Press release
Global Insulin Patch Pump Market Expected to Reach USD 6.4 Billion by 2031 as Wearable Devices Redefine Diabetes Management
"Patch pumps are reshaping diabetes care by merging comfort, connectivity, and discretion," said Dr. Nathaniel Li, wearable medtech lead analyst at CVMI. "Devices like Omnipod® are offering frictionless therapy that adapts to modern life."
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Key Market Indicators:
• 2024 Market Value: USD 2.3 billion
• 2031 Forecast: USD 6.4 billion
• CAGR (2024-2031): 15.7%
Growth Drivers:
• Tubeless Preference: Users favor lightweight, discreet pumps that impose fewer lifestyle restrictions.
• Digital Health Integration: CGM pairing and mobile alerts improve patient compliance
• Demographic Expansion: Increasing adoption among teens and young adults drives volume growth
• Regional Penetration: China, India, and Brazil are emerging as high-growth markets
Segment Insights:
• Dominant Product: Disposable patch pumps account for over 70% of volume due to simplicity and low upfront cost
• Leading End-User: Homecare users dominate due to convenience and remote monitoring features
Competitive Snapshot (2024):
• Insulet - 61%: A global leader with the Omnipod 5TM automated insulin delivery system.
• Medtrum - XX%: Gaining share in Europe and Asia with integrated CGM-pump platforms
• CeQur - XX%: Focused on simplicity and T2D-specific adoption
• Viatom / Local Players - XX%: Affordable patch solutions in Asia-Pacific
• Others - XX%: Early-stage digital-health-integrated pumps and smart wearables
Looking Ahead to 2031:
As insulin patch pumps evolve into intelligent, lifestyle-compatible systems, manufacturers must address pricing barriers and adhesive durability. Innovations in multi-day wear, skin sensors, and AI-guided dosing will define the next frontier.
For more insights, visit https://clearviewmarketinsights.com/
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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