Press release
What's driving the Diabetes Care Devices Market Growth? Prominent Players: ARKRAY,Inc., Bayer Pharmaceuticals, Dexcom, Medtronic, Sinocare Inc., Nova Biomedical
Technological advancements in devices used for monitoring blood glucose levels and insulin delivery will drive diabetes care devices market over the forecast timeframe. Growing population of health-conscious people adopting continuous glucose monitoring devices and rising awareness regarding body weight management will positively impact global diabetes care devices industry growth.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3250
Several initiatives undertaken by organizations such as the International Diabetes Federation (IDF) to create awareness regarding diabetes care should positively impact market growth. However, lack of reimbursement and insurance coverage along with low per capita spending on diabetes management will hamper diabetes care devices business to a certain extent over the coming years.
Blood glucose monitoring devices product segment accounted for more than 60% market share in 2018 and is projected to witness considerable growth over the forecast period. Rising awareness regarding diabetes management, and growing number of health-conscious people leading to high adoption of diabetes monitoring devices should drive blood glucose monitoring devices market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• ARKRAY,Inc.
• Bayer Pharmaceuticals
• Dexcom
• Medtronic
• Sinocare Inc.
• Nova Biomedical
• BD
• Sanofi
• Eli Lilly and Company
• Insulet Corporation
• Novo Nordisk
• Wockhardt Ltd.
• Ypsomed AG
• Companion Medical
• Valeritas
• West Pharmaceutical Services
Hospitals end-use segment accounted for the largest market share of more than 45% in 2018. Growing hospitalization increases the need to accurately measure and control blood glucose, thereby avoiding morbidity, complications and mortality. Growing chronic disease prevalence, especially diabetes, will increase the demand for diabetes care devices in hospitals over the coming years. In addition, availability of portable and advanced devices for diabetes care in hospitals will impact the segmental share over the forecast years.
Home care diabetes end-use segment is forecasted to expand at 6.4% CAGR during the projected years. There is an increasing adoption of blood sugar monitoring and insulin delivery devices in home care settings. High convenience, remote monitoring, portability along with considerable precision are the major factors for robust segmental growth. Self-monitoring of blood sugar and control of blood glucose at home facilitates enhanced care and maintenance of diabetes with greater affordability. Thus, better suitability and development of user-friendly devices will augment the segmental share.
U.S. market is estimated to exceed USD 14.5 billion by 2025 owing to increasing incidence of target diseases and rising adoption of sedentary lifestyle. Increasing healthcare spending coupled with technological advancements in diabetes care devices should stimulate U.S. diabetes care devices market growth.
China held more than 30% market share of Asia Pacific diabetes care devices market in 2018. Nearly 10.9% total adult population of China suffer from diabetes, as per the IDF. High prevalence of diabetes, increasing rates of obesity and overweight along with physical inactivity will drive China market over the coming years.
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Diabetes care devices industry 3600 synopsis, 2014 – 2025 (USD Million)
2.1.1. Business trends
2.1.2. Product trends
2.1.3. End-use trends
2.1.4. Regional trends
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3250
Chapter 3. Diabetes Care Devices Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing prevalence of diabetes
3.3.1.2. Technological advancements in the field of diabetes
3.3.1.3. Favorable device insurance and reimbursement policies
3.3.1.4. Increased government initiatives for better awareness
3.3.2. Industry pitfalls and challenges
3.3.2.1. Low per capita expenditure on diabetes
3.3.2.2. Lack of reimbursement and stringent regulations in few countries
Chapter 5. Diabetes Care Devices Market, By End-use
5.1. Key segment trends
5.2. Hospitals
5.2.1. Market size, by region, 2014-2025 (USD Million)
5.3. Ambulatory surgery centers
5.3.1. Market size, by region, 2014-2025 (USD Million)
5.4. Diagnostic centers
5.4.1. Market size, by region, 2014-2025 (USD Million)
5.5. Home care
5.5.1. Market size, by region, 2014-2025 (USD Million)
5.6. Others
5.6.1. Market size, by region, 2014-2025 (USD Million)
Browse Full Report @ https://www.gminsights.com/industry-analysis/diabetes-care-devices-market
Data Tables
TABLE 1. Diabetes care devices industry 3600 synopsis, 2014 – 2025
TABLE 2. Diabetes care devices market, 2014 – 2018 (USD Million)
TABLE 3. Diabetes care devices market, 2019 – 2025 (USD Million)
TABLE 4. Diabetes care devices market, by product, 2014 - 2018 (USD Million)
TABLE 5. Diabetes care devices market, by product, 2019 - 2025 (USD Million)
TABLE 6. Diabetes care devices market, by end-use, 2014 - 2018 (USD Million)
TABLE 7. Diabetes care devices market, by end-use, 2019 - 2025 (USD Million)
TABLE 8. Diabetes care devices market, by region, 2014 – 2018 (USD Million)
TABLE 9. Diabetes care devices market, by region, 2019 – 2025 (USD Million)
TABLE 10. Industry impact forces
Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
Global Market Insights, Inc.
