Diabetes Monitoring Devices Market Size, Share, Trends, Growth and Forecast 2032
Diabetes Monitoring Devices Market - By Product (Lancing Devices, Testing Strips, and Blood Glucose Meters), By Distribution Channel (Institutional Sales and Retail Sales), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 21.98 Billion | USD 47.94 Billion | 8.1% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Type
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
- 2.2. Diabetes Monitoring Devices Market: Snapshot
- Chapter 3. Global Diabetes Monitoring Devices Market– Product Analysis
- 3.1. Diabetes Monitoring Devices Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Rise in the intake of alcohul due to stress caused as a result of hectic work schedule will prompt the expansion of diabetes monitoring devices industry over the upcoming years.
- 3.2.2. Surge in the diabetics across the globe and launching of new & low cost diabetes monitoring devices will contribute substantially towards the market value in the upcoming years.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Product
- 3.4.2. Market attractiveness analysis By Distribution Channel
- Chapter 4. Global Diabetes Monitoring Devices Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Diabetes Monitoring Devices Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Diabetes Monitoring Devices Market– Product Analysis
- 5.1. Global Diabetes Monitoring Devices Market overview: By Product
- 5.1.1. Global Diabetes Monitoring Devices Market share, By Product, 2019 and 2026
- 5.2. Lancing Devices
- 5.2.1. Global Diabetes Monitoring Devices Market by Lancing Devices, 2016–2026(USD Billion)
- 5.3. Testing Strips
- 5.3.1. Global Diabetes Monitoring Devices Market by Testing Strips, 2016–2026(USD Billion)
- 5.4. Blood Glucose Meters
- 5.4.1. Global Diabetes Monitoring Devices Market by Blood Glucose Meters, 2016–2026(USD Billion)
- 5.1. Global Diabetes Monitoring Devices Market overview: By Product
- Chapter 6. Global Diabetes Monitoring Devices Market– Distribution Channel Analysis
- 6.1. Global Diabetes Monitoring Devices Market overview: By Distribution Channel
- 6.1.1. Global Diabetes Monitoring Devices Market share, By Distribution Channel, 2019 and 2026
- 6.2. Institutional Sales
- 6.2.1. Global Diabetes Monitoring Devices Market by Institutional Sales, 2016–2026(USD Billion)
- 6.3. Retail Sales
- 6.3.1. Global Diabetes Monitoring Devices Market by Retail Sales, 2016–2026(USD Billion)
- 6.1. Global Diabetes Monitoring Devices Market overview: By Distribution Channel
- Chapter 7. Company Profiles
- 7.1. Tandem Diabetes Care
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Product Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. PHC Huldings
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Product Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Hoffmann-La Roche Ltd.
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Product Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Development
- 7.4. Novo Nordisk A/S
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Product Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Development
- 7.5. Braun Melsungen AG
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Product Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. Medtronic Corporation
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Product Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. BD
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. Abbott Laboratories
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Product Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. Sanofi
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.1. Tandem Diabetes Care
Table Of Figures
List of Figures
1. Market research Type
2. Market research methodology
3. Global Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Diabetes Monitoring Devices Marketattractiveness, By Product
6. Global Diabetes Monitoring Devices Marketattractiveness, By Distribution Channel
7. Global Diabetes Monitoring Devices Marketshare by Product,2019 and 2026 (USD Billion)
8. Global Diabetes Monitoring Devices Marketby Lancing Devices, 2016–2026(USD Billion)
9. Global Diabetes Monitoring Devices Marketby Testing Strips, 2016–2026(USD Billion)
10. Global Diabetes Monitoring Devices Marketby , Blood Glucose Meters, 2016–2026(USD Billion)
11. Global Diabetes Monitoring Devices Marketshare by Distribution Channel ,2019 and 2026 (USD Billion)
12. Global Diabetes Monitoring Devices Marketby Institutional Sales, 2016–2026(USD Billion)
13. Global Diabetes Monitoring Devices Marketby Retail Sales, 2016–2026(USD Billion)
14. Global Diabetes Monitoring Devices Marketshare, by Region, 2019 and 2026
15. North America Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
16. Europe Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
17. Asia Pacific Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
18. Latin America Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
19. The Middle East and Africa Diabetes Monitoring Devices Market, 2016–2026(USD Billion)
Table Of Tables
List of Tables
1. Global Diabetes Monitoring Devices Market: snapshot
2. Drivers of the Diabetes Monitoring Devices Market: impact analysis
3. North America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
4. North America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
5. The U.S. Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
6. The U.S. Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
7. Rest of North America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
8. Rest of North America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
9. Europe Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
10. Europe Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
11. UK Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
12. UK Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
13. France Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
14. France Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
15. Germany Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
16. Germany Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
17. Rest of Europe Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
18. Rest of Europe Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
19. Asia Pacific Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
20. Asia Pacific Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
21. China Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
22. China Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
23. Japan Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
24. India Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
25. India Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
26. Rest of Asia Pacific Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
27. Rest of Asia Pacific Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
28. Latin America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
29. Latin America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
30. Brazil Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
31. Brazil Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
32. Rest of Latin America Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
33. Rest of Latin America Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
34. The Middle East and Africa Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
35. The Middle East and Africa Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
36. Saudi Arabia Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
37. Saudi Arabia Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
38. South Africa Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
39. South Africa Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
40. Rest of the Middle East & Africa Diabetes Monitoring Devices Market revenue, By Product ,2016–2026(USD Billion)
41. Rest of the Middle East & Africa Diabetes Monitoring Devices Market revenue, By Distribution Channel ,2016–2026(USD Billion)
Methodology
FrequentlyAsked Questions
Rise in the intake of alcohol due to stress caused as a result of hectic work schedule will prompt the expansion of diabetes monitoring devices industry over the upcoming years. Apart from this, surge in the acceptance of wearable diabetes monitoring equipment, acceptance of insulin patches, and sensor driven smart insulin pumps for self-diagnosis of diabetes will proliferate the market size. Furthermore, timely monitoring of unexpected or fluctuating glucose help in determining the severity of diabetes in the persons and this will encourage the expansion of diabetes monitoring devices industry in the upcoming years. Moreover, rise in the diabetics across the globe and launching of new & low cost diabetes monitoring devices will contribute substantially towards the market value in the upcoming years.
In addition to this, with rise in the incidences of COVID-19 cases across the globe and the disease posing more threat to the life of the diabetes patients, there is growing use of diabetes monitoring equipment. This, in turn, will create value for the products as well as increase the market profitability within the span of next few years.
Diabetes Monitoring Devices Market size worth at USD 21.98 Billion in 2023 and projected to USD 47.94 Billion by 2032, CAGR of around 8.1% between 2024-2032
Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to surge in the diabetics in the continent along with low costs of insulin devices resulting in high sales in the region. Apart from this, presence of giant firms manufacturing the equipment will culminate into humungous penetration of the product in the continent, thereby resulting in value creation for the business. This, in turn, will steer the growth of the regional market over the upcoming years.
The key market participants include Tandem Diabetes Care, PHC Holdings, Hoffmann-La Roche Ltd., Novo Nordisk A/S, Braun Melsungen AG, Medtronic Corporation, BD, Abbott Laboratories, and Sanofi.
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