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Global Digital Diabetes Management Market Analysis Forecasted From 2020 to 2025 | Top Players, Johnson & Johnson, Medtronic PLC, F. Hoffmann-La Roche, Ascensia Diabetes Care Holdings Ag, B. Braun Melsungen AG, Tidepool, Glooko, Inc., Agamatrix, Inc., Tand
Global Digital Diabetes Management Market Projected to grow at a CAGR of 21.00% during the forecast period from 2020 to 2025
Digital Diabetes Management Market Top Players:
Some of the major players operating in the digital diabetes management market include Medtronic PLC, F. Hoffmann-La Roche, Dexcom, Inc., Ascensia Diabetes Care Holdings Ag., Abbott Laboratories, B. Braun Melsungen AG, Tidepool, Glooko, Inc., Lifescan, Inc. (A Subsidiary of Johnson & Johnson), Agamatrix, Inc., Tandem Diabetes Care, Inc., Insulet Corporation and Dariohealth Corporation. Leading companies have invested massive capital in research & development and mergers & acquisitions activities to develop & launch innovative products in the market.
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Digital Diabetes Management Market Outlook:
The global digital diabetes management market is driven by key factors such as increasing prevalence of diabetes, increasing penetration of digital platforms and advancement in technology. However, high cost of devices and lack of reimbursement in developing countries is one of the factor hampering the market growth.
Digital Diabetes Management Market Segmental Overview:
The digital diabetes management market is segmented by product & service, device type, end user and geography
Digital Diabetes Management Market by Product & Service:
• Devices
• Digital Diabetes Management Apps
• Data Management Software And Platforms
• Services
The growing demand for wireless and wearable devices for diabetes management, growing acceptance of smart insulin pumps & pens for insulin delivery, technological innovations in devices are the key factors driving the devices segment globally.
Digital Diabetes Management Market by Device Type:
• Wearable Devices
• Handheld Devices
The increasing number of regulatory approvals for CGM systems, technological advancements such as closed-loop pump systems, smart insulin patches, and other pipeline devices are attributing the growth of wearable devices segment globally.
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Digital Diabetes Management Market by End User:
• Self/Home Healthcare
• Hospitals & Specialty Diabetes Clinics
• Academic & Research Institutes
The self/home healthcare segment dominated the market in 2018, due to the move toward home care & self-management of diabetes and advancement in technology.
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Digital Diabetes Management Market by Geography:
On the basis of geography, the digital diabetes management market is segmented into North America, Europe, Asia-Pacific and Rest of the world. North America region dominated the digital diabetes management market in 2018 due to advancement in technology solutions, high adoption of remote online coaching services for diabetes management and favorable reimbursement policies.
Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals &Materials, Food & Beverages, Packaging Agriculture, Power & Energy.
Market research reports are based on scientifically developed statistics and content analytics tool ‘Qual-Quant Data Model’, in which various industry vertical’s qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.
Manish Shelar
Telephone: +1 (845) 875-9786
Email: sales@axiommrc.com
Website: https://axiommrc.com
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