The global Digital Diabetes Management Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.2% during the review period (2022 to 2027)
Digital Diabetes Management Market Overview
Diabetes is a chronic condition that affects glucose levels of the body. This condition mostly arises due to inability of pancreas to produce insulin or inability to maintain glucose levels in the body. Diabetes can further lead to numerous health-related problems such as chronic kidney diseases, cardiovascular diseases, and also death. Diabetes management involves devices and apps in order to manage blood glucose level in the body. Successfully tracking diabetes with the help of these devices helps in treating patients efficiently along with tracking and maintaining the records. The digital diabetes management system is helping patients for growing self-management and control the condition. Reduction of blood glucose level and sustaining lower blood glucose is one of the main challenges in managing diabetes. Thus, digital engagement can play a significant role in providing proper care for patients suffering from diabetes 1 and 2. The main factors driving the growth of the market are increase in adoption of smartphones & tablets coupled with healthcare apps and surge in the diabetic population globally. In contrast to these, the market progress is hampered by lack of awareness regarding digital diabetes management in developing countries and patient data privacy concerns. On the contrary, emerging markets offer significant opportunities for the growth of global digital diabetes management market.
Industry News
In April 2022, Dexcom launched Dexcom ONE device. The company launched the new Dexcom ONE Continuous Glucose Monitoring System in the UK.
In October 2021, LifeScan, Inc. (US) launched OneTouch Solutions. This is a holistic digital health offering linking people with diabetes to solutions and support from proven experts.
What are the major Applications, Types and Regions for Digital Diabetes Management Market?
By Type, it is segmented into
- Device
- Diabetes Apps
- Service
- Data Management Software
- Others
By Applications it is segmented into
- Hospitals
- Home Healthcare
- Other
Digital Diabetes Management Market Regional Analysis
Europe digital diabetes management market was reported for over 28% business share in 2021 and is estimated to raise at considerable rate during the analysis period. In addition, the presence of large competitors in the region, new product releases, and the introduction of better reimbursement rules are predicted to fuel the regional market progression.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Digital Diabetes Management Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Digital Diabetes Management Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Digital Diabetes Management Market Report Scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 12.2% during the review period (2022 to 2027).
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By Type
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- Device
- Diabetes Apps
- Service
- Data Management Software
- Others
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By Application
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- Hospitals
- Home Healthcare
- Others
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By Companies
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Medtronic, B. Braun, Dexcom, Abbott Laboratories, Roche Diagnostics, Insulet Corporation, Tandem Diabetes Care, Ascensia Diabetes Care, LifeScan, Tidepool, AgaMatrix, Glooko, DarioHealth
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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110
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Digital Diabetes Management Report
- Evaluate Digital Diabetes Management market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Digital Diabetes Management market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Digital Diabetes Management Market is studied from 2017 - 2027.
What is the growth rate of Digital Diabetes Management Market?
The Digital Diabetes Management Market is growing at a CAGR of 12.2% over the next 5 years.
What regions does this Digital Diabetes Management Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
