Hyderabad, India -- (SBWIRE) -- 01/18/2018 -- According to a new market research report "Diabetes Care Market by Device Type (Glucose Monitoring Devices, Insulin Delivery Systems and Control Solutions)- Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 22.80 billion by 2022 from USD 17.26 billion in 2017, at a CAGR of 5.73%. Factors driving the growth of this market include the rising geriatric population and rapid R&D innovation owing to the increasing awareness about diabetes.

Browse Market Data Tables and Figures spread through 160 Pages and in-depth TOC on "Diabetes Care Market"

https://marketdataforecast.com/market-reports/global-diabetes-care-devices-market-96/

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Discuss the opportunities of the market

Based on type the market has been segmented in to Diabetes monitoring devices, Diabetes Control Solutions and Insulin delivery Systems. The monitoring devices segment accounts for the largest market share owing to their growing use for the identification and monitoring of diabetes.

The monitoring devices segment is expected to dominate the market in 2017

The Diabetes Monitoring Devices market is further segmented into CGM Systems and Self Blood Glucose Monitoring Devices. Insulin Delivery Systems is further segregated under Insulin Pumps, Jet Injectors, Insulin Pens, and Insulin Syringes. The insulin delivery systems segment is expected to grow at the highest CAGR.

North America is estimated to command the largest share of the market

Based on region, the Diabetes Care Market is segmented into North America, Europe, Asia, and Rest of the World (RoW). North America is expected to dominate the Diabetes Care Market in 2017. This is attributed to factors such as accessibility to advanced technologies and opportunities for advanced Diabetes Care products in the region as compared to other regions.

Key players in the Diabetes Care Market include Roche Diagnostics, Johnson & Johnson, Bayer AG, Abbott Laboratories, Ypsomed AG, Medtronic plc Insulet Inc., Tandem Diabetes Care,Dexcom and Terumo Corp.

The scope of the report provides:

The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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