Overview:
Diabetes, also known as Diabetes Mellitus (DM), is a group of metabolic disorder in which an individual suffers from high or low levels of blood sugar for a prolonged period. Signs and symptoms include increased hunger, increased urination, and increased thirst. Diabetes may increase the risk of chronic diseases, such as cardiovascular diseases, and may also lead to life-threatening events such as heart failure or cardiac arrests. Thus, it is essential to monitor blood glucose levels at regular intervals, with the help of diabetes monitoring devices.
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Drivers:
Increasing prevalence of diabetes and rise in obese population across the world is expected to fuel the global diabetes monitoring devices market growth. According to the International Diabetes Federation, in 2015, around 415 million people are suffering from diabetes and this number is expected to reach around 642 million by 2040.
Moreover, introduction of technologically advanced diabetes monitoring devices, as well as introduction of smaller and convenient diabetes monitoring devices is expected to propel the growth of the global diabetes monitoring devices market. Furthermore, the popularity of blood glucose monitoring devices is increasing with a rapid pace, as they help monitor insulin and glucose levels in diabetic patients. For instance, in March 2017, Medtronic announced the launch of MiniMed 670G hybrid closed-loop system with SmartGuard technology to maintain the blood sugar level appropriate in patients with Type-1 diabetes.
Moreover, key players active in the market are adopting various strategies, such as partnership and collaboration, to strengthen their product portfolio. For instance, in 2016, Medtronic teamed up with Fitbit to integrate physical activity data with blood glucose levels into one streamlined application. People living with type 2 diabetes now be able to see the connection between their exercise and glucose levels.
Regional analysis:
North America is expected to witness robust growth in the global diabetes monitoring devices market due to the introduction innovative products with varied features and specification. For instance, in 2017, the Food and Drug Administration (FDA) approved Abbott’s FreeStyle Libre Flash Glucose Monitoring System to monitor blood glucose levels. Moreover, in 2017, Fitbit launched a wearable device to monitor blood glucose levels with the help of small biosensors integrated within the device.
Key players:
Major players active in the global diabetes monitoring devices are Bigfoot Biomedical, Cnoga Medical, Arkay, Inc., MediWise, Abbott Laboratories, Dexcom, Sanofi, Medtronic, and Bayer Healthcare AG.
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Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Indication
- Market Snippet, By Approach
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Key Highlights
- Reimbursement Scenario
- Technological Advancements
- Recent FDA Approvals
- FDA Guidelines for Diabetes Monitoring Devices Market
- Epidemiology
- Market Dynamics
- Global Diabetes Monitoring Devices Market, By Product Type, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2016 – 2025
- Segment Trends
- Self-Monitoring Blood Glucose Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Continuous Glucose Monitoring Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Introduction
- Global Diabetes Monitoring Devices Market, By Indication, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2016 – 2025
- Segment Trends
- Type-I Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Type-II Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Gestational Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Introduction
- Global Diabetes Monitoring Devices Market, By Approach, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2016 – 2025
- Segment Trends
- Invasive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Non-Invasive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Introduction
- Global Diabetes Monitoring Devices Market, By End User, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2016 – 2025
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Home Care Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Million)
- Introduction
- Global Diabetes Monitoring Devices Market, By Region, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, For Region, 2016 – 2025
- North America
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Indication, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Approach, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Indication, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Approach, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Indication, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Approach, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Indication, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Approach, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Indication, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Approach, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Indication, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Approach, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2015 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Million)
- South Africa
- Central Africa
- North Africa
- Introduction
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