There are 1.9 million individuals with Type 1 Diabetes in the US.9 100% of patient population require daily insulin injection. Only 1 out of 3 currently use an insulin pump.

Pumping

32% of population utilizes insulin pumps for diabetes management

32%

Multiple Daily Injections (MDI's)

68% of the population rely on multiple daily injections for diabetes management

68%

Almost Pumpers

Almost Pumpers are 30% of the market. They would choose an insulin pump if it were less expensive, took less time to learn and use, and posed a low technological hurdle.

$1.9bn

Market Opportunity

Discover how Modular Medical is developing technology to empower the whole diabetes community with MODD1

FreeStyle Libre vs. Dexcom Revenue

Encouraging Adoption

Abbott Libre Freestyle made continuous glucose monitoring easier and more affordable. This expanded the product category and doubled its size.

We believe the insulin pump market is ready for a similar transition.

“In short, Flash Glucose Monitoring is fundamentally trying to take something that is more “professional” (i.e., traditional CGM) and make it more accessible to the masses. In consumer-packaged goods, examples of this strategy include home espresso makers (Keurig), cleaning products (e.g., dilutable floor cleaners, spray cleaners, wipes, toilet wands), and teeth whitening (e.g., whitening strips).

In these cases, the new innovation completely changed the entire category; we look forward to seeing if Flash Glucose Monitoring does something similar in diabetes.”

-Kelly Close, 2014

Learn More About How We Are Changing Diabetes Care

If you'd like more information about our innovations, please contact us and we'll be in touch shortly.

contact us

Email

info@modular-medical.com

phone number

858-800-3500