Germany Digital Diabetes Market Expected to Grow Faster According to New Research Report 2023-2028

Report Overview

Germanys Digital Diabetes market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Due to an ageing population and unhealthy lifestyle, the prevalence of type 2 diabetes is expected to increase steadily over the next few years. High-quality care, including adequate monitoring, control of risk factors and active self-management are the key factors for preventing costly and burdensome micro and macrovascular complications in German patients with type 2 diabetes. With the rising incidences of diabetic problems, various digital care solutions have been introduced in the country to help people with diabetes.

Robert Koch Institute (RKI), The German federal disease control and prevention research institute has been developing a public health surveillance system. It focuses on long-term data, collection of comparable and ensuring the establishment of efficient surveillance structures for monitoring relevant indicators of diabetes.

Market Drivers

Increasing geriatric population and rising number of diabetic patients is expected to boost the market growth. Increasing awareness about diabetes preventive care coupled with rising usage of wearable diabetes devices are driving the market expansion. Diabetes patients are now preferring smart diabetes devices that can assist with real-time blood glucose reading and help in taking timely decisions. These devices are user-friendly and allow patients to perform their daily activities. Moreover, launch of several diabetes awareness campaigns by governments is also augmenting the market value. Rising number of product launches is thriving the digital diabetes management market revenue. The industry leaders in digital diabetes space are continuously innovating their products and are launching advanced products in the market. The digital diabetes devices are becoming more integral part of people with diabetes for better disease management. The companies in the industry are developing new systems to appeal broad spectrum of potential users.

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Major Players

Key players operating in the Germany Digital Diabetes market are Abbott, PHC Holdings Corporation, Sanofi, Dexcom, Inc, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd, Insulet Corporation, Tandem Diabetes Care, Lifescan, Inc, Agamatrix, Inc, Glooko, Inc, GlucoMe, Becton Dickinson and Company, Dexcom, Voluntis, Smart Meter LLC among others.

The Germany Digital Diabetes Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Germany Digital Diabetes market. This report explores all the key factors affecting the growth of the global Germany Digital Diabetes market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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By Products & Services:

Based on product & services, the market is segmented into

Devices
Digital diabetes management apps
Data management software and platforms
Digital services

In 2019 devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026.In February 2019, LifeScan Inc announced result of OneTouch Select Plus, a blood glucose monitoring system which showed that long term clinical accuracy of the OneTouch Select Plus blood glucose test strip platform and highlights the products consistently accurate performance.

By Type:

Based on type, the market is segmented into wearable devices & handheld devices.

In 2019 wearable devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026. In 2018, In October, AgaMatrix Inc and Arcadia Group announced strategic partnership for blood glucose monitoring (BGM) technology. By this partnership, company strengthens the brand portfolio.

By End-user:

Based on end user, the market is segmented into
Home care settings
Diabetes clinics
Academic & research institutes
Others

In 2019, home care settings segment is growing at the highest CAGR in the forecast period of 2019 to 2026.

Major Players

Key players operating in the Germany Digital Diabetes market are Abbott, PHC Holdings Corporation, Sanofi, Dexcom, Inc, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd, Insulet Corporation, Tandem Diabetes Care, Lifescan, Inc, Agamatrix, Inc, Glooko, Inc, GlucoMe, Becton Dickinson and Company, Dexcom, Voluntis, Smart Meter LLC among others.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Germany Digital Diabetes Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Germany Digital Diabetes Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Germany Digital Diabetes market
Chapter 2: Exclusive Summary - the basic information of the Germany Digital Diabetes Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Germany Digital Diabetes
Chapter 4: Presenting the Germany Digital Diabetes Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Germany Digital Diabetes market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the Germany Digital Diabetes Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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