Digital Diabetes Management Market Trend, Overview, Product, Device Type, End User, Region and Forecast to 2027

This Digital Diabetes Management Market report delivers in-depth product types, Major Applications/End users, Key Geographical First Level Segmentation, etc. Important demographic, environmental, psycho-graphic, and behavioral data about business segments in the Digital Diabetes Management Market is aimed to help in governing the organization of the features that should incorporate to fit into the business's requirements. For customer-based market - the study is also classified with Market manufacturer data in order to better understand who the clients are, their buying behavior, and purchasing trends. Understanding advertising helpfulness on a frequent basis helps to determine the potential of promoting and advertising communications and acknowledge to use of best practices to utilize the available audience. In order to make dealers make effective strategies and classify why the target market is not giving attention this report certify the Study is Segmented with suitable marketing & sales channels to pool out market sizing by value and Volume.

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The prominent players operating in the global digital diabetes management market are Medtronic (Ireland), B. Braun Melsungen AG (Germany), Dexcom, Inc. (US), Abbott Laboratories (US), F. Hoffmann-La Roche (Switzerland), Insulet Corporation (US), Tandem Diabetes Care (US), Ascensia Diabetes Care Holdings AG (Switzerland), LifeScan, Inc. (US), Tidepool (US), AgaMatrix (US), Glooko, Inc. (US), DarioHealth Corporation (Israel), One Drop (US), Dottli (Finland), Ypsomed Holding AG (Switzerland), ARKRAY (Japan), ACON Laboratories, Inc. (US), Care Innovations, LLC (US), Health2Sync (Taiwan), Emperra GmbH E-Health Technologies (Germany), Azumio (US), Decide Clinical Software GmbH (Austria), Pendiq GmbH (Germany), and BeatO (India).

The global digital diabetes management market is projected to reach USD 25.5 Billion by 2027 from an estimated USD 14.3 Billion in 2022, at a CAGR of 12.2% during the forecast period.

The rising prevalence of diabetes has increased the focus on the development and adoption of better solutions for diabetes care. Also, advancements in technologies have ensured the introduction of highly flexible solutions in the market. The increasing adoption of cloud-based enterprise solutions and the growing use of connected devices and apps are some of the other major factors supporting market growth. However, factors such as the high device costs, lack of reimbursement in developing countries, and the higher acceptance of traditional diabetes management devices are expected to restrain the growth of this market during the forecast period.

"Smart glucose meters segment accounted for the largest share in the Digital Diabetes Management market."

The devices segment is categorized into smart glucose meters, CGM systems, smart insulin pens, and smart insulin pumps/closed-loop systems & smart insulin patches. In 2021, the smart glucose meters segment accounted for a share of 25.2% of the digital diabetes management devices market. The growth of this segment is mainly attributed to the easy handling of smart glucose meters, as well as their benefits in the early detection of hypo and hyperglycemic diabetes. Technological innovations, such as all-in-one glucometers with analysis capabilities, Bluetooth-enabled glucometers, and portable pocket-size glucometers are some of the other factors driving the growth of this market segment.

"Wearable devices segment to grow at the highest CAGR during the forecast period."

Various devices considered in the digital diabetes management devices market are categorized into handheld devices and wearable devices. Wearable devices accounted for the largest share of 60.3% of the digital diabetes management devices market in 2021. This segment is estimated to grow at the highest CAGR of 13.2% during the forecast period. The increasing number of regulatory approvals for wearables, technological advancements, and the growing adoption of smart insulin pumps and insulin patches are driving the growth of the wearables market.

"The Self/home healthcare segment accounted for the largest share of Digital Diabetes Management market in 2021"

The self/home healthcare segment accounted for the largest share of the digital diabetes management market in 2021. This is mainly attributed to the growing patient acceptability of home care due to the increasing awareness of digital diabetes management platforms. Self-administration is especially useful for patients who require regular insulin therapy. For patients requiring long-term therapy, inpatient care is not only extremely expensive but also prevents them from resuming a normal lifestyle.

"North America accounted for the largest share of the Digital Diabetes Management market in 2021"

In 2021, North America accounted for the largest market share of 41.4%, followed by Europe with a share of 29.0%. North America dominates the digital diabetes management market, mainly due to the growing adoption of connected diabetes management devices, increasing adoption of diabetes management and obesity apps, growing demand for technologically advanced solutions, increased acceptance of digital diabetes solutions from payers, government initiatives to promote digital health, and rising awareness on self-diabetes management in the region.

