Global Insulin Pump Market Size & Outlook, 2023-2030
Global insulin pump market, 2018-2030 (US$M)
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Global insulin pump market highlights
- The global insulin pump market generated a revenue of USD 6,056.7 million in 2023 and is expected to reach USD 10,573.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
- In terms of segment, tethered pumps accounted for a revenue of USD 4,705.4 million in 2023.
- Patch Pumps is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,056.7 million |
| Market revenue in 2030 | USD 10,573.2 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Tethered pumps |
| Fastest growing segment | Patch Pumps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Patch Pumps, Tethered Pumps |
Other key industry trends
- In terms of revenue, the North America accounted for 45.7% of the global insulin pump market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 410.9 million by 2030.
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Insulin Pump Market Scope
Insulin Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global insulin pump 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 pump market will help companies and investors design strategic landscapes.
Tethered pumps was the largest segment with a revenue share of 77.69% in 2023. Horizon Databook has segmented the Global insulin pump market based on patch pumps, tethered pumps covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Insulin Pump Type Outlook (Revenue, USD Million, 2018-2030)
- Patch Pumps
- Tethered Pumps
- Global Insulin Pump Product Outlook (Revenue, USD Million, 2018-2030)
- MiniMed (630G, 670G, and VEO)
- Accu-Chek (combo, insight, and solo)
- Tandem ( T-SLIM X2, G4, T: flex delivery system)
- Omnipod
- My life Omnipod/ ypsomed
- Other Products
- Global Insulin Pump Accessories Outlook (Revenue, USD Million, 2018-2030)
- Insulin Reservoir or Cartridges
- Insulin Set Insertion Devices
- Battery
- Global Insulin Pump End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals and Clinics
- Homecare
- Laboratories
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Target buyers of Global insulin pump market databook
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Our clientele includes a mix of insulin pump market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 global-level data and insights on the Global insulin pump market , including forecasts for subscribers. This global databook contains high-level insights into Global insulin pump market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global insulin pump market size, by regions, 2018-2030 (US$M)
Top 10 countries: Insulin pump market size, 2023 (US$M)
Global insulin pump market share, by type, 2023 & 2030 (%, US$M)
Insulin pump market: Opportunity assessment by country
Global insulin pump market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,985.3 | 2,120.7 | 2,521.4 | 2,480.4 | 2,559.8 | 2,765.8 | 2,996.4 | 3,255.0 | 3,515.2 | 3,795.7 | 4,097.9 | 4,407.9 | 4,725.6 | 8.0% |
| Europe | 916.9 | 981.0 | 1,168.3 | 1,151.3 | 1,190.1 | 1,288.1 | 1,397.9 | 1,521.1 | 1,645.6 | 1,779.9 | 1,925.0 | 2,074.3 | 2,227.7 | 8.1% |
| Asia Pacific | 706.3 | 766.7 | 926.2 | 925.7 | 970.3 | 1,064.8 | 1,171.4 | 1,292.0 | 1,416.4 | 1,552.4 | 1,701.0 | 1,856.7 | 2,019.7 | 9.6% |
| Latin America | 406.6 | 434.1 | 515.8 | 507.2 | 523.1 | 564.9 | 611.7 | 664.1 | 716.8 | 773.6 | 834.7 | 897.4 | 961.5 | 7.9% |
| MEA | 267.4 | 285.7 | 339.8 | 334.4 | 345.2 | 373.1 | 404.3 | 439.3 | 474.6 | 512.6 | 553.6 | 595.6 | 638.8 | 8.0% |
| Overall | 4,282.5 | 4,588.2 | 5,471.5 | 5,399.0 | 5,588.5 | 6,056.7 | 6,581.6 | 7,171.5 | 7,768.7 | 8,414.2 | 9,112.2 | 9,831.9 | 10,573.2 | 8.3% |
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