Brazil Insulin Patch Pumps Market Size & Outlook
Brazil insulin patch pumps market, 2018-2030 (US$M)
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Brazil insulin patch pumps market highlights
- The Brazil insulin patch pumps market generated a revenue of USD 16.7 million in 2023 and is expected to reach USD 33.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, basal and bolus was the largest revenue generating delviery mode in 2023.
- Basal and Bolus is the most lucrative delviery mode segment registering the fastest growth during the forecast period.
Insulin patch pumps market data book summary
| Market revenue in 2023 | USD 16.7 million |
| Market revenue in 2030 | USD 33.9 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Basal and bolus |
| Fastest growing segment | Basal and Bolus |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Basal, Bolus, Basal and Bolus |
| Key market players worldwide | Medtronic PLC, Roche Holding AG, Insulet Corp, Terumo Corp, Tandem Diabetes Care Inc, CeQur Simplicity, Medtrum, Debiotech |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global insulin patch pumps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil insulin patch pumps market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 25.4 million by 2030.
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Insulin Patch Pumps Market Scope
Insulin Patch Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil insulin patch pumps 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 insulin patch pumps market will help companies and investors design strategic landscapes.
Basal and bolus was the largest segment with a revenue share of 56.29% in 2023. Horizon Databook has segmented the Brazil insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
It dominated Latin America’s overall insulin pump market in 2019, owing to the presence of a large geriatric population, increasing incidence of diabetes, and technological innovations in insulin delivery devices.
According to the International Diabetes Federation, around 12 million people are living with diabetes in the country, at a prevalence of 8.7%. Brazil has a structured healthcare system, which offers free medication to treat diabetes, including the provision of test strips, syringes, and glucose monitors.
To get additional medication that may be unaffordable for individual patients, there is an administration request that can be filed with the medical prescription and verification to know whether a patient needs financial aid.
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Our clientele includes a mix of insulin patch pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into Brazil insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
Brazil Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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