#India Continuous Glucose Monitoring (CGM) Market

[industryforecastnews]

Insulin Delivery Devices Market To Reach USD 28.06 Billion By 2030

Insulin Delivery Devices Market Growth & Trends

The global insulin delivery devices market size was estimated at USD 28.06 billion in 2030 and is expected to grow at a CAGR of 7.89% from 2024 to 2030. Obesity, sedentary lifestyles, and unhealthy food habits, primarily in the young population, lead to the occurrence of diabetes. In addition, the growing diabetic geriatric population is another factor supporting the growth of this vertical. According to the United Nations, Department of Economic and Social Affairs, around 901 million individuals were aged 60 or over in 2015 and this number is projected to increase to 1.4 billion by 2030. Thus, the enlarging elderly population is expected to boost the demand for insulin delivery devices.

Technological advancements in diabetes management have significantly transformed insulin delivery methods, evolving from traditional injections to more advanced, minimally invasive techniques. Initially, insulin administration faced challenges in maintaining consistent blood glucose levels. However, the advent of insulin pens facilitated easier self-administration, reducing discomfort. The development of insulin pumps allowed for continuous insulin infusion, enhancing glucose control. A pivotal advancement was the introduction of Continuous Glucose Monitoring (CGM) devices, providing real-time glucose data, essential for informed decision-making. This set the stage for Artificial Pancreas Systems (APS), which integrate CGM data with insulin pumps for automated delivery, closely mimicking natural pancreatic function. Bionic technology, blending biological and artificial processes, has been instrumental in advancing insulin delivery. It underpins devices such as APS, utilizing algorithms, sensors, and automated pumps for precise blood sugar regulation, minimizing manual intervention. These innovations offer tailored, user-friendly solutions, notably improving patient outcomes. Modern insulin pumps, equipped with CGM integration, predictive algorithms, and smartphone connectivity, exemplify significant progress in device functionality, offering accurate and adaptable insulin management. These features not only mitigate risks associated with blood glucose extremes but also empower users with finer control over their insulin dosing, responding dynamically to glucose level changes.

Technological innovations and advancements are an ongoing trend in this vertical. The high demand for advanced insulin delivery devices is supporting the adoption of recently launched innovative pen devices and portable pumps, which is estimated to boost the market growth. Also, favorable reimbursement policies for these devices, mainly in developed countries like the U.S. and Germany, are anticipated to fuel the market growth during the study period. However, stringent regulatory requirements regulating the approval of insulin delivery devices and the high cost of insulin analogs in diabetes care management are major factors restraining the growth of this industry.

The market's prominent competitors are taking different initiatives such as acquisition, funding, and product development to expand their product portfolio and enhance their manufacturing capacity. For instance, in October 2021, Eli Lilly partnered with Cipla, to market its Insulin products (Humalog and Trulicity) in India. Additionally, In June 2021, the company acquired Protomer Technologies, to strengthen its market presence. Further, Novo Nordisk, joined hands with Biocorp to develop a Bluetooth-enabled smart add-on device for their pen insulin injector.

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Insulin Delivery Devices Market Report Highlights

The insulin pens segment was the largest revenue-generating category of this market in 2021. The pen is equipped with self-contained cartridges and offers ease in handling and less pain while injecting insulin. The advantages of these pen devices over other products are resulting in their growing popularity, thus serving as a vital factor in contributing to the sectorb s highest share in this market

The home care segment is estimated to be the fastest-growing segment due to increased adoption of self-care diabetes management devices and the availability of simplified and user-friendly product designs for patients

North America is the leading regional sector and accounted for the largest revenue share in 2021 primarily due to the favorable reimbursement scenario in this space. Also, the presence of major manufacturers in this region is supporting market growth

In Asia Pacific, the market is anticipated to grow fast during the forecast period. The high prevalence rate of diabetes in countries, such as China and India, is a major factor contributing to market expansion in this region

Insulin Delivery Devices Market Segmentation

Grand View Research has segmented the global insulin delivery devices market report based on product, end use, and region.

