Automated Insulin Delivery Systems Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027

New York, NY -- (SBWIRE) -- 04/30/2021 -- According to the current analysis of Reports and Data, the global Automated Insulin Delivery Systems Market was valued at USD 4.91 billion in 2019 and is expected to reach USD 7.81 billion by the year 2027 at a CAGR of 6.0%. The Automated Insulin Delivery Systems (AID) market is majorly driven due to the increasing prevalence of diabetes across the globe. Diabetes is a chronic metabolic disease characterized by increased blood glucose levels or blood sugar, which is likely to lead to heart disorders, damage to blood vessels, eyes, kidneys, and nerves. In 2019, nearly 463 million adults from 20 to 79 years old had diabetes and is estimated to rise to about 700 million by 2045 globally, according to the International Diabetes Federation.