Latin America Diabetes Devices Market Size, Share, Price, Trends, Growth, Key Players, Report, Forecast 2022-2027

El nuevo estudio de Informes de Expertos titulado 'Mercado Latinoamericano de Dispositivos para la Diabetes, Informe y Pronostico 2022-2027′, ofrece un analisis en profundidad del mercado, evaluando los factores clave y las ultimas tendencias que lo configuran. En funcion del producto, uso final, canal de distribucion, aplicacion y las regiones clave, el informe estudia su impacto en el mercado global. Tambien evalua la dinamica del mercado, abarcando los indicadores clave de demanda y precios, junto con el analisis del mercado basado en los modelos DAFO y de las cinco fuerzas de Porter.

The new report by Informes de Expertos titled, 'Latin America Diabetes Devices Market 2022-2027', gives an in-depth analysis of the market, evaluating key factors and latest trends shaping the market. On the basis of product, end-use, distribution channel, applications and key regions, the report studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.

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Los aspectos mas destacados del informe son los siguientes:

Vision General del Mercado (2017-2027)

• CAGR del Periodo de Pronostico (2022-2027): 6.15%

El mercado latinoamericano de dispositivos para la diabetes alcanzo el valor de USD 1.82 mil millones en 2021. La demanda de kits de autoayuda y dispositivos para medir los niveles de glucosa en sangre, junto con el aumento de las instalaciones de fabricacion en America Latina, estan aumentando los ingresos de los dispositivos para la diabetes. El gobierno tambien apoyando a la industria mediante grandes inversiones y el lanzamiento de nuevos programas de distribucion gratuita a los consumidores. Ademas, para frenar el aumento del numero de pacientes con diabetes, el gobierno intentando introducir nuevas leyes para distribuir estos dispositivos entre la poblacion.

Ademas, en los ultimos años se han producido continuas innovaciones, como los sistemas hibridos de circuito cerrado que pueden ajustar el suministro de insulina en funcion de la medicion. La invencion de las primeras bombas de insulina y los inyectores de chorro es solo un ejemplo de los numerosos avances tecnologicos que impulsan el mercado de dispositivos para la diabetes. Estas herramientas proporcionan un mejor control y administracion de la diabetes, y tienen un gran potencial tanto a nivel local como internacional.

Con la ayuda de metodologias de vanguardia como la inteligencia artificial (IA) y el aprendizaje automatico (ML), se han introducido en America Latina diversos aparatos inteligentes para diabeticos que miden y controlan eficazmente el nivel de azucar en la sangre como resultado de los avances tecnologicos. La incorporacion de la electronica de consumo y los sistemas de datos basados en la nube, como los primeros smartwatches conectados con sensores de monitorizacion de la glucosa, se ha visto favorecida por la adopcion de nuevas tecnologias de software como la inteligencia artificial.

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Industry Definition and Major Segments

Diabetic patients' glucose levels are measured, tracked, and monitored with diabetes gadgets. Numerous self-monitoring products, including glucometers, test strips, and lancets, are widely available in the market, helping consumers reduce the frequency of hospital visits. Additionally, to help the increasing number of diabetic patients around the world, these devices are employed in hospitals, diagnostic facilities, specialist clinics, etc.

Depending on the product, the market is classified into:

• Self-Monitoring Devices
• Continuous Glucose Monitoring Devices
• Insulin Monitoring Devices

Based on end use, the market is segmented into:

• Home healthcare
• Hospitals
• Specialised diabetes clinics
• Diagnostic centres

On the basis of application, the industry is bifurcated into:

• Type 1 Diabetes
• Type 2 Diabetes

The distribution channels in the market are:

• Hospital and Clinical Pharmacy
• Retail Pharmacy
• Online Pharmacy
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The COVID-19 pandemic had a favourable effect on the development of the blood glucose monitoring system industry, due to a significant emergence of market players. Furthermore, it reported an increase in the revenue from diabetes care. In order to control blood glucose levels at home, a new emphasis is being placed on home usage monitoring equipment due to the rising risk of COVID-19 infection among diabetes patients.

The availability of the real-time monitoring function with the aid of cutting-edge technology for patients who are insulin dependent has been made possible by the market players' development of CGM systems. In addition, CGM systems have several benefits over self-monitoring blood glucose (SMBG) systems, including, being less intrusive, providing real-time monitoring, uncomfortable while providing quick and accurate readings. As a result, the unique advantages that these devices give play a significant role in changing patients' and healthcare professionals' preferences in favour of CGM.

Key Market Players

The major players in the market are:

• Medtronic Plc
• Johnson & Johnson
• Abbott Laboratories
• Becton
• Dickinson and Company
• Siemens Healthineers AG
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

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*We at Informes de Expertos always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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