Global Digital Health in Diabetes Management Market


  • Type: Service area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 1075

  • Format: PPT, PDF

Global Digital Diabetes Management Market: Segmented by Product (Device (Smart Glucometer, CGM, Insulin Pump & Patch), Diabetes Apps, Service, Data Management Software), by Device Type (Hand-held & Wearables), by End User (Hospitals & Self/home healthcare) – Global Forecast till 2028

SKU: 1075 Categories: ,

Report Overview

The digital diabetes management market size stood at around USD 6.87 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

The rising prevalence of diabetes has increased the focus on the development and adoption of better solutions for diabetes care. Also, advancements in technologies have ensured the introduction of highly flexible solutions in the market. These are the major factors driving the growth of the global digital diabetes management market. The increasing adoption of cloud-based enterprise solutions and the growing use of connected devices and apps are some of the other major factors supporting market growth.


Market Growth Drivers

Increasing prevalence of diabetes: The major risk factors for diabetes include stress, sedentary lifestyles, unhealthy diets, and obesity. Aging-related physiological changes are also a significant contributor to the risk of diabetes. For instance, according to the World Population Aging Report 2017, the global population aged 60 and over increased from 962 million in 2017 to 1.9 billion in 2045. However, the diabetes prevalence for people more than age 60 is 18.5% in 2017. The number of elderly people with diabetes is around 177.4 million in 2017 and expected to increase up to 337.8 million in 2045. Therefore, the growing geriatric population, coupled with increasing population exposure to key risk factors, is expected to drive the demand for digital diabetes management solutions across major markets.

1. Global Digital Diabetes Management Market Overview…………………………
A. Market Size
2. Market Growth Drivers………………………………………………………………….
A. Increasing Prevalence of Diabetes
B. Technological Advancements
C. Growing Adoption of Cloud-Based Enterprise Solutions for Diabetes Management
D. Increasing Penetration of Digital Platforms and Adoption of Mobile Apps for Diabetes Management
3. Digital Diabetes Management Market Industry Trends…………………………
A. Growing Demand for Hybrid Closed-Loop Systems/Artificial Pancreas Device Systems
B. Increasing Demand for Flash Glucose Monitoring (FGM) Systems
4. Digital Diabetes Management Market Segmentation……………………………
A. Application
I. Digital Diabetes Management Apps
II. Diabetes and Blood Glucose Tracking Apps
III. Weight and Diet Management Apps
B. Geography
I. North America Market Analysis
II. Europe Market Analysis
III. Asia-Pacific Market Analysis
IV. Middle-East and Africa Market Analysis
V. South America Market Analysis
5. Digital Diabetes Management Major Products………………………………
A. Market Analysis, Insights and Forecast
6. Competitive Landscape……………………………………………………………
A. Major Players
B. Competitive Situations and Trends
7. Key Company Profiles…………………………………………………………………..
A. Medtronic Company overview, Product & Services, Strategies & Financials
B. F. Hoffmann-La Roche Company overview, Product & Services, Strategies & Financials
C. Dexcom, Inc. Company profile, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth………………………………………………………
A. New Trends and Recent Development
B. Future Opportunities
10. Conclusion

Market Segmentation

By Device:

Based on devices, the smart glucose meters segment is levelling up the growth rate of the market. The continuous glucose monitoring meters’ segment is expected to grow at a healthy CAGR during the forecast period due to their consistency with smart devices, which acts as display devices, also favourable government policies in developed countries in promoting CGM systems. The smart insulin pens segment is to have lucrative possibilities to explore to the next level due to factors like the growing number of product launches related to the digital healthcare of AI.

Wearable devices segment to account for the largest CAGR during the forecast period:

The increasing awareness about glucose monitoring; growth in the number of regulatory approvals for CGM systems; development of advanced wearable products such as closed-loop pump systems and smart insulin patches (and pipeline devices such as contact lenses and smartwatches synced with glucometers); and the growing adoption of smart insulin pumps and insulin patches for self-insulin delivery are the major factors driving the growth of the wearable devices market.

By Application:

Based on applications, diabetes & blood glucose tracking apps category is dominating with the most significant shares of the market. The rise in the concern towards health care is escalating the demand of the market. The weight and diet management segment is expected to hold a considerable share of the market over the period, which is attributed due to factors such as growing awareness about chronic diseases like diabetes and other difficulties related to it.

By Region:

Regionally, North America was accounted for the dominating shares of the global digital diabetes management market in 2019. Increasing capital income in both developed and developing countries is fuelling the demand for the regional market. Within North America, the United States led the market in the past years, and dominance is expected to continue during the foreseen period. The Canadian market is projected to perform well as the diabetic population in this country is growing at a significant pace.

The Asia Pacific is positioned second in leading the highest shares of the market. Rising populations and the emergence of the latest technologies in the medical sector are escalating the growth of the market. Growing support from the government by changing policies in favour of the ordinary people is gearing up the demand of the market.

Europe is accounted for to be having the fastest growth rate. It is estimated to hit the highest CAGR in the coming years with the increasing number of research institutes to develop new devices is broadening the demand of this market.

The Middle East and Africa are deemed to have substantial growth opportunities in the coming years.

Key Market Players

Leading companies operating in the global digital diabetes management market are Medtronic (Ireland), B. Braun (Germany), Dexcom (United States), Abbott Laboratories (United States), Roche Diagnostics (Switzerland), Insulet Corporation (United States), Tandem Diabetes Care (United States), Ascensia Diabetes Care (Switzerland), LifeScan (United States), Tidepool (United States), AgaMatrix (United States), Glooko Inc. (United States), and DarioHealth (Israel).



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

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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.

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