Press release
Digital Diabetes Management Market Outlook to 2027 - Abbott, Insulet Corporation, Tandem Diabetes Care, Ascensia Diabetes Care Holdings, Medtronic, Glooko, Omada Health, B. Braun Melsungen, and Smart Meter
Digital Diabetes Management Market
The digital diabetes management market is anticipated to grow in the forecast period owing to key factors such as increasing prevalence of type I and type II diabetes, growing obesity, and technological advancements in digital diabetes management devices. Moreover, regulatory approvals for new and advanced digital diabetes management pose growing opportunities for the growth of the global digital diabetes management market.
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Diabetes is a medical condition where blood glucose, or blood sugar, levels are too high. It is a metabolic disorder associated with the hormone insulin and can lead to severe condition with many complications if left untreated. Hence, management of diabetes is essential as maintaining the blood sugar levels in diabetes is challenging. Thus, diabetes management includes keeping the count on carbohydrate intake, measuring and recording the blood sugar level, track record of exercise and other activities.
North America is expected to contribute to the largest share in the digital diabetes management market in the forecast period, due to the increasing prevalence of diabetes, advanced healthcare infrastructure, availability of technologically advanced products in this region as well as the presence of major market players in this region. However, Asia Pacific region is expected to be the fastest growing region owing to availability of several untapped opportunities, and increasing adoption rate of insulin devices in Asian countries, such as India and China.
The key players operating in the Digital Diabetes Management market include Medtronic, F. Hoffmann-La Roche Ltd, Glooko, Inc., Omada Health, Inc, B. Braun Melsungen AG, Abbott, Insulet Corporation, Tandem Diabetes Care, Ascensia Diabetes Care Holdings AG, and Smart Meter LLC. among others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital Diabetes Management market based on product and services, type, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital diabetes management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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Objectives of the Study
• To forecast the size of the Digital Diabetes Management market segments with respect to the 5 main regions, namely, North America, Europe, Latin America, Asia Pacific (APAC), and Middle East and Africa (MEA)
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze each submarket with respect to the individual growth trends, prospects, and contributions to the total market
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments of the market
• To profile the key market players, provide comparative analysis on the basis of business overviews, regional presence, product offerings, business strategies, and key financials, and illustrate the competitive landscape of the market
• To track and analyze the competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities in the market
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