Diabetes Care Devices Market To Grow Exponentially With USD 79.2 Bn Earnings By 2028

07-Apr-2022 | Zion Market Research

According to study of Zion Market Research, Diabetes Care Devices industry accrued ROI of approximately around US$ 50.1 billion in 2021 and is set to gain income of almost US$ 79.2 billion in 2028. In addition to this, Diabetes Care Devices market is estimated to register highest gains of nearly 6% in time period of 2022 to 2028. Moreover, growth of diabetes care devices market over forecasting years is subject to rise in cases of diabetics across globe due to swift urbanization & inactive lifestyle. Apart from this, prominent surge in obese population due to intake of food having high fat contents can lead to surge in number of diabetes persons across globe. Furthermore, innovations in diabetes care devices will bring an upswing in expansion of diabetes care devices business due to increase in product sales. Elevation in awareness levels about diabetes monitoring equipment along with unexplored business opportunities found in emerging economies will open new vistas of growth for diabetes care devices industry.

Continuous Glucose Monitoring Devices Segment To Record Fastest Surge In 2022-2028

Prominent acceptance of test strips as well as self-monitoring blood glucose meters for detecting diabetes will prompt growth of continuous glucose monitoring devices segment. In addition to this, surge in awareness of disease in emerging economies will enhance product demand & sales in ensuing years.

Asia Pacific To Contribute Remarkably Towards Size Of Diabetes Care Devices Market By 2028

Huge demand for diabetes care devices in Asia Pacific can be attributed to rise in diabetic population in countries such as India and China. Apart from this, inflation in government funding for effectively managing diabetes will drive diabetes care devices market growth in Asia Pacific zone. Rise in use of smartphones and thriving mHealth sector will push up regional market trends.

Key industry participants involved in business growth and profiled in report include Roche Diagnostics Ltd., Terumo Corporation, ARKRAY, Inc., Acon Laboratories, Inc., Abbott Laboratories, Dexcom, Inc., Novo Nordisk A/S, Medtronic plc, Johnson & Johnson, Bayer AG, Merck & Co., Inc., Becton, Dickinson and Company,  The Ypsomed Group, and Sanofi S.A.

Browse the full Diabetes Care Devices Market- By Glucose Monitoring Device (Blood Glucose Meters, Blood Glucose Test Strips, Lancing Devices, Continuous Glucose Monitoring Devices, HbA1c Testing Kits, And Others), And By Insulin Delivery Device (Insulin Pumps, Insulin Syringes, And Insulin Pens): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/diabetes-care-devices-market

The global Diabetes Care Devices Market is segmented as follows:

By Glucose Monitoring Device

  • Blood Glucose Meters
  • Blood Glucose Test Strips
  • Lancing Devices
  • Continuous Glucose Monitoring Devices
  • HbA1c Testing Kits
  • Others

By Insulin Delivery Device

  • Insulin Pumps
  • Insulin Syringes
  • Insulin Pens

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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