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Diabetes Care Devices Market by Product [Blood Glucose Monitoring Devices (Testing strips, Self-monitoring blood glucose meters, Lancets, Continuous glucose monitors), and Insulin Delivery Devices (Insulin syringes, Insulin pens, Insulin pumps, Insulin jet injectors)] - Global Opportunity Analysis and Industry Forecasts, 2017-2023

LI_172842
Pages: 120
Aug 2017 | 2014 Views
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Author's : Amrita Srivastava and Pallavi Jaiswal
Tables: 45
Charts: 18
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Diabetes Care Devices Market Overview:

Global Diabetes Care Devices Market was valued at $6,867 million in 2016, and is estimated to reach $10,208 million by 2023, growing at a CAGR of 5.8% from 2017 to 2023. Diabetes care devices are used to monitor the level of glucose into a diabetic patient’s body. These devices also facilitate in delivery of insulin into the patient’s body.

Increase in the incidence rate of diabetes caused by rapid urbanization and sedentary lifestyle is the major factor that drives the growth of the diabetes care devices market. In addition, technological advancements in the field of diabetes devices, rise in obese population, consumption of junk food, and surge in need for faster and safer diagnosis and treatment of diabetes are further expected to boost the market growth. However, blood glucose monitoring devices do not measure the exact level of glucose in blood and give a range in which the blood glucose level of a patient may lie. In addition, adverse effects associated with some of the diabetes care devices also hinder the market growth. Rise in awareness about diabetes monitoring devices and untapped market opportunities in the developing regions are expected to provide numerous opportunities for the market growth.

Diabetes Care Devices Market Segmentation

Diabetes Care Devices Market Segmentation

Segment Review

The blood glucose monitoring devices experience rapid growth due to rise in the prevalence of diabetes, increase in geriatric population, high demand of self-care, and technological advancements in blood glucose monitoring devices. In addition, increase in online marketing strategies by key vendors fosters the growth of blood glucose monitoring devices.

Diabetes Care Devices Market, by Product, 2016 (%)

Diabetes Care Devices Market, By Product, 2016 (%)

Snapshot of LAMEA Diabetes Care Devices Market

According to IDF seventh Edition, about 29.6 million of the adult population in the South and Central America regions suffered from diabetes in 2015, of which, about 39.0% of them were undiagnosed. The presence of large number of people with diabetes in this region and developing healthcare facilities are expected to fuel the market growth.

According to the United Nation’s World Population Ageing Report, around 42.4 million people in Africa and 42.7 million people in Latin America and Caribbean belonged to the age group of 60 years and above. In addition, the purchasing power has increased in the region, which fuel the growth of the diabetes care devices market. Moreover, government organizations in this region have focus to improve the healthcare infrastructure by increased funding, which boosts the growth of the diabetes care devices market in LAMEA.

Saudi Arabia Diabetes Care Devices Market, 2016-2023 ($Million)

Saudi Arabia Diabetes Care Devices Market, 2016-2023 ($Million)

The list of key players profiled in this report include Abbott Laboratories, ACON Laboratories, Inc., Ascensia Diabetes Care Holdings AG (formerly diabetes case business of Bayer AG), Becton, Dickinson and Company, Dexcom, Inc., F. Hoffmann-La Roche Ltd, Johnson & Johnson, Medtronic plc, Novo Nordisk A/S, and Terumo Corporation.

Key players in the value chain include Arkray, Inc., Echo Therapeutics, Inc., Glysens Incorporated, Insulet Corporation, Sanofi, and Ypsomed AG.  

Key Benefits :

  • The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
  • The report provides information about the current and upcoming trends in the market from 2016 to 2023, which helps determine the prevailing opportunities.
  • Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
  • Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global and regional scale are provided.
  • Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global market.

