Latin America Insulin Patch Pump Market 2023-2030
Market Outlook
According to the analysis by Triton Market Research’s experts, Latin America’s insulin patch pump market will likely develop at an 8.36% CAGR in the forecast years from 2023 to 2030. Brazil, Mexico, and Rest of Latin America are evaluated in the market report on this region.
The high incidence of diabetes mellitus in Latin America has driven the insulin patch pump market’s growth in the region. For instance, nearly 15.7 million individuals in Brazil and around 14.1 million individuals in Mexico are affected by the condition, thus fueling the adoption of these pumps.
Along with the high incidence of diabetes, factors such as technological innovations, enhanced R&D efforts, rising awareness regarding diabetes management, and the rising awareness regarding minimally invasive treatment procedures are also estimated to support the market’s growth in the region.
The countries assessed in the Rest of Latin America section include Chile, Colombia, Argentina, and others. According to data from the 2021 edition of the IDF’s Diabetes Atlas, the prevalence of the disease among adults aged 20-79 years in these countries was 10.8%, 8.3%, and 5.4%, respectively.
In addition, these nations have a sizable geriatric population, and old age is associated with a high risk of diabetes. Therefore, the high prevalence of diabetes and a rising elderly population are expected to bolster the studied market’s growth in this region over the forecasted period.
Competitive Outlook
The acclaimed players in the insulin patch pump market include Medtronic Plc, Terumo Corporation, CeQur SA, Tandem Diabetes Care Inc, and EOFlow Co Ltd.
- 1. Latin America Insulin Patch Pump Market – Summary
- 2. Industry Outlook
- 2.1. Parent Market Analysis
- 2.2. Impact Analysis On The Insulin Patch Pump Market
- 2.2.1. Covid-19 Impact
- 2.2.2. Ukraine-russia War Impact
- 2.3. Porter’s Five Forces Analysis
- 2.3.1. Threat Of New Entrants
- 2.3.2. Threat Of Substitutes
- 2.3.3. Bargaining Power Of Buyers
- 2.3.4. Bargaining Power Of Suppliers
- 2.3.5. Threat Of Competitive Rivalry
- 2.4. Market Maturity Analysis
- 2.5. Industry Components
- 2.5.1. Research And Development
- 2.5.2. Development Of Product
- 2.5.3. Distribution
- 2.6. Regulatory Framework
- 2.7. Key Buying Impact Analysis
- 2.7.1. Price
- 2.7.2. Properties Of Product
- 2.7.3. Purpose
- 2.8. Key Market Strategies
- 2.8.1. Collaborations
- 2.8.2. Product Launches
- 2.8.3. Mergers & Acquisitions
- 2.9. Market Drivers
- 2.9.1. Growing Awareness About Insulin Patch Pumps
- 2.9.2. Integration Of Advanced Technologies
- 2.9.3. Rising Prevalence Of Diabetes Around The Globe
- 2.10. Market Challenges
- 2.10.1. Risks Related To The Use Of Insulin Pumps
- 2.10.2. Lack Of Knowledge Pertaining To Usage
- 2.10.3. Strict Regulations By Government Authorities
- 2.11. Market Opportunities
- 2.11.1. Increasing Popularity Of Glucose Monitoring Systems
- 2.11.2. Use Of Artificial Intelligence & Machine Learning For Manufacturing Of Insulin Pumps
- 2.11.3. Growing Expenditure On Diabetes Care
- 2.11.4. Rising Demand For Minimally Invasive Delivery Systems
- 2.12. Analyst Perspective
- 3. Latin America Insulin Patch Pump Market – By Product Type
- 3.1. Disposable
- 3.2. Reusable
- 4. Latin America Insulin Patch Pump Market – By Disease Indication
- 4.1. Type 1 Diabetes
- 4.2. Type 2 Diabetes
- 5. Latin America Insulin Patch Pump Market – By Delivery Mode
- 5.1. Basal
- 5.2. Bolus
- 5.3. Basal & Bolus
- 6. Latin America Insulin Patch Pump Market – By Distribution Channel
- 6.1. Online Pharmacies
- 6.2. Retail Pharmacies
- 6.3. Hospital Pharmacies
- 7. Latin America Insulin Patch Pump Market – Country Outlook
- 7.1. Country Analysis
- 7.1.1. Brazil
- 7.1.1.1. Brazil Insulin Patch Pump Market Forecast & Prospects
- 7.1.2. Mexico