Insulin Delivery Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

Insulin Pens

Reusable Insulin Pens

Disposable Insulin Pens

Insulin Pumps

Patch Pumps

Tethered Pumps

Insulin Pen Needles

Standard Pen Needles

Safety Pen Needles

Insulin Syringes

Other Products

Insulin Delivery Devices End Use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals & Clinics

Homecare

Other End Users

Insulin Delivery Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

List of Key Players in Insulin Delivery Devices Market

Novo Nordisk A/S

Sanofi

Eli Lilly and Company

Ypsomed AG

Medtronic

Insulet Corporation

B. Braun SE

Owen Mumford Ltd.

Tandem Diabetes Care, Inc.

BD (Becton, Dickinson, and Company)

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/insulin-delivery-devices-market

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Exploring the Insulin Delivery Market: Innovations and Impact

The global insulin delivery market size reached USD 17.80 billion in 2021 and is expected to register a revenue CAGR of 9.9% during the forecast period, according to the latest analysis by Emergen Research. Increasing number of diabetes patients across the globe, including increase in obese and elderly population, changes in lifestyles, and adequate/established healthcare services are driving market revenue growth. 

Innovations Driving Change:

Smart Insulin Pens: These high-tech pens track doses, offer reminders, and sync data with apps for better management.

Continuous Glucose Monitors (CGMs): While not traditional delivery methods, CGMs are game-changers, providing real-time glucose levels and reducing the need for frequent injections.

Insulin Pumps: These devices automate insulin delivery, mimicking the pancreas's natural function, offering precise control over glucose levels.

Market Dynamics: The market is buzzing with innovation and competition, pushing companies to create more reliable, affordable, and user-friendly solutions. From traditional syringes to cutting-edge wearable tech, options are expanding.

Impact on Diabetes Management: Improved delivery methods mean better adherence to treatment plans, fewer complications, and enhanced quality of life for those managing diabetes.

Challenges Ahead: Despite advancements, challenges like cost, accessibility, and regulatory hurdles persist, limiting universal access to these innovations.

The leading market contenders listed in the report are: Sanofi Diabetes, Nova Nordisk, Omnipod Insulin Management, Eli Lilly and Company, Gerresheimer, Johnson and Johnson, Becton Dickinson, Medtronic PLC, Hoffmann-La Roche Ltd., Braun

The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs. To Visit Full Report & Table of Contents Insulin Delivery Market: https://www.emergenresearch.com/industry-report/insulin-delivery-market

Market Overview: The report bifurcates the Insulin Delivery market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment. Segments Covered in this report are:

Diabetes Type Outlook (Revenue, USD Billion; 2019-2030)

Type 1 Diabetes

Type 2 Diabetes

Gestational Diabetes

Prediabetes

Device Type Outlook (Revenue, USD Billion; 2019-2030)

Insulin Syringe

Insulin Pens

Disposable

Reusable

Insulin Jet Injectors

Insulin Pumps

Tethered

Patch

Insulin Needles

Standard Needles

Safety Needles

Insulin Inhalers

External Insulin

Implantable Insulin

Others

Route of Administration Outlook (Revenue, USD Billion; 2019-2030)

Oral/Buccal

Nasal

Subcutaneous Route

Transdermal Route

Others

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. Get An Impressive Discount On This Report@ https://www.emergenresearch.com/request-discount/1432

Regional Analysis Covers: 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)

Key reasons to buy the Global Insulin Delivery Market report:

The latest report comprehensively studies the global Insulin Delivery market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products & services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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[nitasonwane]

Smart Insulin Pens Market 2023-2030

The smart insulin pen market was a rapidly evolving sector within the broader field of diabetes management. Smart insulin pens are devices designed to help individuals with diabetes manage their insulin dosing more effectively by providing features such as dose tracking, reminders, and connectivity to mobile apps for data monitoring and analysis.