Diabetes Care Devices Market Key Segments:

By Product

  • Blood Glucose Monitoring Devices
    • Testing Strips
    • Self-monitoring Blood Glucose Meters
    • Lancets
    • Continuous Blood Glucose Monitoring Devices
  • Insulin Delivery Devices
    • Insulin Syringes
    • Insulin Pens
    • Insulin Pumps
    • Insulin Jet Injectors

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.2.2.1. Competitive intelligence of companies and their strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. MARKET DYNAMICS

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.4.4. Impact analysis

3.5. CLINICAL TRIALS

Chapter: 4 GLOBAL DIABETES CARE DEVICES MARKET, BY PRODUCT

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. BLOOD GLUCOSE MONITORING DEVICES

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.2.4. Testing Strips

4.2.4.1. Market size and forecast

4.2.5. Self-monitoring Blood Glucose Meters

4.2.5.1. Market size and forecast

4.2.6. Lancets

4.2.6.1. Market size and forecast

4.2.7. Continuous Glucose Monitors

4.2.7.1. Market size and forecast

4.3. INSULIN DELIVERY DEVICES

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.3.4. Insulin Syringes

4.3.4.1. Market size and forecast

4.3.5. Insulin Pens

4.3.5.1. Market size and forecast

4.3.6. Insulin Pumps

4.3.6.1. Market size and forecast

4.3.7. Insulin Jet Injectors

4.3.7.1. Market size and forecast

Chapter: 5 DIABETES CARE DEVICES MARKET, BY REGION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. NORTH AMERICA

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast
5.2.4. U.S.
5.2.5. Canada
5.2.6. Mexico

5.3. EUROPE

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
5.3.4. Germany
5.3.5. France
5.3.6. UK
5.3.7. Italy
5.3.8. Spain
5.3.9. Rest of Europe

5.4. ASIA-PACIFIC

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast
5.4.4. Japan
5.4.5. China
5.4.6. India
5.4.7. Australia
5.4.8. South Korea
5.4.9. Rest of Asia-Pacific

5.5. LAMEA

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast
5.5.4. Brazil
5.5.5. South Africa
5.5.6. Saudi Arabia
5.5.7. Rest of LAMEA

Chapter: 6 COMPANY PROFILES

6.1. ABBOTT LABORATORIES

6.1.1. Company overview
6.1.2. Operating business segments
6.1.3. Business performance
6.1.4. Key strategic moves and developments

6.2. ACON LABORATORIES, INC.

6.2.1. Company overview
6.2.2. Operating business segments
6.2.3. Business performance
6.2.4. Key strategic moves and developments

6.3. ASCENSIA DIABETES CARE HOLDINGS AG

6.3.1. Company overview
6.3.2. Operating business segments
6.3.3. Key strategic moves and developments

6.4. BECTON, DICKINSON AND COMPANY

6.4.1. Company overview
6.4.2. Operating business segments
6.4.3. Business performance
6.4.4. Key strategic moves and developments

6.5. DEXCOM, INC.

6.5.1. Company overview
6.5.2. Operating business segments
6.5.3. Business performance
6.5.4. Key strategic moves and developments

6.6. F. HOFFMANN-LA ROCHE LTD.

6.6.1. Company overview
6.6.2. Operating business segments
6.6.3. Business performance
6.6.4. Key strategic moves and developments

6.7. JOHNSON & JOHNSON

6.7.1. Company overview
6.7.2. Operating business segments
6.7.3. Business performance
6.7.4. Key strategic moves and developments

6.8. MEDTRONIC PLC

6.8.1. Company overview
6.8.2. Operating business segments
6.8.3. Business performance
6.8.4. Key strategic moves and developments

6.9. NOVO NORDISK A/S

6.9.1. Company overview
6.9.2. Operating business segments
6.9.3. Business performance
6.9.4. Key strategic moves and developments

