Diabetes Care Market 2021 | Analysis by Industry Trends, Size, Share, Company Overview, Growth, Development and Forecast

Increasing diabetic population, rising awareness about diabetes treatment and management, and favourable government initiatives are some key factors driving market revenue growth

The Global Diabetes Care Market size reached USD 20,302 Million in 2020 and is expected to register a revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Global Diabetes Care Market revenue growth is expected to be driven by key factors such as increasing prevalence of diabetes worldwide, rising awareness regarding benefits of diabetes treatment and management, and favorable government initiatives in various countries. In addition, technological advancements in medical devices and solutions, and rising prevalence of obesity are factors driving revenue growth of the market.

However, significant shortage of trained professional worldwide and challenges related to management of diabetes, including a lack of general awareness about diabetes and its complications among a sizable number of younger individuals, especially in remote areas are key factors expected to restrain revenue growth of the Global Diabetes Care Market to some extent.

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The Global DIABETES CARE Market research study is an extensive collection of insightful information about the DIABETES CARE Market industry. The report covers the DIABETES CARE Market segmentation along with a detailed outline of the DIABETES CARE Market size with regards to volume and valuation. The report provides comprehensive coverage of the DIABETES CARE Market scenario for the current period and forecast timeline of 2021-2028. The DIABETES CARE Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

Some major companies in the market report include Medtronic plc (Ireland), B. Braun (Germany), DexCom, Inc. (US), Abbott (US), F. Hoffman-La Roche Ltd. (Switzerland), Novo Nordisk A/S (Denmark), Becton, Dickinson and Company (US), Sanofi (France), Terumo Corporation, Ypsomed (Switzerland), Dr. Morepen (India), Insulet, Life Scan IP holdings, and Eli Lilly and Company

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Emergen Research has segmented Global Diabetes Care Market on the basis of device type, distribution type, end-use, and region:

Device Type Outlook (Revenue, USD Million; 2018–2028)

Blood Glucose Monitoring

Self-Monitoring Devices

Blood Glucose Meters

Test Strips

Lancelets

Continuous Glucose Monitoring Devices

Sensors

Transmitters

Receiver

Insulin Delivery Devices

Pumps

Pens

Syringes

Jet Injectors

By Distribution Channel Outlook (Revenue, USD Million; 2018–2028)

Hospital Pharmacies

Retail Pharmacies

Online Pharmacies

End-use Outlook (Revenue, USD Million; 2018–2028)

Hospitals Clinics

Homecare Settings

Diagnostic Centers

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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Valuable Market Insights:

The report highlights the latest trends observed in the consumption pattern of each regional segment.

Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.

The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Diabetes Care market.

The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

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