According to the report, the global Diabetes Monitoring Devices market accrued earnings worth approximately 25.75 (USD Billion) in 2019 and is predicted to gain revenue of about 31.88(USD Billion) by 2026, is set to record a CAGR of nearly 5.1 % over the period from 2020 to 2026.
The global Diabetes Monitoring Devices market accrued earnings worth approximately 25.75 (USD Billion) in 2019 and is predicted to gain revenue of about 31.88(USD Billion) by 2026, is set to record a CAGR of nearly 5.1 % over the period from 2020 to 2026. The report offers assessment and analysis of the Diabetes Monitoring Devices market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Diabetes has become one of the major causes of deaths across the globe in the recent years. Hence, breakthroughs are witnessed in blood glucose monitoring systems for effectively detecting diabetes in patients and this will drive market trends. Citing an instance, the use of non-invasive blood glucose monitoring tools is gaining momentum across the medical & healthcare sectors for effectively measuring diabetes in persons. Additionally, Bluetooth low energy sensor is considered as apt tool for detecting key signs of diabetes in persons. So, a personalized healthcare monitoring tool makes use of this sensor device, machine learning algorithm, and real time data processing method in not only determining diabetes, but also effectively handle the chronic condition.
Rise in the intake of alcohol due to stress caused as a result of hectic work schedule will prompt the expansion of diabetes monitoring devices industry over the upcoming years. Apart from this, surge in the acceptance of wearable diabetes monitoring equipment, acceptance of insulin patches, and sensor driven smart insulin pumps for self-diagnosis of diabetes will proliferate the market size. Furthermore, timely monitoring of unexpected or fluctuating glucose help in determining the severity of diabetes in the persons and this will encourage the expansion of diabetes monitoring devices industry in the upcoming years. Moreover, rise in the diabetics across the globe and launching of new & low cost diabetes monitoring devices will contribute substantially towards the market value in the upcoming years.
In addition to this, with rise in the incidences of COVID-19 cases across the globe and the disease posing more threat to the life of the diabetes patients, there is growing use of diabetes monitoring equipment. This, in turn, will create value for the products as well as increase the market profitability within the span of next few years.
The market in Europe over 2020-2026 is anticipated to witness a tremendous expansion owing to surge in the diabetics in the continent along with low costs of insulin devices resulting in high sales in the region. Apart from this, presence of giant firms manufacturing these equipment will culminate into humungous penetration of the product in the continent, thereby resulting in value creation for the business. This, in turn, will steer the growth of the regional market over the upcoming years.
Key players profiled in the study include Tandem Diabetes Care, PHC Holdings, Hoffmann-La Roche Ltd., Novo Nordisk A/S, Braun Melsungen AG, Medtronic Corporation, BD, Abbott Laboratories, and Sanofi.
List of Figures
1. Market research Type
2. Market research methodology
3. Global Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Diabetes Monitoring Devices Marketattractiveness, By Product
6. Global Diabetes Monitoring Devices Marketattractiveness, By Distribution Channel
7. Global Diabetes Monitoring Devices Marketshare by Product,2019 and 2026 (USD Billion)
8. Global Diabetes Monitoring Devices Marketby Lancing Devices, 2016–2026(USD Billion)
9. Global Diabetes Monitoring Devices Marketby Testing Strips, 2016–2026(USD Billion)
10. Global Diabetes Monitoring Devices Marketby , Blood Glucose Meters, 2016–2026(USD Billion)
11. Global Diabetes Monitoring Devices Marketshare by Distribution Channel ,2019 and 2026 (USD Billion)
12. Global Diabetes Monitoring Devices Marketby Institutional Sales, 2016–2026(USD Billion)
13. Global Diabetes Monitoring Devices Marketby Retail Sales, 2016–2026(USD Billion)
14. Global Diabetes Monitoring Devices Marketshare, by Region, 2019 and 2026
15. North America Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
16. Europe Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
17. Asia Pacific Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
18. Latin America Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
19. The Middle East and Africa Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
List of Tables
1. Global Diabetes Monitoring Devices Market: snapshot
2. Drivers of the Diabetes Monitoring Devices Market: impact analysis
3. North America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
4. North America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
5. The U.S. Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
6. The U.S. Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
7. Rest of North America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
8. Rest of North America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
9. Europe Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
10. Europe Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
11. UK Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
12. UK Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
13. France Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
14. France Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
15. Germany Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
16. Germany Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
17. Rest of Europe Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
18. Rest of Europe Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
19. Asia Pacific Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
20. Asia Pacific Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
21. China Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
22. China Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
23. Japan Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
24. India Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
25. India Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
26. Rest of Asia Pacific Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
27. Rest of Asia Pacific Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
28. Latin America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
29. Latin America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
30. Brazil Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
31. Brazil Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
32. Rest of Latin America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
33. Rest of Latin America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
34. The Middle East and Africa Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
35. The Middle East and Africa Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
36. Saudi Arabia Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
37. Saudi Arabia Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
38. South Africa Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
39. South Africa Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
40. Rest of the Middle East & Africa Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
41. Rest of the Middle East & Africa Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
Rise in the intake of alcohol due to stress caused as a result of hectic work schedule will prompt the expansion of diabetes monitoring devices industry over the upcoming years. Apart from this, surge in the acceptance of wearable diabetes monitoring equipment, acceptance of insulin patches, and sensor driven smart insulin pumps for self-diagnosis of diabetes will proliferate the market size. Furthermore, timely monitoring of unexpected or fluctuating glucose help in determining the severity of diabetes in the persons and this will encourage the expansion of diabetes monitoring devices industry in the upcoming years. Moreover, rise in the diabetics across the globe and launching of new & low cost diabetes monitoring devices will contribute substantially towards the market value in the upcoming years.
In addition to this, with rise in the incidences of COVID-19 cases across the globe and the disease posing more threat to the life of the diabetes patients, there is growing use of diabetes monitoring equipment. This, in turn, will create value for the products as well as increase the market profitability within the span of next few years.
According to Zion market research report, the global Diabetes Monitoring Devices market accrued earnings worth approximately 25.75 (USD Billion) in 2019 and is predicted to gain revenue of about 31.88(USD Billion) by 2026, is set to record a CAGR of nearly 5.1 % over the period from 2020 to 2026.
Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to surge in the diabetics in the continent along with low costs of insulin devices resulting in high sales in the region. Apart from this, presence of giant firms manufacturing the equipment will culminate into humungous penetration of the product in the continent, thereby resulting in value creation for the business. This, in turn, will steer the growth of the regional market over the upcoming years.
The key market participants include Tandem Diabetes Care, PHC Holdings, Hoffmann-La Roche Ltd., Novo Nordisk A/S, Braun Melsungen AG, Medtronic Corporation, BD, Abbott Laboratories, and Sanofi.
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed