Europe Insulin Patch Pumps Market Forecast 2023-2032

Europe Insulin Patch Pumps Market Forecast 2023-2032

KEY FINDINGS

The Europe insulin patch pumps market is expected to grow with a CAGR of 10.08% during the forecasting years of 2023 to 2032. The market growth of the region is promoted by factors such as the rising prevalence of diabetes, the increase in international research collaborations on technological advancements, as well as the growing awareness about diabetes.

MARKET INSIGHTS

The Europe insulin patch pumps market growth analysis includes the evaluation of the United Kingdom, Germany, France, Italy, Switzerland, Spain, Poland, and Rest of Europe. As per the IDF Diabetes Atlas 2021, overall diabetes-related health expenditure in Spain among adults was $15.5 billion in the year 2021. Furthermore, in the same year, the prevalence of diabetes in adults was 14.8%, with around 20% of the country’s population aged 65 years and above.

On the other hand, as per the International Diabetes Federation (IDF), Switzerland had one of the highest diabetes-related annual expenditures per person in the year 2021, equating to about $12,828. The country also recorded a diabetes prevalence of approximately 6% in adults between the age of 20 to 79. Additionally, the population aged 65 years and over in Switzerland was more than 19% in 2022. Since the growing geriatric population is associated with a high risk of diabetes, this factor is set to play an essential role in boosting the insulin patch pumps market growth in Europe during the projection period.

COMPETITIVE INSIGHTS

Key companies operating in the market are Cequr SA, Debiotech SA, F.Hoffmann-La Roche Ltd, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments