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Rising Diabetes Prevalence Fuels Growth Of Insulin Patch Pumps Market: A Key Factor Shaping the Future of the Insulin Patch Pumps Market in 2025

02-24-2025 01:08 PM CET | Health & Medicine

Press release from: The Business Research Company

Insulin Patch Pumps Market

Insulin Patch Pumps Market

What combination of drivers is leading to accelerated growth in the insulin patch pumps market?
The global increase in diabetes cases is anticipated to spur the expansion of the insulin patch pumps market during the prediction period. Diabetes, a critical illness worldwide, is triggered by a variety of factors including lifestyle and diet. Insulin patch pumps facilitate the comfortable administration of insulin directly into the body, providing a more convenient alternative to insulin injections for many diabetes patients. The ongoing surge in diabetes rates necessitates the demand for insulin patch pumps. As an example, per the UK's Office for Health Improvement & Disparities, data from March 2024 reveals that between March 2022 and 2023, there was a 22% increase in individuals with type 1 diabetes receiving all eight advised care processes, and type 2 diabetes saw a 21% uptick. Concurrently, the percentage of individuals achieving target HbA1c levels escalated to 37.9%, the highest figure ever recorded by the National Diabetes Audit (NDA). As such, the escalating number of diabetes cases worldwide will undoubtedly stimulate the insulin patch pumps market's growth.

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What is the projected compound annual growth rate (CAGR) of the insulin patch pumps market from 2025 to 2034, and what factors influence it?
The market size for insulin patch pumps has experienced a quick rise in recent times. Its growth is projected to increase from a $1.42 billion valuation in 2024 to a worth of $1.57 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.2%. This development during the historical period is attributed to the rise in cases of diabetes, preference of patients for non-invasive methods, growth in senior citizen population, enhanced safety considerations, miniaturization, and the improvement in form factors.

The market for insulin patch pumps is predicted to experience a significant surge in size in the coming years. It's projected to reach $2.37 billion by 2029, with a compound annual growth rate of 10.9%. Factors contributing to this projected expansion during the forecast period include an increased use of telehealth, a rise in pediatric diabetes cases, enhanced diabetes awareness, concern for environment and sustainability as well as advancing healthcare initiatives. Key market trends for this period cover elements like the use of quantum computing design tools, increasing application of artificial intelligence and machine learning, utilization of digital twin simulations, advancements in custom IC design tools, alongside the expansion in high-level synthesis tools.

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How are the latest trends influencing the growth of the insulin patch pumps market?
The noticeable trend emerging in the insulin patch pumps market is the adoption of advanced technologies. Insulin patch pumps are now incorporating cutting-edge technology, including syncing with smartphones and automating insulin delivery. Both continuous glucose monitors and conventional insulin pumps are being upgraded to become smarter devices that can automate the process of insulin delivery. They provide user-friendly features, reducing the need for manual delivery of insulin. For instance, in January 2022, the US-based innovative medical device company, Insulet Corporation, received FDA approval for its Omnipod 5 automated Insulin delivery system. Designed for individuals with type 1 diabetes aged 6 years and up, it's the first-of-its-kind tubeless automated insulin delivery system with smartphone control capability. The new system simplifies diabetes management as it eliminates the need for multiple daily injections, tubes, and fingersticks.

What are the major segments of the insulin patch pumps market and their role in driving growth?
The insulin patch pumps market covered in this report is segmented -

1) By Type: Traditional Insulin Pumps, Smart Insulin Pump, Disposable Insulin Pumps
2) By Mode: Basal, Bolus
3) By Pump Type: Tethered Pump, Patch Pump
4) By Application: Type 1 Diabetes, Type 2 Diabetes
5) By End-User: Hospital, Clinics, Laboratories, Other End-Users

Subsegments:
1) By Traditional Insulin Pumps: Continuous Subcutaneous Insulin Infusion (CSII) Pumps, Manual Bolus Delivery Pumps
2) By Smart Insulin Pumps: Connected Insulin Pumps, Automated Insulin Delivery Systems
3) By Disposable Insulin Pumps: Pre-filled Disposable Insulin Pumps, Patch-Style Disposable Pumps

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Which regions are key players in the growth of the insulin patch pumps market?
North America was the largest region in the insulin patch pumps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insulin patch pumps market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the insulin patch pumps market?
Major companies operating in the insulin patch pumps market include Cellnovo Group SA, Insulet Corporation, Medtronic PLC, Tandem Diabetes Care Inc., Hoffmann-La-Roche AG, AMF Medical SA, Abbott Laboratories Inc., Becton Dickinson and Company, Braun Melsungen AG, Cequr SA, Debiotech SA, DexCom Inc., Eoflow Co. Ltd., Embecta Corp., Hospira Inc., Johnson & Johnson Services Inc., LifeScan Inc., Sanofi S.A., Univlabs Technologies Pvt. Ltd., Ypsomed Holding AG, Zealand Pharma A/S, Bigfoot Biomedical Inc., Echo Therapeutics Inc., Glysens Inc., Medella Health Ltd., Roche Diabetes Care GmbH, Valeritas Inc., 3S Corporation, Apex Medical Devices

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What Is Covered In The Insulin Patch Pumps Global Market Report?

•Market Size Forecast: Examine the insulin patch pumps market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the insulin patch pumps market for a structured understanding.
•Key Players Overview: Analyze major players in the insulin patch pumps market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the insulin patch pumps market.
•Segment Contributions: Evaluate how different segments drive overall growth in the insulin patch pumps market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the insulin patch pumps market.
•Industry Challenges: Identify potential risks and obstacles affecting the insulin patch pumps market.
•Competitive Landscape: Review strategic developments in the insulin patch pumps market, including expansions, agreements, and new product launches.

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