The Latin America, Middle East and Africa Insulin Pump Market would witness market growth of 15.9% CAGR during the forecast period (2023-2030).
Electronic insulin pumps are recommended by both doctors and patients as awareness of diabetes management and caring rises. This can be linked to newer generation pumps being more practical, secure, and accurate than older ones. By communicating with the medical staff and exchanging data, patients may take care of their health issues due to digital technology's anytime, anywhere nature. The elements above are anticipated to fuel the market's expansion. Furthermore, it is anticipated that the adoption of insulin pumps used for treatment will expand due to the growing number of programs being carried out by nonprofit and government entities to raise awareness about diabetes.
The market has expanded and improved in recent years to suit the growing demand from the diabetic population for portable insulin delivery systems. The development of advanced pumps powered by intelligent technologies such as artificial intelligence (AI) and machine learning (ML) by leading medical device makers is another significant growth factor.
The UAE reports 4,500 new instances of cancer each year, per data supplied by the government of the UAE under Chronic Illness and Natural Disorders in March 2023. According to the Diabetes Federation's most recent data, 73 million persons (20-79) in the IDF MENA Region had diabetes in 2021. This number is anticipated to increase to 95 million by 2030 and 136 million by 2045, respectively. Thirty-three billion USD was spent on medical costs associated with diabetes in 2021. These elements are predicted to enhance the demand in the region, thereby resulting in market growth.
The Brazil market dominated the LAMEA Insulin Pump Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $223.1 million by 2030. The Argentina market is anticipated to grow at a CAGR of 16.6% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 15.6% during (2023 - 2030).
Based on Product, the market is segmented into Pumps (Tethered, Patch, and Others), and Consumables. Based on Disease Indication, the market is segmented into Type 1 Diabetes, and Type 2 Diabetes. Based on Distribution Channel, the market is segmented into Retail & Online Pharmacies, and Hospital Pharmacy. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Insulin Pump Market is Projected to reach USD 9.5 Billion by 2030, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, F. Hoffmann-La Roche Ltd., Tandem Diabetes Care, Inc., Insulet Corporation, Ypsomed AG, Aetna, Inc. (CVS Pharmacy, Inc.), SOOIL Developments Co., Ltd, Diabeloop SA, Jiangsu Delfu Medical Device Co.,Ltd, and APEX Medical Corporation
Scope of the Study
Market Segments Covered in the Report:
By Product
By Disease Indication
- Type 1 Diabetes
- Type 2 Diabetes
By Distribution Channel
- Retail & Online Pharmacies
- Hospital Pharmacy
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- F. Hoffmann-La Roche Ltd.
- Tandem Diabetes Care, Inc.
- Insulet Corporation
- Ypsomed AG
- Aetna, Inc. (CVS Pharmacy, Inc.)
- SOOIL Developments Co., Ltd
- Diabeloop SA
- Jiangsu Delfu Medical Device Co.,Ltd
- APEX Medical Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Insulin Pump Market, by Product
1.4.2 LAMEA Insulin Pump Market, by Disease Indication
1.4.3 LAMEA Insulin Pump Market, by Distribution Channel
1.4.4 LAMEA Insulin Pump Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Trials and Approvals
3.2.5 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Feb – 2023, Mar) Leading Players
Chapter 4. LAMEA Insulin Pump Market by Product
4.1 LAMEA Pumps Market by Country
4.2 LAMEA Insulin Pump Market by Pumps Type
4.2.1 LAMEA Tethered Market by Country
4.2.2 LAMEA Patch Market by Country
4.2.3 LAMEA Others Market by Country
4.3 LAMEA Consumables Market by Country
Chapter 5. LAMEA Insulin Pump Market by Disease Indication
5.1 LAMEA Type 1 Diabetes Market by Country
5.2 LAMEA Type 2 Diabetes Market by Country
Chapter 6. LAMEA Insulin Pump Market by Distribution Channel
6.1 LAMEA Retail & Online Pharmacies Market by Country
6.2 LAMEA Hospital Pharmacy Market by Country
Chapter 7. LAMEA Insulin Pump Market by Country
7.1 Brazil Insulin Pump Market
7.1.1 Brazil Insulin Pump Market by Product
7.1.1.1 Brazil Insulin Pump Market by Pumps Type
7.1.2 Brazil Insulin Pump Market by Disease Indication
7.1.3 Brazil Insulin Pump Market by Distribution Channel
7.2 Argentina Insulin Pump Market
7.2.1 Argentina Insulin Pump Market by Product
7.2.1.1 Argentina Insulin Pump Market by Pumps Type
7.2.2 Argentina Insulin Pump Market by Disease Indication
7.2.3 Argentina Insulin Pump Market by Distribution Channel
7.3 UAE Insulin Pump Market
7.3.1 UAE Insulin Pump Market by Product
7.3.1.1 UAE Insulin Pump Market by Pumps Type
7.3.2 UAE Insulin Pump Market by Disease Indication
7.3.3 UAE Insulin Pump Market by Distribution Channel
7.4 Saudi Arabia Insulin Pump Market
7.4.1 Saudi Arabia Insulin Pump Market by Product
