Diabetes Care Devices Market to Witness Phenomenal Growth by 2027

1. Diabetes Care Devices Market Diabetes Care Devices Market to 2027- Global Analysis and Forecasts by Product (Glucose Monitoring Devices and Insulin Delivery Devices); End User (Homecare and Hospitals & Clinics) and Geography

2. Diabetes Care Devices Market Market Scope • The global diabetes care devices market accounted to US$ 23,354.3 Mn in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period 2019 – 2027, to account to US$ 39,382.3 Mn by 2027. • Asia Pacific is the fastest growing geographic market and it is expected to be the second largest revenue contributor throughout the forecast period. The growth is contributed majorly by driving factors such as significant rise in the prevalence of diabetes across the countries, rise in the government support for the diabetes care. In addition, the market players are also supporting the diabetes care in the countries through creating awareness and various initiatives.

3. Diabetes Care Devices Market MarketSegments

4. Diabetes Care Devices Market Factors Contributing to MarketGrowth • Increasing Prevalence of Obesity Across The Globe • Growing Medical Tourism In Developing Countries • The emerging markets in the developing countries are the major factor which are giving better opportunity for the major players to expand their business. These are becoming a major reason for the market growth in the forecast period. Most of the market players focus on emerging market such as Asia Pacific due to an increase in the prevalence of diabetes and increasing popularity of diabetes care devices in the region.

5. Diabetes Care Devices Market Strategic Insights Product launches and up gradation were observed as the most adopted strategy in global diabetes care devices industry. For instance, in March 2019, Tandem Diabetes Care, Inc has announced that it is now registered as an approved vendor of insulin pumps and supplies under the Assistive Devices Program (ADP) in Ontario, Canada. Thus, the expansion move by the company is likely to boost up the growth of its own and is likely to contribute to the market in the coming future. For more details, get sample PDF copy: https://www.theinsightpartners.com/sample/TIPRE00003753/

6. Diabetes Care Devices Market LeadingPlayers 1. BD 2. Novo Nordisk A/S 3. B. Braun Melsungen AG 4. Insulet Corporation 5. Medtronic 6. Tandem Diabetes Care, Inc. 7. Eli Lilly and Company 8. Dexcom, Inc. 9. Terumo Corporation 10. F. Hoffman-LA Roche Ltd.

7. “ A report titled “Diabetes Care Devices Market - Opportunities and Forecasts, 2019 – 2027 ” has been recently published by The Insight Partners. The report makes close observations of pipeline structure for end-to-end market around the world. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective. ” To know more about the Diabetes Care Devices Market- Opportunities and Forecasts, 2019– 2027report: https://www.theinsightpartners.com/reports/diabetes-care-devices-market Follow uson ThankYou