Artificial Pancreas Device System Market
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Global <strong>Artificial</strong><br />
<strong>Pancreas</strong> <strong>Device</strong><br />
<strong>System</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2015<br />
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Report Description<br />
<strong>Pancreas</strong> is one of the major endocrine gland which secretes hormones released directly<br />
into the blood. <strong>Pancreas</strong> is around 6 inches long located in the abdominal cavity. <strong>Pancreas</strong><br />
produce the vital hormones of insulin, pancreatic polypeptide, glucagon and<br />
somatostatin. <strong>Pancreas</strong> aid in digestion and absorption processes by secreting the<br />
pancreatic juice which contains digestive enzymes. The <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong><br />
is used in the treatment of Type 1 Diabetes. Type 1 diabetes patients require multiple<br />
doses of insulin in a day and all-round the year. The <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> is<br />
also referred to as the closed-loop system or autonomous system for glycemic control or<br />
bionic pancreas. The <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> simulates the glucose regulation<br />
function of a healthy pancreas. The continuous glucose monitoring is done by placing the<br />
sensor subcutaneously to measure the glucose level in the fluid around the cells. A<br />
transmitter sends information of glucose level estimates and their rate of change to the<br />
receiver. Control algorithm software embedded in an external controller performs<br />
mathematical calculations to send dosing instruction to the insulin infusion pumps,<br />
computer or smartphone. Depending on the dosing instructions, the insulin infusion<br />
pump regulates the level of insulin delivery to the subcutaneous tissue.<br />
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<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> <strong>Market</strong>: Drivers & Restraints<br />
The Food and Drug Administration (FDA) is collaborating with private and government<br />
research institutions to improvise clinical studies and accelerate the development of the
Report Description<br />
the FDA released a document on requirements of clinical studies and premarket approval<br />
applications for the production <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong>s. This will encourage the<br />
manufacturing of <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong>s and drive the growth of the global<br />
<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> market. The patients need to calibrate the continuous<br />
glucose monitor at equal intervals. Also, the continuous glucose monitoring sensors are<br />
subjected to biofouling and fibrosis when they are placed subcutaneously which alters<br />
the productivity of sensors. The FDA has identified issues in the components and<br />
software of insulin infusion pumps. The insulin used currently in the <strong>Artificial</strong> <strong>Pancreas</strong><br />
<strong>Device</strong> <strong>System</strong>s takes longer duration of time to completely absorb. Such factors related<br />
to <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong>s could potentially hamper the growth of the global<br />
<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong>s market.<br />
<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> <strong>Market</strong>: Segmentation<br />
<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> market is classified on the basis product type and<br />
geography.<br />
Based on product type, the global <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> market is segmented<br />
into the following:<br />
Threshold Suspend <strong>Device</strong> <strong>System</strong><br />
Control-to-Range (CTR) <strong>System</strong><br />
Control -to-Target (CTT) <strong>System</strong>
Report Description<br />
<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> <strong>Market</strong>: Overview<br />
The concentration of glucose in the blood of the patient is very dynamic and is affected<br />
by the patient’s physical activity and diet. The <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> helps in<br />
the sustenance of life of type 1 diabetes patients. The <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong><br />
does the function of beta cells of a healthy pancreas. Type 1 diabetes patient have to<br />
closely monitor blood glucose levels in order to avoid hyperglycemia and hypoglycemia<br />
which leads to long-term diabetes complications such as seizures, coma and even death.<br />
Thus, blood glucose monitoring on a daily basis is essential and the <strong>Artificial</strong> <strong>Pancreas</strong><br />
<strong>Device</strong> <strong>System</strong> is the solution to it.<br />
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<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> <strong>Market</strong>: Region-wise Outlook<br />
Depending on geographic regions, global <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> market is<br />
segmented into seven key regions: North America, South America, Eastern Europe,<br />
Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. India,<br />
China, USA, Indonesia, Pakistan and Japan are the top six countries with the highest<br />
number of estimated cases of diabetes. As a result, Asia Pacific and North America are<br />
anticipated to be the potential markets for the global <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong><br />
market players.
Report Description<br />
<strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> <strong>Market</strong>: Key Players<br />
Some of the key market players in global <strong>Artificial</strong> <strong>Pancreas</strong> <strong>Device</strong> <strong>System</strong> market are<br />
Pancreum, LLC, Medtronic, Inc. and JDRF. In the near future, the global <strong>Artificial</strong> <strong>Pancreas</strong><br />
<strong>Device</strong> <strong>System</strong> manufacturers have to develop products which will not only monitor but<br />
also adjust the blood glucose levels rapidly without the need of intervention of the<br />
patient.
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