Europe Insulin Patch Pumps Market Size & Outlook
Europe insulin patch pumps market, 2018-2030 (US$M)
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Europe insulin patch pumps market highlights
- The Europe insulin patch pumps market generated a revenue of USD 308.2 million in 2023.
- The market is expected to grow at a CAGR of 10.5% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 308.2 million |
| Market revenue in 2030 | USD 619.0 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Basal and bolus |
| Fastest growing segment | Basal and Bolus |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 30.9% of the global insulin patch pumps market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 486.6 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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Europe 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 56.36% in 2023. Horizon Databook has segmented the Europe insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing diabetes patient pool and rising awareness about diabetes management & control are among the key factors expected to contribute to market growth over the forecast period. According to the International Diabetes Federation’s report (2017), approximately 66 million people in Europe suffer from diabetes, and this number is expected to reach 81 million by 2025.
The Russian Federation, Germany, Turkey, Spain, and Italy are the top five countries in Europe with a high incidence of diabetes. Europe held a significant market share in the global insulin patch pump market in 2019.
It was the second-largest market after North America. Its large market size can be attributed primarily to the local presence of major players in the region. New product launches and improvements in reimbursement policies are expected to propel the market over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe insulin patch pumps market , including forecasts for subscribers. This continent databook contains high-level insights into Europe insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe insulin patch pumps market size, by country, 2018-2030 (US$M)
Europe Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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