Global Digital Diabetes Management Market is anticipated to grow at a CAGR of 20% by 2026 - Growing number of Digital Platforms and Mobile Apps for Diabetes Management

Diabetes is a chronic medical condition which requires a constant self-management. Digital diabetes management solutions support patients suffering from diabetes who need to adopt lifestyle interventions or medication adjustments in response to glucose-monitoring data. Digital diabetes management solution includes clinical programs, services, and integrated technology to support patient's need across the spectrum of care.

Increasing Awareness On Diabetes Self-Management Solutions Drives the Growth of Digital Diabetes Management Market

Self-management of diabetes includes diabetes education, healthy eating and living, physical activities, medication, device application and monitoring and using patient-generated data to adjust the behavior and medication doses. To increase awareness on patients, all leading players and governments of various countries are running awareness campaigns and courses.

For instance,
 Diabetes Self-Management Training (DSMT) Certification.
 Diabetes Self-Management Education and Support (DSMES) services.
 World Diabetes Day (WDD) is the world's largest diabetes awareness campaign.

Role of mHealth in Diabetes Management Boosts the Demand of Digital Diabetes Management Market

Diabetes is the most chronic clinical condition targeted by mHealth, followed by mental depression and asthma. Mobile health (mHealth) tools and technologies have enhanced diabetes management and prevention and are likely to play a vital role with the rapid growth of smartphone ownership and medical device innovations.

For instance,
 In May 2021, F. Hoffmann-la Roche teamed up with Ellerca Health to launch Accu-Chek + 360Care, integrating Roche's Accu-Chek Guide blood glucose meter, customized home delivery of testing strips and Ellerca's self-management digital program, 360Care

Major Market Challenges: Digital Diabetes Management Market

Reimbursement issues in developing countries, high costs associated with diabetes management devices, growing concerns on data security and preference for traditional diabetes management solutions over the digital diabetes management solutions are some of the primary factors likely to hamper the growth of the global digital diabetes management market.

North America holds the Larger Share in the Digital Diabetes Management Market

Currently, North America holds a larger share in the global digital diabetes management market. North America is anticipated to continue to hold a larger share in the upcoming years due to the growing cases of diabetes and the rising adoption of advanced medical products, in this region.

Competitive Landscape Analysis: Digital Diabetes Management Market

Some of the established players operating in the global digital diabetes management market are Medtronic Plc, Abbott, F.Hoffmann-LA Roche Ltd, Senseonics, and Insulet Corporation, among others.

Growth Strategies Adopted by Key Market Players to Establish Their Foothold in Digital Diabetes Management Market

All leading players operating in the digital diabetes management market are adopting both organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner a larger market share.

For instance,
 In April 2022, Dexcom launch Dexcom ONE Continuous Glucose Monitoring System. The Dexcom ONE system is an easy-to-use real-time CGM (rt-CGM) that more affordable and accessible for people with diabetes in the UK.
 In April 2022, Abbott entered into a partnership with CamDiab and Ypsomed. Under the terms of the partnership, the three companies plan to develop and commercialize an integrated automated insulin delivery (AID) system.

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Ruta Halde
Associate, Medi-Tech Insights
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Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

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