The Global Digital Diabetes Management Market Report by Global Insight Services is the single and trusted source of information for the Digital Diabetes Management Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
Digital diabetes management (DDM) is the use of digital technologies to help people with diabetes manage their disease. This can include apps, websites, wearable devices, and other tools that help people track their blood sugar levels, monitor their diet and activity, and receive guidance and support from healthcare providers.
Digital diabetes management can help people with diabetes better manage their disease and improve their health. For example, tracking blood sugar levels can help people identify patterns and make necessary adjustments to their diet or medication. Monitoring activity can help people ensure they are getting enough exercise. And receiving guidance and support from healthcare providers can help people stay on track with their treatment plans.
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Key Trends
There are a few key trends in digital diabetes management technology.
One is the move away from traditional methods like finger-stick blood glucose tests and toward continuous glucose monitors (CGMs).
Another trend is the use of mobile apps to track blood sugar levels and other health data. This can help people with diabetes to better understand their condition and make better decisions about their treatment.
Finally, there is a trend toward using artificial intelligence (AI) to help manage diabetes. AI can be used to provide personalized recommendations about diet, exercise, and medication.
Key Drivers
There are several key drivers of the digital diabetes management market.
One is the increasing prevalence of diabetes globally. According to the International Diabetes Federation, the number of people with diabetes is expected to reach 463 million by 2030.
Another key driver is the growing use of mobile devices and the internet. This has made it easier for people to access digital diabetes management tools and has made it more convenient for them to use these tools to track their condition and manage their care.
Finally, the increasing cost of healthcare is also driving demand for digital diabetes management solutions.
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Market Segments
The digital diabetes management market is segmented by type, end-user, and region. By type, the market is classified into handheld, and wearable. Based on the end-user, it is bifurcated into home health, hospitals, academics, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the rest of the World.
Key Players
The digital diabetes management market includes players such as Medtronic, B. Braun Melsungen AG, Dexcom Inc., Abbott Laboratories, F. Hoffmann-La Roche, Insulet Corporation, Tandem Diabetes Care, Ascensia Diabetes Care Holdings AG, LifeScan Inc., Tidepool, and others.
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