6.10. TERUMO CORPORATION

6.10.1. Company overview
6.10.2. Operating business segments
6.10.3. Business performance
6.10.4. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 2. BLOOD GLUCOSE MONITORING DEVICES MARKET, BY TYPE, 2016-2023, ($MILLION)
TABLE 3. BLOOD GLUCOSE MONITORING DEVICES MARKET, BY REGION, 2016-2023, ($MILLION)
TABLE 4. BLOOD GLUCOSE MONITORING DEVICES, BY COUNTRY, 2016-2023, ($MILLION)
TABLE 5. INSULIN DELIVERY DEVICES, BY TYPE, 2016-2023, ($MILLION)
TABLE 6. INSULIN DELIVERY DEVICES, BY REGION, 2016-2023, ($MILLION)
TABLE 7. INSULIN DELIVERY DEVICES, BY COUNTRY, 2016-2023, ($MILLION)
TABLE 8. DIABETES CARE DEVICES MARKET, BY REGION, 2016-2023, ($MILLION)
TABLE 9. NORTH AMERICA DIABETES CARE DEVICES MARKET, BY COUNTRY, 2016-2023, ($MILLION)
TABLE 10. NORTH AMERICA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 11. U.S. DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 12. CANADA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 13. MEXICO DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 14. EUROPE DIABETES CARE DEVICES MARKET, BY COUNTRY, 2016-2023, ($MILLION)
TABLE 15. EUROPE PTCA BALLOON CATHETERS MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 16. GERMANY DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 17. FRANCE DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 18. UK DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 19. ITALY DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 20. SPAIN DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 21. REST OF EUROPE DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 22. ASIA-PACIFIC DIABETES CARE DEVICES MARKET, BY COUNTRY, 2016-2023, ($MILLION)
TABLE 23. ASIA-PACIFIC DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 24. JAPAN DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 25. CHINA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 26. INDIA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 27. AUSTRALIA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 28. SOUTH KOREA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 29. REST OF ASIA-PACIFIC DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 30. LAMEA DIABETES CARE DEVICES MARKET, BY COUNTRY, 2016-2023, ($MILLION)
TABLE 31. LAMEA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 32. BRAZIL DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 33. SOUTH AFRICA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 34. SAUDI ARABIA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 35. REST OF LAMEA DIABETES CARE DEVICES MARKET, BY PRODUCT, 2016-2023, ($MILLION)
TABLE 36. ABBOTT LABORATORIES: COMPANY SNAPSHOT
TABLE 37. ACON LABORATORIES, INC.: COMPANY SNAPSHOT
TABLE 38. ASCENSIA DIABETES CARE HOLDINGS AG: COMPANY SNAPSHOT
TABLE 39. BECTON, DICKINSON AND COMPANY: COMPANY SNAPSHOT
TABLE 40. DEXCOM, INC.: COMPANY SNAPSHOT
TABLE 41. F. HOFFMANN-LA ROCHE LTD.: COMPANY SNAPSHOT
TABLE 42. JOHNSON & JOHNSON: COMPANY SNAPSHOT
TABLE 43. MEDTRONIC PLC: COMPANY SNAPSHOT
TABLE 44. NOVO NORDISK A/S: COMPANY SNAPSHOT
TABLE 45. TERUMO CORPORATION: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 1. DIABETES CARE DEVICES MARKET SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKETS
FIGURE 3. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION, (2014-2016)
FIGURE 4. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 5. TOP COMPANIES AND THEIR STRATEGIES
FIGURE 6. DETAILED STRUCTURE OF COMPANIES AND NATURE OF STRATEGIES
FIGURE 7. DETAILED STRUCTURE OF COMPANIES AND TYPE OF STRATEGIES
FIGURE 8. MARKET SHARE ANALYSIS, DIABETES CARE DEVICES MARKET, 2016
FIGURE 9. IMPACT ANALYSIS: DIABETES CARE DEVICES MARKET
FIGURE 10. TOTAL NUMBER OF CLINICAL TRIALS IN DIABETES CARE DEVICES MARKET
FIGURE 11. TESTING STRIPS MARKET, 2016-2023 ($MILLION)
FIGURE 12. SELF-MONITORING BLOOD GLUCOSE METERS MARKET, 2016-2023 ($MILLION)
FIGURE 13. LANCETS MARKET, 2016-2023 ($MILLION)
FIGURE 14. CONTINUOUS GLUCOSE MONITORS MARKET, 2016-2023 ($MILLION)
FIGURE 15. INSULIN SYRINGES MARKET, 2016-2023 ($MILLION)
FIGURE 16. INSULIN PENS MARKET, 2016-2023 ($MILLION)
FIGURE 17. INSULIN PUMPS MARKET, 2016-2023 ($MILLION)
FIGURE 18. INSULIN JET INJECTORS MARKET, 2016-2023 ($MILLION)

 

The adoption of diabetes care devices is expected to increase in the near future, owing to high prevalence rate of diabetes, rise in geriatric population, technological advancements in diabetes care devices, and changes in lifestyle of people which leads to diabetes. The diabetes care devices gain popularity among patients as well as healthcare providers, owing to the benefits associated with these devices and their easy operation. However, there can be adverse effects of some of these devices in few patients, which restrain the market growth. Asia-Pacific and LAMEA are expected to offer lucrative opportunities to market players throughout the forecast period. North America is expected to dominate the global diabetes care devices market in the near future, followed by Europe.

 

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