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Market Intel: Bigfoot Biomedical, Beta Bionics Getting Pumped To Introduce Next-Gen Artificial Pancreas

 
• By Marion Webb

The insulin pump market, which is dominated by four major players, is facing rising competition from smaller, innovative companies. This second part of a two-part series focuses on five emerging companies: Beta Bionics, Bigfoot Biomedical, Diabeloop, EOFlow and Ypsomed.

Diabetic teen girl with insulin infusion pump

This coming year, the insulin pump market is expected to see several next-generation product launches by big names such as Medtronic PLC, Tandem Diabetes Care Inc. and Insulet Corp. Meanwhile, two smaller companies that leverage machine learning – Beta Bionics Inc. and Bigfoot Biomedical Inc. – also hope to bring products to market in 2020 or 2021. Diabeloop, EOFlow and Ypsomed, are also working on automated pump systems, according to a new report by Informa's Meddevicetracker, "Diabetes Management: Insulin Pumps Market." 

This article takes a closer look at these five emerging players and their respective technologies (see Tables 1 and 2 below).

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