A breakdown of the primary participants (supply-side) for the Digital Diabetes Management market referred to for this report is provided below:

By Company Type: Tier 1-46%, Tier 2-33%, and Tier 3-21%
By Designation: C-level-43%, Director Level-35%, and Others-22%
By Region: North America-34%, Europe-26%, Asia Pacific-19%, Latin America- 11%, and Middle East and Africa- 10%

Research Coverage:

The market study covers the digital diabetes management market across various segments. It aims at estimating the market size and the growth potential of this market across different segments byproduct & service, by device type, end user, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in this market and provide information regarding the closest approximations of the digital diabetes management market and its segments. This report will help stakeholders understand the competitive landscape, gain insights to position their businesses better, and plan suitable go-to-market strategies. The report will also help stakeholders in understanding the pulse of the market and gaining information on key market drivers, restraints, opportunities, and challenges.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
Table 1 Standard Currency Conversion Rates
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
Figure 2 Primary Sources
2.1.2.1 Key Data From Primary Sources
Figure 3 Breakdown Of Primary Interviews (Supply Side): By Company Type, Designation, And Region
Figure 4 Breakdown Of Primary Interviews (Demand Side): By End User And Region
2.2 Market Size Estimation
Figure 5 Market Size Estimation: Revenue Share Analysis (2021)
Figure 6 Market Size Estimation: Company-Wise Revenue Share Analysis (2021)
Figure 7 Supply-Side Analysis: Digital Diabetes Management Market (2021)
Figure 8 Drivers, Restraints, Opportunities, And Challenges In The Digital Diabetes Management Market
Figure 9 Cagr Projections: Supply-Side Analysis Of The Digital Diabetes Management Market
Figure 10 Top-Down Approach: Global Digital Diabetes Management Market
2.3 Market Breakdown And Data Triangulation
Figure 11 Data Triangulation Methodology
2.4 Market Share Estimation
2.5 Assumptions For The Study

3 Executive Summary
Figure 12 Digital Diabetes Management Market, By Product & Service, 2022 Vs. 2027 (Usd Million)
Figure 13 Digital Diabetes Management Devices Market, By Product Type, 2022 Vs. 2027 (Usd Million)
Figure 14 Digital Diabetes Management Apps Market, By Type, 2022 Vs. 2027 (Usd Million)
Figure 15 Digital Diabetes Management Devices Market, By Type, 2022 Vs. 2027 (Usd Million)
Figure 16 Digital Diabetes Management Market, By End User, 2022 Vs. 2027 (Usd Million)
Figure 17 Digital Diabetes Management Market: Geographical Snapshot

