Latin America Insulin Patch Pumps Market Size & Outlook
Latin America insulin patch pumps market, 2018-2030 (US$M)
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Latin America insulin patch pumps market highlights
- The Latin America insulin patch pumps market generated a revenue of USD 56.7 million in 2023.
- The market is expected to grow at a CAGR of 11% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 56.7 million |
| Market revenue in 2030 | USD 117.7 million |
| Growth rate | 11% (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, Latin America region accounted for 5.7% 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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Latin America 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 56.26% in 2023. Horizon Databook has segmented the Latin America insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
key market drivers include increasing R&D in diabetes management and increasing awareness about diabetes preventive care. Growth of the region’s market can be attributed to the increasing adoption of insulin patch pumps and technological advancements.
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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 continent-level data and insights on the Latin America insulin patch pumps market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America insulin patch pumps market size, by country, 2018-2030 (US$M)
Latin America Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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