The type 2 diabetes market size is estimated to grow at a CAGR of 10.94% and the size of the market is forecast to increase by USD 39.37 billion between 20. pharmacies, and online pharmacies), and geography ( North America, Europe, Asia, and Rest of World (ROW). The rising prevalence of diabetes is notably driving the type 2 diabetes (T2D) market growth. Gain instant access to 17,000+ market research reports. The company offers diabetes management devices such as GM550 glucose meters. Braun Melsungen AG - The company offers diabetes management devices such as Space GlucoseControl System.īionime Corp. Summation of data from multiple sources through an analysis of key parameters- ViewĪbbott Laboratories - The company offers diabetes management devices such as Freestyle Libre 3, Freestyle Libre 2, and Freestyle Lite.ī. This report presents a detailed picture of the market by way of study, synthesis, and Hence, such factors drive the segment growth during the forecast period. The market share growth by the blood glucose monitoring devices segment will be significant for overall market growth during the forecast period. A blood glucose monitoring device measures glucose (sugar) levels in a person's blood and these devices are important for diabetics because they need to monitor blood sugar levels regularly to manage their health. Hence, such trends fuel the market growth during the forecast period.ĭiabetes Management Devices Market 2023-2027: Market Segmentation The market pays increasing attention to the development and adoption of artificial pancreas systems.Īn artificial pancreas is a closed system, which uses a continuous glucose monitor (CGM) and an insulin pump to automatically regulate blood glucose levels in diabetics.įurthermore, the introduction of artificial pancreas systems has attracted attention due to their ability to improve glycemic control and reduce the risk of hypoglycemia in diabetics. Growing focus on the artificial pancreas is a leading trend in the diabetes management devices market growth. Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!ĭiabetes Management Devices Market 2023-2027 - Market Dynamics Global competitiveness and key competitor positions Special coverage on the Russia- Ukraine war global inflation recovery analysis from COVID-19 supply chain disruptions, global trade tensions and risk of recession The report on the diabetes management devices market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The diabetes management devices market covers the following areas:ĭiabetes Management Devices Market Sizingĭiabetes Management Devices Market Forecastĭiabetes Management Devices Market Analysis Technavio has announced its latest market research report titled Global Diabetes Management Devices Market 2023-2027
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