Diabetic Care Market Opportunities, Industry Trends and Forecast to 2027

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

The latest research report by emergen research, named ‘Global Diabetic Care Market - Forecast to 2027’, entails a comprehensive review of the global Diabetic Care market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframeGlobal 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.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall 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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North America is expected to register a steady growth rate in the Global Diabetes Care Market over the forecast period. This is due to increasing prevalence of diabetes and obesity among the aging population as well as younger individuals, and changing lifestyle.

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

In May 2021, Medtronic announced that it had received a CE mark for its InPen smart insulin pen and Guardian 4 sensor for better diabetes management.

Global Diabetic Care Market – Overview:

The latest market intelligence report, titled ‘Global Diabetic Care Market’, is intended to provide the target audience with the necessary information about the global Diabetic Care industry. The report comprises a detailed analysis of the vital elements of the Diabetic Care market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Diabetic Care market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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
      1. Blood Glucose Meters
      2. Test Strips
      3. Lancelets
    • Continuous Glucose Monitoring Devices
      1. Sensors
      2. Transmitters
      3. Receiver
  • Insulin Delivery Devices
    1. Pumps
    2. Pens
    3. Syringes
    4. Jet Injectors

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

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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

  • Hospitals Clinics
  • Homecare Settings
  • Diagnostic Centers

Regional Outlook (Revenue, USD Million; 2018–2028)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Spain
    5. BENELUX
    6. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East Africa
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest Of MEA

Highlights of the TOC: 

  1. Report Overview 
    1.1 Research Scope
    1.2 Key Diabetic Care market segments
    1.3 Major players
    1.4 Market analysis by product
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends 
    2.1 Global Diabetic Care market size
    2.2 Latest Diabetic Care market trends
    2.3 Key growth trends
  3. Competitive Landscape 
    3.1 Global Diabetic Care market key players
    3.2 Global Diabetic Care size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Diabetic Care market
    3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2019
  • Estimated Year: 2027
  • Forecast Years: 2020-2027

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

Read More: https://www.emergenresearch.com/industry-report/diabetic-care-market

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