The global Diabetic Care Market will be worth USD 41.71 billion by 2027, according to a current analysis by Emergen Research. There has been a potential increase within the incidents of polygenic disease on a global scale, as a result of the rising level of inactive lifestyles and obesity in the global population. The submarkets like analogues and human insulin are likely to keep up dominance throughout the global diabetic treatment market. The report concludes with a panoramic view of the global Diabetic Care industry, which comprises the salient global and regional market aspects, supported by key statistical data and industry-verified facts.
Increase in the emergence of type 1 and type 2 diabetes, is anticipated to fuel the diabetes care market. Additionally, the event of the development of type 1 and type 2 diabetic treatments are likely to stay profitable for pharmaceutical firms in the mid-to-long term. An incentive for less affluent patients particularly in the developing economies, reductions in price and technological innovations are the major factors driving the diabetes treatment market growth.
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Key Highlights From The Report.
- Lifescan, a US based diagnostic systems manufacturer made a partnership agreement with DKSH in January 2020. Through this partnership, they’ll provide sales, regulatory and marketing services for LifeScan products in Asian countries like Vietnam, Indonesia, Philippines, Hong Kong, Malaysia and Taiwan. DKSH will also support the distribution and logistic side of the business in addition to the above mentioned services.
- The products required to treat diabetes extends to injectable diabetes drugs, , insulin therapies, blood glucose monitoring systems, insulin pumps, oral drugs, and insulin injection devices. Additionally, a significant quantity of emerging diabetic drugs is under clinical observation by potentially large pharmaceutical organizations that are likely to get a traction in the market over the forecasted period..
- Various drugs such as januvia and byetta, mainly in the blood glucose treatment areas, have been found to be safe with good levels of efficiencies. To make the crucial insulin therapy virtually less painful, more accurate, easy to use, and improved blood glucose monitoring systems are available in the market.
- Key participants include Medtronic plc, B. Braun, DexCom, Inc., Abbott, F. Hoffman-La Roche Ltd., Ascensia Diabetes Care Holdings AS, LifeScan, Dickinson and Company, MicroGene Diagnostic Systems Pvt. Ltd., AgaMatrix Holdings LLC and Acon Laboratories, Inc. among others.
For the purpose of this report, Emergen Research has segmented into the global Diabetic Care Market on the device, distribution channel, end user and region:
- Device Outlook (Revenue, USD Billion; 2017-2027)
- Monitoring Devices
- Insulin Pumps
- Insulin Syringes
- Insulin Cartridges
- Disposable Pens
- Jet Injectors
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Hospital Pharmacies
- Retail Pharmacies
- Diabetes Clinics
- Online Pharmacies
- End User Outlook (Revenue, USD Billion; 2017-2027)
- Diagnostic Centers
The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2020-2027. The regions include North America, Latin America, Europe, AsiaPacific, and Middle East and Africa.
Comprehensive Regional Analysis Covers the Following Regions:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (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)
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Frequently asked questions addressed in the report:
- What is the predicted growth rate of the global Diabetic Care market over the forecast period?
- What are the latest trending factors influencing market growth?
- What are the major factors driving the growth of the Global Diabetic Care Market?
- What are the risks and challenges existing in the industry?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Diabetic Care Market Segmentation & Impact Analysis
4.1. Diabetic Care Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
126.96.36.199. Growing prevalence of diabetes and its increasing awareness
188.8.131.52. Rising geriatric population on a global scale
4.2.3. Market restraints analysis
184.108.40.206. Lack of stringent regulations and reimbursements in specific countries
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Diabetic Care Market By Devices Insights & Trends, Revenue (USD Million)
5.1. Devices Dynamics & Market Share, 2019 & 2027
5.1.1. Monitoring Devices
5.1.2. Insulin Pumps
5.1.3. Insulin Syringes
5.1.4. Insulin Cartridges
5.1.5. Disposable Pens
5.1.6. Jet Injectors
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