Colombia Insulin Patch Pumps Market Size & Outlook
Colombia insulin patch pumps market, 2018-2030 (US$M)
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Colombia insulin patch pumps market highlights
- The Colombia insulin patch pumps market generated a revenue of USD 7.4 million in 2023 and is expected to reach USD 15.5 million by 2030.
- The Colombia market is expected to grow at a CAGR of 11.1% 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 7.4 million |
| Market revenue in 2030 | USD 15.5 million |
| Growth rate | 11.1% (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, Colombia accounted for 0.7% 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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Colombia 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 56.76% in 2023. Horizon Databook has segmented the Colombia insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Diabetes Federation, there were more than 2 million Colombians living with diabetes, at a prevalence of 8.1%. Diabetes is one of the leading causes of death in Colombia, at 15 deaths per 100,000 people.
Furthermore, technological advancements and the launch of innovative products are likely to propel the market over the forecast period. The growing adoption of smart devices and increasing downloads of insulin patch pump apps are further propelling the market.
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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 Colombia insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into Colombia insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
Colombia Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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