Global Insulin Patch Pump Market
Global Insulin Patch Pump Market was valued at US$ 4.2 billion in 2021, estimated to reach US$ 14.68 billion in 2027, with a CAGR of 14.02% from 2022-2027.
Insulin pumps are compact computerized drug delivery devices which enables the delivery of the insulin doses in required amount into a diabetic patient. The increased efficiency of the insulin pumps in managing & controlling the diabetes regularly by providing consistent delivery of the insulin doses to the patients has fostered the adoption of the insulin pumps across the globe.
Market Drivers
The demand for the insulin pumps is mainly driven by the growing prevalence of diabetes among the population. As per the data provided by the International Diabetes Federation, around 552 million people across the globe are estimated to have diabetes by the year 2030. Furthermore, According to the WHO (World Health Organization), diabetes is a major cause of blindness, stroke, and kidney failure.
The changing lifestyle of the consumers, shifting consumption pattern, and unhealthy food habits of the people is surging the cases of diabetes among population. Growing awareness regarding the availability of the advanced innovative pumps & it’s easy availability are the major factors which drives the growth of the global insulin pump market. Also, the increase in investments by the market players in the research & innovation of the drug delivery devices has encouraged the development of the insulin pumps that primarily focuses on the convenience of the patients is propelling the market growth.
Market Restraints
The factors that can restrict the growth of the market include the complexity of the device which makes it less user-friendly. There is a series of steps required to make an insulin patch pump apt for use & there is a possibility of mistakes in this and therefore people not always prefer to go for an insulin patch pump.
Market Segmentation
Global Insulin Patch Pump Market is segmented into Delivery Mode such as Basal, Bolus, Basal & Bolus. By type market is segmented into Disposable and Reusable. By distribution channel market is segmented into Hospitals & Clinics, Retail Pharmacies, Online pharmacies and Others.
Regional Analysis
Global Insulin Patch Pump Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The presence of numerous key market players in the region coupled with the increased prevalence of diabetes & increased demand for the innovative drug delivery devices among the population has fostered the growth of the insulin pump market in North America. The increased disposable income as well as increased health consciousness has triggered the adoption of the insulin pumps among the population and the region is projected to retain its dominant position throughout the forecast period.
Key Players
Medtronic plc, F. Hoffmann-La Roche Ltd., Insulet Corporation, CeQur, Terumo, Tandem Diabetes Care, Medtrum, Debiotech, etc.
Market Taxonomy
By Delivery Mode
By Product Type
By Distribution Channel
By Region
Global Insulin Patch Pump Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Insulin Patch Pump Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Insulin Patch Pump Market, By Delivery Mode
5.1 Y-o-Y Growth Comparison, By Delivery Mode
5.2 Global Insulin Patch Pump Market Share Analysis, By Delivery Mode
5.3 Global Insulin Patch Pump Market Size and Forecast, By Delivery Mode
5.3.1 Basal
5.3.2. Bolus
5.3.3. Basal-Bolus
6 Global Insulin Patch Pump Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Insulin Patch Pump Market Share Analysis, By Product Type
6.3 Global Insulin Patch Pump Market Size and Forecast, By Product Type
6.3.1. Disposale
6.3.2 Reusable
7 Global Insulin Patch Pump Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Insulin Patch Pump Market Share Analysis, By Distribution Channel
7.3 Global Insulin Patch Pump Market Size and Forecast, By Distribution Channel
7.3. 1. Hospitals & Clinics
7.3.2. Retail Pharmacies
7.3.3. Online Pharmacies
8 Global Insulin Patch Pump Market, By Region
8.1 Global Insulin Patch Pump Market Share Analysis, By Region
8.2 Global Insulin Patch Pump Market Share Analysis, By Region
8.3 Global Insulin Patch Pump Market Size and Forecast, By Region
9 North America Insulin Patch Pump Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Insulin Patch Pump Market Share Analysis, By Delivery Mode
9.3 North America Insulin Patch Pump Market Size and Forecast, By Product Type
9.4 North America Insulin Patch Pump Market Size and Forecast, By Distribution Channel
9.5 North America Insulin Patch Pump Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeInsulin Patch Pump Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Insulin Patch Pump Market Share Analysis, By Delivery Mode
10.3 Europe Insulin Patch Pump Market Size and Forecast, By Product Type
10.4 Europe Insulin Patch Pump Market Size and Forecast, By Distribution Channel
10.5 Europe Insulin Patch Pump Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Insulin Patch Pump Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Insulin Patch Pump Market Share Analysis, By Delivery Mode
11.3 Asia Pacific Insulin Patch Pump Market Size and Forecast, By Product Type
11.4 Asia Pacific Insulin Patch Pump Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Insulin Patch Pump Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Insulin Patch Pump Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Insulin Patch Pump Market Share Analysis, By Delivery Mode
12.3 Latin America Insulin Patch Pump Market Size and Forecast, By Product Type
12.4 Latin America Insulin Patch Pump Market Size and Forecast, By Distribution Channel
12.5 Latin America Insulin Patch Pump Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13Middle East Insulin Patch Pump Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Insulin Patch Pump Market Share Analysis, By Delivery Mode
13.3 Middle East Insulin Patch Pump Market Size and Forecast, By Product Type
13.4 Middle East Insulin Patch Pump Market Size and Forecast, By Distribution Channel
13.5 Middle East Insulin Patch Pump Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 MEDTRONIC PLC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. F. HOFFMANN-LA ROCHE LTD
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. INSULET CORPORATION
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 CEQUR
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 TERUMO
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 TANDEM DIABETES CARE
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 MEDTRUM
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 DEBIOTECH
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
