The U.S. diabetes monitoring, treatment, and drug delivery market was valued at $48 billion in 2024 and is projected to grow at a CAGR of 7.3%, reaching $79 billion by 2031.
This report covers key market segments, including:
Blood Glucose Meters, Blood Glucose Test Strips, Lancets
Continuous Glucose Monitoring (CGM) & Flash Glucose Monitoring (FGM)
Insulin & GLP-1 Receptor Agonists (e.g., Ozempic®)
Insulin Pens, Insulin Syringes, and Insulin Pumps
Key Market Segment Insights
The largest and fastest-growing segment in 2024 was the insulin and GLP-1 receptor agonist market, which accounted for the majority of total market value. The growth of GLP-1 therapies is driven by:
Rising prevalence of type 2 diabetes and obesity
Increased demand for innovative treatment solutions
Advancements in therapies that address both diabetes and obesity
Market Data Highlights
The report includes:
Unit Sales, Average Selling Prices, Market Size & Growth Trends
Market Drivers & Limiters
Market Forecasts Until 2031 and Historical Data from 2021
Competitive Analysis & Market Shares
Recent Mergers & Acquisitions
Company Profiles and Product Portfolios
U.S. Diabetes Market Trends
Smart Reusable Insulin Pens: The demand for smart insulin pens is increasing due to their ability to track doses, calculate insulin requirements, and provide reminders. These devices enhance diabetes management and offer greater convenience despite higher pricing.
Technological Advancements: Continuous improvements in CGM, insulin delivery systems, and digital health solutions are expected to drive the market forward.
Market Share Insights
Top Competitors in the U.S. Diabetes Market (2024):
1 Novo Nordisk
Market leader in insulin and second in insulin pens.
Top position in ultra-long-acting & ultra-rapid-acting insulin.
Only competitor in the rapid-acting insulin market.
GLP-1 portfolio includes Ozempic®, Rybelsus®, and Xultophy®.
2 Eli Lilly
Second-largest competitor in the insulin market.
Leader in premixed insulin, ultra-rapid-acting insulin, and human insulin.
GLP-1 portfolio includes Trulicity®, Mounjaro®, and Zepbound®.
3 Dexcom
Dominates the continuous glucose monitoring (CGM) market.
Strong sales from G6® (FDA approval in 2018) and G7 (FDA approval in 2023).
Market Segmentation Summary
This report suite includes all relevant market data, but individual MedCore reports are available for specific segments.
Blood Glucose Meter Market
Segmented Into: Personal & Professional
Blood Glucose Test Strip Market
Segmented Into: Personal & Professional
Lancet Market
Segmented Into: Personal & Professional
Continuous Glucose Monitoring (CGM) Market
Segmented Into: Personal & Professional
Flash Glucose Monitoring (FGM) Market
Segmented Into: Readers & Sensors
Insulin and GLP-1 Market
Insulin Types: Long-Acting, Ultra-Long-Acting, Rapid-Acting, Ultra-Rapid-Acting, Premixed, Human
GLP-1 Segments:
Diabetes Care: GLP-1 Injection, GLP-1 Oral
Obesity Care: GLP-1 Injection
Insulin Pen Market
Segmented Into: Reusable Pens & Pen Needles
Insulin Syringe Market
Segmented Into: Conventional & Safety Syringes
Insulin Pump Market
Segmented Into: Durable, Patch, and Simple Pumps
Global Research Scope
Report Attributes and Details:
Region: United States
Base Year: 2024
Forecast Period: 2025-2031
Historical Data: 2021-2023
Quantitative Coverage:
Market Size, Market Shares, Market Forecasts, Growth Rates
Units Sold, Average Selling Prices
Qualitative Coverage:
COVID-19 Impact
Market Trends & Limiters
Competitive Analysis & SWOT for Leading Competitors
Mergers & Acquisitions
Company Profiles & Product Portfolios
FDA Recalls & Disruptive Technologies
Disease Overviews
Data Sources:
Industry Leader Interviews
Government & Regulatory Data
Hospital & Private Sector Data
Import & Export Records
iData Research Internal Database
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