Some key features of smart insulin pens include:

Dose Tracking: Smart insulin pens can record the time and dosage of each insulin injection. This information can be useful for both patients and healthcare providers to monitor insulin therapy.

Reminders and Alarms: Many smart pens come with reminder functions to alert users about their next scheduled dose. This can be especially helpful for individuals with busy schedules or those who may have difficulty remembering to take their insulin.

Connectivity: Smart insulin pens often have Bluetooth or other wireless capabilities to connect to mobile applications or cloud-based platforms. This allows for real-time data tracking, sharing with healthcare providers, and analysis of insulin dosing patterns.

Insulin Dosing Guidance: Some smart insulin pens are equipped with algorithms that can provide dosing recommendations based on factors like blood glucose levels, carbohydrate intake, and previous dosages.

Compatibility with Mobile Apps: Many smart insulin pens have corresponding mobile apps that allow users to track their insulin doses, blood glucose levels, and other relevant data. These apps may also offer features like trend analysis, reports, and the ability to share data with healthcare providers.

Integration with Continuous Glucose Monitoring (CGM) Systems: Some smart insulin pens can integrate with CGM systems, allowing for a more comprehensive approach to diabetes management.

Regional Overview

The worldwide Smart Insulin Pens Market has been categorized based on geography, with North America, Europe, Asia Pacific, Latin America, and Middle East and Africa being the key regions. These regions have been further segmented into countries and sub-regions.

Those various countries focused in this market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

[esglatestmarketnews]

Continuous Glucose Monitoring (CGM) Devices—a deep-dive on How Athletics Trend Redefines Digital Health

Athletes have exhibited immense traction in tracking glucose levels continuously. So much so that CGM technology has become sought-after to see how their training and food influence their blood glucose levels all the time. The advanced CGM devices enable consumers to make diet and training decisions to help boost their performance. There have been instances in the past of the National Football League (NFL) using CGM devices. Some well-established brands, such as Abbott (Libre Sense), Supersapiens and Nutrisense, have furthered their penetration to tap into the global market. 

Sports and fitness enthusiasts have joined the bandwagon to enhance their fitness performance. It is worth mentioning that CGM is less invasive and some devices can be connected to Bluetooth, making the product highly popular among amateur and professional athletes. Grand View Research is gearing up to add OTC CGM devices used in non-diabetes applications and their impact on the blood glucose monitoring device market in its repository. The final report, coupled with the database, will emphasize the following dynamics:

• Opportunities for CGM manufacturers and analytics service providers

• Trends that can influence the prospect and application of CGM devices in fitness enthusiasts and diabetic patients.

• Insights on Medicare and Medicaid coverage.

• CGMs pricing among athletes and patients.

Get your copy or request a free sample of the report “A Study On New Vertical Growth Opportunities for Continuous Glucose Monitoring Devices,” compiled and published by Grand View Research. 

Vertical Growth Opportunities for CGM Devices Report Scope

Patient Demographics

Total Population

People with diabetes

People with undiagnosed diabetes

Deaths attributable to diabetes

Sport enthusiasts

Number of athletes

Pricing

Pricing for CGMs in diabetic patients vs Athletes

Reimbursement Differences

Coverage for Medicare and Medicaid

Regions

North America

U.S.

Canada

Europe

UK

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

Japan

China

India

Australia

Thailand

South Korea

Latin America

Brazil

Mexico

Argentina

MEA

South Africa

Saudi Arabia

UAE

Kuwait

Get more insights from our in-depth market intelligence report “Continuous Glucose Monitoring Devices Market Size, Share & Trends Analysis Report By Component (Transmitters, Sensors, Receivers), By End-use (Hospitals, Home Care), By Connectivity, By Region, And Segment Forecasts, 2023 - 2030”

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[market-researcher]

Blood Glucose Monitoring System Market Size & Share, 2033

The recent market research analysis of “Blood Glucose Monitoring System Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global blood glucose monitoring system market in terms of market segmentation by device type, modality type, disease type, distribution channel, and by region over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the global blood glucose monitoring system market.

