Albany, NY -- (SBWIRE) -- 12/15/2017 -- According to the research report, the global diabetes devices market is expected to be worth US$66,053.1 mn by the end of 2025 from US$37,220.8 mn in 2016. During the forecast period of 2017 and 2025, the global market is expected to rise at a CAGR of 6.7%. Out of the wide range of products to manage diabetes, the global market is likely to be driven by glucose monitoring devices and the products available under this segment. As of 2016, the blood glucose meters held a share of 59.1% in terms of revenue in the global market. Geographically, the global market is dominated by North America due to higher awareness about the disease.

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The global Diabetes Devices Market is segmented on the basis of Product Type,Distribution Channel,Region.

Depending on the product type the global diabetes devices market includes Glucose Monitoring Devices, Insulin Delivery Devices, Diabetes Monitoring Software and Artificial Pancreas System. The Glucose Monitoring Devices includes four main sub-segments viz. self -monitoring blood glucose meters, blood glucose testing strips, lancets and continuous glucose monitoring meters. Insulin delivery devices segment includes insulin syringes, insulin pens and insulin pumps. The Glucose Monitoring Devices segment is projected to be a highly attractive segment of the global diabetes devices market during the forecast period. The segment is anticipated to be expand at a CAGR of 6.7% during the forecast period. Self- monitoring blood glucose meters segment contributes maximum share to the global diabetes devices market in terms of revenue. High prevalence of diabetes due to factors such as lifestyle changes, high life expectancy and increased urbanization drives this segment of the Diabetes Devices market as people have become more careful about their health conditions and thus regularly monitor their blood glucose levels.

Based on the distribution channel, the global diabetes devices market is segmented into hospital pharmacies, retail pharmacies, online pharmacies, and diabetes clinics/centers. The hospital pharmacy segment contributes maximum share in terms of revenue in the forecast period.

Geographically, the global diabetes devices market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, the regions have been further segmented by major countries from each region.

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Summary of Table of Content

1. Preface
2. Assumptions and Research Methodology
3. Executive Summary : Global Diabetes Device Market
4. Market Overview
5. Global Diabetes Device Market Analysis and Forecasts, By Product Type
6. Global Diabetes Device Market Analysis and Forecasts, By Distribution Channel
7. Global Diabetes Device Market Analysis and Forecasts, By Region
8. North America Diabetes Device Market Analysis and Forecast
9. Europe Diabetes Device Market Analysis and Forecast
10. Asia Pacific Diabetes Device Market Analysis and Forecast
11. Middle East & Africa Diabetes Device Market Analysis and Forecast
12. Latin America Diabetes Device Market Analysis and Forecast
13. Competition Landscape

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