Diabetes Care Devices Market Outlook To 2025 - Business Opportunity and Technological Innovations

The revenue graph of the diabetes care devices market has been witnessing considerable momentum in the recent years owing to the increasing usage of self-monitoring blood glucose and insulin delivery devices. Obesity, smoking, genetic mutations, sedentary lifestyle, unhealthy diet have led to an escalation in the number of diabetes patients. The occurrence of diabetes is gradually rising, such that more than 1 in every 10 adult individuals or 12.2% of the U.S. population aged 18 years or older is affected with it. Diabetes is considered as the seventh leading cause of death.

According to WHO, 422 million adults globally are diabetic patients, 1.6 million deaths are directly attributed to diabetes each year and 1 in 3 adults aged over 18 years is overweight and 1 in 10 is obese. In essence, all these statistics demonstrate the rapid growth in number of diabetic patients which has driven the growth prospects of the diabetes care devices market.

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Diabetes is increasing among adults as well as children due to the prominence of an indolent lifestyle. In 2016, 41 million infants and young children were reported to be obese or overweight, 124 million children and adolescents were obese which counts to be a tenfold increase in the last four decades and nearly 1 in 5 children and adolescents are overweight or obese. Obesity is the primary cause which has led to the prevalence of diabetes as almost everyone prefers to enjoy unhealthy lifestyle without realizing the significance of physical wellness. As per the Pan American Health Organization (PAHO), around 305,000 people died due to type 2 diabetes in America in the year 2014.

The demand for diabetes monitoring and management solutions across Germany will be driven by the growing adoption of the technology, increasing healthcare expenditure, and the surging number of people affected by diabetes in the region. Notably, Germany accounted for more than 25% revenue share of Europe diabetes care devices market in 2018 and will experience notable growth by 2025.  

India diabetes care devices market will rise considerably at an 8.7% CAGR up to 2025. As per a report published in The Lancet Journal, the number of diabetic patients in India will hit nearly 98 million by 2030. Rising geriatric population base vulnerable to numerous severe conditions, rapid urbanization, escalating trend of consuming unhealthy diet including fast food, and rising healthcare investments will provide a sustained demand for diabetes care devices in the region.       

Leading companies constituting global diabetes care devices market including Abbott Laboratories, Roche, Bayer Corporation, and B. Braun Melsungen AG among others, are emphasizing on developing systems that are highly efficient and easy-to-use.     

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Partial Chapter of the Table of Content

Chapter 4.  Diabetes Care Devices Market, By Product

4.1. Key segment trends

4.2. Blood glucose monitoring devices

4.2.1.  Market size, by region, 2014-2025 (USD Million)

4.2.2.  Self-monitoring blood glucose meters

4.2.2.1.  Market size, by region, 2014-2025 (USD Million)

4.2.3.  Continuous glucose monitors

4.2.3.1.  Diabetes Care Devices Market size, by region, 2014-2025 (USD Million)

4.2.4.  Testing strips

4.2.4.1.  Market size, by region, 2014-2025 (USD Million)

4.2.5.  Lancets

4.2.5.1.  Market size, by region, 2014-2025 (USD Million)

4.3. Insulin delivery devices

4.3.1.  Market size, by region, 2014-2025 (USD Million)

4.3.2.  Insulin pumps

4.3.2.1.  Market size, by region, 2014-2025 (USD Million)

4.3.2.2. Tubed pumps

4.3.2.2.1. Market size, by region, 2014-2025 (USD Million)

4.3.2.3. Tubeless pumps

4.3.2.3.1. Market size, by region, 2014-2025 (USD Million)

4.3.3.  Pens

4.3.3.1.  Market size, by region, 2014-2025 (USD Million)

4.3.3.2. Reusable

4.3.3.2.1. Market size, by region, 2014-2025 (USD Million)

4.3.3.3. Disposable

4.3.3.3.1. Market size, by region, 2014-2025 (USD Million)

4.3.4.  Pen needles

4.3.4.1.  Market size, by region, 2014-2025 (USD Million)

4.3.4.2.   Standard

4.3.4.2.1. Market size, by region, 2014-2025 (USD Million)

4.3.4.3.  Safety

4.3.4.3.1. Market size, by region, 2014-2025 (USD Million)

4.3.5.  Syringes

4.3.5.1.  Market size, by region, 2014-2025 (USD Million)

4.3.6.  Others

4.3.6.1.  Market size, by region, 2014-2025 (USD Million)

Chapter 5.  Diabetes Care Devices Market, By End-use

5.1. Key segment trends

5.2. Hospitals

5.2.1.  Market size, by region, 2014-2025 (USD Million)

5.3. Ambulatory surgery centers

5.3.1.  Market size, by region, 2014-2025 (USD Million)

5.4. Diagnostic centers

5.4.1.  Market size, by region, 2014-2025 (USD Million)

5.5. Home care

5.5.1.  Diabetes Care Devices Market size, by region, 2014-2025 (USD Million)

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