Insulet
Insulet Corporation (NASDAQ: PODD) is a medical device company that develops the Omnipod line of tubeless, wearable automated insulin delivery systems, serving more than 600,000 people with insulin-dependent diabetes across 25 countries via a recurring consumables model.
- Company typePublic
- Founded2000
- HeadquartersActon, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingHardware or Manufacturing
What Insulet does
Insulet Corporation (NASDAQ: PODD) is a Massachusetts-headquartered medical device company that develops, manufactures, and sells the Omnipod line of tubeless, wearable insulin delivery systems for people with insulin-dependent diabetes. Founded in 2000 by John Brooks after his son's type 1 diabetes diagnosis, Insulet serves more than 600,000 global customers across 25 countries, including approximately 100,000 children, and reported $2.7B in 2025 revenue with Q1 2026 revenue of $761.7M growing 33.9% year-over-year. The company employs roughly 2,900 people globally and operates as an independent publicly traded entity with no parent company, led by CEO Ashley McEvoy.
The core technology is the Omnipod platform: a disposable, waterproof (IP28 rating for up to 25 feet for 60 minutes) Pod that delivers continuous insulin for up to 72 hours without tubing, paired with proprietary automated insulin delivery (AID) algorithms. The flagship Omnipod 5 system integrates with continuous glucose monitors (CGMs) including Abbott's FreeStyle Libre 3 Plus and Dexcom sensors, offers six target glucose options (100-150 mg/dL), and is smartphone-controlled. The portfolio spans three shipping generations (Eros, DASH, Omnipod 5) plus two pipeline products—Omnipod 6, with STRIVE pivotal trial data showing 54% time in tight range and a targeted 2027 launch, and a fully closed-loop system for type 2 diabetes with 2028 launch intent. Manufacturing is performed at highly automated facilities in Acton, Massachusetts and Johor Bahru, Malaysia, with the company holding an extensive patent portfolio (23+ Omnipod 5 patents, multiple design patents) and trademarks protecting the Omnipod, Podder, and Toby the Turtle brands.
Insulet's business model is dominated by recurring consumables revenue from the Pod replacement cycle of its 600,000+ installed base; the reusable controller represents a one-time hardware purchase. The company employs a multi-channel go-to-market combining direct-to-consumer engagement (website, customer care, financial assistance programs), a direct field sales force targeting endocrinologists and healthcare providers, pharmacy distribution, and international distributors. Omnipod 5 is the #1 requested and prescribed AID system in the U.S. per the dQ&A HCP AID Algorithm Study (2025), and the company generated 71% gross margins in 2025 with full-year 2026 revenue guidance raised to 21-23% growth.
Insulet firmographics
Firmographics- Name
- Insulet
- Legal name
- Insulet Corporation
- Website
- https://insulet.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Insulet Corporation (NASDAQ: PODD) is a medical device company that develops the Omnipod line of tubeless, wearable automated insulin delivery systems, serving more than 600,000 people with insulin-dependent diabetes across 25 countries via a recurring consumables model.
- Ownership category
- akta.pro rank
Insulet industry classification
Industry- Product category
- Insulin Delivery Devices
- NAICS
- Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
- SIC
- Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Automated Insulin Delivery (AID) / Closed-Loop Systems (HLAHAHAF)
- akta.pro secondary industry
- Patch Pumps & Wearable Insulin Delivery (HLAHAHAC)
Keywords
Where Insulet is headquartered
LocationHeadquarters
- HQ city
- Acton
- HQ country
- United States
- HQ region
- North America
Offices13 records
Markets served
Insulet business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Technology or R&D, Marketing or Sales, Personnel, Supply Chain
Revenue model
- Omnipod Pod Consumables (Recurring): The primary revenue driver is the recurring consumables model centered on Pod replacements. Each Pod provides up to 72 hours of insulin delivery before requiring replacement, creating a recurring revenue stream from the installed base of 600K+ global customers. The recurring consumables cycle drives growth across both U.S. and international markets.
