Diabetes Care Devices Sales Market Overview
The global Diabetes Care Devices Sales market is expected to reach $61.55 billion by 2029. This represents a compound annual growth rate (CAGR) of 5.8% from 2022 to 2029. The study provides an in-depth analysis of the major drivers, restraints, opportunities, and challenges impacting the diabetes care devices sales market growth. It also offers insights into the current and future trends in the market.
The increasing prevalence of diabetes and the rising awareness about the early diagnosis and treatment of the disease are the major factors driving the growth of this market.
According to WHO, in 2016, around 422 million adults worldwide were living with diabetes, and 1.6 million deaths were attributed to the disease. Moreover, it is estimated that by 2045, around 629 million adults will be living with diabetes. The number of people with diabetes has nearly quadrupled since 1980, making it one of the most common chronic diseases globally.
With the rapidly growing diabetic population, there is an increasing demand for effective and efficient diabetes care devices that can help in managing the disease effectively. Diabetes care devices include blood glucose monitoring (BGM) devices, insulin delivery devices, and continuous glucose monitoring (CGM) devices. These devices help in measuring blood sugar levels and delivering insulin doses as per the requirement.
The various types of BGM devices available in the market are self-monitoring blood glucose (SMBG) meters, continuous glucose monitors (CGMs), flash glucose monitors (FGMs), and integrated SMBG/CGM systems. SMBG meters are further classified into handheld SMBG meters and wearable SMBG meters.
Diabetes Care Devices Sales Market Report Includes
An overview of the global Diabetes Care Devices Sales market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Diabetes Care Devices Sales market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Diabetes Care Devices Sales market and comprehensive profiles of leading companies in the industry
Diabetes Care Devices Sales Market Report Scope
The report forecasts the size of the Diabetes Care Devices Sales market for components from 2022 through 2029
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and Porter five forces analysis. This chapter provides detailed insights of the market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global diabetes care devices market is segmented on the basis of product type, distribution channel, and geography. On the basis of product type, the market is divided into blood glucose monitoring (BGM) devices, insulin delivery devices, and continuous glucose monitoring (CGM) devices.
On the basis of distribution channel, the market is classified into hospitals & clinics, specialty stores, homecare settings, and online retail. Geographically, it is analyzed across North America (U.S., Mexico & Canada), Europe (Germany, U.K., France, Spain & Rest of Europe), Asia-Pacific (China, Japan & Rest of Asia-Pacific), Latin America (Brazil & Rest of Latin America), and Middle East & Africa.
Global Diabetes Care Devices Sales Market Competitive Analysis:
Key players in the Global Diabetes Care Devices Sales market are Medtronic plc (Ireland), B. Braun (Germany), DexCom, Inc. (US), Abbott (US), F. Hoffman-La Roche Ltd. (Switzerland), Ascensia Diabetes Care Holdings AS (Switzerland), LifeScan (US), AgaMatrix Holdings LLC (US), Acon Laboratories, Inc. (US), ARKRAY USA, Inc. (US), Novo Nordisk A/S (Denmark), Becton, Dickinson and Company (US), Sanofi (France), Terumo Corporation (Japan), SD Biosensor, Inc. (South Korea), MicroGene Diagnostic Systems Pvt. Ltd. (India), Ypsomed (Switzerland), Dr. Morepen (India), Sinocare, Inc. (China), Bionime Corporation (Taiwan), and Rossmax International Ltd. (Taiwan) and among other players.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The global Diabetes Care Devices Sales market is distributed on the basis of the below-mentioned segments:
Global Diabetes Care Devices Sales Market, By product type:
- Blood Glucose Meters
- Blood Glucose Test Strips
- Insulin Pumps
- Insulin Syringes
- Others
Global Diabetes Care Devices Sales Market, By end users/applications:
- Medical Care
- Personal Care
- Others
Global Diabetes Care Devices Sales Market, By Region:
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global Diabetes Care Devices Sales Market Revenue Breakdown (USD Billion, %) by Region, 2022 & 2029
Figure 2: Global Diabetes Care Devices Sales Market Value Share (%), By Segment 1, 2022 & 2029
Figure 3: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 4: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 5: Global Diabetes Care Devices Sales Market Value Share (%), By Segment 2, 2022 & 2029
Figure 6: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 7: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 8: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 9: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 10: Global Diabetes Care Devices Sales Market Value Share (%), By Segment 3, 2022 & 2029
Figure 11: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 12: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 13: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 14: Global Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 15: Global Diabetes Care Devices Sales Market Value (USD Billion), by Region, 2022 & 2029
Figure 16: North America Diabetes Care Devices Sales Market Value Share (%), By Segment 1, 2022 & 2029
Figure 17: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 18: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 19: North America Diabetes Care Devices Sales Market Value Share (%), By Segment 2, 2022 & 2029
Figure 20: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 21: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 22: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 23: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 24: North America Diabetes Care Devices Sales Market Value Share (%), By Segment 3, 2022 & 2029
Figure 25: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 26: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 27: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 28: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 29: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by U.S., 2018-2029
Figure 30: North America Diabetes Care Devices Sales Market Forecast (USD Billion), by Canada, 2018-2029
Figure 31: Latin America Diabetes Care Devices Sales Market Value Share (%), By Segment 1, 2022 & 2029
Figure 32: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 33: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 34: Latin America Diabetes Care Devices Sales Market Value Share (%), By Segment 2, 2022 & 2029
