Vietnam Insulin Patch Pumps Market Size & Outlook
Vietnam insulin patch pumps market, 2018-2030 (US$M)
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Vietnam insulin patch pumps market highlights
- The Vietnam insulin patch pumps market generated a revenue of USD 8.2 million in 2023 and is expected to reach USD 19.3 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 13% 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 8.2 million |
| Market revenue in 2030 | USD 19.3 million |
| Growth rate | 13% (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, Vietnam accounted for 0.8% 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 Asia Pacific, China insulin patch pumps market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 77.8 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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Vietnam 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 56.1% in 2023. Horizon Databook has segmented the Vietnam insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
Prevalence of diabetes in the country has grown significantly over the past decade. According to the International Diabetes Federation, prevalence in Vietnam increased from 3.5% in 2010 to 6% in 2019.
One of the key drivers likely to boost the market is the increasing number of people with impaired glucose tolerance. Moreover, total diabetes-related healthcare expenditure increased significantly over the past decade; it was USD 608.1 million in 2010 and reached approximately 3531.3 million in 2019.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam insulin patch pumps market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam insulin patch pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Vietnam insulin patch pumps market size, by delviery mode, 2018-2030 (US$M)
Vietnam Insulin Patch Pumps Market Outlook Share, 2023 & 2030 (US$M)
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