These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

Blood glucose monitoring system market to find numerous growth opportunities on the back of the increasing prevalence of diabetes and evolving healthcare technologies finds Research Nester

The global blood glucose monitoring system market is estimated to grow majorly on account of the surge in cases of diabetes across the globe. According to International Diabetes Federation (IDF), in 2021, 537 million people were diagnosed with diabetes, and it is expected to increase to 640 million by 2030 and around 783 million by 2045.

Moreover, increasing access to health care and health expenditures is estimated to boost the market growth. As per the data by the World Bank, 9.83% of the global GDP was spent on health expenditure in 2019.

The market research report also includes other growth factors and challenges that are associated with the growth of the global blood glucose monitoring system market. Some of the major growth indicators are:

Growth Drivers:

Growing Investment in Diabetic Research

Increasing Perforation of Continuous Blood Glucose Monitoring (CGM) Devices

Challenges:

Lower diagnosis & treatment rate, and unfavorable reimbursement policies for the blood glucose monitoring system are some of the major factors anticipated to hamper the growth of the global blood glucose monitoring system market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.

The global blood glucose monitoring system market is segmented on the basis of by product into self-monitoring devices and continuous glucose monitoring devices. Out of these, the continuous glucose monitoring device is anticipated to hold the largest market share by the end of 2033 owing to the rise in adoption of CGM for their ability to monitor the patient’s blood glucose level regularly.

By region, the North America region market is to generate the highest revenue by the end of 2033. This growth can be attributed to the efficient healthcare sector and rising cases of diabetes in the region.

The research is global in nature and covers detailed analysis on the blood glucose monitoring system market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

In addition, analysis comprising of global blood glucose monitoring system market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

This report also provides the existing competitive scenario of some of the key players of the global blood glucose monitoring system market which includes company profiling of F. Hoffman-La Roche Ltd, LifeScan, Inc., Ascensia Diabetes Care Holding AG, Medtronic plc, Dexcom, Inc., Nipro Corporation, Prodigy Diabetes Care LLC, ACON Laboratories, Inc., Nova Biomedical Corporation, and others.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.

On the whole, the report depicts detailed overview of the global blood glucose monitoring system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Growth of Global Blood Glucose Monitoring System Market as Forecasted by Research Nester to be on Account of Increasing Cases of Diabetes Globally

The recent market research analysis of “Blood Glucose Monitoring System Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global blood glucose monitoring system market in terms of market segmentation by device type, modality type, disease type, distribution channel, and by region over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global blood glucose monitoring system market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

Blood glucose monitoring system market to find numerous growth opportunities on the back of increasing prevalence of diabetic and evolving healthcare technologies, finds Research Nester

The global blood glucose monitoring system market is estimated to grow majorly on account of the surge in cases of diabetes across the globe. According to International Diabetes Federation (IDF), in 2021, 537 million people were diagnosed with diabetes, and it is expected to increase to 640 million by 2030 and around 783 million by 2045. Moreover, increasing access to health care and health expenditures is estimated to boost the market growth. As per the data by the World Bank, 9.83% of the global GDP was spent on health expenditure in 2019.

The market research report also includes other growth factors and challenges that are associated with the growth of the global blood glucose monitoring system market. Some of the major growth indicators are:

Growth Drivers:

Growing Investment in Diabetic Research

Increasing Perforation of Continuous Blood Glucose Monitoring (CGM) Devices

Challenges:

Lower diagnosis & treatment rate, and unfavorable reimbursement policies for the blood glucose monitoring system are some of the major factors anticipated to hamper the growth of the global blood glucose monitoring system market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.

The global blood glucose monitoring system market is segmented on the basis of by product into self-monitoring devices and continuous glucose monitoring devices. Out of these, the continuous glucose monitoring device is anticipated to hold the largest market share by the end of 2033 owing to the rise in adoption of CGM for their ability to monitor the patient’s blood glucose level regularly.

