Insulin Pump Market Size, Share, and Growth Analysis

Global Insulin Pump Market

Insulin Pumps Market By Type (Tethered Insulin Pumps, Patch Pumps), By Component, By Disease Indication, By Type of Therapy, By Usage Type, By Patient Demographics, By Distribution Channel, By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2135 | Region: Global | Published Date: May, 2025
Pages: 165 |Tables: 88 |Figures: 76

Format - word format excel data power point presentation

Insulin Pump Market Insights

Global Insulin Pump Market size was valued at USD 6.05 billion in 2023 and is poised to grow from USD 6.55 billion in 2024 to USD 12.3 billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032).

Insulin pumps are compact, computerised devices that are programmed to administer a diabetic patient's prescribed amounts of insulin. The demand for portable insulin delivery systems among the diabetic community has increased, and the Insulin Pump Market has grown and developed in recent years to meet this demand. The rising incidence of diabetes, particularly type 1 diabetes, worldwide is the main driver of this industry. Another important growth factor is the creation of sophisticated pumps powered by smart technologies like artificial intelligence (AI) and machine learning (ML) by top medical device manufacturers.

The global Insulin Pump Market is expanding at a large rate due to the population's fast increasing prevalence of diabetes and growing understanding of how to treat it. The International Diabetes Federation (IDF) estimates that there were 537 million people with diabetes worldwide in 2019, and that figure is predicted to climb to 783 million by the year 2045. According to the World Health Organization, diabetes can result in blindness, renal failure, and stroke. The Insulin Pump Market is expanding at a rapid rate due to factors including growing healthcare costs, easier access to healthcare facilities, and the widespread availability of sophisticated insulin pumps.

US Insulin Pump Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 6.05 billion

Largest Segment

Type-1 Diabetes

Fastest Growth

Type-1 Diabetes

Growth Rate

8.2% CAGR

Global Insulin Pump Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)

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Insulin Pump Market Segments Analysis

Global Insulin Pumps Market is segmented by Type, Component, Disease Indication, Type of Therapy, Usage Type, Patient Demographics, Distribution Channel and region. Based on Type, the market is segmented into Tethered Insulin Pumps, Patch Pumps (Tubeless Pumps), Miniature/Implantable Pumps and Smart Insulin Pumps. Based on Component, the market is segmented into Pump Device, Infusion Set (Cannula & Tubing), Reservoir or Cartridge, Battery and Power Systems and Control System & Software. Based on Disease Indication, the market is segmented into Type 1 Diabetes and Type 2 Diabetes. Based on Type of Therapy, the market is segmented into Conventional Insulin Therapy, Continuous Subcutaneous Insulin Infusion (CSII), Automated Insulin Delivery (AID) or Closed Loop Systems and Hybrid Closed Loop Systems. Based on Usage Type, the market is segmented into Reusable Insulin Pumps and Disposable Insulin Pumps. Based on Patient Demographics, the market is segmented into Pediatric (0–17 years), Adult (18+ years) and Geriatric (65+ years). Based on Distribution Channel, the market is segmented into Hospital Pharmacy, Retail Pharmacy, Online Pharmacy and Direct Sales. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. 

Insulin Pumps Market Analysis by Type

On the basis of type, the Insulin Pump Market is segmented into Patch and Tethered. Flexible tubing connects the pump and cannula on tethered pumps. The reliability of these conventional pumps and the variety of goods on the market are primarily responsible for the segment's huge Insulin Pump Market size. Patch pumps are tiny and can be adhered to the skin's surface directly. The fact that patch pumps don't require tubing and that their remote control doubles as a blood glucose metre is a crucial factor in the market's rapid expansion. Additionally, pumps have built-in calculators that aid in figuring out the precise amount of insulin that patients need. This aids in minimising the adverse consequences of insulin overdose and other related factors.

Insulin Pumps Market Analysis by Disease Indication

The Insulin Pump Market is divided into type 1 diabetes and type 2 diabetes based on the disease indication. Due to the rising prevalence of type 1 diabetes around the world in 2021, the type 1 diabetes segment dominated the market. For instance, the International Diabetes Federation (IDF) estimates that 1.2 million children and adolescents will develop type 1 diabetes worldwide in 2021. Type 1 diabetic individuals have a considerably larger demand for an insulin pump and other consumables because they are insulin-dependent. Due to the rising prevalence of Type 2 diabetes around the world, the share of the type 2 diabetes sector is also anticipated to grow significantly over the course of the projected period.

The market is expected to develop as a result of the rising number of type 2 diabetics who are insulin dependent and the patients' switch from MDIs to other treatment choices like pumps.

