Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,002.00 Million | USD 2,527.60 Million | 10.95% | 2023 |
The global insulin patch pump market size was worth around USD 1,002.00 million in 2023 and is predicted to grow to around USD 2,527.60 million by 2032 with a compound annual growth rate (CAGR) of roughly 10.95% between 2024 and 2032.
The report covers forecasts and analyses for the insulin patch pump market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the insulin patch pump market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the insulin patch pump market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the insulin patch pump market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.
The report provides a company market share analysis in order to give a broader overview of the key players in the insulin patch pump market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new types of insulin launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the insulin patch pump market on a global and regional basis.
The study provides a crucial view of the insulin patch pump by segmenting the market based on type of insulin, model type, end user, and region. All the segments of the insulin patch pump market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on type of insulin, global insulin patch pump market is bifurcated into basal, bolus, and basal-bolus. Based on model type, global insulin patch pump market is categorized into disposable and reusable. Based on end user market is segmented into hospitals, private clinics, retail pharmacies, online pharmacies and other end users.
Report Attributes | Report Details |
---|---|
Report Name | Insulin Patch Pump Market |
Market Size in 2023 | USD 1,002.00 Million |
Market Forecast in 2032 | USD 2,527.60 Million |
Growth Rate | CAGR of 10.95% |
Number of Pages | 245 |
Key Companies Covered | Roche Diagnostics; Medtronic Plc; Valeritus; Insulet Corporation; Cellnovo Ltd; CeQur., and others. |
Segments Covered | By Type of Insulin, By Model Type, By End User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Insulin Patch Pump Market: Regional Analysis
The regional segment includes North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.
North America dominates the insulin patch pump market, holding a significant revenue share. This is attributed to the high prevalence of diabetes, advanced healthcare infrastructure, and the presence of major market players. The United States, in particular, leads due to its large diabetic population and the frequent approval of new devices by the Food and Drug Administration (FDA).
Europe holds a substantial share of the global insulin patch pump market, supported by high healthcare standards, strong regulatory frameworks, and increasing diabetes awareness. Countries like Germany, the UK, France, and Italy are leading in the adoption of advanced insulin delivery systems.
The Asia-Pacific region is anticipated to witness the fastest growth in the insulin patch pump market. This growth is driven by the rapidly increasing diabetic population in countries like China and India, improving healthcare infrastructure, and rising awareness about diabetes management solutions.
Insulin Patch Pump Market: Competitive Analysis
The global insulin patch pump market is dominated by players like:
The report segments of the global insulin patch pump market are as follows:
Global Insulin Patch Pump Market: Type of Insulin
Global Insulin Patch Pump Market: By Model Type
Global Insulin Patch Pump Market: By End User
Global Insulin Patch Pump Market: By Region
FrequentlyAsked Questions
An insulin patch pump is a wearable device that delivers insulin continuously through a tiny needle inserted under the skin, offering a more discreet alternative to traditional insulin injections.
According to a study, the global insulin patch pump market size was worth around USD 1,002.00 million in 2023 and is expected to reach USD 2,527.60 million by 2032.
The global insulin patch pump market is expected to grow at a CAGR of 10.95% during the forecast period.
North America is expected to dominate the insulin patch pump market over the forecast period.
Leading players in the global insulin patch pump market include Roche Diagnostics; Medtronic Plc; Valeritus; Insulet Corporation; Cellnovo Ltd; and CeQur., among others.
The insulin patch pump market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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