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U.S. Diabetes Devices Market Surges to $ 44.36 Billion by 2032 With a CAGR of 6.5% 2024-2032

06-24-2024 12:24 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

U.S. Diabetes Devices Market

U.S. Diabetes Devices Market

The contemporary generation of linked insulin conveyance devices may assist in untangling the routine. An intelligent insulin pen is a durable injector pen with an instinctive smartphone app that can assist people with diabetes in better handling insulin conveyance. This intelligent mechanism enumerates and traces doses and offers obliging reminders, alerts, and reports. It can arrive as an adjunct to the prevailing insulin pen or a sustainable configuration that utilizes pre-set cartridges rather than vials or disposable pens.

๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ฌ

โ€ข The U.S. diabetes devices market was valued at USD 25.23 billion in 2023.
โ€ข The industry is expected to grow at a CAGR of 6.5% during the forecast period.
โ€ข By 2032, the market is expected to reach USD 44.36 billion.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-diabetes-devices-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

Escalating diabetes and pre-diabetes are situations in which blood glucose levels are listed above the maximum scope. Escalated glucose levels create several health afflictions and injure principal body parts such as the heart, nerve-connected illnesses, eye complexities, and kidneys amidst geriatric populations.
The growing fiscal weight of diabetes demanded that it be handled at a personal level. In 2022, it was evaluated that the aggregate price of diabetes in the U.S. remained at USD 412.9 billion, which involves USD 306.6 billion in direct and incidental medical prices to manage blood glucose.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐‚๐š๐ญ๐ž๐ ๐จ๐ซ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง

Firms in this sector are excessively aggressive and are looking for massive funding to escalate their technological capacities to handle diabetes effectively. Key companies in the U.S. diabetes devices market are mentioned below:
โ€ข Abbott Diabetes Care
โ€ข B Braun Melsungen AG
โ€ข BD
โ€ข Biocorp
โ€ข Johnson & Johnson
โ€ข LifeScan Inc.
โ€ข Medtronic PLC
โ€ข Molex
โ€ข Roche Diabetes Care
โ€ข Senseonics, Inc.
โ€ข Tandem Diabetes Care, Inc.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3928/2

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

โ€ข Based on type, the continuous glucose monitoring devices segment held the largest U.S. diabetes devices market share due to a high number of people succumbing to disorders such as obesity and defective lifestyles.

โ€ข Based on end use, the hospital segment dominated the market. This is because of growing cases of diabetes and acquiring progressive diabetes techniques and devices to enhance patient care.

๐ƒ๐ข๐š๐›๐ž๐ญ๐ž๐ฌ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข In 2023, the Continuous Glucose Monitoring Devices segment held the largest market share, attributed to the rising incidence of diabetes due to faulty lifestyles.
โ€ข The hospitals segment held the largest market share in 2023, owing to the rapid growth of the obese population.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ : https://www.polarismarketresearch.com/industry-analysis/us-diabetes-devices-market

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐˜ผ๐™ฃ๐™ž๐™ข๐™–๐™ก ๐™๐™ก๐™ฉ๐™ง๐™–๐™จ๐™ค๐™ช๐™ฃ๐™™ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ : https://www.polarismarketresearch.com/industry-analysis/animal-ultrasound-market
๐™Š๐™จ๐™ข๐™ค๐™ข๐™š๐™ฉ๐™š๐™ง๐™จ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ : https://www.polarismarketresearch.com/industry-analysis/osmometers-market
๐˜ฟ๐™š๐™ฃ๐™ฉ๐™–๐™ก ๐˜พ๐™ค๐™ฃ๐™จ๐™ช๐™ข๐™–๐™—๐™ก๐™š๐™จ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ : https://www.polarismarketresearch.com/industry-analysis/dental-consumables-market
๐™ˆ๐™ค๐™ช๐™ฉ๐™ ๐™๐™ก๐™˜๐™š๐™ง ๐™๐™ง๐™š๐™–๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ : https://www.polarismarketresearch.com/industry-analysis/mouth-ulcer-treatment-market
๐™ˆ๐™š๐™™๐™ž๐™˜๐™–๐™ก ๐™Ž๐™ช๐™˜๐™ฉ๐™ž๐™ค๐™ฃ ๐˜ฟ๐™š๐™ซ๐™ž๐™˜๐™š๐™จ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ : https://www.polarismarketresearch.com/industry-analysis/medical-suction-devices-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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