4 North Main Street
Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email:sales@gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Diabetes Care Devices Market Growth? Prominent Players: ARKRAY,Inc., Bayer Pharmaceuticals, Dexcom, Medtronic, Sinocare Inc., Nova Biomedical here
News-ID: 1758093 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Diabetes
Reverse Diabetes with Dr. Merritt’s Diabetes Reversal Recipe
[November 26, 2020] – People suffering from diabetes always search for ways to lower blood sugar levels in their bodies. Diabetes treatment available costs you hundreds of dollars yearly and also restricts you to a diabetic diet. That hampers your mental health and well-being. Apart from this, eye problems, kidney failure, amputations are some of the physical problems diabetic patients face.
Dr. Marlene Merritt (from the Merritt Wellness Center in…
Emerging trends for Diabetes Care Devices Market 2020 astonishing growth by Worl …
The global diabetes care devices market is expected to reach US$ 39,382.3 Mn in 2027 from US$ 23,354.3 Mn in 2018. The market is estimated to grow with a CAGR of 6.1% from 2020-2027.
Premium market insights recently published a report titled "Diabetes Care Devices Market Size and Forecast to 2026". The report includes an authentic and accurate research study into the global Diabetes Care Devices market based on a qualitative…
Diabetes Treatment
Diabetes Treatment is a important way to help manage the healthy ,easy to use and improve the way of the treatment of blood glucose monitoring system.
As living standards improve, an increasing obesity, the Diabetes Treatment has improved peoples living habits, disease control effect, is becoming more and more important.
The global Diabetes Treatment market is valued at 43700 million US$ in 2018 and will reach 58000 million US$ by the end…
Self-Monitoring Blood Glucose Devices Market Study by Advance Application [Type …
The global self-monitoring blood glucose devices market was valued at $7,768 million in 2017 and is projected to reach $10,828 million by 2025 at a CAGR of 4.2% from 2018 to 2025. Monitoring of blood glucose is an essential step in diabetes management. Blood glucose monitoring devices are predominantly used to monitor a patient’s blood glucose level. Self-monitoring blood glucose (SMBG) devices are easy-to-use and enable people to monitor their…
Global Diabetes Industry
Global Diabetes Industry
Market Insight
Global diabetes market is expected to grow at a CAGR of 7.9% percent for the forecasted period of 2016-2021. The market is segmented on the basis of type of diabetes, drugs class and diabetic devices. Diabetic drugs have the highest market share amongst drugs and devices and are also expected to have the highest growth rate with a CAGR of 9%. Some of the top selling…
Diabetes Drugs Market: Increasing Prevalence of Diabetes to Stoke Market Growth
According to the TMR report, the global diabetes drugs market stood at a valuation of US$43.1 bn in 2016 and is likely to be valued at US$58.4 bn by the end of 2025 expanding at a CAGR of 3.6% between 2017 and 2025.
Research and Development Pursuits to Introduce Novel Products Stokes Growth
The rising per capita income in several parts of world leading to changing lifestyles and adoption of unhealthy food…
