Diabetes Devices Market Insights: Reaching US$ 64.8 Billion by 2033 | F. Hoffmann-La Roche Ltd, Abbott Laboratories, Medtronic plc, Terumo Corporation, B. Braun SE

Latest Research Study on Diabetes Devices Market

The Global Diabetes Devices Market reached US$ 33.4 billion in 2024 and is expected to reach US$ 64.8 billion by 2033, growing at a CAGR of 7.7% during the forecast period 2025-2033.

Diabetes Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Diabetes devices are medical tools used to monitor, manage, and treat diabetes, helping individuals maintain blood sugar levels and prevent complications. These devices are essential for people with Type 1, Type 2, and gestational diabetes to ensure effective glucose control.

List of the Key Players in the Diabetes Devices Market:

F. Hoffmann-La Roche Ltd, Abbott Laboratories, Medtronic plc, Terumo Corporation, B. Braun SE, Insulet Corporation, Nipro Corporation, Johnson & Johnson Services, Inc., Senseonics, Inc., Tandem Diabetes Care, Inc. and among others.

Industry Development:

In September 2024, Senseonics Holdings, Inc. and Ascensia Diabetes Care received U.S. FDA clearance for the next-generation Eversense 365 CGM system, designed for individuals aged 18 and older with Type 1 and Type 2 diabetes. Eversense 365 is the world's first one-year CGM system, marking a major advancement in diabetes technology and management.

The global prevalence of diabetes has surged significantly in recent decades. According to the International Diabetes Federation (IDF), in 2021, approximately 536.6 million adults (ages 20-79)-or 1 in 10 people-were living with diabetes. This number is projected to increase to 642.8 million by 2030 and 783.7 million by 2045. Notably, over 75% of adults with diabetes reside in low- and middle-income countries, emphasizing the growing need for advanced diabetes devices to support effective disease management.

Growth Forecast Projected:

The Global Diabetes Devices Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Diabetes Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Diabetes Devices Market:

By Product Type: Blood Glucose Monitoring Devices, Continuous Glucose Monitoring Devices Sensors, Transmitters, Receivers, Self-Monitoring Devices Blood Glucose Meters, Testing Strips, Lancets, Insulin Delivery Devices Insulin Pumps, Insulin Pens, Insulin Syringes, Others

By End-User: Hospitals, Specialty Clinics, Homecare Settings, Diagnostic Centers, Others

Regional Analysis for Diabetes Devices Market:

The regional analysis of the Diabetes Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Diabetes Devices market?

➠ Who are the leading manufacturers in the global Diabetes Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Diabetes Devices industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Diabetes Devices market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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