Global Insulin Patch Pumps Market Size, Forecasts, And Opportunities – Includes Insulin Patch Pumps Market Share
Learn about the global insulin patch pumps market through The Business Research Company, which provides information on insulin patch pumps market size, insulin patch pumps market drivers and restraints, insulin patch pumps market players, the COVID-19 impact on the insulin patch pumps market, and more.
The global insulin patch pumps market size is expected to grow from $1.10 billion in 2021 to $1.18 billion in 2022 at a compound annual growth rate (CAGR) of 7.24%. The global insulin patch pump market size is expected to reach $1.63 billion in 2026 at a CAGR of 8.58%.
The rising prevalence of diabetes across the globe is expected to drive the growth of the insulin patch pumps market in the forecast period.
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The insulin patch pumps market consists of sales of insulin patch pumps devices by entities (organizations, sole traders, and partnerships) that are small, computerized devices with pre-programmed delivery of insulin dosage to a diabetic patient to conveniently manage their blood sugar. An insulin patch pump is often attached to a strap under the garments, in a pocket, on the waist belt, and with an adhesive patch on the stomach or arm of the patient.
Global Insulin Patch Pumps Market Segments Include:
By Type: Traditional Insulin Pumps, Smart Insulin Pump, Disposable Insulin Pumps
By Mode: Basal, Bolus
By Pump Type: Tethered Pump, Patch Pump
By Application: Type 1 Diabetes, Type 2 Diabetes
By End-User: Hospital, Clinics, Laboratories, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the insulin patch pumps market in 2021.
Integration of the advanced technologies in insulin patch pumps is the key trend gaining popularity in the insulin patch pumps market. Insulin patch pumps are being integrated with the advanced technologies such as integration with a smartphone and enabling automation in insulin delivery. Continuous glucose monitors and traditional insulin pumps are evolving into smarter devices that can automate insulin delivery. These devices offer convenient and easy-to-use features while reducing manual intervention for insulin delivery.
Major Market Players: Cellnovo, Insulet Corporation, Medtronic Plc, Tandem Diabetes Care Inc, Hoffmann-La-Roche AG, Cequr SA, Animus Corp, Ypsomed, Abbott Laboratories Inc, Becton, Dickinson and Company, Braun Melsungen AG, Sanofi, Eoflow, Johnson & Johnson, Zealand Pharma and Debiotech SA.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Insulin Patch Pumps Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides insulin patch pumps market overviews, analyzes and forecasts market size, share, insulin patch pumps market players, insulin patch pumps market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s insulin patch pumps market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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