Vietnam Insulin Patch Pumps Market Size & Outlook, 2023-2030
- MedTech
- Diabetes Care
- Insulin Patch Pumps Market Outlook
- Diabetes Care
Vietnam Insulin Patch Pumps Market, 2018-2030 (US$M)
Global Market
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Vietnam insulin patch pumps market highlights
- The Vietnam insulin patch pumps market generated a revenue of USD 8.2 million in 2023 and is expected to reach USD 19.3 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 13% 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.
Insulin patch pumps market data book summary
| Market revenue in 2023 | USD 8.2 million |
| Market revenue in 2030 | USD 19.3 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Basal and bolus |
| Fastest growing segment | Basal and Bolus |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Vietnam accounted for 0.8% of the global insulin patch pumps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China insulin patch pumps market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 77.8 million by 2030.
Prevalence of diabetes in the country has grown significantly over the past decade. According to the International Diabetes Federation, prevalence in Vietnam increased from 3.5% in 2010 to 6% in 2019.
One of the key drivers likely to boost the market is the increasing number of people with impaired glucose tolerance. Moreover, total diabetes-related healthcare expenditure increased significantly over the past decade; it was USD 608.1 million in 2010 and reached approximately 3531.3 million in 2019.
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Insulin Patch Pumps Market Scope
Insulin Patch Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Roche Holding AG | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| Insulet Corp | View profile | 3,000 | 100 Nagog Park, Acton, MA, United States, 01720 | www.insulet.com |
| Terumo Corp | View profile | 30,207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | www.terumo.com |
| Tandem Diabetes Care Inc | View profile | 2,400 | 12400 High Bluff Drive, San Diego, CA, United States, 92130 | www.tandemdiabetes.com |
| CeQur Simplicity | View profile | 51-100 | Horw, Luzern, Switzerland, Europe | myceqursimplicity.com |
| Medtrum | View profile | 101-250 | Shanghai, Shanghai, China, Asia | medtrum.com/ |
| Debiotech | View profile | 11-50 | Lausanne, Vaud, Switzerland, Europe | www.debiotech.com |
Vietnam Insulin Patch Pumps 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 Patch Pumps Market Outlook will help companies and investors design strategic landscapes.
Basal And Bolus was the largest segment with a revenue share of 56.1% in 2023.
Horizon Databook has segmented the Vietnam insulin patch pumps market based on basal, bolus, basal and bolus covering the revenue growth of each sub-segment from 2018 to 2030.
Prevalence of diabetes in the country has grown significantly over the past decade. According to the International Diabetes Federation, prevalence in Vietnam increased from 3.5% in 2010 to 6% in 2019.
One of the key drivers likely to boost the market is the increasing number of people with impaired glucose tolerance. Moreover, total diabetes-related healthcare expenditure increased significantly over the past decade; it was USD 608.1 million in 2010 and reached approximately 3531.3 million in 2019.
- Vietnam Insulin Patch Pumps Market Delviery Mode Outlook (Revenue, USD Million , 2018-2030)
- Basal
- Bolus
- Basal and Bolus
- Vietnam Insulin Patch Pumps Market Type Outlook (Revenue, USD Million , 2018-2030)
- Disposable
- Reusable
- Vietnam Insulin Patch Pumps Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Hospitals
- Retail Pharmacies
- Private Clinics
- Online Pharmacies
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam Insulin Patch Pumps Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Vietnam Insulin Patch Pumps Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Vietnam Insulin Patch Pumps Market, 2018-2030 (US$M)
Vietnam insulin patch pumps market statistics, by delviery mode, 2018-2030 (US$M)
