Saudi Arabia Insulin Patch Pumps Market Size & Outlook
Saudi Arabia insulin patch pumps market, 2018-2030 (US$M)
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Saudi Arabia insulin patch pumps market highlights
- The Saudi Arabia insulin patch pumps market generated a revenue of USD 7.2 million in 2023 and is expected to reach USD 15.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.8% 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 7.2 million |
| Market revenue in 2030 | USD 15.7 million |
| Growth rate | 11.8% (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, Saudi Arabia 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 Middle East & Africa, South Africa insulin patch pumps market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.1 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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Saudi Arabia 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 55.56% in 2023. Horizon Databook has segmented the Saudi Arabia insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
Diabetes is one of the major health problems in Saudi Arabia. According to the International Diabetes Federation, there were approximately 3.8 million people living with diabetes in 2017, at a prevalence of 18.5%.
Key drivers of the market are expected to be the increasing diabetic population and technological advancements. Furthermore, new product launches and FDA approvals of novel devices are likely to 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 Saudi Arabia insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
Saudi Arabia Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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