Vietnam Insulin Patch Pumps Market to Grow with a CAGR of 9.56% through 2030
Technological advancements in insulin delivery are expected
to drive the Vietnam Insulin Patch Pumps Market growth in the forecast period, 2026-2030.
According to TechSci Research
report, “Vietnam Insulin Patch Pumps Market –– By Region, Competition,
Forecast and Opportunities, 2030F”, the Vietnam Insulin Patch Pumps Market stood
at USD 8.47 Million in 2024 and is
expected to reach USD 14.68 Million by 2030 with a CAGR of 9.56% during the
forecast period.
The Vietnam Insulin Patch
Pumps Market has witnessed steady growth over recent years, driven by the
rising prevalence of diabetes, increased healthcare access, and the adoption of
advanced technologies. As diabetes becomes a growing health concern in Vietnam,
the demand for innovative and effective diabetes management solutions, such as
insulin patch pumps, is on the rise. Insulin patch pumps offer several benefits
over traditional insulin delivery methods like injections and syringes,
including continuous insulin delivery, ease of use, and better blood sugar
control, which makes them an attractive option for both Type 1 and Type 2
diabetic patients.
One of the key drivers of the
Vietnam Insulin Patch Pumps Market is the rising incidence of diabetes in the
country. Vietnam has been experiencing a rapid increase in the number of people
diagnosed with diabetes due to lifestyle changes, urbanization, unhealthy
eating habits, and a lack of physical activity. According to the World Health
Organization, the prevalence of diabetes in Vietnam has been steadily
increasing, and it is projected to continue rising in the coming years. As more
people are diagnosed with diabetes, there is a growing demand for efficient and
advanced diabetes management technologies like insulin patch pumps.
The growing awareness about
the importance of blood sugar management and the benefits of continuous insulin
delivery has contributed significantly to the market’s expansion. Patients are
increasingly seeking alternatives to traditional insulin injections, which
often require multiple daily doses. Insulin patch pumps, which deliver
continuous basal insulin and bolus insulin as needed, provide a more convenient
and effective way to manage blood sugar levels. The convenience of wearing a
patch that automatically adjusts insulin delivery based on real-time glucose
readings makes it a popular choice for many patients who are looking for a more
hands-off and efficient method of insulin delivery.
In addition to the growing
awareness, advancements in diabetes care technologies have also played a major
role in the market’s expansion. Over the past decade, there has been a
significant improvement in the design, functionality, and affordability of insulin
patch pumps. The introduction of smaller, more discreet models has helped to
make these devices more comfortable and easier to use for patients. Many modern
insulin patch pumps come with features such as Bluetooth connectivity, allowing
patients to monitor and adjust their insulin delivery through smartphone apps.
These advancements in technology have helped make insulin patch pumps more
user-friendly and accessible to a broader segment of the population, which has
contributed to their increasing adoption.
Another factor driving the
growth of the market is the urbanization and economic development in Vietnam.
Southern Vietnam, particularly Ho Chi Minh City, has seen rapid growth in its
healthcare infrastructure. With more hospitals, clinics, and healthcare
providers offering advanced diabetes care, the demand for insulin patch pumps
is rising. The growing middle class in urban areas is increasingly willing to
invest in health technologies that offer better quality of life, which has
resulted in a surge in the adoption of insulin patch pumps. The improved
healthcare financing options and insurance coverage for diabetes management
have made these devices more accessible to the urban population.
Browse over XX market data
Figures spread through XX Pages and an in-depth TOC on
"Vietnam Insulin Patch Pumps Market”
The Vietnam Insulin Patch
Pumps Market is segmented into type, delivery mode, distribution channel,
regional distribution, and company.
Based on distribution channel,
hospitals are currently the dominant channel for the distribution and adoption
of insulin patch pumps. Hospitals in Vietnam are equipped with advanced medical
infrastructure and serve as the primary point of care for diabetes patients,
especially for those with severe conditions such as Type 1 diabetes. The
adoption of insulin patch pumps in hospitals is primarily driven by the need
for specialized care and the increasing demand for technologically advanced
treatment options.
