Latin America Insulin Pump Market Size & Outlook
Latin America insulin pump market, 2018-2030 (US$M)
Related Markets
Latin America insulin pump market highlights
- The Latin America insulin pump market generated a revenue of USD 548.4 million in 2024.
- The market is expected to grow at a CAGR of 8% from 2025 to 2030.
- In terms of segment, tethered pumps was the largest revenue generating type in 2024.
- 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 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 548.4 million |
| Market revenue in 2030 | USD 878.9 million |
| Growth rate | 8% (CAGR from 2025 to 2030) |
| Largest segment | Tethered pumps |
| Fastest growing segment | Patch Pumps |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Patch Pumps, Tethered Pumps |
| Key market players worldwide | Medtronic 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 2024.
- 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 1,846.1 million by 2030.
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Insulin Pump Market Scope
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 84.23% in 2024. 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.
The insulin pumps in the Latin America market is anticipated to undergo moderate growth throughout the forecast period. Latin America presents a promising growth opportunity for the insulin pumps market, driven by the rising prevalence of diabetes and improving healthcare systems.
This is due to a growing geriatric population more susceptible to diabetic complications and increasing healthcare expenditure, with prevalence of 62.3 million diabetics in recent years.
However, limited access to advanced healthcare facilities and high treatment costs can act as restraints. Brazil is a key market within Latin America due to its large population and high diabetes burden.
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Target buyers of Latin America insulin pump market databook
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Our clientele includes a mix of insulin pump market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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.
Partial client list
Latin America insulin pump market size, by country, 2018-2030 (US$M)
Latin America Insulin Pump Market Outlook Share, 2024 & 2030 (US$M)
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