Diabetes Care Devices Market By Application, By Product and By Region - Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global Diabetes Care Devices Industry valued approximately USD 6744 million in 2017 is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2019-2025. The Diabetes Care Devices Industry is continuously growing in the global scenario at significant pace. The gradual advancement and innovation of new Diabetic Care technologies are developing a concrete platform for further growth of Diabetic Care Industry. With the emergence of advanced technologies such as mobile health, precision medicine, smart sensors, wearable technologies, and 3D-printing into the field of Diabetic Care, there has been a rise in the overall demand of the newly developed Diabetic Care products. In addition, surging incidence rate of diabetes, escalating sedentary lifestyle in both developed and developing countries, rising obesity in both male and female population and rise in need for faster & safer diagnosis & treatment of diabetes are the substantial driving factors of the Industry during the forecast period. Moreover, rising technological advancements in this devices and increasing investment are the factor which likely to create numerous opportunity in the Industry during the forecast period. However, lack of healthcare infrastructure in semi-developed and under-developed region are the factors that limiting the Industry growth of Diabetes Care Devices across the globe.
The regional analysis of Global Diabetes Care Devices Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of Industry share owing to rising prevalence of obesity among people, rising government initiatives and advancements in monitoring the blood glucose levels across the region. Europe is estimated to grow at stable growth rate in the global diabetes care devices Industry across the globe. Further, North America is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025. The factors attributing the growth are increasing prevalence of obesity due urbanization and sedentary lifestyle of people in the region.
The

Diabetes Care Devices Industry Share and Size by 2019-2025
Medical
Diabetes Care Devices Market Segmentation:
By Product:
* Blood Glucose Monitoring Device
* Testing Strips
* Self-Monitoring Blood Glucose Meters
* Lancets
* Continuous Glucose Monitors
* Insulin Delivery Device
* Insulin Syringes
* Insulin Pens
* Insulin Pumps
* Insulin Jet Injections

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Diabetes Care Devices Market are as follows:
Abbot Laboratories
Acon Laboratories
Dexcom Inc.
Beckton, Dickinson and Company
Medtronic PLC
Johnson & Johnson

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