The latest research report by Polaris Market Research provides a thorough analysis of a rapidly growing market. It covers all the key market aspects, including Diabetes Device Market share, size, drivers, trends, and major developments. Also, it offers market forecasts at the national, regional, and global levels. An in-depth analysis of market segments, along with an examination of the market performance across major regions and sub-regions, has been included in the study. The report provides insights into strategic developments to help stakeholders devise effective operating strategies.
The report includes a thorough value chain analysis to help readers gain crucial information on the outbound and inbound market logistics. Additionally, a thorough examination of key market participants addressing diverse consumer needs has been provided in the study. It further covers the emerging market trends and opportunities market participants can capitalize on. Pictorial representations, including charts, tables, and graphs, have been provided to help readers comprehend the key stats and other data easily.
Global Diabetes Devices Market size and share is currently valued at USD 31.94 billion in 2024 and is anticipated to generate an estimated revenue of USD 59.32 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.0% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Dynamics:
This section of the research report sheds light on the evolution of the market, covering how market participants are responding to technological shifts. The impact of the shifting market landscape and globalization has been provided in the study. Also, all the key factors driving Diabetes Device market growth have been covered.
The report covers major market trends and opportunities market participants can capitalize on. Additionally, it presents crucial information on market restraints and challenges and how businesses can navigate them. Furthermore, an analysis of technological advancements and regulatory shifts and their impact on market demand has been included in the study.
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https://www.polarismarketresearch.com/industry-analysis/global-diabetes-device-market
A few of the key players operating in the market are:
- Abbott Diabetes Care
- B Braun Melsungen AG
- BD
- Biocorp
- DexCom, Inc.
- Johnson & Johnson
- GlucoModicum
- LifeScan Inc.
- Medtronic PLC
- Molex
- Novo Nordisk
- Phillips-Medisize
- Roche Diabetes Care
- Senseonics, Inc.
- Tandem Diabetes Care, Inc.
Recent Developments
Undbio Invests in US Insulin Manufacturing: In April 2023, Undbio, a South Korean company, announced a $100 million investment to build a new insulin manufacturing facility in West Virginia, USA. The plant will focus on insulin production and distribution throughout the United States.
Tandem Diabetes Care Integrates t:slim X2 with Abbott FreeStyle Libre 2 Plus: Tandem Diabetes Care announced in January 2024 the integration of its t:slim X2 insulin pump, an automated insulin delivery system, with Abbott’s FreeStyle Libre 2 Plus sensor. This collaboration offers enhanced glucose monitoring with 15-day sensor wear and advanced Control-IQ technology.
Medtronic Acquires Companion Medical: In August 2020, Medtronic acquired Companion Medical. This acquisition strengthened Medtronic’s ability to serve individuals with diabetes who use multiple daily injections, broadening its diabetes care offerings.
Table of Contents
Global Diabetes Devices Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Diabetes Devices Market, by Type, 2020–2034 (USD Billion)
5.3. BGM Devices
5.3.1. Global Diabetes Devices Market, by BGM Devices, by Region, 2020–2034 (USD Billion)
5.3.2. Self-Monitoring Devices
5.3.2.1. Global Diabetes Devices Market, by Self-Monitoring Devices, by Region, 2020–2034 (USD Billion)
5.3.2.2. Blood Glucose Meters
5.3.2.2.1. Global Diabetes Devices Market, by Blood Glucose Meters, by Region, 2020–2034 (USD Billion)
5.3.2.3. Testing Strips
5.3.2.3.1. Global Diabetes Devices Market, by Testing Strips, by Region, 2020–2034 (USD Billion)
5.3.2.4. Lancets
5.3.2.4.1. Global Diabetes Devices Market, by Lancets, by Region, 2020–2034 (USD Billion)
5.3.3. Continuous Glucose Monitoring Devices
