Diabetic Care Market Survey, Analysis, Share, Company Profiles and Forecast by 2027

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Increasing diabetic population, rising awareness about diabetes treatment and management, and favourable government initiatives are some key factors driving market revenue growth

The study on the Global Diabetic Care Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Diabetic Care market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Diabetic Care industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Diabetic Care industry.

Based on device type, the market is segmented into blood glucose monitoring devices and insulin delivery devices (pumps, pens, syringes, and jet injectors). Blood glucose monitoring devices segment is further sub-segmented into self-monitoring devices (blood glucose meters, testing strips, and lancets) and continuous glucose monitoring devices (sensors, transmitters and receivers). The blood glucose monitoring devices segment accounted for largest share in 2020 and the trend is expected to continue over the forecast period.

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North America is expected to register a steady growth rate in the Global Diabetes Care Market over the forecast period. This is due to increasing prevalence of diabetes and obesity among the aging population as well as younger individuals, and changing lifestyle.

Some major companies in the market report include Medtronic plc (Ireland), B. Braun (Germany), DexCom, Inc. (US), Abbott (US), F. Hoffman-La Roche Ltd. (Switzerland), Novo Nordisk A/S (Denmark), Becton, Dickinson and Company (US), Sanofi (France), Terumo Corporation, Ypsomed (Switzerland), Dr. Morepen (India), Insulet, Life Scan IP holdings, and Eli Lilly and Company

In May 2021, Medtronic announced that it had received a CE mark for its InPen smart insulin pen and Guardian 4 sensor for better diabetes management.

 

Emergen Research has segmented Global Diabetes Care Market on the basis of device type, distribution type, end-use, and region:

Device Type Outlook (Revenue, USD Million; 2018–2028)

  • Blood Glucose Monitoring
    • Self-Monitoring Devices
      1. Blood Glucose Meters
      2. Test Strips
      3. Lancelets
    • Continuous Glucose Monitoring Devices
      1. Sensors
      2. Transmitters
      3. Receiver
  • Insulin Delivery Devices
    1. Pumps
    2. Pens
    3. Syringes
    4. Jet Injectors

By Distribution Channel Outlook (Revenue, USD Million; 2018–2028)

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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End-use Outlook (Revenue, USD Million; 2018–2028)

  • Hospitals Clinics
  • Homecare Settings
  • Diagnostic Centers

Regional Outlook (Revenue, USD Million; 2018–2028)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Spain
    5. BENELUX
    6. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East Africa
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest Of MEA

Highlights of the TOC: 

  1. Report Overview 
    1.1 Research Scope
    1.2 Key Diabetic Care market segments
    1.3 Major players
    1.4 Market analysis by product
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends 
    2.1 Global Diabetic Care market size
    2.2 Latest Diabetic Care market trends
    2.3 Key growth trends
  3. Competitive Landscape 
    3.1 Global Diabetic Care market key players
    3.2 Global Diabetic Care size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Diabetic Care market
    3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2019
  • Estimated Year: 2027
  • Forecast Years: 2020-2027

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Diabetic Care market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

Read More: https://www.emergenresearch.com/industry-report/diabetic-care-market

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