Access our detailed report at: https://www.researchnester.com/reports/cold-chain-logistics-market/3930

By region, the North America region market is to generate the highest revenue by the end of 2033. This growth can be attributed to the efficient healthcare sector and rising cases of diabetes in the region.

The research is global in nature and covers detailed analysis on the blood glucose monitoring system market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global blood glucose monitoring system market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Consult our expert analysts at: info@researchnester.com or contact us at: https://www.researchnester.com/contact for any customized report.

This report also provides the existing competitive scenario of some of the key players of the global blood glucose monitoring system market which includes company profiling of F. Hoffman-La Roche Ltd, LifeScan, Inc., Ascensia Diabetes Care Holding AG, Medtronic plc, Dexcom, Inc., Nipro Corporation, Prodigy Diabetes Care LLC, ACON Laboratories, Inc., Nova Biomedical Corporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global blood glucose monitoring system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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Important Thing Need To Know About Upcoming Glucose Sensor Market In 2027

Glucose monitoring is a way to measure glucose levels in real-time throughout the day and night. Glucose monitoring devices use a tiny glucose sensor inserted under the skin to check glucose levels in tissue fluid. The device can detect and notify a patient if glucose is reaching a high or low limit. All these advantages have resulted in wide adoption of glucose-sensor based devices by patients having treatment of intensive insulin therapy, and or suffering from hypoglycemia unawareness or are suffering from high/low blood sugar levels among others. The rising number of these cases across the globe is expected to benefit the industry growth over the forecast period.

Key Insights:

Latest Updates

Analyst Views

Future Otlook of the Market

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Key Region Covered in Irrigation Syringes Market are

North America (USA, Canada, and Mexico)

Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, rest of countries, etc.)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)

Competitive Landscape:

Key players in the global Glucose Sensor market include Senseonics Holdings, Inc., Insulet Corporation, Bayer AG, Ypsomed Holding AG, LifeScan, Novo Nordisk, Medtronic PLC, Dexcom Inc., Abbott Diagnostics Inc., and Roche Diagnostics, among others.

Key players in the market are adopting several strategies to strengthen their presence in the competitive landscape. They are focusing on product development as well as acquisition to retain the market share. For instance, in October 2018, Julphar partnered with Dexcom and BD (Becton, Dickinson and Company) to launch and supply its continuous glucose monitoring systems (CGMs) and insulin pens in the U.A.E.

Market Taxonomy:

By Product Type

Non- InvasiveOptical Sensors Trans Dermal Sensors

Minimally InvasiveMicro Pore/ Micro Needles

InvasiveIntravenous Implantable Micro Dialysis Subcutaneous Sensor

By Application

Polarimetry

Raman Spectroscopy

(Near) Infrared Spectroscopy

MIR Spectroscopy

Impedance Spectroscopy

Fluorescence

Photo-Acoustic Spectroscopy

Optical Coherence Tomography

Skin Suction Blister Technique

Sonophoresis

Reverse Iontophoresis

Others

By End User

Hospitals

Diagnostic Centres

Home Care

Others

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Market Dynamics:

The increase in incidence of diabetic cases is expected to provide high glucose sensor market growth and opportunities, which in turn will attract and compel numerous market players to develop innovative products or product line extensions. For instance, in March 2017, a report in the Diabetes research and clinical practice mentioned that one out of every ten adults is expected to develop diabetes by 2040, which reveals the graveness of this pandemic. Therefore, the treatment and he management of diabetes are expected to be the prime focus areas among healthcare departments and stakeholders, globally. However, the lack of adequate reimbursement for devices is the key barrier to the adoption of the devices.

For instance, in March 2016, a report published in Diabetes technology & therapeutics, quoted that only selected citizens were reimbursed if they opted for glucose sensor-based therapy called continuous glucose monitoring (CGM) therapy. On the contrary, high growth opportunities in the untapped markets, like highly skilled and cost-effective labor as well as growing economy of developing countries, are expected to provide significant profitable opportunities for manufacturers in the near future.

