Market by Product Type, Disease Indication, Distribution Channel, Delivery Mode, and Country Outlook | Forecast 2023-2030
The analysis by Triton Market Research indicates that the insulin patch pump market in the Middle East and Africa will advance with a CAGR of 9.09% during the forecast years from 2023 to 2030.
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The countries analyzed in this
market include:
• Turkey
• Egypt
• The United Arab Emirates
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa
Turkey is the leading market
in this region, accounting for the highest share in 2022. The
rising aging population in the Middle East and Africa is estimated to drive the
demand for insulin delivery systems, thus fostering the market’s growth. Additionally,
the developments in technology and the rising government initiatives promoting diabetes
care are also estimated to bolster the market’s growth in the region over the
forecast period.
In
Turkey, approximately 97% of the population is covered by national social
security. Numerous initiatives, such as targets-Turkey, Diabetes Parliament, and
Diabetes 2020-Vision, are coordinated by the Turkish Diabetes Foundation and
are carried out in collaboration with the NGOs offering diabetes care. Such initiatives
and efforts by the nation’s government and other institutions are anticipated
to strengthen the Turkish market’s growth in the country over the forecast
period.
The
rising healthcare concerns and growing expenditure associated with diabetes care
are expected to drive the studied market’s growth in the United Arab Emirates during
the forecast period. Several initiatives have been launched by the country’s
government, including a drive-in awareness-raising initiative and the Diabetes
Prevention Programme, aimed to improve the affected individuals’ quality of
life. Such supportive initiatives by the government have fueled the insulin
patch pump market’s growth in the country.
A
hospital pharmacy is a department within the institution that stocks &
dispenses in-patient medications. They also dispense OTC and other prescription
medications to out-patients. The surging healthcare expenditure and the rising number
of hospitals worldwide are expected to drive this segment’s growth over the
forecast period.
Triton’s report assesses the
market on the basis of distribution channel, product type, disease indication,
and delivery mode. The distribution channel segment
comprises hospital pharmacies, online pharmacies, and retail pharmacies.
The distinguished players operating
in the insulin patch pump market include Debiotech SA, Tandem Diabetes Care
Inc, EOFlow Co Ltd, Insulet Corporation, and Terumo Corporation.
Terumo
Corporation is a renowned medical device manufacturer. MEDISAFE is a
tubing-free insulin delivery patch pump. The system consists of 2 parts, which
include a detachable pump and a patch. The company has a notable business
presence in the Middle East and Africa. In March 2022, Terumo and data
management solutions provider Glooko, announced a technological integration to its
systems for delivering new diabetes data-sharing solutions to customers
worldwide. This new integration allows medical professionals to access patients’
latest health records, either in-person, or remotely, using Glooko’s analytics
portal.
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 Middle East and Africa 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 MEA 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.
1. MIDDLE
EAST AND AFRICA 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. KEY
BUYING IMPACT ANALYSIS
2.6.1. PRICE
2.6.2. PROPERTIES
OF PRODUCT
2.6.3. PURPOSE
2.7. KEY
MARKET STRATEGIES
2.7.1. COLLABORATIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. MERGERS
& ACQUISITIONS
2.8. MARKET
DRIVERS
2.8.1. GROWING
AWARENESS ABOUT INSULIN PATCH PUMPS
2.8.2. INTEGRATION
OF ADVANCED TECHNOLOGIES
2.8.3. RISING
PREVALENCE OF DIABETES AROUND THE GLOBE
2.9. MARKET
CHALLENGES
2.9.1. RISKS
RELATED TO THE USE OF INSULIN PUMPS
2.9.2. LACK
OF KNOWLEDGE PERTAINING TO USAGE