4 Premium Insights
4.1 Digital Diabetes Management Market Overview
Figure 18 Increasing Prevalence Of Diabetes And Growing Demand For Digital Solutions Are Driving Market Growth
4.2 Asia Pacific: Digital Diabetes Management Market, By Product & Service And Country (2021)
Figure 19 Devices Segment To Account For The Largest Share In The Asia Pacific Market
4.3 Digital Diabetes Management Market: Geographical Growth Opportunities
Figure 20 The Us Market Is Expected To Grow At The Highest Cagr During The Forecast Period
4.4 Regional Mix: Digital Diabetes Management Market
Figure 21 North American Market To Grow At The Highest Cagr During The Forecast Period
4.5 Digital Diabetes Management Market: Developing Vs. Developed Markets, 2022 Vs. 2027 (Usd Million)
Figure 22 Developed Markets To Register Higher Growth During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 23 Digital Diabetes Management Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Prevalence Of Diabetes
Table 2 Top Five Countries With The Highest Number Of Diabetics (20-79 Years), 2021 Vs. 2045
5.2.1.2 Technological Advancements
5.2.1.3 Growing Adoption Of Cloud-Based Enterprise Solutions For Diabetes Management
5.2.1.4 Use Of Artificial Intelligence In Diabetes Care Devices
5.2.2 Restraints
5.2.2.1 High Cost Of Devices And Lack Of Reimbursement In Developing Countries
5.2.2.2 Higher Acceptance Of Traditional Diabetes Management Devices
5.2.3 Opportunities
5.2.3.1 Increasing Diabetes-Related Health Expenditure
5.2.4 Challenges
5.2.4.1 Low Penetration In Developing Economies
5.2.4.2 Lack Of Data Security
5.3 Porter's Five Forces Analysis
Table 3 Digital Diabetes Management Market: Porter's Five Forces Analysis
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Suppliers
5.3.4 Bargaining Power Of Buyers
5.3.5 Intensity Of Competitive Rivalry
5.4 Patent Analysis
5.4.1 Patent Publication Trends For Digital Diabetes Management
5.4.2 Top Applicants (Companies) For Digital Diabetes Management Patents
Figure 24 Top Applicant Companies For Digital Diabetes Management Patents, 2016-2021
5.4.3 Jurisdiction Analysis: Top Applicants (Countries) For Digital Diabetes Management Patents
Figure 25 Jurisdiction Analysis: Top Applicant Countries For Digital Diabetes Management Patents, 2016-2021
5.5 Technology Analysis
5.6 Average Selling Price Trends
Table 4 Average Selling Price Of Smartphone-Connected Insulin Pumps, By Region, 2021
Table 5 Average Selling Price Of Sensor-Based Continuous Glucose Monitors, By Region, 2021
5.7 Value Chain Analysis
Figure 26 Digital Diabetes Management Market: Value Chain Analysis (2021)
5.8 Ecosystem Map
Figure 27 Digital Diabetes Management Market: Ecosystem Map (2021)
5.9 Key Conferences & Events In 2022-2023
Table 6 Digital Diabetes Management Market: Detailed List Of Conferences & Events
5.10 Industry Trends
5.10.1 Growing Demand For Hybrid Closed-Loop Systems/Artificial Pancreas Device Systems
Table 7 Hybrid Closed-Loop Systems: Current Market Scenario
5.10.2 Growing Number Of Collaborations Between Stakeholders
Table 8 Recent Collaborations In The Digital Diabetes Management Market
5.10.3 Increasing Demand For Flash Glucose Monitoring (Fgm) Systems
5.11 Regulatory Analysis
Table 9 Indicative List Of Regulatory Authorities
5.11.1 North America
5.11.1.1 Us
Table 10 Us: Time, Cost, And Complexity Of The Registration Process
Figure 28 Fda 510(K) Approval Process
5.11.1.2 Canada
Table 11 Canada: Time, Cost, And Complexity Of The Registration Process
5.11.2 Europe
Figure 29 Ce Mark Approval Process For Digital Diabetes Management Solutions
5.11.3 Asia Pacific
5.11.3.1 Australia
5.11.3.2 Japan
Table 12 Classification Of Medical Devices And The Reviewing Body In Japan
5.11.3.3 China
Table 13 China: Time, Cost, And Complexity Of The Registration Process
5.11.3.4 India
5.11.4 Latin America
5.12 Reimbursement Scenario
Table 14 Digital Diabetes Management Products: Global Coverage And Reimbursement
5.13 Key Stakeholders & Buying Criteria
5.13.1 Key Stakeholders In Buying Process
Figure 30 Influence Of Stakeholders In Buying Process For Top 3 Applications
Table 15 Influence Of Stakeholders In The Buying Process For Top 3 Applications (%)
5.13.2 Buying Criteria
Figure 31 Key Buying Criteria For Top 3 Applications
Table 16 Key Buying Criteria For Top 3 Applications
5.14 Assessment Of Covid-19 Impact On The Economic Scenario In The Digital Diabetes Management Market

