The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global insulin pump market, with a 44.16% market revenue share in 2023. The presence of significant market players involved in the production of medical devices and technology contributes to the market's growth. Technological advancements enable companies to reduce production costs, followed by retail cost reduction, making their products affordable and accessible to most of the population. The increasing overweight population, given the sedentary lifestyle of the modern world and the rising trend of on-the-go snacking, is increasing the risk of diabetes in overweight adults and prediabetes in overweight children. The growing geriatric population will also contribute to an increase in the diabetic population as the elderly are more susceptible to acquiring the condition. Government initiatives offering research funding to develop better products and public-private partnerships delivering promising results in the market are also responsible for the region's dominance. Well-established reimbursement mechanisms and private insurance markets also aid the development of the market. The Asia Pacific market is anticipated to grow the fastest during the forecast period. A substantial portion of the population in the region is above 60 years of age. The geriatric population is at greater risk of diabetes. Therefore, the increasing geriatric population will increase insulin dependence with the growing number of diabetic patients in the elderlies and propelling the growth of the market. The presence of significant market players supported by government initiatives to innovate, produce and manufacture medical technology domestically will also aid the market's development.
North America region Insulin Pump Market Share in 2023 - 44.16%
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The product type segment is divided into tethered pumps, patch pumps, consumables, and others. The patch pumps segment dominated the market with a revenue share of around 37% in 2023. Patch pumps are small, computerized insulin pumps that can be attached to the skin's surface. Patch pumps do not require any tubes to connect the pump to the cannula, allowing greater convenience for the patient. Patch pumps can be integrated or connected to smartphone apps that help the user monitor blood glucose levels to enhance insulin regulation. Integrating technology to add better features that enhance insulin-delivering will also propel the segment's growth.
The disease indication segment is divided into type 1 diabetes and type 2 diabetes. The type 1 diabetes segment dominated the market with a market share of around 76% in 2023. Type 1 diabetes is a chronic illness and regular insulin intake is vital for patient survival. There is little to no insulin produced by the pancreas in the body. A controlled diet, frequent exercise, and insulin pump therapy help to control blood sugar levels. The increasing prevalence of type 1 diabetes, given the several economic, social, and environmental factors, will contribute to the rising demand for insulin pumps globally. There are fewer people with type 1 diabetes than type 2 diabetes, but type 1 diabetes is more dependent on insulin pump therapy.
The distribution channel is divided into hospitals, retail pharmacies, online pharmacies, and others. The retail pharmacies segment dominated the market with a market share of around 48% in 2023. Retail pharmacies offer multiple brands and their devices in a single place, improving accessibility for the consumer. The growing presence of retail pharmacies offers greater convenience to consumers. Furthermore, retail pharmacies employ qualified personnel to assist consumers, enabling them to make informed decisions while buying insulin pumps or other necessary devices.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Disease Indication
4.3.3. Market Attractiveness Analysis by Distribution Channel
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The rising diabetic population
5.3. Restraints
5.3.1. The high cost of insulin pump
5.4. Opportunities
5.4.1. Integrating AI and ML to develop better insulin pump technologies
5.5. Challenges
5.5.1. Lack of insurance cover or re-imbursement policies
6. Global Insulin Pump Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Tethered Pumps
6.3. Patch Pumps
6.4. Consumables
6.5. Others
7. Global Insulin Pump Market Analysis and Forecast, By Disease Indication
7.1. Segment Overview
7.2. Type 1 Diabetes
7.3. Type 2 Diabetes
8. Global Insulin Pump Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Hospitals
8.3. Retail Pharmacies
8.4. Online Pharmacies
8.5. Others
9. Global Insulin Pump Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Insulin Pump Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Insulin Pump Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Cellenovo
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. F Hoffmann-La Roche Ltd.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Insulet Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Jiangsu Delfu Co. Ltd.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Medtronic
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Nipro Diagnostic Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Sooil Development
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Tandem Diabetes Care Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Valeritas Inc.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Ypsomed AG
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
2. Global Tethered Pumps Insulin Pump Market, By Region, 2020-2033 (USD Billion)
3. Global Patch Pumps Insulin Pump Market, By Region, 2020-2033 (USD Billion)
4. Global Consumables Insulin Pump Market, By Region, 2020-2033 (USD Billion)
5. Global Others Insulin Pump Market, By Region, 2020-2033 (USD Billion)
6. Global Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
7. Global Type 1 Diabetes Insulin Pump Market, By Region, 2020-2033 (USD Billion)
8. Global Type 2 Diabetes Insulin Pump Market, By Region, 2020-2033 (USD Billion)
9. Global Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
10. Global Hospitals Insulin Pump Market, By Region, 2020-2033 (USD Billion)
11. Global Retail Pharmacies Insulin Pump Market, By Region, 2020-2033 (USD Billion)
12. Global Online Pharmacies Insulin Pump Market, By Region, 2020-2033 (USD Billion)
13. Global Others Insulin Pump Market, By Region, 2020-2033 (USD Billion)
14. Global Insulin Pump Market, By Region, 2020-2033 (USD Billion)
15. North America Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
16. North America Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
17. North America Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
18. U.S. Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
19. U.S. Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
20. U.S. Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
21. Canada Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
22. Canada Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
23. Canada Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
24. Mexico Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
25. Mexico Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
26. Mexico Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
27. Europe Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
28. Europe Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
29. Europe Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
30. Germany Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
31. Germany Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
32. Germany Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
33. France Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
34. France Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
35. France Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
36. U.K. Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
37. U.K. Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
38. U.K. Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
39. Italy Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
40. Italy Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
41. Italy Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
42. Spain Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
43. Spain Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
44. Spain Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
45. Asia Pacific Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
46. Asia Pacific Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
47. Asia Pacific Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
48. Japan Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
49. Japan Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
50. Japan Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
51. China Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
52. China Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
53. China Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
54. India Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
55. India Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
56. India Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
57. South America Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
58. South America Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
59. South America Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
60. Brazil Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
61. Brazil Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
62. Brazil Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
63. Middle East and Africa Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
64. Middle East and Africa Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
65. Middle East and Africa Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
66. UAE Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
67. UAE Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
68. UAE Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
69. South Africa Insulin Pump Market, By Product Type, 2020-2033 (USD Billion)
70. South Africa Insulin Pump Market, By Disease Indication, 2020-2033 (USD Billion)
71. South Africa Insulin Pump Market, By Distribution Channel, 2020-2033 (USD Billion)
List of Figures
1. Global Insulin Pump Market Segmentation
2. Insulin Pump Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Insulin Pump Market Attractiveness Analysis by Product Type
9. Global Insulin Pump Market Attractiveness Analysis by Disease Indication
10. Global Insulin Pump Market Attractiveness Analysis by Distribution Channel
11. Global Insulin Pump Market Attractiveness Analysis by Region
12. Global Insulin Pump Market: Dynamics
13. Global Insulin Pump Market Share by Product Type (2023 & 2033)
14. Global Insulin Pump Market Share by Disease Indication (2023 & 2033)
15. Global Insulin Pump Market Share by Distribution Channel (2023 & 2033)
16. Global Insulin Pump Market Share by Regions (2023 & 2033)
17. Global Insulin Pump Market Share by Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the insulin pump market based on below mentioned segments:
Insulin Pump Market by Product Type:
Insulin Pump Market by Disease Indication:
Insulin Pump Market by Distribution Channel:
Insulin Pump Market by Region:
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