitals

  • Home Care Settings

  • Diabetes Clinics


Artificial Pancreas Device System Market Technology Outlook



  • Closed Loop Systems

  • Open Loop Systems

  • Hybrid Systems

Report Attribute/Metric Source: Details
MARKET SIZE 2018 252.35(USD Million)
MARKET SIZE 2024 301.35(USD Million)
MARKET SIZE 2035 3066.96(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 23.482% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Cureatr, Medtronic, Abbott Laboratories, Dexcom, Boston Scientific, Fresenius Medical Care, VivaLnk, Sernova Corp, Animas Corporation, CeQur, Roche, Tandem Diabetes Care, Insulet Corporation, Johnson and Johnson, Becton Dickinson
SEGMENTS COVERED Type, Component, End User, Technology
KEY MARKET OPPORTUNITIES Rising diabetes prevalence, Technological advancements in devices, Increased government funding, Growing patient awareness, Demand for personalized medicine
KEY MARKET DYNAMICS Technological advancements in devices, Rising prevalence of diabetes, Increasing demand for automation, Favorable government regulations, Growing investment in R&D
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Artificial Pancreas Device System Market is expected to be valued at 301.35 million USD in 2024.

By 2035, the US Artificial Pancreas Device System Market is projected to reach 3066.96 million USD.

The expected CAGR for the market from 2025 to 2035 is approximately 23.482%.

In 2024, Fully Automated is valued at 120.0 million USD, Semi-Automated at 91.35 million USD, and Transcutaneous at 90.0 million USD.

The Fully Automated segment is expected to grow to 1288.0 million USD by 2035.

Major players include Medtronic, Abbott Laboratories, Dexcom, and Tandem Diabetes Care among others.

The Semi-Automated devices segment is projected to reach 868.96 million USD by 2035.

Key growth drivers include technological advancements and increased awareness of diabetes management.

By 2035, the Transcutaneous devices segment is expected to reach a value of 910.0 million USD.

Challenges include regulatory hurdles and the need for continuous innovation in device technology.

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