The Global Diabetes Care Devices Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.

The diabetes care devices market is a rapidly growing segment of the healthcare industry. Diabetes is a chronic disease that affects millions of people worldwide, and diabetes care devices are medical devices used to manage and monitor blood glucose levels in diabetic patients. The global diabetes care devices market size reached USD 22.85 Billion in 2022 and is expected to register a steady revenue CAGR of 6.50% during the forecast period, according to latest analysis by Emergen Research.

One of the major drivers of the diabetes care devices market is the increasing prevalence of diabetes. According to the International Diabetes Federation, approximately 463 million adults were living with diabetes worldwide in 2019, and this number is expected to rise to 700 million by 2045. This has led to a growing demand for diabetes care devices, particularly blood glucose monitoring devices, insulin delivery devices, and other diabetes care accessories.

Another driver of the diabetes care devices market is the increasing adoption of digital diabetes care devices. Manufacturers are developing more advanced diabetes care devices that use digital technology to improve the accuracy and convenience of blood glucose monitoring and insulin delivery. For example, continuous glucose monitoring (CGM) devices can provide real-time glucose readings and alerts to help diabetic patients manage their blood glucose levels more effectively.

According to the World Health Organization, diabetes is a major cause of blindness, kidney failure, heart attacks, stroke, and lower limb amputation worldwide. In 2019, diabetes was the seventh leading cause of death worldwide.

In the United States, the Centers for Disease Control and Prevention estimates that approximately 34.2 million people, or 10.5% of the population, have diabetes. Approximately 88 million adults, or one in three adults, have prediabetes.

In Europe, the International Diabetes Federation estimates that approximately 59 million adults have diabetes, and this number is expected to rise to 68 million by 2045.

The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market.

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The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Diabetes Care Devices industry for evaluation and predictive analysis.

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.

The major companies studied in the report include:

Sanofi, Lilly, Medtronic, Ypsomed AG, Procter & Gamble, F. Hoffmann-La Roche Ltd, Novo Nordisk A/S, Insulet Corporation, Abbott, BD

The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

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Key Parameters Analyzed in This Section:



Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Regional Segmentation:

Based on the geographical spread, the Diabetes Care Devices industry is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis of the Diabetes Care Devices market provides an insight into the regions expected to hold the largest share in the market. Additionally, the report provides valuable data about distribution, production, consumption patterns, export/import, and demand and supply ratio.

Along with these details, the report also covers the segmentation of the market based on types, applications, end-user industry, and others. Analysis of each market segment, along with projections up to 2027, is offered in the report. The report includes profitability, gross margins, global demand, sales volume, and growth prospects of each market segment.

Based on Type, the market is segmented into:

Type Outlook (Revenue, USD Billion; 2019-2032)
Blood Glucose Monitoring Systems
Lancets
Test Strips/Test Papers
Insulin Delivery Devices
Diabetes Management Mobile Applications
Patient Care Settings Outlook (Revenue, USD Billion; 2019-2032)
Hospitals & Clinics
Self/Home Healthcare
Diabetes Specialty Clinics
Other End-use
Regional Outlook (Revenue, USD Billion; 2019–2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
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Report Highlights:

Besides offering a vivid depiction of the global Diabetes Care Devices business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
Thank you for reading our report. For further inquiries, please get in touch with us. Our team will ensure the report is customized to meet your requirements.





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