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Obtain Go-To market strategy to increase your chances in the existing market.

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https://www.databridgemarketresearch.com/reports/global-diabetes-treatments-market

[globalaircraft]

Diabetes Treatments Market Scope and Demand

Global Diabetes Treatment Market will exhibit a CAGR of 3.45% for the forecast period of 2021-2028

Global Diabetes Treatments Market Analysis and Insights:

Diabetes is a type of condition in which the glucose produced in the body cannot be utilized by it. This is one of the most important source of vitality for human cells. Diabetes treatment is an easy to use and essential method that helps in enhancing the procedure of the treatment of blood glucose monitoring system.

Rising expansion of the number of diabetic patients globally is the vital factor escalating the market growth, also rising number of programs initiated by various health organizations related to health awareness, increasing healthcare expenditure, easy access for the treatment due to increasing number of hospitals, rising number of diabetic patients due to unhealthy lifestyle of the people, rising cases of diabetes in young generation due to bad genetics and improper diet are the major factors among others driving the diabetes treatments market.

Diabetes Treatments market report is an excellent report that makes it possible to the healthcares industry to take strategic decisions and achieve growth objectives. Healthcare industry can be highly benefited with this Diabetes Treatments market research report which brings market and competitive landscape clearly into the focus and help make better decisions. In this business document, market segmentation has also been performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. Expert solutions combined with potential capabilities make this Diabetes Treatments market report to be outperforming for the Healthcare industry. 

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 Global Diabetes Treatments Market Scope and Market Size:

On the basis of type of diabetes, diabetes treatments market is segmented into type- and type-2.

Based on product, the diabetes treatments market is segmented into insulin, oral hypoglycemic drugs and non-insulin injectable drugs.

Based on devices, the diabetes treatments market is segmented into blood glucose meters and strips, continuous glucose monitors (CGMs), flash glucose monitoring device, injection pens, and insulin pumps and automated insulin delivery systems.

Global Diabetes Treatments Market Country Level Analysis:

The countries covered in the Diabetes Treatments market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..

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Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview 

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Diabetes Treatments Market

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Competitive Landscape and Diabetes Treatments Market Share Analysis:

The Diabetes Treatments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Diabetes Treatments market.

Data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. Not to mention, the data is collected only from the dependable sources such as journals, newspapers, company websites and annual reports of the companies on which healthcare industry can rely confidently. Businesses are highly relying on the different segments covered in the market research report which gives better insights to drive the business into right direction. The market studies, insights and analysis carried out in this Diabetes Treatments market research report keeps marketplace clearly into the focus which helps achieve business goal.

Major Players:

Roche Products Limited

Johnson & Johnson Services, Inc.

Sanofi-Deutschland GmbH

Novo Nordisk A/S

Ypsomed AG

Ascensia Diabetes Care Holdings AG

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https://www.databridgemarketresearch.com/reports/global-diabetes-treatments-market

[nileshdbmr]

Diabetes is a type of condition in which the glucose produced in the body cannot be utilized by it. This is one of the most important source of vitality for human cells. Diabetes treatment is an easy to use and essential method that helps in enhancing the procedure of the treatment of blood glucose monitoring system.

[ojasdbmr]

Diabetes is a type of condition in which the glucose produced in the body cannot be utilized by it. This is one of the most important source of vitality for human cells. Diabetes treatment is an easy to use and essential method that helps in enhancing the procedure of the treatment of blood glucose monitoring system.

[reportsanddata]

Continuous Glucose Monitoring Devices Market   Trends, Revenue, Major Players, Share Analysis & Forecast Till 2028

 According to a report by Reports and Data, the Continuous Glucose Monitoring devices market was valued at USD 4.11 billion in 2020 and is estimated to reach USD 19.04 billion in 2028, growing at a CAGR of 19.2%. Estimating and identifying appropriate blood glucose level in patients through continuous glucose monitoring (CGM) devices is a vital component of therapy success. Continuous glucose monitoring evolved from enzyme-based electrochemical glucose sensors. It is an instrument with a small sensor attached with a transmitter for daily diabetes management. The Continuous Glucose Monitoring devices aid in better diabetes management by proactively tracking glucose level fluctuations in interstitial fluid as a basis for improving metabolic control. CGM devices help in reducing the risk of hyperglycemia & hypoglycemia.

