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Rising Diabetes Prevalence Fuels Demand For Digital Diabetes Management Solutions Emerges as a Core Driver of the Digital Diabetes Management Market in 2025
Digital Diabetes Management
What Is the Expected CAGR for the Digital Diabetes Management Market Through 2025?
Experiencing rapid expansion, the digital diabetes management sector has witnessed substantial growth lately, projected to escalate from a valuation of $15.9 billion in 2024 to $19.19 billion the following year, reflecting a robust compound annual growth rate of 20.7%; this upward trajectory during the past period is largely influenced by factors such as the increasing incidence of diabetes cases worldwide, the continuous evolution of technology, the shift toward customized medical care, favorable governmental regulations, and the increasing adoption of telehealth and remote patient monitoring solutions.
What's the Projected Size of the Global Digital Diabetes Management Market by 2029?
Anticipating substantial expansion, the market encompassing digital diabetes management solutions is projected to experience rapid escalation, achieving a valuation of $46.68 billion by 2029, propelled by a compound annual growth rate (CAGR) approximating 24.9%. This upward trajectory throughout the projection span is fundamentally linked to the persistent global diabetes challenge, the incorporation of artificial intelligence and machine learning technologies, enhanced data synergy, and the growing adoption of remote healthcare frameworks. Key developments shaping this market during the forecast window involve advancements in continuous glucose monitoring devices, sophisticated insulin administration apparatus, the proliferation of portable applications and wearable technology, alongside increased emphasis on patient involvement and educational initiatives.
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Top Growth Drivers in the Digital Diabetes Management Industry: What's Accelerating the Market?
The growing incidence of diabetes is anticipated to be a major catalyst in boosting the need for digital tools and associated care for diabetes administration, consequently expanding the market size. As a primary contributor to mortality globally, diabetes accounts for a significant portion of lifespan reduction, with this figure currently noted at 30% following diagnosis. Evidence from NHS England, a governmental body in the UK, shows a notable surge: between 2022 and 2023, the count of people under forty susceptible to type 2 diabetes climbed by almost a quarter, moving from 173,166 to 216,440 individuals across that timeframe. Consequently, the escalating rate of diabetes diagnoses is directly fuelling the requirement for digital diabetes management solutions.
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What Trends Will Shape the Digital Diabetes Management Market Through 2029 and Beyond?
Concentration among various enterprises is mounting toward creating consumer-facing, AI-integrated, and aesthetically pleasing connected applications aimed at elevating the user journey within the digital diabetes management sector, a trend that is rapidly gaining traction. Major players like Dario, Ascencia, and OneDrop, active in this digital diabetes space, are pivoting their product development efforts to position their offerings more as fashionable accessories than strictly as clinical instruments. Illustratively, a collaboration between IBM Watson Health and Medtronic plc resulted in the introduction of the Sugar.IQ smart diabetes management application, which leverages artificial intelligence with the explicit goal of refining and streamlining the day-to-day process of managing diabetes.
What Are the Main Segments in the Digital Diabetes Management Market?
The digital diabetes managementmarket covered in this report is segmented -
1) By Product And Service: Devices; Application; Data Management Software And Platforms; Services
2) By Device Type: Handheld Devices; Wearable Devices
3) By End User: Self Or Home Healthcare; Hospitals And Specialty Diabetes Clinics; Other End Users
Subsegments:
1) By Devices: Continuous Glucose Monitors (CGMs); Blood Glucose Meters (BGM); Insulin Pumps; Smart Insulin Pens; Diabetes Testing Strips
2) By Application: Diabetes Management Apps; Lifestyle And Diet Management Apps; Glucose Tracking Apps; Insulin Dose Adjustment Apps; Exercise And Activity Tracking Apps
3) By Data Management Software And Platforms: Cloud-Based Diabetes Management Platforms; Data Analytics Platforms; Electronic Health Record (EHR) Integrated Systems; Patient Management Software; Remote Monitoring Software
4) By Services: Telemedicine And Virtual Consultation Services; Remote Monitoring Services; Diabetes Education Services; Diabetes Coaching And Support Services; Clinical Decision Support Services
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Which Top Companies are Driving Growth in the Digital Diabetes Management Market?
Major companies operating in the digital diabetes management market include Bayer AG, Medtronic Plc, Roche Diagnostics Ltd., Dexcom Inc., Abbott Laboratories, Ascensia Diabetes Care Holdings AG, Insulet Corporation, B. Braun Melsungen AG, Tandem Diabetes Care Inc., LifeScan Inc., AgaMatrix Inc., Glooko Inc., DarioHealth Corp, One Drop, Dottli Oy, Ypsomed Holding AG, ARKRAY Inc., ACON Laboratories Inc., Becton, dic*kinson and Company, Care Innovations LLC, Health2Sync Inc., Emperra GmbH E-Health Technologies, Azumio Inc., Decide Clinical Software GmbH, pendiq GmbH Moers, Health Arx Technologies Pvt Ltd., Sanofi SA, Johnson & Johnson Co, Novo Nordisk AS, Terumo Corporation, TidePool, AgaMatrix Medical Devices Ltd.
Which Regions Will Dominate the Digital Diabetes Management Market Through 2029?
North America was the largest region in the digital diabetes management market in 2024. Western Europe was the second largest region in the digital diabetes management market report. The regions covered in the digital diabetes management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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