Germany Digital Health in Diabetes – Market Analysis

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  • Type: Service area
  • Published : May 2021
  • Region: Europe
  • Country: Germany
  • Report ID : 4232

  • Format: PPT, PDF

Germany Digital Diabetes Market: Segmented by Products & Services, Types & End-users – Growth, Trends, and Forecasts (2019 – 2028)

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Report Overview

Germany’s Digital Diabetes market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Due to an ageing population and unhealthy lifestyle, the prevalence of type 2 diabetes is expected to increase steadily over the next few years. High-quality care, including adequate monitoring, control of risk factors and active self-management are the key factors for preventing costly and burdensome micro and macrovascular complications in German patients with type 2 diabetes. With the rising incidences of diabetic problems, various digital care solutions have been introduced in the country to help people with diabetes.

Robert Koch Institute (RKI), The German federal disease control and prevention research institute has been developing a public health surveillance system. It focuses on long-term data, collection of comparable and ensuring the establishment of efficient surveillance structures for monitoring relevant indicators of diabetes.

Market Drivers

Increasing geriatric population and rising number of diabetic patients is expected to boost the market growth. Increasing awareness about diabetes preventive care coupled with rising usage of wearable diabetes devices are driving the market expansion. Diabetes patients are now preferring smart diabetes devices that can assist with real-time blood glucose reading and help in taking timely decisions. These devices are user-friendly and allow patients to perform their daily activities. Moreover, launch of several diabetes awareness campaigns by governments is also augmenting the market value. Rising number of product launches is thriving the digital diabetes management market revenue. The industry leaders in digital diabetes space are continuously innovating their products and are launching advanced products in the market. The digital diabetes devices are becoming more integral part of people with diabetes for better disease management. The companies in the industry are developing new systems to appeal broad spectrum of potential users.

1. Germany Digital Diabetes Market Overview………………………………
A. Market Size
2. Market Drivers………..………………………………….………….
A. Rising prevalence
B. Innovation in digital space
C. Increasing geriatric population
3. Digital Diabetes Market Segmentation…………………………………
A. By Products & Services
a. Devices
b. Digital diabetes management apps
c. Data management software and platforms
d. Digital services
B. By Type
a. Wearable devices
b. Handheld devices
C. By End-user
a. Home care settings
b. Diabetes clinics
c. Academic & research institutes
d. Others
4. Digital Diabetes Major Products Market Share………………………………
A. Market Analysis, Insights and Forecast – By Revenue
5. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
6. Key Company Profiles…………………………………………………………………..
A. Abbott Company overview, Product & Services, Strategies & Financials
B. Agamatrix Company overview, Product & Services, Strategies & Financials
7. Digital Diabetes Market Industry Trends………………………………………
A. Growing Demand for Hybrid Closed-Loop Systems/Artificial Pancreas Device Systems
B. Increasing Demand for Flash Glucose Monitoring (FGM) Systems
8. Healthcare Policies and Regulatory Landscape……………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth………………………………………………
A. New Trends and Developments
B. Future Opportunities
10. Conclusion

By Products & Services:

Based on product & services, the market is segmented into

  • Devices
  • Digital diabetes management apps
  • Data management software and platforms
  • Digital services

In 2019 devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026.In February 2019, LifeScan Inc announced result of OneTouch Select Plus, a blood glucose monitoring system which showed that long term clinical accuracy of the OneTouch Select Plus blood glucose test strip platform and highlights the products consistently accurate performance.

By Type:

Based on type, the market is segmented into wearable devices & handheld devices.

In 2019 wearable devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026. In 2018, In October, AgaMatrix Inc and Arcadia Group announced strategic partnership for blood glucose monitoring (BGM) technology. By this partnership, company strengthens the brand portfolio.

By End-user:

Based on end user, the market is segmented into

  • Home care settings
  • Diabetes clinics
  • Academic & research institutes
  • Others

In 2019, home care settings segment is growing at the highest CAGR in the forecast period of 2019 to 2026.

Major Players

Key players operating in the Germany Digital Diabetes market are Abbott, PHC Holdings Corporation, Sanofi, Dexcom, Inc, Medtronic, B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd, Insulet Corporation, Tandem Diabetes Care, Lifescan, Inc, Agamatrix, Inc, Glooko, Inc, GlucoMe, Becton Dickinson and Company, Dexcom, Voluntis, Smart Meter LLC among others.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

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Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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