openPR Logo
Press release

Diabetes Monitoring Devices Market worth US$ 25 Billion by 2025

Diabetes Monitoring Devices Market worth US$ 25 Billion by 2025

The Global Diabetes Monitoring Devices Market, by Product Type (Self-Glucose Monitoring Devices and Continuous Glucose Monitoring Devices), by Indication (Type-I Diabetes, Type-II Diabetes, and Gestational Diabetes), by Approach (Invasive and Non-invasive), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Centers, and Self-Care), and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 15,276.1 million in 2016 and is projected to exhibit a CAGR of 8.87%over the forecast period (2017 – 2025), as highlighted in a new report published by Coherent Market Insights. Diabetes monitoring devices market is expected to gain significant traction with increasing incidence of diabetes patients and rising number of people suffering from obesity worldwide. According to the International Diabetes Federation 2015, the total number of population suffering from diabetes was accounted for 415 million in 2015 and was estimated to reach to 642 million by 2040.

Technological advancements focusing on development of integrated solutions is expected to foster the growth of global diabetes monitoring devices market

Advancements in diabetes monitoring devices due to extensive research and development has resulted in development of smaller and convenient devices to monitor blood glucose level. Moreover, increasing popularity of continuous glucose monitoring devices, owing integrated solution forms that not only monitors the blood glucose and insulin levels in diabetic patients but also automatically delivers insulin whenever the sensor detects low levels of insulin in patients with diabetes type 1 is boosting growth of the market. The insulin is administered to patients through diffusion or other techniques by an insulin pump, which is a part of the integrated system. For instance, in June 2017, Medtronic introduced MiniMed 670G system that helps to automatically deliver insulin by recording the basal levels at frequent intervals to maintain the blood sugar level appropriate in patients with Type-1 diabetes.

To understand Research Methodology @

Market players in the diabetes monitoring devices market are entering into strategic partnership with various companies working in a similar or complementary domain, in order to offer a more robust and well-rounded portfolio of products. For instance, in December 2016, Medtronic partnered with Fitbit to integrate data from CGM device and present the physical activity results in a streamlined application. Moreover, in December 2016, BioTelemetry formerly known as CardioNet acquired TelCare, a diabetes management technology company that will help BioTelemetry to accelerate diabetes monitoring market penetration with TelCare’s flagship cellular connected glucometer.

The global diabetes monitoring devices market is experiencing a significant number of innovative product introduction in the market that are providing a number of alternatives to the user for choosing the type of monitor with varied features and specification. For instance, in September 2017, FDA approved a blood glucose monitor by Abbott Laboratories for detection of blood sugar levels without pricking a patient’s finger. Abbott’s FreeStyle Libre Flash reduces the painful blood sugar testing by inserting a senor wire below the skin to continuously measure blood sugar levels. In August 2017, Fitbit introduced Ionic a smart wearable device that offer glucose monitoring for diabetics with the help of small biosensors integrated within the device.

Browse 42 Market Data Tables and 24 Figures spread through 205 Pages and in-depth TOC on “Diabetes Monitoring Devices Market”- by Product Type (Self-Glucose Monitoring Devices, and Continuous Glucose Monitoring Devices), by Indication (Type-I Diabetes, Type-II Diabetes, and Gestational Diabetes), by Approach (Invasive and Non-invasive), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Centers, and Self-Care), and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) - Global Forecast to 2025

The market players are also focusing on expanding the geographic reach of their products, majorly in emerging economies that are in increasing demand for innovative devices for measuring diabetes. For instance, in February 2018, Senseonics Holdings, Inc. introduced their integrated Continuous Glucose Monitor (CGM) system EverSense in European and Middle Eastern markets as a part of a comprehensive solution for diabetes monitoring. Moreover, the market players are also undergoing research and development for approvals from the regulatory bodies of various economies to receive marketing permissions. For instance, in February 2018, Tandem Diabetes Care applied to Health Canada Medical Device License for marketing t:slim X2 insulin pump that is integrated with Dexcom’s continuous glucose monitoring system.

Key Takeaways of Diabetes Monitoring Devices Market:

The global diabetes monitoring devices market is expected to exhibit a CAGR of 8.87% over the forecast period, owing to rising incidence of diabetes and obesity across the world coupled with development and launch of innovative diabetes monitoring devices

Among product type segment, self-monitoring blood glucose system segment holds a dominant position in the global diabetes monitoring devices, however new and innovative features offered by continuous glucose monitoring systems are expected to help the segment gain significant traction over the forecast period

Among region, North America is expected to dominate the global Diabetes Monitoring Devices Market, owing to presence of leading companies investing significantly in to research for the development of innovative devices that are indulged into innovation of technologically advanced diabetes monitoring devices

Key players operating the global diabetes monitoring devices market include Bayer Healthcare AG, Medtronic plc, Dexcom, Sanofi S.A., Roche Diagnostics, Abbott Laboratories Ltd., MediWise, Arkay, Inc., Cnoga Medical, Johnson & Johnson, and Bigfoot Biomedical.