Figure 35: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 36: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 37: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 38: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 39: Latin America Diabetes Care Devices Sales Market Value Share (%), By Segment 3, 2022 & 2029
Figure 40: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 41: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 42: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 43: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 44: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Brazil, 2018-2029
Figure 45: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Mexico, 2018-2029
Figure 46: Latin America Diabetes Care Devices Sales Market Forecast (USD Billion), by Rest of Latin America, 2018-2029
Figure 47: Europe Diabetes Care Devices Sales Market Value Share (%), By Segment 1, 2022 & 2029
Figure 48: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 49: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 50: Europe Diabetes Care Devices Sales Market Value Share (%), By Segment 2, 2022 & 2029
Figure 51: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 52: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 53: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 54: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 55: Europe Diabetes Care Devices Sales Market Value Share (%), By Segment 3, 2022 & 2029
Figure 56: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 57: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 58: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 59: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 60: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by U.K., 2018-2029
Figure 61: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Germany, 2018-2029
Figure 62: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by France, 2018-2029
Figure 63: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Italy, 2018-2029
Figure 64: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Spain, 2018-2029
Figure 65: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Russia, 2018-2029
Figure 66: Europe Diabetes Care Devices Sales Market Forecast (USD Billion), by Rest of Europe, 2018-2029
Figure 67: Asia Pacific Diabetes Care Devices Sales Market Value Share (%), By Segment 1, 2022 & 2029
Figure 68: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 69: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 70: Asia Pacific Diabetes Care Devices Sales Market Value Share (%), By Segment 2, 2022 & 2029
Figure 71: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 72: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 73: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 74: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 75: Asia Pacific Diabetes Care Devices Sales Market Value Share (%), By Segment 3, 2022 & 2029
Figure 76: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 77: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 78: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 79: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 80: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by China, 2018-2029
Figure 81: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by India, 2018-2029
Figure 82: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Japan, 2018-2029
Figure 83: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Australia, 2018-2029
Figure 84: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Southeast Asia, 2018-2029
Figure 85: Asia Pacific Diabetes Care Devices Sales Market Forecast (USD Billion), by Rest of Asia Pacific, 2018-2029
Figure 86: Middle East & Africa Diabetes Care Devices Sales Market Value Share (%), By Segment 1, 2022 & 2029
Figure 87: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 88: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 89: Middle East & Africa Diabetes Care Devices Sales Market Value Share (%), By Segment 2, 2022 & 2029
Figure 90: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 91: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 92: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 93: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 94: Middle East & Africa Diabetes Care Devices Sales Market Value Share (%), By Segment 3, 2022 & 2029
Figure 95: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 96: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 97: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 98: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Others, 2018-2029
Figure 99: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by GCC, 2018-2029
Figure 100: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by South Africa, 2018-2029
Figure 101: Middle East & Africa Diabetes Care Devices Sales Market Forecast (USD Billion), by Rest of Middle East & Africa, 2018-2029
List of Tables
Table 1: Global Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 2: Global Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 3: Global Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 4: Global Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Region, 2018-2029
Table 5: North America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 6: North America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 7: North America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 8: North America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 9: Europe Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 10: Europe Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 11: Europe Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 12: Europe Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 13: Latin America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 14: Latin America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 15: Latin America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 16: Latin America Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 17: Asia Pacific Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 18: Asia Pacific Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 19: Asia Pacific Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 20: Asia Pacific Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 21: Middle East & Africa Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 22: Middle East & Africa Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 23: Middle East & Africa Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 24: Middle East & Africa Diabetes Care Devices Sales Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