The role of hospitals in the
insulin patch pumps market is crucial because they are typically the first
healthcare setting where patients are introduced to advanced diabetes
management technologies. Hospitals often have endocrinologists and diabetes
specialists who are well-versed in the latest insulin delivery methods,
including patch pumps. These healthcare professionals recommend insulin patch
pumps to patients who need better control over their blood sugar levels and are
seeking more convenient and efficient ways of managing their diabetes. Since
hospitals provide a comprehensive environment for both diagnosis and treatment,
they are the most reliable source for insulin patch pumps, particularly for
patients newly diagnosed with diabetes. Hospitals are able to offer patients
personalized diabetes care, making them more likely to recommend insulin patch
pumps as part of an integrated treatment plan. These devices provide patients
with the ability to manage their insulin delivery continuously and with fewer
injections, leading to better glycemic control and a reduction in the risks of
complications. Hospitals are also more likely to offer training and support
services to help patients understand how to use insulin patch pumps
effectively. This holistic approach to care, combining medical expertise with
advanced technology, makes hospitals the leading channel for insulin patch pump
distribution in Vietnam.
Based on region, Central
Vietnam is the second dominating region after Southern Vietnam. While Southern
Vietnam benefits from being the economic and healthcare hub, Central Vietnam is
increasingly gaining traction in the adoption of advanced diabetes care
solutions, including insulin patch pumps, due to several key factors. One of
the primary drivers for the growth of the insulin patch pumps market in Central
Vietnam is the improvement in healthcare infrastructure. Over the past few
years, the region has seen a rise in the number of hospitals, clinics, and
specialized diabetes care centers. These facilities are becoming more equipped
with advanced medical technologies, which include insulin patch pumps. With the
expansion of healthcare services and increased government investment in
healthcare infrastructure, Central Vietnam is seeing more diabetic patients
being introduced to modern treatment options, such as continuous insulin
delivery via patch pumps.
In addition to better
infrastructure, Central Vietnam is also benefiting from rising awareness about
diabetes management. As diabetes becomes more prevalent in the region,
healthcare providers are more focused on offering innovative solutions for
patients. Endocrinologists and diabetes specialists in Central Vietnam are
increasingly recommending insulin patch pumps to patients who need better
control over their blood glucose levels. Patients in this region are becoming
more health-conscious and more open to adopting technologies that make managing
diabetes more convenient and effective.
Major companies operating in the
Vietnam Insulin Patch Pumps Market are:
- Medtronic
Viet Nam Ltd.
- Roche
Vietnam Co. Ltd
- Terumo
Vietnam Co., Ltd.
- Getz
Healthcare (Vietnam)
- Omron
Healthcare Manufacturing Vietnam Co. Ltd
- B.
Braun Vietnam Co., Ltd.
- Intech
Pumps Vietnam Joint Stock Company
- Life
Sciences Co., Ltd (BD)
- Thien
Viet Medical Device Service Trade Joint Stock Company
- Tan
Hieu Joint Stock Company
Download Free Sample Report
Customers can also request 10%
free customization on this report
“The future of the Vietnam
Insulin Patch Pumps Market is poised for significant growth, driven by
increasing diabetes prevalence, advancements in healthcare infrastructure, and
rising awareness of innovative diabetes management solutions. As the country's
healthcare system continues to evolve, more hospitals, clinics, and specialized
centers will adopt insulin patch pumps, offering enhanced treatment options for
both Type 1 and Type 2 diabetes patients. Technological advancements will
further improve the functionality and affordability of insulin patch pumps,
making them more accessible to a broader demographic, particularly in urban and
emerging regions. The growing middle class and greater healthcare access will
also contribute to higher adoption rates. The integration of insulin patch
pumps with continuous glucose monitoring systems and smartphone applications
will enhance patient experience and treatment effectiveness. As diabetes care
shifts toward more personalized, convenient, and efficient solutions, the
Vietnam insulin patch pump market is expected to expand rapidly, establishing a
strong foothold in the Southeast Asian healthcare landscape.,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
"Vietnam Insulin Patch Pumps Market By Type (Disposable and Reusable), By
Delivery Mode (Basal, Bolus, Basal & Bolus), By Distribution Channel
(Hospitals, Retail Pharmacies, Private Clinics, Online Pharmacies, and Others),
By
Region, Competition, Forecast
and Opportunities, 2020-2030F”, has
evaluated the future growth potential of Vietnam Insulin Patch Pumps Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Vietnam Insulin Patch Pumps Market.
Contact
TechSci Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com