Press release
Global Digital Diabetes Management Market Growth Factors and Applications by 2026 with Top Key Players: Sanofi, Dexcom, Inc, DarioHealth, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd
Advanced report on digital diabetes management Market Added by Data Bridge Market Research, offers details on current and future growth trends pertaining to the business besides information on myriad regions across the geographical landscape of the digital diabetes management Market. The report also expands on comprehensive details regarding the supply and demand analysis, participation by major industry players and market share growth statistics of the business sphere.Global digital diabetes management market is projected to register a healthy CAGR of 17.8% in the forecast period of 2019 to 2026.
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Some of the major players operating in this market are Abbott, PHC Holdings Corporation, WellDoc, Inc, Sanofi, Dexcom, Inc, DarioHealth, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd, Insulet Corporation, Tandem Diabetes Care, Lifescan, Inc, Agamatrix, Inc, Glooko, Inc, GlucoMe, Becton, Dickinson and Company, Azumio, Diabnext, Voluntis, Smart Meter LLC among others.
Segmentation: Global Digital Diabetes Management Market
Global digital diabetes management market is segmented into three notable segments such as product & services, diabetes management apps, end user.
On the basis of product & services, the market is segmented into devices, digital diabetes management apps, data management software and platforms, services. In 2019 devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
In February 2019, LifeScan Inc. announced result of OneTouch Select Plus, a blood glucose monitoring system which showed that long term clinical accuracy of the OneTouch Select Plus blood glucose test strip platform and highlights the products consistently accurate performance.
On the basis of type, the market is segmented into wearable devices, handheld devices. In 2019 wearable devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
In 2018, In October, AgaMatrix Inc and Arcadia Group announced strategic partnership for blood glucose monitoring (BGM) technology. By this partnership, company strengthen the brand portfolio.
On the basis of end user, the market is segmented into home care settings, diabetes clinics, academic & research institutes, others. In 2019, home care settings segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
In Feburary 2019, Glooko Inc launched their integration with the Novo Nordisk connected insulin pen on company Diasend platform.
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Drivers:
Rising Number Of Geriatric Population
High Acceptance Of Digital Healthcare Devices
Restraint:
Recall Of Devices
High Cost Of Devices
Opportunities:
TECHNOLOGY INNOVATION
A global technology innovation in type II diabetes management will create new lucrative opportunity for manufacturers to come up with new products in the market. Some of the technology are mentioned in the below.
Mobile apps uses cloud technology for better monitoring. Mobile app uses a sensor to record blood glucose level, So that the user can read out data in the app. By uploading each reading into cloud storage, which provides information that can be accessed by enable up to 20 different people. Anyone can easily access these account as well as easily view glucose monitor reading from their own mobile.
CHALLENGES
TECHNOLOGY COMPETTION
Now day's number of latest technology apps has been introduced that are available in the market for monitoring glucose level. These devices are available with latest technology and provide accurate, fast, displays glucose measure data on screen.
o In 2018, Medtronic, a is key leader on higher adoption of its insulin pumps that which is limits the use of continuous glucose monitors to currently available pumps in the market. At present time Medtronic standalone continuous glucose monitoring market with the recently launch of Guardian Connect device which is elevate the competition for Dexcom and Abbott.
Table of Contents
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Market Size and Forecast by Type
Chapter 6. Market Size and Forecast by Application
Chapter 7. Global Digital Diabetes Management Market, by Geography
Chapter 8. Competitive Analysis
Chapter 9. Company Profiles and Strategic Developments
Chapter 10. Appendix
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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