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Diabetes Devices Market Accelerated by CGM Adoption and Smart Insulin Tech Innovations | F. Hoffmann-La Roche Ltd, Abbott Laboratories, Medtronic plc, Terumo Corporation, B. Braun SE
Diabetes Devices Market
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Diabetes Devices Market Growth
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.
In 2022, the Diabetes Devices Market was at US$ 29.39 Billion, and by 2023, it had
Comprehensive Insight into Diabetes Devices Market Landscape and Growth Trends:
Diabetes Devices include glucose monitors, insulin pumps, and CGMs that help manage blood sugar levels. The market is expanding rapidly due to the growing global diabetes burden, alongside tech-driven innovations in remote patient monitoring and wearable health tools.
Major Players Shaping the Competitive Landscape:
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.
Important Mergers, Acquisitions, and Market Shifts:
✅ Cardinal Health announced in late 2024 (closing early 2025) the acquisition of Advanced Diabetes Supply Group (ADSG) for approximately $1.1 billion.
✅ In April 2025, Dexcom received FDA clearance for its upgraded G7 15‐Day continuous glucose monitor, offering extended sensor life (up to 15.5 days) and enhanced convenience. Dexcom's stock rose over 8% on the news
✅ Medtronic obtained FDA approval in November 2024 for its InPen app to support the upcoming Smart MDI system, integrating the app, InPen smart insulin pen, and Simplera CGM-bringing AI insights and dose corrections to patients on multiple daily injections
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Methodology and Scope:
This Diabetes Devices Market report is developed using a robust research methodology that combines primary interviews, insights from industry experts, and verified secondary sources such as company filings, trade journals, and trusted databases. It follows a bottom-up and top-down approach to ensure data accuracy through triangulation. The scope of the report covers current market trends, growth potential, and strategic developments across global and regional markets.
Regional Overview for Diabetes Devices Market:
⇥ 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)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Diabetes Devices market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Diabetes Devices industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Diabetes Devices market?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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