Press release
Smart Diabetes Management Market to Exceed US$ 13.6 Bn by End of 2027| Transparency Market Research, Inc.
Smart Diabetes Management
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=69717&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
TMR analysts are optimistic about the future growth of the smart diabetes management market, expecting significant expansion during the forecast period. Technology-driven innovation will provide a competitive edge, with players focusing on enhancing their technological capabilities. While device costs remain a challenge, they also present an opportunity for new entrants. Digitalization of the diabetes management industry offers numerous opportunities, particularly for companies developing user-friendly and device-agnostic apps. Government support and the development of multifunctional diabetes care devices will further drive market growth.
๐ ๐๐ฏ๐จ๐ซ๐๐๐ฅ๐ ๐๐๐ข๐ฆ๐๐ฎ๐ซ๐ฌ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ซ ๐๐ฆ๐๐ซ๐ญ ๐๐ข๐๐๐๐ญ๐๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ: ๐ ๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ
Smart diabetes management devices encompass insulin delivery devices, blood glucose monitoring devices, and accompanying apps and software for data integration.
Reimbursements for digital diabetes management products are provided by U.S. Medicare, Medicaid, and other regional payer agencies for both type 1 and type 2 diabetes treatment.
Abbott gained approval for its FreeStyle Libre system by the NHS in September 2017, allowing reimbursement coverage across Wales and England.
DarioHealth Corp partnered with Byram Healthcare in July 2017, expanding insurance coverage for digital diabetes management products for U.S. consumers.
Additionally, private insurance policies offer reimbursements for smart diabetes management products.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
F. Hoffmann-La Roche Ltd,Medtronic,Dexcom, Inc.,Insulet Corporation,Abbott,Jiangsu Delfu medical device Co., Ltd,DIAMESCO CO., Ltd.,LifeScan, Inc.,Glooko, Inc.,GlucoMe.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Product
Devices
Smart Glucose Meters
Continuous Glucose Monitoring Systems
Smart Insulin Pens
Smart Insulin Pumps
Closed Loop Systems
Apps and Software
Application
Type 1 Diabetes
Type 2 Diabetes
End User
Self/Home Healthcare
Hospital/Specialty/Diabetes Clinics
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In February 2019, Dexcom, Inc. received approval from Health Canada for the Dexcom G6 CGM system for the treatment of diabetes in patients of ages 2 years and above. This product approval enabled the company to build capacity in order to support global launch plans and enhance its product portfolio for diabetes management.
In March 2019, DarioHealth entered into marketing agreement with Glytec for diabetes management. This agreement enabled the company to strengthen its customer reach.
In December 2017, Companion Medical launched the InPen in the U.S. This product launch enabled the company to strengthen its diabetes management portfolio in the U.S.
๐๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=69717<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ฐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ
Key market players are focusing on developing technologically advanced products for smart diabetes management.
The increasing demand for smart diabetes management products, driven by the adoption of technological advancements, is expected to fuel market growth.
F. Hoffmann-La Roche Ltd. offers the insulin patch pump, a semi-disposable patch with reusable components, as a technological advancement in insulin delivery.
Beta Bionics' iLet is an automated insulin delivery system combining Senseonic's Eversense CGM and iLet bionic pancreas technology.
inGageIT Digital Health offers iSenz, designed for insulin-dependent diabetes patients, featuring automatic dose tracking and noninvasive injection monitoring.
Senseonics, Inc. provides the Eversense CGM System, featuring an implantable sensor, a convenient app, and a rechargeable and removable transmitter for up to 3 months of diabetes monitoring and management.
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market size and growth projections
Regional analysis and market dynamics
Competitive landscape and key market players
Emerging trends and future outlook
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐๐๐ฅ๐๐ซ๐จ๐ฆ๐๐ญ๐๐ซ ๐๐ง๐ ๐๐ฒ๐ซ๐จ๐ฌ๐๐จ๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/07/2621960/0/en/Accelerometer-and-Gyroscope-Market-Expansion-Predicted-to-Reach-7-6-Billion-by-2031-as-per-TMR-Report.html
๐๐ ๐ข๐ง ๐๐ง๐๐จ๐ฌ๐๐จ๐ฉ๐ฒ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/07/2621889/0/en/AI-in-Endoscopy-Market-Value-to-Surpass-US-421-8-Mn-by-2031-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website:ย https://www.transparencymarketresearch.comย ย ย ย ย ย
Email:ย sales@transparencymarketresearch.com
Follow Us:ย LinkedIn|ย Twitter|ย Blogย |ย YouTube
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Diabetes Management Market to Exceed US$ 13.6 Bn by End of 2027| Transparency Market Research, Inc. here
News-ID: 3427029 • Views: โฆ
More Releases from Transparency Market Research
Microcar Market to Reach US$ 20.0 Bn by 2034 on Rising Urban Mobility Demand
The Microcar Market represents a niche but rapidly evolving segment of the automotive industry, focused on compact, lightweight vehicles designed primarily for short-distance urban mobility. Microcars typically feature small engines or electric powertrains, limited seating capacity, and compact dimensions, making them well-suited for congested cities and areas with space constraints. Growing urbanization, traffic congestion, and demand for affordable mobility solutions are key factors driving interest in microcars worldwide.
The global Microcarโฆ
Microcarriers Market Set to Cross US$ 2.5 Mn by 2034 on Rising Cell Therapy Dema โฆ
The global Microcarriers Market plays a critical role in large-scale cell culture processes, particularly in biopharmaceutical manufacturing, regenerative medicine, and vaccine production. Microcarriers are small, solid support matrices that enable the growth of anchorage-dependent cells in bioreactors, allowing high cell density and efficient scalability. Their growing importance is closely linked to advances in cell-based therapies and biologics manufacturing.
The global industry was valued at US$ 1.3 Mn in 2023. It isโฆ
Microinverter Market Outlook 2034: Accelerated Expansion from US$ 7.4 Bn in 2023 โฆ
The global microinverter market is undergoing a transformative phase as the solar energy industry shifts toward more efficient, resilient, and digitally enabled power conversion technologies. Valued at US$ 7.4 Bn in 2023, the market is projected to expand at a remarkable CAGR of 17.2% from 2024 to 2034, reaching US$ 45.3 Bn by the end of 2034. This rapid growth reflects the rising adoption of distributed solar energy systems andโฆ
Microplate Reader Market Outlook 2031: Industry Expansion from US$ 461.3 Mn in 2 โฆ
The global microplate reader market is witnessing steady and sustained growth, driven by the expanding life sciences sector, rising pharmaceutical research activity, and increasing demand for high-throughput analytical instruments. Valued at US$ 461.3 Mn in 2022, the market is projected to grow at a CAGR of 7.0% from 2023 to 2031, reaching more than US$ 843.4 Mn by the end of 2031. This growth trajectory reflects the critical role microplateโฆ
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio โฆ
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in orderโฆ
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, โฆ
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growthโฆ
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma โฆ
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart citiesโ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICTโฆ
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emergingโฆ
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlandsโฆ
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart โฆ
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled โSmart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,โ Transparencyโฆ
