The Global Diabetes Care Market size reached USD 20,302 Million in 2020 and is expected to register a revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Global Diabetes Care Market revenue growth is expected to be driven by key factors such as increasing prevalence of diabetes worldwide, rising awareness regarding benefits of diabetes treatment and management, and favorable government initiatives in various countries. In addition, technological advancements in medical devices and solutions, and rising prevalence of obesity are factors driving revenue growth of the market.
Furthermore, application of Porters Five Forces Analysis to determine the status of various aspects such as the capability of both the suppliers and customers, threats posed by different substitutes, the intensity of competition and promising new vendors makes the study a valuable resource. The researchers behind the market intelligence report examine the weaknesses, strengths, opportunities, and restraints expected to shape the progress of the Diabetes Care market for the forecast period, 2019 to 2026. The market intelligence report includes detailed statistics on market segmentation based on product value, application, classification, and sale.
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Key companies profiled in the 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
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Diabetic Care market
- The report further analyses the changing Diabetic Care market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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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
- Blood Glucose Meters
- Test Strips
- Lancelets
- Continuous Glucose Monitoring Devices
- Sensors
- Transmitters
- Receiver
- Self-Monitoring Devices
- Insulin Delivery Devices
- Pumps
- Pens
- Syringes
- Jet Injectors
By Distribution Channel Outlook (Revenue, USD Million; 2018–2028)
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
End-use Outlook (Revenue, USD Million; 2018–2028)
- Hospitals & Clinics
- Homecare Settings
- Diagnostic Centers
Diabetic Care Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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