New York, Global Digital Diabetes Management Market was valued at USD 14.8 Billion in 2021 and it is anticipated to grow up to USD 71.9 Billion by 2031, at a CAGR of 17.1% during the forecast period.
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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.
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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
By Product
- Smart Glucose Meter
- Continuous Blood Glucose Monitoring System
- Smart Insulin Pens
- Smart Insulin Pumps
- Apps
By Type
- Wearable Devices
- Handheld Devices
By End-user
- Hospitals
- Home settings
- Diagnostic Centers
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
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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