MarketStudyReport.com Adds New Diabetes Care Devices Market 2019 – 2027 research report providing information and data by Product, End User, Geography, Industry Analysis, Regional Outlook, Competitive Market Share & Forecast spreading across 182 Pages with table and figures in it.
Delaware, Selbyville - August 21, 2019 /MarketersMedia/ —
Global diabetes care devices market was segmented by product and end user. The product segment was further divided as glucose monitoring devices and insulin delivery devices. The glucose monitoring devices is further segmented into Glucometers, Lancets, Testing Strips and Other Glucose Monitoring Devices. The insulin delivery devices is further segmented into insulin pens, insulin syringes, insulin pumps and other insulin delivery devices. The glucose monitoring devices is expected to dominate its market share in 2027 owing to the rise in the prevalence of the diabetes. Based on the end user the diabetes care device market is segmented into hospitals and clinics and home care. The homecare held the major market share among the end user segment owing to ease of use, availability, and accessibility of insulin delivery devices.
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Obesity, sedentary lifestyle and improper diet play a major role in increasing diabetes among the population worldwide. Physical activity is important to maintain the blood glucose level. Lack of exercise and unhealthy diet such as diet high in fat and calories increase the risk for the development of obesity and diabetes. Obesity is one of the major problem and the biggest concern in all the communities across the globe. Currently, more than one in two adults and nearly one in six children are obese. Obesity is one of the major issue affect people of all ages and incomes globally. According to World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older were overweight. And out of these over 650 million adults were obese. Therefore, owing to these factors the market is likely to witness growth during the forecast period.
The global diabetes care devices market is expected to reach US$ 39,382.3 Mn in 2027 from US$ 23,354.3 Mn in 2018. The market is estimated to grow with a CAGR of 6.1% from 2019-2027.
The market is driven by the factors such as, rising incidence of diabetes, growing geriatric population, increasing prevalence of obesity across the globe, and rapid technological advancement in diabetes care devices. However, the factors restraining the market growth are high cost of diabetes care devices and risks associated with the insulin delivery devices.
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Some of the major primary and secondary sources included in the report for the diabetes care devices market are World Health Organization, American Diabetes Association, National Institute of Diabetes and Digestive and Kidney Diseases, Diabetes UK, Centers for Disease Control and Prevention, Chinese Diabetes Society, International Diabetes Federation and others.
Table of content:
1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Global Diabetes Care Devices Market - By Product
1.3.2 Global Diabetes Care Devices Market - By End User
1.3.3 Global Diabetes Care Devices Market - By Geography
2. GLOBAL DIABETES CARE DEVICES MARKET - KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
4. GLOBAL DIABETES CARE DEVICES- MARKET LANDSCAPE
4.1 OVERVIEW
4.2 PEST ANALYSIS
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East & Africa - PEST Analysis
4.2.5 South & Central America - PEST Analysis
5. DIABETES CARE DEVICES MARKET - KEY MARKET DYANAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Rising Incidence of Diabetes
5.1.2 Growing Geriatric Population
5.1.3 Increasing Prevalence of Obesity Across The Globe
5.1.4 Rapid Technological Advancements in Diabetes Care Devices
5.2 KEY MARKET RESTRAINTS
5.2.1 High Cost of Diabetes Care Devices
5.2.2 Risks Associated with the Insulin Delivery Devices
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Growing Medical Tourism In Developing Countries
5.4 FUTURE TRENDS
5.4.1 Growing Product Innovations
5.5 IMPACT ANALYSIS
6. DIABETES CARE DEVICES MARKET - GLOBAL ANALYSIS
6.1 GLOBAL DIABETES CARE DEVICES MARKET REVENUE FORECASTS AND ANALYSIS
6.2 GLOBAL DIABETES CARE DEVICES MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS
6.3 PERFORMANCE OF KEY PLAYERS
6.3.1 Medtronic
6.3.2 F. Hoffmann-La Roche Ltd.
7. GLOBAL DIABETES CARE DEVICES MARKET ANALYSIS AND FORECASTS TO 2027 - PRODUCT
7.1 OVERVIEW
7.2 DIABETES CARE DEVICES MARKET REVENUE AND FORECASTS ANALYSIS,
BY PRODUCT (US$ MN)
7.3 GLUCOSE MONITORING DEVICES MARKET
7.3.1 Overview
7.3.2 Global Glucose Monitoring Devices Market Revenue and Forecast to 2027
(US$ Mn)
7.3.3 Glucometers Market
7.3.3.1 Overview
7.3.3.2 Global Glucometers Market Revenue and Forecast to 2027 (US$ Mn)
7.3.4 Lancets Market
7.3.4.1 Overview
7.3.4.2 Global Lancets Market Revenue and Forecast to 2027 (US$ Mn)
7.3.5 Testing Strips Market
7.3.5.1 Overview
Related Report:
Global Diabetes Care Devices Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
Diabetes is a metabolic disorder that affects your pancreas ability to produce or use insulin. Insulin is a hormone secret by the beta cell of the islet of Langerhans of the pancreas. When your body turns the food which u eat into energy molecule glucose. In response to glucose, body secretes insulin which helps to transport glucose/energy to the cells. Insulin acts as a key to remaining energetic. It is a chemical message that tells the cell to open and receive glucose. If the body produces little or no insulin or are insulin resistant, too much sugar remains in your blood. Blood glucose levels are higher than normal for individuals. This results in diabetes. There are two main types of diabetes: Type 1 and Type 2. Type 1 is also known as insulin dependent diabetes mellitus whereas type 2 is known as noninsulin dependent diabetes mellitus.
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