Press release
Diabetes Care Devices Market Size worth USD 38.3 billion by 2030 | CAGR of 6.6% | ACON Laboratories, Inc., Ascension Diabetes Care Holdings AG, Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd.
Diabetes Care Devices Market
Glucose Monitoring Devices, Insulin Delivery Devices): Global Opportunity
Analysis and Industry Forecast, 2020-2030." According to the report, the
global Diabetes Care Devices Market Size was estimated at USD 20.0 billion in 2020,
and is expected to Garner USD 38.3 billion by 2030, registering a CAGR of 6.6% from
2021 to 2030.
Top Diabetes Care Devices Companies:-
ACON Laboratories, Inc.
Ascension Diabetes Care Holdings AG
Becton, Dickinson and Company
F. Hoffmann-La Roche Ltd.
Abbott Laboratories
Medline Industries
Novo Nordisk A/S
Terumo Corporation
Johnson & Johnson
Nipro corporation
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Diabetes Care Devices Market Segmentation:-
By product, the insulin delivery devices segment contributed to the lion's
share in 2020, holding nearly three-fifths of the global diabetes care devices
market. This is attributed to surge in the prevalence of diabetes across the
globe. However, the blood glucose monitoring devices segment is projected to
manifest the fastest CAGR of 7.2% from 2021 to 2030, owing to increase in
adoption of diabetes care devices among the geriatric population.
By region, North America dominated in 2020, garnering around two-fifths of the
global diabetes care devices market. Increase in the aging population and
upsurge in product launches across North America fuels the market growth. The
Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR
of 7.6% throughout the forecast period, due to rise in healthcare expenditure
and increase in adoption of novel diabetes care devices in the province.
Drivers, restraints, and opportunities-
Increase in the incidence of diabetes and rise in sedentary lifestyle across
the globe drive the global diabetes care devices market. On the other hand,
adverse effects associated with some of the diabetes care devices restrain the
growth to some extent. However, surge in awareness about diabetes monitoring
devices is anticipated to create lucrative opportunities in the industry.
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By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in the coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
How big is the global & regional market in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
Which region has more opportunities?
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