Mexico Insulin Patch Pumps Market Size & Outlook
Mexico insulin patch pumps market, 2018-2030 (US$M)
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Mexico insulin patch pumps market highlights
- The Mexico insulin patch pumps market generated a revenue of USD 11.7 million in 2023 and is expected to reach USD 25.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.7% 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 11.7 million |
| Market revenue in 2030 | USD 25.4 million |
| Growth rate | 11.7% (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, Mexico accounted for 1.2% 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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Mexico 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 56.41% in 2023. Horizon Databook has segmented the Mexico insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
Key drivers of the market include increasing incidence of diabetes and the launch of advanced diabetes management devices in the region. According to the International Diabetes Federation, there were approximately 12 million people living with diabetes in 2017, at a prevalence of 14.8%.
Obesity is one of the key reasons for the high prevalence of diabetes. Technological advancements in diabetes care are likely to further propel the market. Connected insulin patch pump apps are now ubiquitous; they can allow patients to import meter data to their smartphones.
The incorporation of data analytics and artificial intelligence in diabetes care devices is likely to further propel the market during the forecast period.
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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 Mexico insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into Mexico insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
Mexico Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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