Market by Product Type, Disease Indication, Distribution Channel, Delivery Mode, and Country Outlook | Forecast 2023-2030
According to Triton Market Research, the Asia-Pacific insulin patch pump market is expected to grow at a CAGR of 10.94% during the forecast years 2023 and 2030.
The
countries studied in this region include:
•
China
•
Japan
•
India
•
South Korea
•
ASEAN Countries
•
Australia & New Zealand
•
Rest of Asia-Pacific
China
leads the market in this region, accounting for the highest revenue in 2022. As
diabetes rates continue to rise in the Asia-Pacific region, there is a growing
demand for more convenient and effective methods of insulin delivery. Insulin
patch pumps have become an increasingly popular option for patients, offering a
comfortable alternative to traditional insulin injections. This is expected to
aid the market’s development over the forecast period.
There is an increasing
need for diabetes management in Japan owing to the rising prevalence of the
disease. This is expected to influence the demand for insulin patch pumps in
the country. Further, leading market players, such as Terumo Corporation, are
based in the country. This, coupled with the rising use of modern insulin
pumps, which provide a more practical and efficient substitute for conventional
insulin injections, are major factors influencing the studied market’s growth.
According to estimates
from the World Bank, in 2021, diabetes prevalence among the population aged
20-79 years in South Korea was 6.8%. The rising diabetic patient pool, coupled
with the awareness of self-care & self-management of diabetes, is expected
to drive the insulin patch pump market’s growth in the country during the
forecast period. Moreover, the launch of novel and innovative products by
leading companies is also expected to fuel the South Korean market’s growth in
the years to come.
With the growing demand
for medical devices, a number of retail pharmacies or community pharmacies are
emerging. Insulin patch pumps are one such type of devices that are gaining
popularity for the self-management of diabetes. The supply chain evolution in
this segment has reduced product prices and increased patient access to medical
devices.
Triton’s
report assesses the market based on distribution channel, delivery mode,
product type, and disease indication. The distribution
channel segment includes retail pharmacies, hospital pharmacies, and online
pharmacies.
The
prominent firms in the market comprise F Hoffmann La Roche AG, EOFlow Co Ltd, Tandem
Diabetes Care Inc, CeQur SA, and Insulet Corporation.
Established in 2011 in
South Korea, EOflow Co Ltd provides advanced and user-friendly drug delivery
solutions. The use of innovative technologies by the company helps streamline
diabetes care management. One of its products, the EOpatch Insulin Management
System, is a wearable insulin pump system that consists of a thin & light disposable
pump unit and a smartphone-like color touchscreen controller.
In February 2023, the
company installed a fully-automated EOPatch manufacturing line at its new
Gonjiam facility. It is capable of producing 3 million units of the wearable
insulin pumps per year.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2023-2030
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the insulin patch pump market revenue growth in
the Asia-Pacific and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces
·
A
wide-ranging study of factors that will challenge the APAC insulin patch pump
market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC
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. ASIA-PACIFIC
INSULIN PATCH PUMP MARKET – BY PRODUCT TYPE
3.1. DISPOSABLE
3.2. REUSABLE
4. ASIA-PACIFIC
INSULIN PATCH PUMP MARKET – BY DISEASE INDICATION
4.1. TYPE
1 DIABETES
4.2. TYPE
2 DIABETES
5. ASIA-PACIFIC
INSULIN PATCH PUMP MARKET – BY DELIVERY MODE
5.1. BASAL
5.2. BOLUS
5.3. BASAL
& BOLUS
6. ASIA-PACIFIC
INSULIN PATCH PUMP MARKET – BY DISTRIBUTION CHANNEL
6.1. ONLINE
PHARMACIES
6.2. RETAIL
PHARMACIES
6.3. HOSPITAL
PHARMACIES
7. ASIA-PACIFIC
INSULIN PATCH PUMP MARKET – COUNTRY OUTLOOK
7.1. COUNTRY
ANALYSIS
7.1.1. CHINA
7.1.1.1. CHINA
INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.2. JAPAN
7.1.2.1. JAPAN
INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.3. INDIA
7.1.3.1. INDIA
INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.4. SOUTH
KOREA
7.1.4.1. SOUTH
KOREA INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.5. ASEAN
COUNTRIES
7.1.5.1. ASEAN
COUNTRIES INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.6. AUSTRALIA
& NEW ZEALAND
7.1.6.1. AUSTRALIA
& NEW ZEALAND INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.7. REST
OF ASIA-PACIFIC
7.1.7.1. REST
OF ASIA-PACIFIC 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 1: ASIA-PACIFIC
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: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY PRODUCT TYPE, 2023-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DISEASE INDICATION, 2023-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DELIVERY MODE, 2023-2030 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DISTRIBUTION CHANNEL, 2023-2030 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: INSULIN
DELIVERY SYSTEMS
FIGURE 2: MARKET
MATURITY ANALYSIS
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: KEY BUYING
IMPACT ANALYSIS
FIGURE 5: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE 6: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DISPOSABLE, 2023-2030 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY REUSABLE, 2023-2030 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DISEASE INDICATION, 2022 & 2030 (IN %)
FIGURE 9: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY TYPE 1 DIABETES, 2023-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY TYPE 2 DIABETES, 2023-2030 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DELIVERY MODE, 2022 & 2030 (IN %)
FIGURE 12: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY BASAL, 2023-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY BOLUS, 2023-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY BASAL & BOLUS, 2023-2030 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2030 (IN %)
FIGURE 16: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY ONLINE PHARMACIES, 2023-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY RETAIL PHARMACIES, 2023-2030 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, BY HOSPITAL PHARMACIES, 2023-2030 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC
INSULIN PATCH PUMP MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 20: CHINA
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: JAPAN
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: INDIA
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: SOUTH KOREA
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: ASEAN
COUNTRIES INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: AUSTRALIA
& NEW ZEALAND INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 26: REST OF
ASIA-PACIFIC INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)