Global Diabetes Care Devices Market Growth 2023-2029

Global Diabetes Care Devices Market Growth 2023-2029

Diabetes Care Devices conclude glucose Monitoring Device (blood glucose meters, blood glucose test strips, lancing devices, continuous glucose monitoring devices, HbA1c testing kits and others) and insulin delivery device (insulin pumps, insulin syringes, insulin pens and others).

Diabetes is a metabolic disorder that affects your pancreas ability to produce or use insulin. Insulin is a hormone secret by the beta cell of the islet of Langerhans of the pancreas. When your body turns the food which u eat into energy molecule glucose. In response to glucose, body secretes insulin which helps to transport glucose/energy to the cells. Insulin acts as a key to remaining energetic. It is a chemical message that tells the cell to open and receive glucose. If the body produces little or no insulin or are insulin resistant, too much sugar remains in your blood. Blood glucose levels are higher than normal for individuals. This results in diabetes. There are two main types of diabetes: Type 1 and Type 2. Type 1 is also known as insulin dependent diabetes mellitus whereas type 2 is known as noninsulin dependent diabetes mellitus.
LPI (LP Information)' newest research report, the “Diabetes Care Devices Industry Forecast” looks at past sales and reviews total world Diabetes Care Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Diabetes Care Devices sales for 2023 through 2029. With Diabetes Care Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diabetes Care Devices industry.
This Insight Report provides a comprehensive analysis of the global Diabetes Care Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Diabetes Care Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Diabetes Care Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diabetes Care Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Diabetes Care Devices.
The global Diabetes Care Devices market size is projected to grow from US$ 23910 million in 2022 to US$ 33830 million in 2029; it is expected to grow at a CAGR of 33830 from 2023 to 2029.
The major players in global Diabetes Care Devices market include Roche, Medtronic plc, J&J, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Blood Glucose Test Strips and Blood Glucose Meters are two main types, with a share about 65%. Personal Care is the key application, which holds a share about 85%.
This report presents a comprehensive overview, market shares, and growth opportunities of Diabetes Care Devices market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Blood Glucose Meters
Blood Glucose Test Strips
Insulin Pumps
Insulin Syringes
Others
Segmentation by application
Medical Care
Personal Care
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Roche
Medtronic plc
J&J
Abbott
Ascensia Diabetes Care
BD
Dexcom
ARKRAY Inc
B. Braun
Terumo Corporation
Ypsomed
Sannuo
Sanofi
I-sens
Abbott
Key Questions Addressed in this Report
What is the 10-year outlook for the global Diabetes Care Devices market?
What factors are driving Diabetes Care Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Diabetes Care Devices market opportunities vary by end market size?
How does Diabetes Care Devices break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.