Diabetes Care Devices Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The diabetes care devices market is expected to register a CAGR greater than 6% during the forecast period (2021-2027).

Diabetes management devices are often used to determine the level of blood sugar in the body due to insulin production. This treatment has been provided by diabetics to effectively monitor blood sugar levels and to improve treatment for these chronic conditions. Key drivers include rapid international research collaboration and the growth of the diabetic pool, and the government is taking initiatives to provide better health care and better opportunities to other market participants. The development of technology in the marketplace can bring tremendous success to the marketplace. The increasing demand for a fast, safe and effective method for diagnosing and treating diabetes poses a challenge in the market.

Market Segments

By Type

• Blood glucose monitoring systems
• Self-monitoring blood glucose monitoring systems
• Continuous glucose monitoring systems
• Test strips/Test papers
• Lancets/Lancing devices
• Insulin delivery devices
• Insulin pumps
• Insulin pens 
• Insulin syringes and needles
• Diabetes management mobile applications

By End User

• Hospitals & specialty clinics
• Self & home care

Key Market Players

The prominent players in the diabetes care devices (BRIC) market include Medtronic plc (Ireland), B. Braun (Germany), DexCom, Inc. (US), Abbott (US), F. Hoffman-La Roche Ltd. (Switzerland), Ascensia Diabetes Care Holdings AS (Switzerland), LifeScan (US), AgaMatrix Holdings LLC (US), Acon Laboratories, Inc. (US), ARKRAY USA, Inc. (US), Novo Nordisk A/S (Denmark), Becton, Dickinson, and Company (US), Sanofi (France), Terumo Corporation (Japan), SD Biosensor, Inc. (South Korea), MicroGene Diagnostic Systems Pvt. Ltd. (India), Ypsomed (Switzerland), Dr. Morepen (India), Sinocare, Inc. (China), Bionime Corporation (Taiwan), and Rossmax International Ltd. (Taiwan).

Scope of the Report

The research study analyzes the global Diabetes Care Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Diabetes Care Devices Market Report

1. What was the Diabetes Care Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of the Diabetes Care Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Diabetes Care Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.