- Omnipod Insulin Management System Hardware: Initial system sales include the reusable controller/device along with starter Pod supplies. While the controller is a one-time purchase, the ongoing Pod consumables represent the primary revenue stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Standard Pod therapy with financial assistance options |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Insulet product offering
Product offeringCore offering
Insulet develops, manufactures, and sells the Omnipod line of tubeless, wearable, waterproof insulin delivery systems for people with insulin-dependent diabetes. The company offers the Omnipod 5 Automated Insulin Delivery (AID) System as its flagship product, integrating with continuous glucose monitors (CGMs) to automatically adjust insulin dosing via a smartphone app. Revenue is driven primarily by recurring sales of disposable Pods (each providing up to 72 hours of insulin delivery), supported by a reusable controller and cloud-connected data management tools.
Product overview
Insulet is a medical device company that develops, manufactures, and sells the Omnipod line of tubeless, wearable insulin delivery systems. The product portfolio consists of three generations of the core Omnipod Insulin Management System (Eros, DASH, and 5), along with two pipeline products in development (Omnipod 6 and a fully closed-loop system for type 2 diabetes). The Omnipod 5 AID system is the current flagship product providing automated insulin delivery with CGM integration, while the Omnipod DASH offers a touchscreen interface and Eros represents the legacy system. All products share the distinctive tubeless, waterproof Pod design providing up to 72 hours of insulin delivery. The company is expanding from primarily type 1 diabetes into the larger type 2 diabetes market through its fully closed-loop system development.
Differentiator
Problem solved
Functional benefit
Brands
- Omnipod 5: Automated Insulin Delivery System - tubeless, wearable, cloud-connected insulin pump system controlled by smartphone, approved for patients ages 2 and up with type 1 and type 2 diabetes
- Omnipod DASH
- Omnipod Eros
- Omnipod 6
- Fully Closed-Loop System
- Omnipod Discover
- My Omnipod
Quantifiable outcome
- Time in tight range improved from 47% to 54% with Omnipod 6 vs Omnipod 5 in Type 1 diabetes patients
- +3 more outcomes
Companies that use Insulet
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Insulet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability3 records
Feature5 records
Insulet partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Abbott LaboratoriescoreAbbott's FreeStyle Libre 3 Plus CGM sensor integration with Omnipod 5 provides users with additional sensor options. This integration represents a key competitive differentiator, expanding compatibility beyond Dexcom CGM systems.
- Healthcare Authorities (International)corePartnerships with health authorities internationally to drive equitable access to diabetes management technology. Working with governments, health technology assessment bodies, and payors to evaluate Omnipod technology.
- Industry Associations and Medical Professional OrganizationsminorStrategic partnerships with industry associations, medical professional organizations, and consumer advocacy groups to broaden diabetes care efforts and co-create programs meeting community needs.
- Nonprofit Diabetes OrganizationsminorPartnerships with nonprofit organizations providing community-centered care through resources, tools, and services. Focus on reducing health barriers and disparities in underserved communities living with diabetes.
- Responsible Business Alliance (RBA)minorMember of RBA, the world's largest industry coalition dedicated to corporate social responsibility in global supply chains. Adopted RBA Code of Conduct as Insulet Supplier Code of Conduct.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Insulet competitors and assessment
Company assessmentDirect peers
- Tandem Diabetes Care: Tandem's t:slim X2 with Control-IQ is a direct AID competitor to Omnipod 5, serving the same Type 1 diabetes patient population with automated insulin delivery integrated to Dexcom CGMs. Closest comparable in product category, business model, and target prescriber base.
- EOFlow: EOFlow's EOPatch is a tubeless, wearable patch pump that most closely resembles the Omnipod form factor. Direct patch-pump competitor with overlapping design philosophy and target patient population; subject of prior trade-secret litigation with Insulet.
Broad incumbents
- Medtronic Diabetes: Medtronic's MiniMed 780G is the dominant incumbent AID system globally with established payor contracts and HCP relationships. Competes directly with Omnipod 5 in hybrid closed-loop insulin delivery but with a tubed form factor and broader diabetes portfolio (sensors, pumps, services).
