The global Diabetes Care Devices market will reach 27900 million US$ by the end of 2025
Diabetes Care Devices conclude glucose Monitoring Device (blood glucose meters, blood glucose test strips, lancing devices, continuous glucose monitoring devices, HbA1c testing kits, and others) and insulin delivery device (insulin pumps, insulin syringes, insulin pens, and others).
Diabetes is a metabolic disorder that affects your pancreas ability to produce or use insulin. Insulin is a hormone secret by the beta cell of the islet of Langerhans of the pancreas. When your body turns the food which u eat into energy molecule glucose. In response to glucose, the body secretes insulin which helps to transport glucose/energy to the cells. Insulin acts as a key to remaining energetic. It is a chemical message that tells the cell to open and receive glucose. If the body produces little or no insulin or is insulin resistant, too much sugar remains in your blood. Blood glucose levels are higher than normal for individuals. This results in diabetes. There are two main types of diabetes: Type 1 and Type 2. Type 1 is also known as insulin dependent diabetes mellitus whereas type 2 is known as noninsulin dependent diabetes mellitus.
Diabetes is a metabolic disorder that affects your pancreas ability to produce or use insulin. Diabetes currently affects 386 million people worldwide and is expected to increase to 592 million people by 2035. The diabetes prevalence is growing with rising obesity rates, lifestyle and dietary changes, and growing aging population. Therefore, given the huge numbers of diabetics worldwide and the financial implications due to diabetes, there is a substantial business potential in the diabetes care devices market.
The global Diabetes Care Devices market is valued at XXmillion US$ and will reach 27900 million US$ by the end of 2025, growing at a CAGR of XX% during 2018-2025.
Global Diabetes Care Devices Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 105 pages report.
This market report provides in-depth analytics of the Diabetes Care Devices industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Diabetes Care Devices market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Ascensia Diabetes Care
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Blood Glucose Meters
Blood Glucose Test Strips
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.