Digital Diabetes Management Market 2020 Global Trend and Forecast to 2025 | Abbott, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd., BD, Dexcom, Inc., Ascensia Diabetes Care Holdings AG, Lifescan, Inc., Glooko, Inc.

The global digital diabetes management market was valued at USD 6,960.0 million in 2019 and is expected to grow at a CAGR of 22.9% over the forecast period. The market is anticipated to grow on account of growing technological advancements and innovations across the digital diabetes management industry. According to IDF Diabetes Atlas Ninth edition 2019, approximately 463 million adults (20 to 79 years) are living with diabetes which is anticipated to surpass the mark of 700 million by 2045. Furthermore, in the year 2019; USD 760 billion was spent on healthcare expenditure towards diabetes. All these factors are anticipated to augur market growth over the forecast period.

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Leading Companies Reviewed in the Report are:

Key players serving the global Digital Diabetes Management market include Abbott, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd., BD, Dexcom, Inc., Ascensia Diabetes Care Holdings AG, Lifescan, Inc., Glooko, Inc., Tandem Diabetes Care among other prominent players.

Digital Diabetes Management market reports deliver insight and expert analysis into key consumer trends and behavior in marketplace, in addition to an overview of the market data and key brands. Digital Diabetes Management market reports provides all data with easily digestible information to guide every businessman's future innovation and move business forward.

North America currently holds the largest share in the digital diabetes management market owing to rising awareness on self-diabetes management devices, favorable regulatory scenarios, and the presence of a significant number of major players across the region along with growing investments by the established firms. Furthermore, Asia Pacific is going to record growth at a faster pace on account of the growing patient pool across China and India. Also, the growing healthcare infrastructure, rising disposable income, and growing e-commerce across the region are anticipated to fuel market growth over the forecast period.

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The digital diabetes management market has enormous potential, given that over 2.5 billion individuals use smartphones and approximately 0.5 billion people are currently using mobile-based applications for the management of diet and chronic diseases. Currently, several applications are stand-alone; however, there is a growing demand for integration and increased automation of data collection and algorithm-based response. Adroit Market Research anticipates that as this trend gain momentum, the landscape of digital diabetes management applications is likely to transform towards greater integration.

The prominent players operating in global digital diabetes management market includes Abbott, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd., BD, Dexcom, Inc., Ascensia Diabetes Care Holdings AG, Lifescan, Inc., Glooko, Inc., Tandem Diabetes Care among other prominent players.

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Key segments of the global digital diabetes management market

Product & Services Overview, 2015-2025 (USD Million)

Devices
Digital Diabetes Management Apps
Data Management Software & Platforms
Services

Type Overview, 2015-2025 (USD Million)

Wearable Devices
Handheld Devices

End User Overview, 2015-2025 (USD Million)

Home Care Settings
Diabetes Clinics
Academic & Research Institutes
Others

Regional Overview, 2015-2025 (USD Million)

North America
U.S.
Canada
Europe
Germany
United Kingdom
France
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Central and South America
Brazil
Mexico
Rest of Central and South America
Middle East & Africa
GCC
Rest of Middle East and Africa

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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