The artificial pancreas market was estimated at USD 164.8 million in 2020 and is likely to grow at a CAGR of 20.1% during 2021-2026 to reach USD 484.7 million in 2026. Rising incidences of diabetes, increasing demand for automated systems for glycemic control, and strong R&D capabilities of market players are some of the key factors augmenting the market growth.
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