2.9.3. STRICT
REGULATIONS BY GOVERNMENT AUTHORITIES
2.10. MARKET
OPPORTUNITIES
2.10.1. INCREASING
POPULARITY OF GLUCOSE MONITORING SYSTEMS
2.10.2. USE
OF ARTIFICIAL INTELLIGENCE & MACHINE LEARNING FOR MANUFACTURING OF INSULIN
PUMPS
2.10.3. GROWING
EXPENDITURE ON DIABETES CARE
2.10.4. RISING
DEMAND FOR MINIMALLY INVASIVE DELIVERY SYSTEMS
2.11. ANALYST
PERSPECTIVE
3. MIDDLE
EAST AND AFRICA INSULIN PATCH PUMP MARKET – BY PRODUCT TYPE
3.1. DISPOSABLE
3.2. REUSABLE
4. MIDDLE
EAST AND AFRICA INSULIN PATCH PUMP MARKET – BY DISEASE INDICATION
4.1. TYPE
1 DIABETES
4.2. TYPE
2 DIABETES
5. MIDDLE
EAST AND AFRICA INSULIN PATCH PUMP MARKET – BY DELIVERY MODE
5.1. BASAL
5.2. BOLUS
5.3. BASAL
& BOLUS
6. MIDDLE
EAST AND AFRICA INSULIN PATCH PUMP MARKET – BY DISTRIBUTION CHANNEL
6.1. ONLINE
PHARMACIES
6.2. RETAIL
PHARMACIES
6.3. HOSPITAL
PHARMACIES
7. MIDDLE
EAST AND AFRICA INSULIN PATCH PUMP MARKET – COUNTRY OUTLOOK
7.1. COUNTRY
ANALYSIS
7.1.1. UNITED
ARAB EMIRATES
7.1.1.1. UNITED
ARAB EMIRATES INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.2. TURKEY
7.1.2.1. TURKEY
INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.3. SAUDI
ARABIA
7.1.3.1. SAUDI
ARABIA INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.4. SOUTH
AFRICA
7.1.4.1. SOUTH
AFRICA INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.5. EGYPT
7.1.5.1. EGYPT
INSULIN PATCH PUMP MARKET FORECAST & PROSPECTS
7.1.6. REST
OF MIDDLE EAST & AFRICA
7.1.6.1. REST
OF MIDDLE EAST & AFRICA 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: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $
MILLION)
TABLE 2: LIST OF
COLLABORATIONS
TABLE 3: LIST OF
PRODUCT LAUNCHES
TABLE 4: LIST OF
MERGERS & ACQUISITIONS
TABLE 5: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY PRODUCT TYPE, 2023-2030 (IN $ MILLION)
TABLE 6: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DISEASE INDICATION, 2023-2030 (IN $
MILLION)
TABLE 7: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DELIVERY MODE, 2023-2030 (IN $
MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DISTRIBUTION CHANNEL, 2023-2030 (IN $
MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA 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: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE 6: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DISPOSABLE, 2023-2030 (IN $ MILLION)
FIGURE 7: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY REUSABLE, 2023-2030 (IN $ MILLION)
FIGURE 8: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DISEASE INDICATION, 2022 & 2030
(IN %)
FIGURE 9: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY TYPE 1 DIABETES, 2023-2030 (IN $
MILLION)
FIGURE 10: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY TYPE 2 DIABETES, 2023-2030 (IN $
MILLION)
FIGURE 11: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DELIVERY MODE, 2022 & 2030 (IN %)
FIGURE 12: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY BASAL, 2023-2030 (IN $ MILLION)
FIGURE 13: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY BOLUS, 2023-2030 (IN $ MILLION)
FIGURE 14: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY BASAL & BOLUS, 2023-2030 (IN $
MILLION)
FIGURE 15: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2030
(IN %)
FIGURE 16: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY ONLINE PHARMACIES, 2023-2030 (IN $
MILLION)
FIGURE 17: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY RETAIL PHARMACIES, 2023-2030 (IN $
MILLION)
FIGURE 18: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, BY HOSPITAL PHARMACIES, 2023-2030 (IN $
MILLION)
FIGURE 19: MIDDLE EAST
AND AFRICA INSULIN PATCH PUMP MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 20: UNITED ARAB
EMIRATES INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: TURKEY
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: SAUDI ARABIA
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: SOUTH AFRICA
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: EGYPT
INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: REST OF
MIDDLE EAST & AFRICA INSULIN PATCH PUMP MARKET 2023-2030 (IN $ MILLION)