Insulin Pumps Market Analysis by Distribution Channel

The Insulin Pump Market is divided into hospital pharmacy, retail & online pharmacy based on the distribution channel. Due to the increased availability of diabetes management devices and solutions in retail and pharmaceutical outlets in developing and established nations, the retail & online pharmacy segment, with a sizeable share, led the market. The majority of patients choose to buy these devices from pharmacies that are linked with hospitals, which has led to the expansion of the hospital pharmacy market. The expansion of the reimbursement programmes for consumables like pumps is also a factor.

Global Insulin Pump Market by Disease Indication, 2021 (%)

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Insulin Pump Market Regional Insights

The global Insulin Pump Market includes recent trends and potential prospects for each region, including Europe, North America, Asia Pacific (APAC), the Middle East, and Africa (MEA). Due to the increased prevalence of diabetes, North America will dominate the market for these throughout the projection period. In addition, the presence of major industry players in the area, the rising obesity rate, the accessibility of cutting-edge medical facilities, the high consumption of fast food, technological advancements, and consumers' sedentary lifestyles all contribute to market growth. The region's major contributors are the United States and Canada.

Europe is expected to hold the second-largest share of the worldwide insulin pump market during the projected period due to the presence of numerous key market players there, the availability of cutting-edge medical facilities, and technological advances. The region's national markets include the UK, Spain, Italy, Germany, and France.

Over the course of the forecasted period, it is expected that the APAC region would witness rapid growth in the worldwide insulin pump market. Growing health consciousness, the availability of cutting-edge medical facilities, an increase in disposable income, better medical facilities in South Korea, Japan, Australia, India, and China, and an increase in the prevalence of diabetes in Taiwan, Malaysia, Indonesia, India, and China are some of the factors driving the market growth in the region. Due to their underdeveloped economies, strong government regulations, lack of awareness, restricted access to technology, and reduced focus on healthcare improvement, the MEA will only account for a minor portion of the global insulin pump market over the projection period.

Global Insulin Pump Market By Geography, 2021 - 2028
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Insulin Pump Market Dynamics

Insulin Pumps Market Driver

  • The Insulin Pump Market participants are concentrating on R&D of technologically advanced goods and launching new products in response to the growing adoption of these pumps among diabetic patients in developed and emerging nations. Several clinical trials that indicate indications of persistent improvement in glucose control in type 2 diabetes patients receiving pump therapy as opposed to those receiving Multiple Daily Injection (MDI) therapy have complemented R&D.

Insulin Pumps Market Restraint

  • The majority of patients rely on reimbursements in order to receive treatment for various disorders. The low reimbursement options and high cost of insulin pumps are deterring people from using them, which may slow the expansion of the global Insulin Pump Market.
  • Diabetes and insulin pumps are not widely known in underdeveloped and emerging countries because of the poor state of their healthcare systems. Around 232 million diabetics were undiagnosed in 2019, according to the IDF. This is a significant obstacle for the insulin pump market that could limit its expansion.

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Insulin Pump Market Competitive Landscape

The Global Insulin Pump Market is fairly concentrated, with a few big and medium-sized market participants accounting for a large portion of market revenue. A small number of significant businesses control a sizable portion of the market, which is consolidated. With a broad selection of pumps and supplies for the treatment of diabetes, market leader Medtronic maintains a commanding position. The growth of the business is also supported by the regulatory bodies' rising product approvals. Major players are including China National Petroleum Corporation, Exxon Mobil Corporation, Sasol, and Evonik Industries.

Top Player's Company Profiles

  • Medtronic
  • Tandem Diabetes Care
  • Insulet Corporation
  • Ypsomed
  • Roche Diabetes Care
  • Beta Bionics Inc.
  • Medtrum Technologies
  • B. Braun Melsungen AG
  • Sooil Development Co. Ltd.
  • Sequel Med Tech, LLC
  • Jiangsu Delfu Co., Ltd.
  • ViCentra B.V.
  • MicroTech Medical
  • PharmaSens
  • Microport Scientific
  • Debiotech S.A.

Recent Developments in Insulin Pump Market

  • In February 2022, The FDA has approved Tandem Diabetes Care, Inc.'s mobile bolus functionality, which enables t:slim X2 customers to manage an insulin bolus through the t:connect mobile app on their own smartphone.
  • In May 2021, MySugr Pump Control was introduced by F. Hoffmann-La Roche Ltd. within the mySugr app. MySugr Pump Operate enables patients to immediately control their insulin pumps via smartphone in order to import and view data status.
  • In July 2021, The mylife YpsoPump system's feature set has been expanded by Ypsomed AG. People with diabetes can continually manage their therapy via their smartphone thanks to this app-based integration of the Dexcom G6 Continuous Glucose Monitoring (CGM) System.

Insulin Pump Key Market Trends

Insulin Pump Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, Electronic insulin pumps are preferred by both doctors and patients as awareness of managing and caring for diabetes rises. This can be linked to the fact that newer generation pumps are 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 the anytime, anywhere nature of digital technology.

