The insulin pump market - Italy

1.1 Definition and scope of study

An insulin pump is a medical device that allows a patient with this type of need to have continuous (24-hour) infusions of insulin into the subcutaneous tissue. 

This type of treatment is a viable alternative to multi-injection treatment and provides better glycemic control.

Mimicking the operation of a normal pancreas, it is an artificial device that delivers insulin at a variable rate to a diabetic person who requires insulin on a permanent basis. 

The global insulin market is growing, dominated by some very powerful labs including insulin pens and oral drugs. 

The insulin pump market segment is growing and is expected to remain so for the next few years, driven by various technological innovations proposed by traditional or emerging players.

Also in Italy, the market for insulin pumps can be considered to be growing. 

The companies most active in this sector in Italy are Insulet, Dexcom, Medtronic and Abbott. 

The increase in the use of these devices is also due to the recent pandemic, which has stimulated the growth of telemedical solutions and digital health, so as to decrease the influx of patients in hospitals and thus stem the spread of the virus. 

Another reason that has led to the growth of this type of market in Italy is the increase in the number of people who has discovered they have diabetes each year. It is estimated that there are about 3.5 million people with diabetes in Italy, about 60% more than in the early 2000s. Diabetics now represent 5.8% of the Italian population. 

A trend that is gaining momentum in the insulin pump market is technological development. Over the years, in fact, several technological innovations have been developed that have led to the creation of new types of pumps that are much less cumbersome and more comfortable for patients. Thanks to these innovations, many more patients have started to use these types of solutions instead of the more traditional ones.