Latin America Insulin Pump Market Size & Outlook

The insulin pump market in Latin America is expected to reach a projected revenue of US$ 961.5 million by 2030. A compound annual growth rate of 7.9% is expected of Latin America insulin pump market from 2024 to 2030.

Revenue, 2023 (US$M)
$564.9
Forecast, 2030 (US$M)
$961.5
CAGR, 2024 - 2030
7.9%
Report Coverage
Latin America

Latin America insulin pump market highlights

  • The Latin America insulin pump market generated a revenue of USD 564.9 million in 2023.
  • The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
  • In terms of segment, tethered pumps was the largest revenue generating type in 2023.
  • Patch Pumps is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Colombia is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 564.9 million
Market revenue in 2030USD 961.5 million
Growth rate7.9% (CAGR from 2023 to 2030)
Largest segmentTethered pumps
Fastest growing segmentPatch Pumps
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPatch Pumps, Tethered Pumps
Key market players worldwideMedtronic PLC, Roche Holding AG ADR, Tandem Diabetes Care Inc, Insulet Corp, Ypsomed Holding AG, Zealand Pharma A/S, CellNovo, SOOIL Developments

Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.3% of the global insulin pump market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,019.7 million by 2030.

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Insulin Pump Market Companies

Name Profile # Employees HQ Website

Latin America 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 77.66% in 2023. Horizon Databook has segmented the Latin America insulin pump market based on patch pumps, tethered pumps covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Insulin Pump Type Outlook (Revenue, USD Million, 2018-2030)
    • Patch Pumps
    • Tethered Pumps
  • Latin America 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
  • Latin America Insulin Pump Accessories Outlook (Revenue, USD Million, 2018-2030)
    • Insulin Reservoir or Cartridges
    • Insulin Set Insertion Devices
    • Battery
  • Latin America Insulin Pump End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals and Clinics
    • Homecare
    • Laboratories

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Target buyers of Latin America insulin pump market databook

  • Our clientele includes a mix of insulin pump market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 continent-level data and insights on the Latin America insulin pump market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America insulin pump market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America insulin pump market size, by country, 2018-2030 (US$M)

Latin America Insulin Pump Market Outlook Share, 2023 & 2030 (US$M)

Latin America insulin pump market size, by country, 2018-2030 (US$M)

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