The global spread of diabetes along with increasing geriatric population and continuous technological advancements have propelled the market growth of the CGM devices. According to the WHO, Diabetes is increasing at an alarming rate in the United States, and nearly 30.3 million people, or 9.4% of the U.S. population, have diabetes. An estimated 23.1 million people - or 7.2% of the population - had diagnosed diabetes. North America accounts for the largest share in the global continuous glucose monitoring devices market due to government initiatives undertaken for prevention of diabetes and treatment support along with the presence of dominant players in this region, technological advancements in the drug discovery procedures, growing rate of obesity in the region, sedentary lifestyle and techno savvy population.

While, there are certain restraining factors which stand as potential challenges to the market growth. Inadequate reimbursement and high cost associated with the application of CGM devices, measurement reliability, human factors issues, lack of a standardized format for displaying results, and uncertainty pertaining to the best use of CGM data to make therapeutic decisions are some of the key factors hampering the growth of this market during the forecast period.

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The report provides an in-depth analysis of the key developments and innovations of the market such as research and development advancements, product launches, mergers & acquisitions, joint ventures, partnerships, government deals, and collaborations. The report offers a comprehensive assessment of key players in the market along with their global position, financial standing, business expansion plans, production and manufacturing capacity, and strategic alliances.

Key players in the market include

 Dexcom, Abbott Laboratories, Pfizer Inc., Inc. Baxter International, Menarini Diagnostics, Johnson & Johnson, Medtronic PLC, Animas Corporation, and Novo Nordisk A/S, ARKRAY, Inc., Bayer AG, Terumo Medical Corporation, Echo Therapeutics, Inc.; Medtronic PLC; F. Hoffmann-La Roche Ltd., GlySens Incorporated

Furthermore, the report segments Continuous Glucose Monitoring Devices market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.

By Component (Revenue, USD Million; 2018-2028)

Insulin Pumps

Transmitters & receivers

Sensors

By End-Use (Revenue, USD Million; 2018-2028)

Hospitals

Homecare settings

Others

For a better understanding of the global Continuous Glucose Monitoring Devices  market dynamics, a regional analysis of the market across key geographical areas is offered in the report. The market is spread across key geographical regions such as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is analysed on the basis of the market scenario in the major countries of the regions to provide a deeper understanding of the market. It provides insights into production and consumption patterns, supply and demand ratio, export/import, current and emerging trends and demands, market share, market size, revenue contribution, and presence of key players in each region.

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In-depth regional analysis includes:

·         North America (U.S., Canada, Mexico)

·         Europe (Italy, U.K., Germany, France, Rest of EU)

·         Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)

·         Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Benefits of the Global Continuous Glucose Monitoring Devices  Report:

•        Comprehensive analysis of the opportunities and risks of the Continuous Glucose Monitoring Devices  market

•        Detailed study of the latest product and technological developments and innovations of the Continuous Glucose Monitoring Devices  market

•        Business strategies and plans are analysed for understanding the Continuous Glucose Monitoring Devices  market scenario

•        Revenue forecast of Continuous Glucose Monitoring Devices  market for the forecast period 2020-2027

•        Comprehensive analysis of the drivers, constraints, limitations, challenges, and opportunities

•        Latest and emerging market trends analysis and their impact on product and application demand

•        Study of recent M&A, joint ventures, collaborations, partnerships, product launches and brand promotions among others

•        Extensive SWOT analysis and Porter’s Five Forces analysis along with investment return analysis and feasibility

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[healthcare-market]

Diabetes Devices Market to Develop Rapidly by 2027

Transparency Market Research (TMR) has published a new report titled, ‘Diabetes Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global diabetes devices market was valued at US$ 41.8 Bn in 2018 and is projected to expand at a CAGR of 6.4% from 2019 to 2027.

