North America Insulin Patch Pumps Market Size & Outlook
The insulin patch pumps market in North America is expected to reach a projected revenue of US$ 765.4 million by 2030. A compound annual growth rate of 10.3% is expected of North America insulin patch pumps market from 2024 to 2030.
North America insulin patch pumps market highlights
The North America insulin patch pumps market generated a revenue of USD 386.1 million in 2023.
The market is expected to grow at a CAGR of 10.3% 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.
Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 386.1 million
Market revenue in 2030
USD 765.4 million
Growth rate
10.3% (CAGR from 2023 to 2030)
Largest segment
Basal and bolus
Fastest growing segment
Basal and Bolus
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
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, North America region accounted for 38.7% of the global insulin patch pumps 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 486.6 million by 2030.
North America dominated the insulin patch pumps market in 2019 owing to the increasing prevalence of diabetes and the growing adoption of patch pumps. The increasing penetration of smart insulin patch pumps has extended the target market across the region.
Furthermore, the growing use of data analytics and artificial intelligence in optimizing insulin pumps is likely to fuel the market. Multiple product launches and technological collaborations are further propelling the market.
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 Outlook will help companies and investors design strategic landscapes.
Basal And Bolus was the largest segment with a revenue share of 56.36% in 2023.
Horizon Databook has segmented the North America insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the insulin patch pumps market in 2019 owing to the increasing prevalence of diabetes and the growing adoption of patch pumps. The increasing penetration of smart insulin patch pumps has extended the target market across the region.
Furthermore, the growing use of data analytics and artificial intelligence in optimizing insulin pumps is likely to fuel the market. Multiple product launches and technological collaborations are further propelling the market.
North America Insulin Patch Pumps Market Delviery Mode Outlook (Revenue, USD Million , 2018-2030)
Basal
Bolus
Basal and Bolus
North America Insulin Patch Pumps Market Type Outlook (Revenue, USD Million , 2018-2030)
Disposable
Reusable
North America Insulin Patch Pumps Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Retail Pharmacies
Private Clinics
Online Pharmacies
Others
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North America Insulin Patch Pumps Market, 2018-2030 (US$M)