- 7.1.2.1. Mexico Insulin Patch Pump Market Forecast & Prospects
- 7.1.3. Rest Of Latin America
- 7.1.3.1. Rest Of Latin America Insulin Patch Pump Market Forecast & Prospects
- 8. Competitive Landscape
- 8.1. Medtronic Plc
- 8.1.1. Overview
- 8.1.2. Portfolio
- 8.1.3. Key Strengths
- 8.1.4. Key Challenges
- 8.2. F Hoffmann La Roche Ag
- 8.2.1. Overview
- 8.2.2. Portfolio
- 8.2.3. Key Strengths
- 8.2.4. Key Challenges
- 8.3. Insulet Corporation
- 8.3.1. Overview
- 8.3.2. Portfolio
- 8.3.3. Key Strengths
- 8.3.4. Key Challenges
- 8.4. Tandem Diabetes Care Inc
- 8.4.1. Overview
- 8.4.2. Portfolio
- 8.4.3. Key Strengths
- 8.4.4. Key Challenges
- 8.5. Cequr Sa
- 8.5.1. Overview
- 8.5.2. Portfolio
- 8.5.3. Key Strengths
- 8.5.4. Key Challenges
- 8.6. Medtrum Technologies Inc
- 8.6.1. Overview
- 8.6.2. Portfolio
- 8.6.3. Key Strengths
- 8.6.4. Key Challenges
- 8.7. Debiotech Sa
- 8.7.1. Overview
- 8.7.2. Portfolio
- 8.7.3. Key Strengths
- 8.7.4. Key Challenges
- 8.8. Terumo Corporation
- 8.8.1. Overview
- 8.8.2. Portfolio
- 8.8.3. Key Strengths
- 8.8.4. Key Challenges
- 8.9. Eoflow Co Ltd
- 8.9.1. Overview
- 8.9.2. Portfolio
- 8.9.3. Key Strengths
- 8.9.4. Key Challenges
- 9. Research Methodology & Scope
- 9.1. Research Scope & Deliverables
- 9.2. Sources Of Data
- 9.3. Research Methodology
- Table List
- Table 1: Latin America Insulin Patch Pump Market, By Country Outlook, 2023-2030 (In $ Million)
- Table 2: Regulatory Framework
- Table 3: List Of Collaborations
- Table 4: List Of Product Launches
- Table 5: List Of Mergers & Acquisitions
- Table 6: Latin America Insulin Patch Pump Market, By Product Type, 2023-2030 (In $ Million)
- Table 7: Latin America Insulin Patch Pump Market, By Disease Indication, 2023-2030 (In $ Million)
- Table 8: Latin America Insulin Patch Pump Market, By Delivery Mode, 2023-2030 (In $ Million)
- Table 9: Latin America Insulin Patch Pump Market, By Distribution Channel, 2023-2030 (In $ Million)
- Table 10: Latin America Insulin Patch Pump Market, By Country Outlook, 2023-2030 (In $ Million)
- Figure List
- Figure 1: Insulin Delivery Systems
- Figure 2: Market Maturity Analysis
- Figure 3: Industry Components
- Figure 4: Key Buying Impact Analysis
- Figure 5: Latin America Insulin Patch Pump Market, By Product Type, 2022 & 2030 (In %)
- Figure 6: Latin America Insulin Patch Pump Market, By Disposable, 2023-2030 (In $ Million)
- Figure 7: Latin America Insulin Patch Pump Market, By Reusable, 2023-2030 (In $ Million)
- Figure 8: Latin America Insulin Patch Pump Market, By Disease Indication, 2022 & 2030 (In %)
- Figure 9: Latin America Insulin Patch Pump Market, By Type 1 Diabetes, 2023-2030 (In $ Million)
- Figure 10: Latin America Insulin Patch Pump Market, By Type 2 Diabetes, 2023-2030 (In $ Million)
- Figure 11: Latin America Insulin Patch Pump Market, By Delivery Mode, 2022 & 2030 (In %)
- Figure 12: Latin America Insulin Patch Pump Market, By Basal, 2023-2030 (In $ Million)
- Figure 13: Latin America Insulin Patch Pump Market, By Bolus, 2023-2030 (In $ Million)
- Figure 14: Latin America Insulin Patch Pump Market, By Basal & Bolus, 2023-2030 (In $ Million)
- Figure 15: Latin America Insulin Patch Pump Market, By Distribution Channel, 2022 & 2030 (In %)
- Figure 16: Latin America Insulin Patch Pump Market, By Online Pharmacies, 2023-2030 (In $ Million)
- Figure 17: Latin America Insulin Patch Pump Market, By Retail Pharmacies, 2023-2030 (In $ Million)
- Figure 18: Latin America Insulin Patch Pump Market, By Hospital Pharmacies, 2023-2030 (In $ Million)
- Figure 19: Latin America Insulin Patch Pump Market, Country Outlook, 2022 & 2030 (In %)
- Figure 20: Brazil Insulin Patch Pump Market 2023-2030 (In $ Million)
- Figure 21: Mexico Insulin Patch Pump Market 2023-2030 (In $ Million)
- Figure 22: Rest Of Latin America Insulin Patch Pump Market 2023-2030 (In $ Million)
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