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Overview

· Diabetes is a global issue affecting millions of people every year. This has led to major technological advancements in diabetes treatment. Global diabetes care devices market exhibits a great potential and is estimated to grow exponentially by 2027.

· Diabetes care devices are used to diagnose and monitor the blood glucose level into a diabetic patient’s body. The demand for minimally invasive devices has led companies to launch patient-convenient diabetes care device.

· North America dominated the global diabetes devices market in 2018 and the trend is anticipated to continue during the forecast period. Large diabetes population, higher awareness, significant health care spending in the overall national budget, early availability of advanced technologies, and higher penetration of health care services across the U.S. and Canada are expected to drive the market in North America.

· Asia Pacific is likely to be a highly lucrative market for diabetes devices and it is expected to expand at a high CAGR during the forecast period

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Rise in Incidence of Pediatric and Geriatric Diabetes to Drive Market

· The world’s population is aging rapidly, especially in some of the developed economies such as the U.S. and Japan. Developed economies present high rates of aging. According to the World Health Organization, the global geriatric population is likely to reach around 2 billion (22% of global population) by 2050 as compared to 900 million in 2015. Countries such as India, China, Thailand, and South Korea are also expected to have large geriatric populations in the shortest span of time in the near future.

· Diabetes is more prevalent in the geriatric population. According to the American Diabetes Association, over 25% of the diabetic patients in the U.S. are aged 65 years and above.

· Incidence of diabetes in the pediatric population is gradually increasing. Hence, rise in pediatric and geriatric diabetes is expected to fuel the growth of the diabetes devices market.

Glucose Monitoring Devices Segment to Dominate Market

· Based on product type, the global diabetes devices market has been divided into glucose monitoring devices insulin delivery devices diabetes monitoring software, and artificial pancreas systems. The glucose monitoring devices segment has been bifurcated into self- monitoring blood glucose meters, blood glucose testing strips, lancets, and continuous glucose monitoring meters.

· The insulin delivery devices segment is further classified as insulin syringes, insulin pens, and insulin pumps.

· The glucose monitoring devices segment dominated the global diabetes devices market in 2018 and the trend is projected to continue during the forecast period. Wide availability of glucose monitoring devices with advanced sensors for the detection of blood sugar levels is a major driver for the segment.

· Moreover, the use of wireless technology in CGM for transmitting glucose readings collected from the interstitial fluid between the patient’s skin cells, has become an important tool for monitoring type 1 diabetes.

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Hospital Pharmacy to be Highly Lucrative Segment

· In terms of distribution channel, the global diabetes devices market has been classified into hospital pharmacy, retail pharmacy, online pharmacy, and diabetes clinics/ centers.

· Hospital pharmacies is projected to be the most attractive segment during the forecast period.

· High prevalence of type 2 and 1 diabetes is anticipated to increase hospital visits. Moreover, increasing investment in R&D and promising pipeline of artificial pancreas system are anticipated to fuel the hospital pharmacies segment.

North America to Dominate Global Market

· In terms of region, the global diabetes devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global diabetes devices market in 2018, followed by Europe.

· North America accounted for major share of the global diabetes devices market in 2018. Its dominance can be attributed to a large diabetes population, higher awareness, and significant health care spending in the overall national budget, early availability of advanced technologies, and higher penetration of health care services across the country.

· The diabetes devices market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027.

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Competitive Landscape

· The global diabetes devices market is fragmented in terms of number of players. Key players in the global market include Medtronic, Novo Nordisk A/S, Sanofi, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Becton, Dickinson and Company, Tandem Diabetes Care, Inc., Abbott Laboratories, Cellnovo, Insulet Corporation, LifeScan, Inc., Owen Mumford Ltd., among others

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