Brazil Diabetes Devices Market Size & Outlook, 2023-2030
Brazil diabetes devices market, 2018-2030 (US$M)
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Brazil diabetes devices market highlights
- The Brazil diabetes devices market generated a revenue of USD 592.1 million in 2023 and is expected to reach USD 1,004.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, insulin delivery devices was the largest revenue generating type in 2023.
- Insulin Delivery Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Diabetes devices market data book summary
| Market revenue in 2023 | USD 592.1 million |
| Market revenue in 2030 | USD 1,004.6 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Insulin delivery devices |
| Fastest growing segment | Insulin Delivery Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Glucose Monitoring (BGM) Devices, Insulin Delivery Devices |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Roche Holding AG, Bayer AG, Johnson & Johnson, B. Braun, DexCom Inc, Insulet Corp, Ypsomed Holding AG, Sanofi SA, Novo Nordisk A/S ADR, Arkray |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.0% of the global diabetes devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil diabetes devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,004.6 million by 2030.
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Diabetes Devices Market Scope
Diabetes Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil diabetes devices 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 diabetes devices market will help companies and investors design strategic landscapes.
Insulin delivery devices was the largest segment with a revenue share of 54.18% in 2023. Horizon Databook has segmented the Brazil diabetes devices market based on blood glucose monitoring (bgm) devices, insulin delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for advanced devices and other home health applications for diabetes in Brazil is high. People in Brazil consider the use of devices manufactured in the U.S., Europe, and Canada. However, they prefer domestic applications because of low costs. Manufacturing costs in Brazil are lower than that in developed countries, which is attracting several market players for investment in the country.
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Target buyers of Brazil diabetes devices market databook
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Our clientele includes a mix of diabetes devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil diabetes devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil diabetes devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil diabetes devices market size, by type, 2018-2030 (US$M)
Brazil Diabetes Devices Market Outlook Share, 2023 & 2030 (US$M)
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