UK Insulin Patch Pumps Market Size & Outlook, 2023-2030
UK insulin patch pumps market, 2018-2030 (US$M)
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UK insulin patch pumps market highlights
- The UK insulin patch pumps market generated a revenue of USD 38.2 million in 2023 and is expected to reach USD 79.0 million by 2030.
- The UK market is expected to grow at a CAGR of 10.9% 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 38.2 million |
| Market revenue in 2030 | USD 79.0 million |
| Growth rate | 10.9% (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, UK accounted for 3.8% 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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UK 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 56.28% in 2023. Horizon Databook has segmented the UK insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
The market is expected to show steep growth owing to the increasing prevalence of diabetes and favorable reimbursement policies for diabetes care. According to the International Diabetes Federation report (2019), 1 in 18 adults or 5.6% of the total population in the country suffered from diabetes.
Insulin pumps cost approximately USD 4,000 in the country. Around 7% of type 1 diabetes patients and less than 5% of type 2 diabetes patients use insulin pumps in the country. Insulin pumps are expensive and covered under insurance policies, such as national health coverage policies or through a company called insurance4insulinpumps.
Technological advancements and government awareness campaigns are likely to further propel the market over the forecast period. For instance, in June 2018, Diabetes U.K. launched an online learning zone to educate people with diabetes.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into UK insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
UK Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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