Global Diabetes Care Devices Market Outlook, Opportunities And Strategies
Learn about the global diabetes care devices market through The Business Research Company, which provides information on diabetes care devices market size, diabetes care devices market drivers and restraints, diabetes care devices market players, the COVID-19 impact on the diabetes care devices market, and more.
The global diabetes care devices market size is expected to grow from $52.98 billion in 2021 to $58.32 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global diabetes care market size is expected to grow to $80.69 billion in 2026 at a CAGR of 8.5%.
Busy lifestyles and changing consumer preferences are affecting the disease profile of the world population, especially non-communicable diseases such as diabetes.
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The diabetes care devices market consists of sales of diabetes care devices and related services by entities (organizations, sole traders, and partnerships) that produce diabetes care devices used to monitor and control blood glucose levels in diabetic patients.
Global Diabetes Care Devices Market Segments Include:
By Type: Blood Glucose Test Strips, Insulin Pens, Syringes, Pumps and Injectors, Lancing Devices and Equipment, Continuous Glucose Monitoring Devices and Equipment, Blood Glucose Meters
By End-User: Hospitals and Clinics, Diagnostic Laboratories, Others
By Type of Expenditure: Public, Private
By Product: Instruments/Equipment, Disposables
Subsegments Covered: Glucose Dehydrogenase, Glucose Oxidase, Pens, Injectors and Pumps, Syringes
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global diabetes care devices market in 2021.
Pharmaceutical companies are investing in developing and commercializing glucose responsive insulins (GRIs), providing significant opportunities for the development of new types of insulin delivery devices.
TBRC’s diabetes care devices market report covers:
Major Market Players: Abbott Laboratories, Novo Nordisk, Medtronic Inc., Dexcom, Inc., F. Hoffmann-La Roche Ltd., Becton Dickinson, Insulet, Ypsomed, ConvaTec Group Plc, and B. Braun Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2021-2026-2031)
The Diabetes Care Devices Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides diabetes care devices market overviews, analyzes and forecasts market size, share, diabetes care devices market players, diabetes care devices market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s diabetes care devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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