Title: Diabetes Care Devices Market Size, Share and Industry Analysis by 2027
1Diabetes Care Devices Market
Diabetes Care Devices Market to 2027- Global
Analysis and Forecasts by Product (Glucose
Monitoring Devices and Insulin Delivery Devices)
End User (Homecare and Hospitals Clinics) and
Geography
2Market Scope
Diabetes Care Devices Market
- The global diabetes care devices market accounted
to US 23,354.3 Mn in 2018 and is expected to
grow at a CAGR of 6.1 during the forecast period
2019 2027, to account to US 39,382.3 Mn by
2027. - Asia Pacific is the fastest growing geographic
market and it is expected to be the second
largest revenue contributor throughout the
forecast period. The growth is contributed
majorly by driving factors such as significant
rise in the prevalence of diabetes across the
countries, rise in the government support for the
diabetes care. In addition, the market players
are also supporting the diabetes care in the
countries through creating awareness and various
initiatives.
3Market Segments
Diabetes Care Devices Market
4Factors Contributing to Market Growth
Diabetes Care Devices Market
- Increasing Prevalence of Obesity Across The Globe
- Growing Medical Tourism In Developing Countries
- The emerging markets in the developing countries
are the major factor which are giving better
opportunity for the major players to expand their
business. These are becoming a major reason for
the market growth in the forecast period. Most of
the market players focus on emerging market such
as Asia Pacific due to an increase in the
prevalence of diabetes and increasing popularity
of diabetes care devices in the region.
5Diabetes Care Devices Market
Strategic Insights
Product launches and up gradation were observed
as the most adopted strategy in global diabetes
care devices industry. For instance, in March
2019, Tandem Diabetes Care, Inc has announced
that it is now registered as an approved vendor
of insulin pumps and supplies under the Assistive
Devices Program (ADP) in Ontario, Canada. Thus,
the expansion move by the company is likely to
boost up the growth of its own and is likely to
contribute to the market in the coming future.
For more details, get sample PDF copy
https//www.theinsightpartners.com/sample/TIPRE000
03753/
6Leading Players
Diabetes Care Devices Market
1. BD 2. Novo Nordisk A/S 3. B. Braun Melsungen
AG 4. Insulet Corporation 5. Medtronic 6. Tandem
Diabetes Care, Inc. 7. Eli Lilly and Company 8.
Dexcom, Inc. 9. Terumo Corporation 10. F.
Hoffman-LA Roche Ltd.
7A report titled Diabetes Care Devices Market -
Opportunities and Forecasts, 2019 2027 has
been recently published by The Insight Partners.
The report makes close observations of pipeline
structure for end-to-end market around the world.
It makes an in-depth analysis of current trends,
drivers, and restraining factors that affect
financial ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from stakeholders perspective.
To know more about the Diabetes Care Devices
Market- Opportunities and Forecasts, 2019 2027
report
https//www.theinsightpartners.com/reports/diabete
s-care-devices-market
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