Press release
U.S. Diabetes Devices Market Surges to $ 44.36 Billion by 2032 With a CAGR of 6.5% 2024-2032
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.๐๐๐ฒ ๐๐ญ๐๐ญ๐ฌ
โข The U.S. diabetes devices market was valued at USD 25.23 billion in 2023.
โข The industry is expected to grow at a CAGR of 6.5% during the forecast period.
โข By 2032, the market is expected to reach USD 44.36 billion.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-diabetes-devices-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
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.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ ๐จ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
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:
โข Abbott Diabetes Care
โข B Braun Melsungen AG
โข BD
โข Biocorp
โข Johnson & Johnson
โข LifeScan Inc.
โข Medtronic PLC
โข Molex
โข Roche Diabetes Care
โข Senseonics, Inc.
โข Tandem Diabetes Care, Inc.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3928/2
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
โข 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.
โข 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.
๐๐ข๐๐๐๐ญ๐๐ฌ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข In 2023, the Continuous Glucose Monitoring Devices segment held the largest market share, attributed to the rising incidence of diabetes due to faulty lifestyles.
โข The hospitals segment held the largest market share in 2023, owing to the rapid growth of the obese population.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ : https://www.polarismarketresearch.com/industry-analysis/us-diabetes-devices-market
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐ผ๐ฃ๐๐ข๐๐ก ๐๐ก๐ฉ๐ง๐๐จ๐ค๐ช๐ฃ๐ ๐๐๐ง๐ ๐๐ฉ : https://www.polarismarketresearch.com/industry-analysis/animal-ultrasound-market
๐๐จ๐ข๐ค๐ข๐๐ฉ๐๐ง๐จ ๐๐๐ง๐ ๐๐ฉ : https://www.polarismarketresearch.com/industry-analysis/osmometers-market
๐ฟ๐๐ฃ๐ฉ๐๐ก ๐พ๐ค๐ฃ๐จ๐ช๐ข๐๐๐ก๐๐จ ๐๐๐ง๐ ๐๐ฉ : https://www.polarismarketresearch.com/industry-analysis/dental-consumables-market
๐๐ค๐ช๐ฉ๐ ๐๐ก๐๐๐ง ๐๐ง๐๐๐ฉ๐ข๐๐ฃ๐ฉ ๐๐๐ง๐ ๐๐ฉ : https://www.polarismarketresearch.com/industry-analysis/mouth-ulcer-treatment-market
๐๐๐๐๐๐๐ก ๐๐ช๐๐ฉ๐๐ค๐ฃ ๐ฟ๐๐ซ๐๐๐๐จ ๐๐๐ง๐ ๐๐ฉ : https://www.polarismarketresearch.com/industry-analysis/medical-suction-devices-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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