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The global smart diabetes management market attained a value of USD 4 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 14.75% to reach USD 9.2 billion by 2026.
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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 | 2020 |
Historical Period | 2017-2021 |
Forecast Period | 2022-2027 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, End Use, Region |
Breakup by Product | Smart Glucose Meters, Continuous Glucose Monitoring Systems, Smart Insulin Pens, Smart Insulin Pumps, Closed Loop Systems |
Breakup by Application | Type 1 Diabetes, Type 2 Diabetes |
Breakup by End Use | Home Healthcare, Hospitals, Specialty Diabetes Clinics |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered |
F. Hoffmann-La Roche, Ltd., Medtronic, Inc., Dexcom, Inc., Insulet Corporation, LifeScan IP Holdings, LLC, Ascensia Diabetes Care Holdings AG, Glooko, Others |
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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Smart Diabetes Management Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Diabetes Management Historical Market (2017-2021)
8.3 Global Smart Diabetes Management Market Forecast (2022-2027)
8.4 Global Smart Diabetes Management Market by Product
8.4.1 Smart Glucose Meters
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Continuous Glucose Monitoring Systems
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Smart Insulin Pens
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Smart Insulin Pumps
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Closed Loop Systems
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.5 Global Smart Diabetes Management Market by Application
8.5.1 Type 1 Diabetes
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Type 2 Diabetes
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Smart Diabetes Management Market by End Use
8.6.1 Home Healthcare
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Hospitals
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Specialty Diabetes Clinics
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.7 Global Smart Diabetes Management Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 F. Hoffmann-La Roche, Ltd.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Medtronic plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Dexcom, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Insulet Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 LifeScan IP Holdings, LLC
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Ascensia Diabetes Care Holdings AG
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Glooko
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Smart Diabetes Management Market: Key Industry Highlights, 2017 and 2027
2. Global Smart Diabetes Management Historical Market: Breakup by Product (USD Billion), 2017-2021
3. Global Smart Diabetes Management Market Forecast: Breakup by Product (USD Billion), 2022-2027
4. Global Smart Diabetes Management Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Smart Diabetes Management Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Smart Diabetes Management Historical Market: Breakup by End Use (USD Billion), 2017-2021
7. Global Smart Diabetes Management Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8. Global Smart Diabetes Management Historical Market: Breakup by Region (USD Billion), 2017-2021
9. Global Smart Diabetes Management Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. North America Smart Diabetes Management Historical Market: Breakup by Country (USD Billion), 2017-2021
11. North America Smart Diabetes Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Europe SmartDiabetes Management Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Europe Smart Diabetes Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Asia Pacific Smart Diabetes Management Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Asia Pacific Smart Diabetes Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Latin America Smart Diabetes Management Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Latin America Smart Diabetes Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Middle East and Africa Smart Diabetes Management Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Middle East and Africa Smart Diabetes Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Global Smart Diabetes Management Market Structure
In 2020, the global smart diabetes management market attained a value of nearly USD 4 billion.
The market is projected to grow at a CAGR of 14.75% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 9.2 billion by 2026.
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.
The global smart diabetes management market attained a value of USD 4 billion in 2020, driven by the 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. Aided by the growing trend of healthcare IT and connected healthcare, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 14.75%. The market is projected to reach USD 9.2 billion by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the products, the smart diabetes management market can be segmented into smart glucose meters, continuous glucose monitoring systems, smart insulin pens, smart insulin pumps, and closed loop systems. By application, the industry can be divided into type 1 diabetes and type 2 diabetes. Smart diabetes management can have different end-uses like home healthcare, hospitals, and specialty diabetes clinics. The major regional markets for smart diabetes management are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include F. Hoffmann-La Roche, Ltd., Medtronic, Inc., Dexcom, Inc., Insulet Corporation, LifeScan IP Holdings, LLC, Ascensia Diabetes Care Holdings AG, and Glooko, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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