Australia Diabetes Care Devices Market 2021 Analysis by Top Manufacturers – Novo Nordisk A/S, Sanofi Aventis, Eli Lilly, F. Hoffmann-La Roche Ltd

Australia Diabetes Care Devices Market Report 2021 – 2025 is a believable source for gaining the market research that will exponentially accelerate your business. SWOT and Porter’s five analysis are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users. The Report initially provides an overview of the industry that covers definition, applications and technology, post which the report explores into the international players in the market. The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The report also entails the Covid-19 and post-Covid dynamics in the global Australia Diabetes Care Devices market.

The Australia diabetes care devices market is expected to reach more than USD 0.7 billion by 2025, at a CAGR greater than 9%. 

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The Top Major Competitive Players are : Novo Nordisk A/S, Sanofi Aventis, Eli Lilly, F. Hoffmann-La Roche Ltd, Abbott Diabetes Care, Johnson and Johnson (Lifescan), Arkray, Ascensia Diabetes Care, AgaMatrix Inc., Dexcom, Medtronic, Ypsomed Holding AG

Industry News:

in Feb 2020, Abbott and Insulet partnered to integrate Abbott's glucose-sensing technology with Insulet's tubeless system, the Omnipod Horizon Automated Insulin Delivery (AID) System (Omnipod Horizon System), to offer personalized automated insulin delivery and care for people living with diabetes.

Key Market Trends

Increasing Diabetes Population at high rate

The prevalence of diabetes in Australia has more than tripled between 1989-2019. In 2019, Australia had about 1.36 million diabetic patients. In 2019, Type-1 diabetes patients accounted for 8.97% of the total diabetic population in Australia. Due to the early age and longer diabetes duration, the youth is at risk of developing diabetes at a younger age, which lessens their quality of life, shortens life expectancy, and increases healthcare costs of the society. Hence, the demand for oral anti-diabetes drugs market has been on the rise, and its adoption rate is seen increasing, which has been driving the market. Also, with the increasing awareness among Type-2 diabetes patients worldwide, the demand for the Diabetes Devices market has been rising at a rapid pace.

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