INSULIN PUMPS MARKET ANALYSIS

Market News

Key Developments                      

• In January 2020, Tandem Diabetes Care Inc., launched t:slim X2 insulin pump with Control-IQ technology. The system collectively works with Dexcom G6 continuous glucose monitoring (CGM), which helps to deliver automatic correction insulin dose to help prevent fluctuation in blood sugar.
• In October 2019, Novo Nordisk received the U.S. Food and Drug Administration (U.S. FDA) approval for the use of Fiasp (insulin aspart injection) 100 u/mL in insulin infusion pumps for improvement of glycemic control in adults with type 1 or type 2 diabetes.
• In June 2019, Medtronic and Tidepool entered into a partnership to develop an automated insulin pump system. Medtronic plans to develop a Bluetooth-enabled MiniMed pump that would be compatible with Tidepool Loop which is an open-source, automated insulin delivery app for iPhone and Apple Watch
• In March 2019, Medtronic plc launched MiniMed 670G system. It is the first personalized system, which automatically delivers the insulin dose 24 hours a day, in order to avoid hypoglycaemia and hyperglycaemia. The system consist of SmartGuard Auto Mode and the continuous glucose monitor (CGM) (Guardian Sensor 3).
• In 2018, Medtronic plc received license from Health Canada for the launch of MiniMed 670G system, which stabilizes glucose level 24 hours a day by automatically adjusting the insulin delivery based on patient insulin needs. This system is beneficial for the patients suffering from type-1 diabetes.
• In 2017, Eli Lily, initiated the clinical trial for the automated insulin delivery system. It is the hybrid closed loop system, which is connected to insulin pump, a dosing algorithm, and a continuous glucose monitor. The manufacturer is expected to initiate the clinical trials for the two systems: automated insulin delivery system and integrated insulin management system. Both the systems will be used for the patients suffering from type 1 and type 2 diabetes.
• In 2016, Animas Corporation (a subsidiary of Johnson & Johnson Diabetes Care Companies (JJDCC)), received the U.S. FDA approval and Health Canada’s approval for the sale of OneTouch Vibe Plus Insulin Pump and Continuous Glucose Monitoring (CGM) System for the treatment of diabetes patients ages two and older.