Complete Report Details @

“Catch us at 3rd International Conference on Separation + Drying Technologies for Milk & Whey at Cologne, March 19 and 20, 2018”

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Tel: +1-206-701-6702
Visit our news Website:

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Diabetes Monitoring Devices Market worth US$ 25 Billion by 2025 here

News-ID: 966815 • Views: 307

More Releases from Coherent Market Insights - CMI

Distributed Generation Market to Witness High Growth in Near Future 2020 - 2027 …
Distributed generation is power generation on-site at the point of consumption. Distributed generation benefits the large loads with the reserved additional capacity, provides the sufficient power for the entire loads and sufficient redundancy for the maintenance. In addition to this, the distributed energy generation offers better performance, increased reliability, and improved power quality which could positively influence the distributed generation market. Download Sample Copy of This Report @ Key Players Key
Dial Thermometer Market To Collect Hugh Revenues Growth And Demand By 2027| OMEG …
A dial thermometer is a complete system thermometer, which can either take readings at the point of measurement or from a distant location with the help of the desired length of capillary tubing. Increasing demand of advanced thermometer is one of the major factors driving the growth of the market. Increasing demand for advanced thermometer is one of the factors for driving the growth of the market. At present scenario, the global
Organic Tobacco Market Status and Outlook 2020-2027|Reynolds American, Inc., Mot …
Latest PDF Research Report : on "Organic Tobacco Market Size , Regional Outlook Opportunity, Market Demand, Latest Trends, Organic Tobacco Industry Share & Revenue by Manufacturers, Leading Companies Profiles, Growth Forecast 2027." Analyzes current market size and upcoming Few years' growths of this industry. The report aims to provide an overview of global Organic Tobacco market with detailed market segmentation. The global Organic Tobacco market is expected to witness high growth
Gin Market Will Generate Massive Revenue in Future with Key Players - San Miguel …
Gin is an alcoholic beverage deriving its flavor from juniper berries. Gin is produced by a two-step process by re-distillation of a neutral spirit. Botanicals and natural extracts are added to the neutral spirit to obtain the final product. The neutral spirit is derived from grains such as rye, wheat, corn or barley. The most commonly utilized botanicals include coriander seeds, angelica root, lemon peel, cassia, and orris roots among

All 5 Releases

More Releases for Diabetes

Reverse Diabetes with Dr. Merritt’s Diabetes Reversal Recipe
[November 26, 2020] – People suffering from diabetes always search for ways to lower blood sugar levels in their bodies. Diabetes treatment available costs you hundreds of dollars yearly and also restricts you to a diabetic diet. That hampers your mental health and well-being. Apart from this, eye problems, kidney failure, amputations are some of the physical problems diabetic patients face. Dr. Marlene Merritt (from the Merritt Wellness Center in
Emerging trends for Diabetes Care Devices Market 2020 astonishing growth by Worl …
The global diabetes care devices market is expected to reach US$ 39,382.3 Mn in 2027 from US$ 23,354.3 Mn in 2018. The market is estimated to grow with a CAGR of 6.1% from 2020-2027. Premium market insights recently published a report titled "Diabetes Care Devices Market Size and Forecast to 2026". The report includes an authentic and accurate research study into the global Diabetes Care Devices market based on a qualitative
Diabetes Treatment
Diabetes Treatment is a important way to help manage the healthy ,easy to use and improve the way of the treatment of blood glucose monitoring system. As living standards improve, an increasing obesity, the Diabetes Treatment has improved peoples living habits, disease control effect, is becoming more and more important. The global Diabetes Treatment market is valued at 43700 million US$ in 2018 and will reach 58000 million US$ by the end
Self-Monitoring Blood Glucose Devices Market Study by Advance Application [Type …
The global self-monitoring blood glucose devices market was valued at $7,768 million in 2017 and is projected to reach $10,828 million by 2025 at a CAGR of 4.2% from 2018 to 2025. Monitoring of blood glucose is an essential step in diabetes management. Blood glucose monitoring devices are predominantly used to monitor a patient’s blood glucose level. Self-monitoring blood glucose (SMBG) devices are easy-to-use and enable people to monitor their
Global Diabetes Industry
Global Diabetes Industry Market Insight Global diabetes market is expected to grow at a CAGR of 7.9% percent for the forecasted period of 2016-2021. The market is segmented on the basis of type of diabetes, drugs class and diabetic devices. Diabetic drugs have the highest market share amongst drugs and devices and are also expected to have the highest growth rate with a CAGR of 9%. Some of the top selling
Diabetes Drugs Market: Increasing Prevalence of Diabetes to Stoke Market Growth
According to the TMR report, the global diabetes drugs market stood at a valuation of US$43.1 bn in 2016 and is likely to be valued at US$58.4 bn by the end of 2025 expanding at a CAGR of 3.6% between 2017 and 2025. Research and Development Pursuits to Introduce Novel Products Stokes Growth The rising per capita income in several parts of world leading to changing lifestyles and adoption of unhealthy food