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Diabetic Care Market Demand, Technology, Growth, Product, Trends, Insights, Outlook, Analysis, Share and Forecasts Report 2027

The report offers a Diabetic Care Market detailed statistical evaluation and accurate market data, viz., market share, CAGR, gross margin, revenue, consumption, production and sales.


Vancouver, BC -- (SBWIRE) -- 02/05/2021 -- The Global Diabetic Care Market was valued at USD 22.70 Billion in 2019 and is forecasted to reach USD 41.71 Billion by 2027 at a CAGR of 7.9%. Diabetes care devices are utilised to determine blood sugar levels in the body owing to insulin production. Care is being provided for diabetic patients to extensively monitor blood glucose levels and improve treatment for this chronic condition. As per the International Diabetes Federation, the worldwide diabetic population is likely to touch 700 million by 2045 from around 463 million in 2019. Although the monitoring devices accounted for the largest market share in 2019, the insulin delivery devices are likely to grow at a prominent CAGR of 8.9% throughout the forecasted period. The home care section is predicted to register a CAGR of 7.6% throughout the forecasted period because of the increasing adoption of self-blood sugar level observance devices coupled with rising awareness regarding diabetes care. Moreover, the online pharmacies segment is expected to register a market valuation of USD 262.7 million in 2017

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The report relies on advanced primary and secondary research methodologies to assess information. The data for the study is gathered from reliable and trustworthy sources, ensuring the authenticity and accuracy of the research study. We also employ qualitative and quantitative analysis to deliver a comprehensive and all-encompassing research study on the global Diabetic Care market. The report also comprises of SWOT analysis, PESTLE analysis, and Porter's Five Forces Model analysis, to offer the reader with a complete and all-inclusive study of crucial segments of the global Diabetic Care market.

The global Diabetic Care market has been categorized based on the product type, application, and region. Our expert analysts undertake a thorough assessment of all of the segments included in the report and analyze them based on their market share, revenue, market growth rate, and other vital factors. The segmentation allows the interested parties to determine sectors in the global Diabetic Care market with high growth prospects and understand the growth strategies adopted by leading segments during the forecast period.

Key participants include Medtronic plc, B. Braun, DexCom, Inc., Abbott, F. Hoffman-La Roche Ltd., Ascensia Diabetes Care Holdings AS, LifeScan, Dickinson and Company, MicroGene Diagnostic Systems Pvt. Ltd., AgaMatrix Holdings LLC and Acon Laboratories, Inc. among others.

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Diabetic Care Market Report Objectives
Examine the size of the global Diabetic Care market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Diabetic Care market.
Explore the underlying dynamics of the global Diabetic Care market.
Highlight significant trends of the global Diabetic Care market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Diabetic Care market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Diabetic Care market.
Forecast the market size and share of all segments and regions in the global landscape.

Diabetic Care Market Drivers
Major factors include rapid international research collaboration and the growth of the diabetes-affected patient base; also, the government is taking initiatives to provide better health services and better opportunities for other major market players. Technological development in the market can provide robust results to the market. The rising prevalence of diabetic patients in the world is a major factor for the development of diabetes care devices. Additionally, the need for new technologies like round-the-clock self-monitoring, glucose level monitoring, innovation, and software and sensors is lucratively increasing, making it convenient for consumers. Changing lifestyles and obesity are also some of the major factors influencing the market demand of this sector.

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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market's growth?

Diabetic Care Market Regional Landscape
North America emerged as the dominator of the diabetes care devices market owing to a large number of patients and the reimbursement potential. The Asia Pacific accounted for the largest share in the diabetes care devices market in 2020. This dominance can be attributed to the high population of diabetics in the country and increasing government investment for diabetes management and the diabetes care devices industry. India is estimated to register the fastest growth over the forecast period, mainly owing to opportunities presented by the country, majorly in terms of the growing usage of mHealth (mobile health), which supports the diabetes management mobile applications segment.

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Diabetic Care Market Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources

Diabetic Care Market Device Outlook (Revenue, USD Billion; 2017-2027)
Monitoring Devices
Insulin Pumps
Insulin Syringes
Insulin Cartridges
Disposable Pens
Jet Injectors

Diabetic Care Market Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Hospital Pharmacies
Retail Pharmacies
Diabetes Clinics
Online Pharmacies

Diabetic Care Market End User Outlook (Revenue, USD Billion; 2017-2027)
Diagnostic Centers

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Table of Content
Chapter 1. Methodology & Sources
1.1. Diabetic Care Market Definition
1.2. Diabetic Care MarketResearch Scope
1.3. Diabetic Care MarketMethodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Diabetic Care Market Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Diabetic Care Market Segmentation & Impact Analysis
Chapter 5. Diabetic Care Market By Devices Insights & Trends, Revenue (USD Million)
Chapter 6. Diabetic Care Market By Distribution Channel Insights & Trends Revenue (USD Million)
Chapter 7. Diabetic Care Market By End User Insights & Trends Revenue (USD Million)
Chapter 8. Diabetic Care Market Regional Outlook