The rising predominance of diabetes attributable to stationary ways of life is the prime component for the development of the diabetes devices market. Also, the consistently expanding subsidizing taken after by the heightened innovative work endeavors that are gone for upgrading treatment answers for the control of diabetes is driving the worldwide market towards quick development. Diabetes mellitus is a group of metabolic disorder characterized by high blood sugar levels or high blood glucose level. The innovative advances have already been made and opportunities for product innovation are likely to consist of incremental improvements in performance. The segment related to the growing acceptance of continuous blood glucose monitoring systems by healthcare professionals to monitor real-time blood glucose levels for better management of diabetes.
How Big is the Global Diabetes Care Devices Market?
The Global Diabetes Care Devices Market is expected to be around US$ 42.50 Billion by 2028 at a CAGR of 6% in the given forecast period.
The major driving factors of Global Diabetes Care Devices Market are as follows:
The restraining factors of Global Diabetes Care Devices Market are as follows:
The Global Diabetes Care Devices Market is segmented on the lines of its glucose monitoring devices, insulin delivery device, type and regional. Based on glucose monitoring device segmentation it covers blood glucose meters, blood glucose test strips, lancing devices, continuous glucose monitoring devices, HbA1c testing kits. Based on insulin delivery device segmentation it covers insulin pumps, insulin syringes and insulin pens. Based on type segmentation it covers therapy type, inject able, oral drugs.TheGlobal Diabetes Care Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Diabetes Care Devices Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Diabetes Care Devices Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Diabetes Care Devices Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott Laboratories, Dexcom Inc., Johnson & Johnson, Merck & Co., Becton, Dickinson and Company, Roche Diagnostics Ltd., Bayer AG, Acon Laboratories, Inc., Ypsomed AG, Novo Nordisk A/S, Medtronic plc, ARKRAY Inc, Terumo Corporation, Dexcom, Inc., and Sanofi. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Diabetes Care Devices Market has been segmented as below:
By Glucose Monitoring Devices Analysis:
By Insulin Delivery Devices Analysis:
By Type Analysis:
By Regional Analysis:
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4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Approach
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Market Share Estimation
2.4.1 Key Data From Secondary Sources
2.4.2 Key Data From Primary Sources
2.4.2.1 Key Industry Insights
2.5 Assumptions
2.5.1 Market Assumptions
2.5.2 Price Assumptions
3 Executive Summary
4 Premium Insights
4.1 Growth Potential of this Market
4.2 BRIC Blood Glucose Monitoring Devices Market
4.3 Diabetes Care Devices Market, By Geography
4.4 China to Dominate this Market During the Forecast Period
4.5 BRIC Diabetes Care Devices Market
5 Industry Insights
5.1 Trends
5.1.1 Growing Diabetes Care Market in India
5.1.2 Shift Towards Continuous Glucose Monitors
5.1.3 Development of Noninvasive Glucometers
5.2 Technological Advancements in Insulin Delivery Systems
5.2.1 Insulin Inhalers
5.2.2 Oral Insulin
5.2.3 Artificial Pancreas
5.2.4 Insulin Patches/Transdermal Insulin Delivery
6 Brazil: Diabetes Care Devices Market
6.1 Introduction
6.2 Market Drivers
6.2.1 Increasing Incidence of Diabetes Especially Among Obese Population
6.2.2 Increased Collaborations and Funding to Support Diabetes Research
6.3 Market Restraints
6.3.1 Lack of Awareness
6.3.2 Geographical Limitations
6.4 Market Opportunities
6.4.1 Favorable Government Policies
6.5 Market Challenges
6.5.1 Stringent Regulations and Registration Process
6.6 Market Size
6.7 Market Share
7 Russia: Diabetes Care Devices Market
7.1 Introduction
7.2 Market Drivers
7.2.1 Growth in Aging Population
7.2.2 Large Urban Population and Rising Obesity
7.2.3 Growing Focus of Market Players Towards Russia
7.3 Market Restraints
7.3.1 High Cost of Diabetes Care Devices
7.3.2 Disparity in Reimbursement
7.3.3 Large Pool of Undiagnosed Patients
7.4 Market Opportunities
7.4.1 Growing Awareness About Diabetes
7.5 Market Challenges
7.5.1 Shortage of Healthcare Professionals in Diabetes Management
7.6 Market Size
7.7 Market Share
8 India: Diabetes Care Devices Market
8.1 Introduction
8.2 Market Drivers
8.2.1 Increasing Diabetic Population
8.2.2 Life Style Changes Driving Prevalence of Diabetes Among Urban Population
8.2.3 Growing Research on Diabetes and Its Management
8.3 Market Restraints
8.3.1 High Cost of Treatment and Devices
8.3.2 Emerging Alternative Therapies
8.3.3 Lack of Awareness
8.4 Market Opportunities
8.4.1 Huge Untapped Market Potential for Diabetes Care Devices
8.5 Market Challenges
8.5.1 Pricing Pressure Faced By Global Players
8.6 Market Size
8.7 Market Share
9 China: Diabetes Care Devices Market
9.1 Introduction
9.2 Market Drivers
9.2.1 Rising Diabetic Population
9.2.2 Increasing Number of International Research Collaborations
9.2.3 Expansion of Global Players and Growing Government Initiatives
9.3 Market Restraints
9.3.1 High Cost of Treatment and Devices
9.3.2 Traditional Chinese Medicine as an Alternative
9.3.3 Low Reimbursement for Diabetes Care Devices
9.4 Market Opportunities
9.4.1 Improved Primary Care Structure
9.5 Market Challenges
9.5.1 Nonadherence to International Standards and Gmps By Local Manufacturers
9.5.2 Regulatory Scenario
9.6 Market Size
9.7 Market Share
10 Competitive Landscape
10.1 Competitive Situation and Trends
10.1.1 Expansions
10.1.2 Agreements, Partnerships, and Collaborations
10.1.3 New Product Launches
11 Company Profiles
11.1 Roche Diagnostics Limited
11.2 Johnson & Johnson
11.3 Abbott Laboratories
11.4 Bayer AG
11.5 Medtronic PLC
11.6 Becton, Dickinson and Company
11.7 Ypsomed AG
11.8 Novo Nordisk A/S
11.9 Arkray, Inc.
11.10 Sanofi
11.11 Acon Laboratories, Inc.
11.12 Terumo Corporation
11.13 Dexcom, Inc.
The Global Diabetes Care Devices Market has been segmented as below:
By Glucose Monitoring Devices Analysis:
By Insulin Delivery Devices Analysis:
By Type Analysis:
By Regional Analysis:
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