Turkey Insulin Patch Pumps Market Size & Outlook
Turkey insulin patch pumps market, 2018-2030 (US$M)
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Turkey insulin patch pumps market highlights
- The Turkey insulin patch pumps market generated a revenue of USD 22.0 million in 2023 and is expected to reach USD 45.9 million by 2030.
- The Turkey 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 22.0 million |
| Market revenue in 2030 | USD 45.9 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, Turkey accounted for 2.2% 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 Europe, Germany insulin patch pumps market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 108.3 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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Turkey 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 Turkey insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
The diabetic population in Turkey is increasing at rapid pace and is expected to continue growing over the forecast period. According to the International Diabetes Federation, the number of people suffering from diabetes in Turkey was 3.6 million in 2010 and reached 6.5 million in 2019.
The number of people with impaired glucose tolerance increased from 3.1 million in 2010 to 4.0 million in 2019. The growth of this market can primarily be attributed to the increasing healthcare expenditure related to diabetes and technological advancements in this field.
According to the IDF Atlas 9th Edition, total diabetes-related healthcare expenditure increased from USD 2,104.7 in 2010 to USD 9,258.2 in 2019.
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Horizon Databook provides a detailed overview of country-level data and insights on the Turkey insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into Turkey insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Turkey insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
Turkey Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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