Diabetes Care Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Report Code: ZMR-4216 | Report Format : | Status : Upcoming |

Abstract

Global Diabetes Care Devices Market: Overview

Insulin pumps were introduced in the 70s of the 20th century and this laid the foundation for the growth of diabetes care devices market across the globe in the 21st century. The invention was succeeded by numerous other breakthroughs in the healthcare sector including the launching of small & portable insulin pumps as well as self-measuring blood glucose meters that were launched at the beginning of this century.

Global Diabetes Care Devices Market: Growth Factors

Continuous product innovations have contributed to the growth of the diabetes care devices market across the globe. In addition to this, the growing incidence of diabetes witnessed among the patients worldwide will push the diabetes care devices industry growth over the coming years. Apart from this, favorable compensation schemes and medical insurance policies covering diabetes as a disease introduced by the government will increase the demand for diabetes care devices. Furthermore, the rise in the aging population prone to diabetes along with technological breakthroughs witnessed in blood glucose monitoring equipment will enhance the scope of the business. Moreover, the rise in online branding & marketing activities by the key players in the industry has further added to the business growth trends.

Global Diabetes Care Devices Market: Segmentation

The diabetes care devices market can be segmented into product type and end-use. On the basis of product type, the industry can be sectored into blood glucose monitoring equipment and insulin delivery equipment. End-use wise, the diabetes care devices market can be divided into hospitals, home care, ambulatory surgery centers, and diagnostic centers.

Global Diabetes Care Devices Market: Regional Analysis

Based on the region, the global diabetes care devices market can be divided into five main regions: Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa. North America is anticipated to contribute opulently towards the overall market size. The U.S. is projected to account for a major share of the regional market share during the estimated timeline, owing to the rapidly increasing population impacted due to diabetes along with massive investment in healthcare research programs. Apart from this, approval of new equipment assisting in monitoring as well as controlling the diabetes ailment is anticipated to boost the regional market growth trends.

Factors such as large-scale incidence of diabetes will determine the growth of the diabetes care devices industry in Europe. Furthermore, overweight and obesity are the key issues that are likely to affect the diabetes care devices market earnings. Countries such as Germany and the UK are predicted to be the major regional revenue generators.

The Asia Pacific and Latin America markets are likely to exhibit profitable growth over the assessment period.

Global Diabetes Care Devices Market: Competitive Players

Few of the main participants in diabetes care devices market include Abbott Laboratories, Dexcom, Inc., Ypsomed AG, F. Hoffmann-La Roche Ltd., Glysens Incorporated, Eli Lilly & Company, Johnson & Johnson, Novo Nordisk A/S, Arkray, Inc., ACON Laboratories, Inc., Insulet Corporation, Ascensia Diabetes Care Holdings AG, Medtronic plc, and Terumo Corporation.

Global Diabetes Care Devices Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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