Digital Diabetes Management Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Global Digital Diabetes Management Market is estimated to value over USD 20 billion by 2026 end and register a CAGR of over 22.5% during the forecast period 2019 to 2026.
The global digital diabetes management market is primarily steered
by factors such as the increasing focus on the adoption and development of
digital platform especially for diabetes, technological advancements and the
rising prevalence of diabetes.
Based on the device type, wearable devices are anticipated to hold
the largest digital diabetes management market share in 2019. This is primarily
owing to factors like advancements in technology like smart insulin patches,
closed-loop pump systems, the increasing number of regulatory sanctions for CGM
systems; and the growing adoption of smart insulin patches and insulin pumps
for delivery of self-insulin in the management of diabetes.
On the basis of the end user, the self or home healthcare is
anticipated to hold the largest digital diabetes management market share in
2019. This dominance can primarily be credited to advancements in technology
and a shift toward managing diabetes by self and home care.
North America is anticipated to augment at a substantially high
CAGR over the forecast period. This augmentation is owing to a high rate of
adoption of remote online tutorial services particularly for diabetes
management, rising demand for advanced solutions like closed-loop systems, high
adoption of connected diabetes management apps and devices, favourable
reimbursement policies, growing awareness regarding government initiatives to
promote digital health and on self-diabetes management in the region.
Key market players of the digital diabetes management market
industry include Medtronic Plc, Dexcom Inc., F.Hoffmann-La Roche, Abbott
Laboratories, Ascensia Diabetes Care Holdings Ag, Abbott Laboratories, B. Braun
Melsungen AG, Tidepool, Glooko Inc., Lifescan Inc., Agamatrix Inc., tandem
Diabetes Care Inc., Insulet Corp., Dariohealth Corp.
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Global Digital Diabetes Management Market Segmentation:
By Product & Service
- Devices
- Smart Glucose Meters
- Continuous Glucose Monitoring
Systems
- Smart Insulin Pens
- Smart Insulin Pumps/Closed Loop
Systems & Smart Insulin Patches
- Digital Diabetes Management Apps
- Diabetes & Blood Glucose
Tracking Apps
- Weight & Diet Management Apps
- Data Management Software and
Platforms
- Services
- Wearable Devices
- Handheld Devices
By End User
- Self/Home Healthcare
- Hospitals & Specialty
Diabetes Clinics
- Academic & Research
Institutes
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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FutureWise Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market
growth
Objectives of the Study:
- To provide with an exhaustive
analysis on the global digital diabetes management market by product &
service, by type, by end user and by region
- To cater comprehensive information on
factors impacting market growth (drivers, restraints, opportunities, and
industry-specific restraints)
- To evaluate and forecast
micro-markets and the overall market
- To predict the market size, in key
regions (along with countries)— North America, Europe, Asia Pacific, Latin
America and Middle East & Africa
- To record evaluate and competitive
landscape mapping- product launches, technological advancements, mergers
and expansions
- Profiling of companies to evaluate
their market shares, strategies, financials and core competencies
About
FutureWise Research:
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flexibility, agility and customised solutions for our clients. Through in-depth
market insights and consultancy, we present our clients with the tools they
need to be at the forefront of their industry – a position secured for far more
than the near future.
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Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
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Website: www.futurewiseresearch.com
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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