Report Metric Details
Market size value in 2023 USD 6.05 billion
Market size value in 2032 USD 12.3 billion
Growth Rate 8.2%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Tethered Insulin Pumps
    • Patch Pumps (Tubeless Pumps)
    • Miniature/Implantable Pumps
    • Smart Insulin Pumps
  • Component
    • Pump Device
    • Infusion Set (Cannula & Tubing)
    • Reservoir or Cartridge
    • Battery and Power Systems
    • Control System & Software (Apps/Monitors)
  • Disease Indication
    • Type 1 Diabetes
    • Type 2 Diabetes
  • Type of Therapy
    • Conventional Insulin Therapy
    • Continuous Subcutaneous Insulin Infusion (CSII)
    • Automated Insulin Delivery (AID) or Closed Loop Systems
    • Hybrid Closed Loop Systems
  • Usage Type
    • Reusable Insulin Pumps
    • Disposable Insulin Pumps
  • Patient Demographics
    • Pediatric (0–17 Years)
    • Adult (18+ Years)
    • Geriatric (65+ Years)
  • Distribution Channel
    • Hospital Pharmacy
    • Retail Pharmacy
    • Online Pharmacy
    • Direct Sales
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Medtronic
  • Tandem Diabetes Care
  • Insulet Corporation
  • Ypsomed
  • Roche Diabetes Care
  • Beta Bionics Inc.
  • Medtrum Technologies
  • B. Braun Melsungen AG
  • Sooil Development Co. Ltd.
  • Sequel Med Tech, LLC
  • Jiangsu Delfu Co., Ltd.
  • ViCentra B.V.
  • MicroTech Medical
  • PharmaSens
  • Microport Scientific
  • Debiotech S.A.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Insulin Pump Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Insulin Pump Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Insulin Pump Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Insulin Pump Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Insulin Pump Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Insulin Pump Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Insulin Pump Market size was valued at USD 6.05 Billion in 2023 and is poised to grow from USD 6.55 Billion in 2024 to USD 12.32 Billion by 2032, growing at a CAGR of 8.22% during the forecast period (2025-2032).

The Global Insulin Pump Market is fairly concentrated, with a few big and medium-sized market participants accounting for a large portion of market revenue. A small number of significant businesses control a sizable portion of the market, which is consolidated. With a broad selection of pumps and supplies for the treatment of diabetes, market leader Medtronic maintains a commanding position. The growth of the business is also supported by the regulatory bodies' rising product approvals. Major players are including China National Petroleum Corporation, Exxon Mobil Corporation, Sasol, and Evonik Industries. 'Medtronic (Ireland) ', 'Hoffmann-La Roche AG (Switzerland) ', 'Tandem Diabetes Care, Inc. (US) ', 'Insulet Corporation (US) ', 'Ypsomed AG (Switzerland) ', 'Sanofi S.A. (France) ', 'Sooil Development (Korea) ', 'Jiangsu Delfu Co., Ltd. (China) ', 'Cellnovo Ltd. (UK) ', 'Valeritas, Inc. (US) ', 'Debiotech S.A. (Switzerland) ', 'CeQur Simplicity (Switzerland) ', 'Microtec Medical Ltd. (UK) ', 'ViCentra B.V. (Netherlands) ', 'EOFLOW CO., LTD. (Korea) ', 'Becton, Dickinson and Company (US) ', 'Abbott Laboratories (US) ', 'Braun Melsungen AG (Germany) ', 'Animus Corporation (US) ', 'Asante (US) ', 'Nipro Diagnostic, Inc. (Japan)'

The Insulin Pump Market participants are concentrating on R&D of technologically advanced goods and launching new products in response to the growing adoption of these pumps among diabetic patients in developed and emerging nations. Several clinical trials that indicate indications of persistent improvement in glucose control in type 2 diabetes patients receiving pump therapy as opposed to those receiving Multiple Daily Injection (MDI) therapy have complemented R&D.

Intelligent technologies, including AI, have quickly impacted the healthcare IT sector and are currently making steady progress in the management of diabetes. Medical device businesses can actively develop and introduce AI-enabled pumps and other automated drug delivery systems for type 2 diabetes by leading the way in these trends. There is a demand for technologically sophisticated pumps due to the type 2 diabetes population's growing use of these pumps. For instance, according to Medtechdive, the global adoption rate of type 2 insulin pumps is now about 5%, with an expected 15% growth by 2027.

The global Insulin Pump Market includes recent trends and potential prospects for each region, including Europe, North America, Asia Pacific (APAC), the Middle East, and Africa (MEA). Due to the increased prevalence of diabetes, North America will dominate the market for these throughout the projection period. In addition, the presence of major industry players in the area, the rising obesity rate, the accessibility of cutting-edge medical facilities, the high consumption of fast food, technological advancements, and consumers' sedentary lifestyles all contribute to market growth. The region's major contributors are the United States and Canada.

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