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The global smart diabetes management market attained a value of USD 6.04 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 14.75% to reach USD 21.00 billion by 2032.
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North America is the leading market in the industry. The smart diabetes management market in the region is being driven by the high presence of key players who have a diversified product portfolio and the early adoption of technologically advanced treatment techniques. With a growing towards among the patients for the self-management of the disease, the market in the region is being further propelled forward. The Asia Pacific and Europe are also significant markets in the industry due to the rising population of the patients afflicted with diabetes in the regions.
Smart diabetes management help to manage diabetes by increasing patient compliance and helping an individual maintain their blood glucose levels, which is an essential component for controlling diabetes. It contains devices that are integrated with mobile applications via Bluetooth or USB and includes devices like blood glucose monitoring and insulin delivery devices.
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Based on products, the smart diabetes management market can be divided into:
The market can be broadly categorised based on its applications segments as:
Based on its end-use segments, the industry can be divided as:
The EMR report looks into the regional markets of smart diabetes management like the Asia Pacific, the Middle East and Africa, Europe, Latin America, and North America.
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The market is being driven by the rising prevalence of diabetes and a growing demand for self-diabetes management. The rising innovation and product diversification in the industry is expected to drive the market in the coming years. The increasing demand for smart glucose level monitoring and insulin devices, which are integrated with digital health solutions, is expected to catalyse the industry growth the further. The growing trend of healthcare IT and connected healthcare is expected to propel the industry further forward.
The report presents a detailed analysis of the following key players in the global smart diabetes management market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Device Type |
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| Breakup by Applications |
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| Breakup by Diseases Type |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Smart Diabetes Management Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global smart diabetes management market attained a value of nearly USD 6.04 billion.
The market is projected to grow at a CAGR of 14.75% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 21.00 billion by 2032.
The major drivers of the industry include rising prevalence of diabetes, growing demand for self-diabetes management, rising innovation, and product diversification in the industry, and increasing demand for smart glucose level monitoring and insulin devices, which are integrated with digital health solutions.
The growing trend of healthcare IT and connected healthcare is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
The types of smart diabetes management available are smart glucose meters, continuous glucose monitoring systems, smart insulin pens, smart insulin pumps, and closed loop systems.
Smart diabetes management finds applications as type 1 diabetes and type 2 diabetes.
Smart diabetes management can have different end-uses like home healthcare, hospitals, and specialty diabetes clinics.
The leading players in this market are F. Hoffmann-La Roche, Ltd., Medtronic, Inc., Dexcom, Inc., Insulet Corporation, LifeScan IP Holdings, LLC, Ascensia Diabetes Care Holdings AG, and Glooko, among others.
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