7.4.1.1 Saudi Arabia Insulin Pump Market by Pumps Type
7.4.2 Saudi Arabia Insulin Pump Market by Disease Indication
7.4.3 Saudi Arabia Insulin Pump Market by Distribution Channel
7.5 South Africa Insulin Pump Market
7.5.1 South Africa Insulin Pump Market by Product
7.5.1.1 South Africa Insulin Pump Market by Pumps Type
7.5.2 South Africa Insulin Pump Market by Disease Indication
7.5.3 South Africa Insulin Pump Market by Distribution Channel
7.6 Nigeria Insulin Pump Market
7.6.1 Nigeria Insulin Pump Market by Product
7.6.1.1 Nigeria Insulin Pump Market by Pumps Type
7.6.2 Nigeria Insulin Pump Market by Disease Indication
7.6.3 Nigeria Insulin Pump Market by Distribution Channel
7.7 Rest of LAMEA Insulin Pump Market
7.7.1 Rest of LAMEA Insulin Pump Market by Product
7.7.1.1 Rest of LAMEA Insulin Pump Market by Pumps Type
7.7.2 Rest of LAMEA Insulin Pump Market by Disease Indication
7.7.3 Rest of LAMEA Insulin Pump Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Tandem Diabetes Care, Inc
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.5.3 Trials and Approvals:
8.2 SOOIL Developments Co., Ltd
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 Jiangsu Delfu Medical Device Co.,Ltd
8.3.1 Company Overview
8.4 Medtronic PLC
8.4.1 Company overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Trials and Approvals:
8.4.6 SWOT Analysis
8.5 F. Hoffmann-La Roche Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 Insulet Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Trials and Approvals:
8.6.5.3 Acquisition and Mergers:
8.6.5.4 Geographical Expansions:
8.7 Ypsomed AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 Aetna, Inc. (CVS Pharmacy, Inc.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.9 Diabeloop SA
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. APEX Medical Corporation
8.10.1 Company Overview
TABLE 1 LAMEA Insulin Pump Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Insulin Pump Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Insulin Pump Market
TABLE 4 Product Launches And Product Expansions– Insulin Pump Market
TABLE 5 Acquisition and Mergers– Insulin Pump Market
TABLE 6 Trials and Approvals- Insulin Pump Market
TABLE 7 Geographical Expansions- Insulin Pump Market
TABLE 8 LAMEA Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 9 LAMEA Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 10 LAMEA Pumps Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Pumps Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 13 LAMEA Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 14 LAMEA Tethered Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Tethered Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Patch Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Patch Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Consumables Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Consumables Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 23 LAMEA Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 24 LAMEA Type 1 Diabetes Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Type 1 Diabetes Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Type 2 Diabetes Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Type 2 Diabetes Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 29 LAMEA Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 30 LAMEA Retail & Online Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Retail & Online Pharmacies Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Hospital Pharmacy Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Hospital Pharmacy Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Insulin Pump Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Insulin Pump Market by Country, 2023 - 2030, USD Million
TABLE 36 Brazil Insulin Pump Market, 2019 - 2022, USD Million
TABLE 37 Brazil Insulin Pump Market, 2023 - 2030, USD Million
TABLE 38 Brazil Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 39 Brazil Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 40 Brazil Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 41 Brazil Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 42 Brazil Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 43 Brazil Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 44 Brazil Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 45 Brazil Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 46 Argentina Insulin Pump Market, 2019 - 2022, USD Million
TABLE 47 Argentina Insulin Pump Market, 2023 - 2030, USD Million
TABLE 48 Argentina Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 49 Argentina Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 50 Argentina Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 51 Argentina Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 52 Argentina Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 53 Argentina Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 54 Argentina Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 55 Argentina Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 56 UAE Insulin Pump Market, 2019 - 2022, USD Million