- Roche Diabetes Care: Roche's Accu-Chek portfolio (Smart insulin pen, Insight pump, CGM via Roche/MediTuner) competes broadly in diabetes management with global reach. Larger and more diversified than Insulet but with less algorithmic and patch-pump specialization in AID.
Emerging players
- Beta Bionics: Beta Bionics' iLet bionic pancreas is an emerging AID system approved for both Type 1 and Type 2 diabetes, competing directly with Omnipod 5's expanding indications. Smaller commercial scale but credible algorithmic challenger with growing real-world evidence.
- Diabeloop: Diabeloop develops closed-loop insulin delivery algorithms (DBLG1) integrated with multiple pumps including patch form factors, with growing focus on Type 2 diabetes. Direct algorithmic and product overlap with Omnipod 5/6 and a credible challenger in the European T2D expansion opportunity.
- Bigfoot Biomedical: Bigfoot's Unity system offers a connected insulin pen ecosystem with Type 1 and Type 2 indications, addressing adjacent diabetes management use cases. Earlier-stage commercialization but overlaps with Insulet's underserved community and T2D expansion strategies.
Others
- Dexcom: Dexcom's G6/G7 CGM is the historical primary sensor integrated with Omnipod 5 and Control-IQ. Functions as both a key supplier/partner and adjacent competitor as CGM-algorithm stacks increasingly define AID outcomes — vertical integration could pressure Insulet long term.
- Abbott Diabetes Care: Abbott's FreeStyle Libre 2/3/3 Plus CGM is now integrated with Omnipod 5 (FDA-cleared June 2026). Strategic sensor partner and indirect competitive dynamic as Abbott expands its own diabetes ecosystem (Libre sensors, Biowearable platform).
Regional players
- Ypsomed: Ypsomed's mylife Loop with YpsoPump and CamAPS FX algorithm is a meaningful European AID competitor with tubed and emerging patch offerings. Comparable product/market approach but primarily serves EU/UK markets versus Insulet's U.S.-centric installed base.
Market position
Strengths5 records
Weaknesses6 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Insulet social profiles
Digital presenceInsulet compliance and trust
Trust signalCompliance1 record
Insulet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Insulet leadership team
Management profileNumber of profiles
Profiles7 records
Insulet funding detail
Funding detailFunding overview
Funding rounds7 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Insulet M&A and investment
M&A and investmentM&A1 record
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Insulet
What does Insulet do?
Insulet develops, manufactures, and sells the Omnipod line of tubeless, wearable, waterproof insulin delivery systems for people with insulin-dependent diabetes. The company offers the Omnipod 5 Automated Insulin Delivery (AID) System as its flagship product, integrating with continuous glucose monitors (CGMs) to automatically adjust insulin dosing via a smartphone app. Revenue is driven primarily by recurring sales of disposable Pods (each providing up to 72 hours of insulin delivery), supported by a reusable controller and cloud-connected data management tools.
Is Insulet a public or private company?
Insulet is a public company. It is classified as public and is currently operating.
When was Insulet founded?
Insulet was founded in 2000. It employs 1,001 to 5,000 people.
Where is Insulet based?
Insulet is headquartered in Acton, United States, in the North America region.
How does Insulet make money?
Two revenue lines are on record. Omnipod Pod Consumables (Recurring) is the primary driver. The others are omnipod Insulin Management System Hardware.
Who are Insulet's main competitors?
Direct peers on record are Tandem Diabetes Care and EOFlow. Broad incumbents are Medtronic Diabetes and Roche Diabetes Care. Emerging players are Beta Bionics, Diabeloop and Bigfoot Biomedical. Others are Dexcom and Abbott Diabetes Care. Ypsomed is listed as a regional player.
Does Insulet have an API?
No public API is recorded for Insulet.
What industry is Insulet in?
Insulet's product category is Insulin Delivery Devices. Its primary akta.pro industry code is HLAHAHAF, Automated Insulin Delivery (AID) / Closed-Loop Systems, with a secondary code of HLAHAHAC, Patch Pumps & Wearable Insulin Delivery. Its NAICS code is 334510 and its SIC code is 3845.