Press release
Digital Diabetes Management Market to Witness Exponential Growth by 2020-2030 | Leading Players – Bayer AG, Medtronic, Roche Diagnostics, Dexcom, Inc., Abbott Laboratories
Digital Diabetes Management Market
The global digital diabetes management market is expected to decline from $6.09 billion in 2019 to $6.03 billion in 2020 at a compound annual growth rate (CAGR) of -1.02%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $12.13 billion in 2023 at a CAGR of 26.27%.
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The digital diabetes management market consists of sales of digital diabetes management devices and related services. Digital diabetes management includes devices, apps, and software that manage blood glucose levels in the human body. These devices play a vital role in the care of diabetes patients with the management of patient’s blood glucose levels and controlling their conditions.
The increasing prevalence of diabetes is projected to propel the demand for digital diabetes management devices and related services, thereby increasing the demand for the market. Diabetes is a leading cause of death with 30% of loss of life expectancy from diagnosis of diabetes.
Digital Diabetes Management Market Segmentation:
By Product & Service
1.Devices
2.Application
3.Data Management Software & Platforms
4.Services
By Device Type
1.Handheld Devices
2.Wearable Devices
By End User
1.Self/Home Healthcare
2.Hospitals & Specialty Diabetes Clinics and Others
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Few Points From Table Of Content
1. Executive Summary
2. Digital Diabetes Management Market Characteristics
3. Digital Diabetes Management Market Size And Growth
4. Digital Diabetes Management Market Segmentation
5. Digital Diabetes Management Market Regional And Country Analysis
...
25. Digital Diabetes Management Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Digital Diabetes Management Market
27. Digital Diabetes Management Market Trends And Strategies
28. Digital Diabetes Management Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the digital diabetes management market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the digital diabetes management market are Bayer AG, Medtronic, Roche Diagnostics, Dexcom, Inc., Abbott Laboratories, Ascensia Diabetes Care, Insulet Corporation
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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