Digital Diabetes | Emerging Innovations and New Technologies Transforming the Industrial Business

The major factors driving the growth of digital diabetes management market include the rising prevalence of diabetes, technological advancements, increasing adoption of cloud-based enterprise solutions, and the growing use of connected devices and apps.

The report "Digital Diabetes Management Market by Product (Device (Smart Glucometer, CGM, Insulin Pump & Patch), Diabetes Apps, Service, Data Management Software), Device Type (Hand-held & Wearables),End User (Hospitals & Self/home healthcare) - Global Forecast to 2024", The digital diabetes management market is projected to reach USD 19.9 billion by 2024 from an estimated USD 6.8 billion in 2019, at a CAGR of 23.8%.

Download an Illustrative overview of the report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144725893

Prominent players in the digital diabetes management market are Medtronic (Ireland), B. Braun (Germany), Dexcom (US), Abbott Laboratories (US), Roche Diagnostics (Switzerland), Insulet Corporation (US), Tandem Diabetes Care (US), Ascensia Diabetes Care (Switzerland), LifeScan (US), Tidepool (US), AgaMatrix (US), Glooko Inc. (US), and DarioHealth (Israel).

Wearable devices segment to witness the highest growth in the digital diabetes management devices market, by type

Based on type, the digital diabetes management devices market is segmented into wearable devices and handheld devices. The wearable devices segment accounted for the largest share of the digital diabetes management devices market in 2018. The large share of this segment can be attributed to the increasing number of regulatory approvals for CGM systems; technological advancements such as closed-loop pump systems, smart insulin patches, and other pipeline devices; and the growing adoption of smart insulin pumps and insulin patches for self-insulin delivery in diabetes management.

Browse and in-depth TOC on "Digital Diabetes Management Market"

144 – Tables

42 - Figures

219 - Pages

By product & service, the devices segment accounted for the largest share of the digital diabetes management market

Based on product & service, the market is divided into devices, apps, data management software & platforms, and services. The devices segment accounted for the largest market share in 2018. The growing demand for wireless and wearable devices for diabetes management, growing acceptance of smart insulin pumps & pens for insulin delivery, technological innovations & digital advancements in devices, and increasing awareness about continuous glucose monitoring in patients are the key factors driving the growth of the devices segment.

Read Press Release on Digital Diabetes Management Market Insights:https://www.marketsandmarkets.com/PressReleases/digital-diabetes-management.asp

North America, the largest regional market for digital diabetes management

North America accounted for the largest share of the digital diabetes management market in 2018, followed by Europe and the Asia Pacific. Factors such as growing adoption of connected diabetes management devices, high adoption of diabetes management apps, growing demand for integrated hybrid closed-loop systems, favorable reimbursement policies, and government initiatives to promote digital health in the region are driving the growth of the digital diabetes management market in North America.

List of Figures (42 Figures)

Figure 1 Research Design

Figure 2 Primary Sources

Figure 3 Breakdown of Primary Interviews (Supply Side): By Company Type, Designation, and Region

Figure 4 Breakdown of Primary Interviews (Demand Side): By End User and Region

Figure 5 Data Triangulation Methodology

Figure 6 Digital Diabetes Management Market, By Product & Service, 2019 vs 2024 (USD Million)

Figure 7 Digital Diabetes Management Devices Market, By Product, 2019 vs 2024 (USD Million)

Figure 8 Digital Diabetes Management Apps Market, By Type, 2019 vs 2024 (USD Million)

Figure 9 Digital Diabetes Management Devices Market, By Type, 2019 vs 2024 (USD Million)

Figure 10 Market, By End User, 2019 vs 2024 (USD Million)

Professional Healthcare Consultant with more than 6 years of consulting experience