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Diabetes Management Devices Market is Set to Garner Staggering Revenues by 2025
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There are three main types of diabetes mellitus Type 1, 2, and Gestational diabetes. The main goal of diabetes management is effective control of blood glucose to minimize the risk of long-term consequences associated with diabetes. Diabetes Management consists medical devices such as small portable pump systems that can provide variable rates of insulin infusion via various route
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Diabetes management devices include glucometers, insulin pumps, continuous glucose monitors, and insulin pens among others. High-Tech diabetes management Meters are also available with Bluetooth, USB Port, bolus calculator (Roche’s Accu-Chek Aviva Expert), and cellular capability (that send data to remote server which can access online). There are also diabetes management meters available which measures blood ketones (Nova Max Plus, Precision Xtra). The patients on intensive insulin therapy prefer diabetes management pump instead of multiple daily injections with a syringe or pen. The diabetes management pump by Medtronic, MiniMed 530G, includes a feature that triggers the pump to stop delivering insulin for up to two hours based on blood glucose level.
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For insulin pens there is no need to carry a separate insulin vial. It can make injecting easier and more discreet because the insulin and injecting device are in one unit. The demand for diabetes management devices is anticipated to grow rapidly based on factors as consistently increasing geriatric population prone to diabetes, the government initiatives taken to support better management of diabetes, and the growing awareness regarding diabetes devices. The growth of the global diabetes management devices is expected to be limited by high cost associated with diabetes management devices during the forecast period.
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