TABLE 57 UAE Insulin Pump Market, 2023 - 2030, USD Million
TABLE 58 UAE Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 59 UAE Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 60 UAE Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 61 UAE Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 62 UAE Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 63 UAE Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 64 UAE Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 65 UAE Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 66 Saudi Arabia Insulin Pump Market, 2019 - 2022, USD Million
TABLE 67 Saudi Arabia Insulin Pump Market, 2023 - 2030, USD Million
TABLE 68 Saudi Arabia Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 69 Saudi Arabia Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 70 Saudi Arabia Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 71 Saudi Arabia Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 72 Saudi Arabia Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 73 Saudi Arabia Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 74 Saudi Arabia Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 75 Saudi Arabia Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 76 South Africa Insulin Pump Market, 2019 - 2022, USD Million
TABLE 77 South Africa Insulin Pump Market, 2023 - 2030, USD Million
TABLE 78 South Africa Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 79 South Africa Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 80 South Africa Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 81 South Africa Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 82 South Africa Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 83 South Africa Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 84 South Africa Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 85 South Africa Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 86 Nigeria Insulin Pump Market, 2019 - 2022, USD Million
TABLE 87 Nigeria Insulin Pump Market, 2023 - 2030, USD Million
TABLE 88 Nigeria Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 89 Nigeria Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 90 Nigeria Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 91 Nigeria Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 92 Nigeria Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 93 Nigeria Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 94 Nigeria Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 95 Nigeria Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 96 Rest of LAMEA Insulin Pump Market, 2019 - 2022, USD Million
TABLE 97 Rest of LAMEA Insulin Pump Market, 2023 - 2030, USD Million
TABLE 98 Rest of LAMEA Insulin Pump Market by Product, 2019 - 2022, USD Million
TABLE 99 Rest of LAMEA Insulin Pump Market by Product, 2023 - 2030, USD Million
TABLE 100 Rest of LAMEA Insulin Pump Market by Pumps Type, 2019 - 2022, USD Million
TABLE 101 Rest of LAMEA Insulin Pump Market by Pumps Type, 2023 - 2030, USD Million
TABLE 102 Rest of LAMEA Insulin Pump Market by Disease Indication, 2019 - 2022, USD Million
TABLE 103 Rest of LAMEA Insulin Pump Market by Disease Indication, 2023 - 2030, USD Million
TABLE 104 Rest of LAMEA Insulin Pump Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 105 Rest of LAMEA Insulin Pump Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 106 Key Information – Tandem Diabetes Care, Inc
TABLE 107 Key Information – SOOIL Developments Co., Ltd
TABLE 108 Key Information – Jiangsu Delfu Medical Device CO., LTD
TABLE 109 Key Information – Medtronic PLC
TABLE 110 Key Information – F. Hoffmann-La Roche Ltd.
TABLE 111 Key Information – Insulet corporation
TABLE 112 Key Information –-Ypsomed AG
TABLE 113 Key Information – Aetna, Inc.
TABLE 114 Key Information – Diabeloop SA
TABLE 115 Key Information – APEX Medical Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Feb – 2023, Mar) Leading Players
FIG 5 LAMEA Insulin Pump Market share by Product, 2022
FIG 6 LAMEA Insulin Pump Market share by Product, 2030
FIG 7 LAMEA Insulin Pump Market by Product, 2019 - 2030, USD Million
FIG 8 LAMEA Insulin Pump Market share by Disease Indication, 2022
FIG 9 LAMEA Insulin Pump Market share by Disease Indication, 2030
FIG 10 LAMEA Insulin Pump Market by Disease Indication, 2019 - 2030, USD Million
FIG 11 LAMEA Insulin Pump Market Share by Distribution Channel, 2022
FIG 12 LAMEA Insulin Pump Market share by Distribution Channel, 2030
FIG 13 LAMEA Insulin Pump Market by Distribution Channel, 2019 - 2030, USD Million
FIG 14 LAMEA Insulin Pump Market share by Country, 2022
FIG 15 LAMEA Insulin Pump Market share by Country, 2030
FIG 16 LAMEA Insulin Pump Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Tandem Diabetes Care, Inc
FIG 18 Recent strategies and developments: Medtronic PLC
FIG 19 SWOT Analysis: Medtronic PLC
FIG 20 Recent strategies and developments: Insulet Corporation