6 Digital Diabetes Management Market, By Product & Service
6.1 Introduction
Table 17 Digital Diabetes Management Market, By Product & Service, 2020-2027 (Usd Million)
6.2 Devices
Table 18 Digital Diabetes Management Devices Market, By Product Type, 2020-2027 (Usd Million)
Table 19 Digital Diabetes Management Devices Market, By Country, 2020-2027 (Usd Million)
6.2.1 Smart Glucose Meters
6.2.1.1 Reducing Prices And Technological Innovations To Drive Segment Growth
Table 20 Key Smart Glucose Meters Available In The Market
Table 21 Smart Glucose Meters Market, By Country, 2020-2027 (Usd Million)
6.2.2 Continuous Glucose Monitoring Systems
6.2.2.1 Cgm Segment To Grow At The Highest Cagr During The Forecast Period
Table 22 Key Cgm Systems Available In The Market
Table 23 Continuous Glucose Monitoring Systems Market, By Country, 2020-2027 (Usd Million)
6.2.3 Smart Insulin Pens
6.2.3.1 Increasing Demand For Personalized Or Patient-Centric Devices Without Needle-Stick Injuries To Drive Segment Growth
Table 24 Key Smart Insulin Pens Available In The Market
Table 25 Smart Insulin Pens Market, By Country, 2020-2027 (Usd Million)
6.2.4 Smart Insulin Pumps/Closed-Loop Systems & Smart Insulin Patches
6.2.4.1 Benefits Of Smart Insulin Pumps And Closed-Loop Systems To Drive Segment Growth
Table 26 Key Smart Insulin Pumps/Closed-Loop Systems & Smart Insulin Patches Available In The Market
Table 27 Smart Insulin Pumps/Closed-Loop Systems & Smart Insulin Patches Market, By Country, 2020-2027 (Usd Million)
6.3 Digital Diabetes Management Apps
Table 28 Digital Diabetes Management Apps Market, By Type, 2020-2027 (Usd Million)
Table 29 Digital Diabetes Management Apps Market, By Country, 2020-2027 (Usd Million)
6.3.1 Diabetes & Blood Glucose Tracking Apps
6.3.1.1 Growing Adoption Of Connected Devices To Drive Segment Growth
Table 30 Key Diabetes & Blood Glucose Tracking Apps Available In The Market
Table 31 Diabetes & Blood Glucose Tracking Apps Market, By Country, 2020-2027 (Usd Million)
6.3.2 Weight & Diet Management Apps
6.3.2.1 Growing Obese Population And The Increasing Need To Prevent Diabetes To Drive Segment Growth
Table 32 Key Weight & Diet Management Apps Available In The Market
Table 33 Weight & Diet Management Apps Market, By Country, 2020-2027 (Usd Million)
6.4 Data Management Software & Platforms
6.4.1 Growing Demand For Diabetes Data Management To Drive Segment Growth
Table 34 Key Data Management Software & Platforms Available In The Market
Table 35 Data Management Software & Platforms Market, By Country, 2020-2027 (Usd Million)
6.5 Services
6.5.1 Increasing Adoption Of Remote Online Coaching Services Among Diabetes Patients To Drive Segment Growth
Table 36 Key Services Available In The Market
Table 37 Digital Diabetes Management Services Market, By Country, 2020-2027 (Usd Million)

7 Digital Diabetes Management Devices Market, By Type
7.1 Introduction
Table 38 Digital Diabetes Management Devices Market, By Type, 2020-2027 (Usd Million)
7.2 Wearable Devices
7.2.1 Wearable Devices Dominate The Digital Diabetes Management Devices Market
Table 39 Wearable Digital Diabetes Management Devices Market, By Country, 2020-2027 (Usd Million)
7.3 Handheld Devices
7.3.1 Increasing Demand For Remote Monitoring To Boost Segment Growth
Table 40 Handheld Digital Diabetes Management Devices Market, By Country, 2020-2027 (Usd Million)

8 Digital Diabetes Management Market, By End User
8.1 Introduction
Table 41 Digital Diabetes Management Market, By End User, 2020-2027 (Usd Million)
8.2 Self/Home Healthcare
8.2.1 High Cost Of Inpatient Care Has Fueled The Preference For Self/Home Care
Table 42 Digital Diabetes Management Market For Self/Home Healthcare, By Country, 2020-2027 (Usd Million)
8.3 Hospitals & Specialty Diabetes Clinics
8.3.1 Rising Demand For Poc Testing In Hospitals To Boost Segment Growth
Table 43 Digital Diabetes Management Market For Hospitals & Specialty Diabetes Clinics, By Country, 2020-2027 (Usd Million)
8.4 Academic & Research Institutes
8.4.1 Product Innovation For Diabetes Management To Drive Segment Growth
Table 44 Digital Diabetes Management Market For Academic & Research Institutes, By Country, 2020-2027 (Usd Million)

9 Digital Diabetes Management Market, By Region

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