5.3.3.1. Global Diabetes Devices Market, by Continuous Glucose Monitoring Devices, by Region, 2020–2034 (USD Billion)
5.3.3.2. Sensors
5.3.3.2.1. Global Diabetes Devices Market, by Sensors, by Region, 2020–2034 (USD Billion)
5.3.3.3. Transmitters
5.3.3.3.1. Global Diabetes Devices Market, by Transmitters, by Region, 2020–2034 (USD Billion)
5.3.3.4. Receiver
5.3.3.4.1. Global Diabetes Devices Market, by Receiver, by Region, 2020–2034 (USD Billion)
5.4. Insulin Delivery Devices
5.4.1. Global Diabetes Devices Market, by Insulin Delivery Devices, by Region, 2020–2034 (USD Billion)
5.4.2. Pumps
5.4.2.1. Global Diabetes Devices Market, by Pumps, by Region, 2020–2034 (USD Billion)
5.4.3. Pens
5.4.3.1. Global Diabetes Devices Market, by Pens, by Region, 2020–2034 (USD Billion)
5.4.4. Syringes
5.4.4.1. Global Diabetes Devices Market, by Syringes, by Region, 2020–2034 (USD Billion)
5.4.5. Jet Injectors
5.4.5.1. Global Diabetes Devices Market, by Jet Injectors, by Region, 2020–2034 (USD Billion)
Global Diabetes Devices Market, by Distribution Channel
6.1. Key Findings
6.2. Introduction
6.2.1. Global Diabetes Devices Market, by Distribution Channel, 2020–2034 (USD Billion)
6.3. Hospital Pharmacies
6.3.1. Global Diabetes Devices Market, by Hospital Pharmacies, by Region, 2020–2034 (USD Billion)
6.4. Retail Pharmacies
6.4.1. Global Diabetes Devices Market, by Retail Pharmacies, by Region, 2020–2034 (USD Billion)
6.5. Diabetes Clinics/Centers
6.5.1. Global Diabetes Devices Market, by Diabetes Clinics/Centers, by Region, 2020–2034 (USD Billion)
6.6. Online Pharmacies
6.6.1. Global Diabetes Devices Market, by Online Pharmacies, by Region, 2020–2034 (USD Billion)
6.7. Others
6.7.1. Global Diabetes Devices Market, by Others, by Region, 2020–2034 (USD Billion)
Global Diabetes Devices Market, by End Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Diabetes Devices Market, by End Use, 2020–2034 (USD Billion)
7.3. Hospitals
7.3.1. Global Diabetes Devices Market, by Hospitals, by Region, 2020–2034 (USD Billion)
7.4. Diagnostic Centers
7.4.1. Global Diabetes Devices Market, by Diagnostic Centers, by Region, 2020–2034 (USD Billion)
7.5. Homecare
7.5.1. Global Diabetes Devices Market, by Homecare, by Region, 2020–2034 (USD Billion)
Regional Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Research Methodology:
The research methodology involves the collection of crucial data and information by expert analysts. The collected data is then carefully filtered to offer an accurate and reliable Diabetes Device market analysis. The primary research technique involves interviews with leading market participants to make it both practical and relevant. Besides, secondary research has been included to provide insights into the demand and supply connection. Publicly available data sources such as annual reports and white papers have also been used to provide an insightful market analysis.
Top Features of Diabetes Device Market Report:
- In-depth market analysis covering all the key market aspects
• Historical, current, and projected market size in terms of value and volume
• Detailed market segmentation covering all the major market segments
• Thorough examination of major market developments
• Assessment of the product offerings of market players and their operating strategies
• Includes classification of potential new clients or partners in the target demographic
Key Questions Answered in Report:
- What are the key market growth drivers?
• What are the market projections considering production value and capacity?
• What will be the impact of strategic developments on market growth?
• Who are the Diabetes Devicemarket key players?
• What are the major market trends that can be used to maximize revenue?
• Which research methodologies have been used while prepearing the research report?
• Who could benefit from the research report?
Diabetes Device market research report provides an in-depth analysis by covering all the major market aspects. All the stats and information presented in the study go through a multi-step verification method to ensure accuracy and reliability. The report is a must-read for policymakers, suppliers, stakeholders, and anyone involved or interested in the market.
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