Wolfe Med Tools: Patch Wars – New Hope for Share Donors or Will Force Stay Strong with Leader?

研报英文原文证据摘录

Wolfe Med Tools: Patch Wars – New Hope for Share Donors or Will Force Stay Strong with Leader?

Medical Supplies & Devices

Medical Supplies & Devices - Market Weight

Wolfe Med Tools: Patch Wars – New Hope for Share June 11, 2026

Donors or Will Force Stay Strong with Leader?

The Wolfe Byte

ADA got us thinking patch pumps. Everyone launching their own 'patch' it's hard to keep track. Net, introduce keep

it simple insulin patch pump stat sheet and present scrubbed product cycle catalyst calendar.

Recurring insulin pump theme at ADA last weekend is everyone getting closer to launching their own patch pump.

No two devices are the same and it’s hard to keep all the differences straight. Net, introduce our keep it simple insulin

pump stat sheet.Has everything we know about key hardware specs and wearability. Also present scrubbed up insulin

pump product cycle calendar with all timing expectations laid out in one spot.

Is patch competition going to kill PODD? Feels unlikely. On form factor we think PODD>BBNX>MMED>TNDM. PODD

is king on form factor with the one of one fully disposable pump. BBNX next as semi durable but no charging. MMED/

TNDM neck and neck for 3rd as both require charging, but we think MMED inches out the win as is a 2 piece device versus

TNDM at 3 pieces. Fewer pieces and no charging = less burden. More pieces and charging = more burden. We think

majority of patients will opt for the simplest effective solution.

Hardware is one piece. Software the other. Long time complaint of PODD was the algo fails to keep you tight and kicks

you out of auto mode frequently. Updated O5 algo and early look at O6 algo suggests PODD is listening to patients

and iterating on these facets. See this as evidence of market leader innovating and keeping foot on gas. BBNX still think