Global Artificial Pancreas Device Systems Market Size & Outlook
Global artificial pancreas device systems market, 2018-2030 (US$M)
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Global artificial pancreas device systems market highlights
- The global artificial pancreas device systems market generated a revenue of USD 186.8 million in 2023 and is expected to reach USD 636.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.1% by 2030.
- In terms of segment, threshold suspend device systems accounted for a revenue of USD 145.7 million in 2023.
- Control-to-Target (CTT) Systems is the most lucrative device type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 186.8 million |
| Market revenue in 2030 | USD 636.3 million |
| Growth rate | 19.1% (CAGR from 2023 to 2030) |
| Largest segment | Threshold suspend device systems |
| Fastest growing segment | Control-to-Target (CTT) Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Threshold Suspend Device Systems, Control-to-Range (CTR) Systems, Control-to-Target (CTT) Systems |
Other key industry trends
- In terms of revenue, the North America accounted for 47.9% of the global artificial pancreas device systems market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 5.9 million by 2030.
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Artificial Pancreas Device Systems Market Scope
Artificial Pancreas Device Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global artificial pancreas device systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial pancreas device systems market will help companies and investors design strategic landscapes.
Threshold suspend device systems was the largest segment with a revenue share of 78% in 2023. Horizon Databook has segmented the Global artificial pancreas device systems market based on threshold suspend device systems, control-to-range (ctr) systems, control-to-target (ctt) systems covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Artificial Pancreas Device Systems Device Type Outlook (Revenue, USD Million, 2018-2030)
- Threshold Suspend Device Systems
- End Use
- Hospital
- Specialty Facilities
- Home Care
- Research And Manufacturing
- End Use
- Control-to-Range (CTR) Systems
- End Use
- Hospital
- Specialty Facilities
- Home Care
- Research And Manufacturing
- End Use
- Control-to-Target (CTT) Systems
- End Use
- Hospital
- Specialty Facilities
- Home Care
- Research And Manufacturing
- End Use
- Threshold Suspend Device Systems
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial pancreas device systems market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial pancreas device systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global artificial pancreas device systems market size, by regions, 2018-2030 (US$M)
Top 10 countries: Artificial pancreas device systems market size, 2023 (US$M)
Global artificial pancreas device systems market share, by device type, 2023 & 2030 (%, US$M)
Artificial pancreas device systems market: Opportunity assessment by country
Global artificial pancreas device systems market, by region, 2023 (US$M)
| Device Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 38.3 | 45.0 | 54.8 | 64.4 | 75.9 | 89.5 | 105.7 | 125.0 | 148.1 | 175.6 | 208.6 | 248.2 | 295.8 | 18.6% |
| Europe | 16.0 | 18.9 | 23.1 | 27.2 | 32.2 | 38.2 | 45.3 | 53.9 | 64.1 | 76.4 | 91.1 | 108.9 | 130.3 | 19.2% |
| Asia Pacific | 13.6 | 16.2 | 20.1 | 24.0 | 28.7 | 34.5 | 41.3 | 49.7 | 59.8 | 72.1 | 87.0 | 105.1 | 127.2 | 20.5% |
| Latin America | 6.3 | 7.4 | 9.1 | 10.7 | 12.7 | 15.0 | 17.7 | 21.0 | 24.9 | 29.7 | 35.3 | 42.1 | 50.3 | 18.9% |
| MEA | 4.1 | 4.8 | 5.9 | 7.0 | 8.2 | 9.7 | 11.5 | 13.7 | 16.2 | 19.3 | 23.0 | 27.4 | 32.7 | 18.9% |
| Overall | 78.3 | 92.3 | 112.9 | 133.3 | 157.7 | 186.8 | 221.6 | 263.2 | 313.1 | 373.0 | 445.0 | 531.7 | 636.3 | 19.1% |
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