Overview

Digital Diabetes Management Market Introduction

Global Digital Diabetes Management Market is estimated to value over USD 20 billion by 2027 end and register a CAGR of over 22.5% during the forecast period 2020 to 2027.

 Diabetes is quite prevalent across the world. As per the International Diabetes Federation (IDF), diabetes has influenced around 430 million people worldwide. In that sense, several organizations of digital health have acknowledged a chance to enable patients to control and oversee their illness. 

Digital diabetes management market is proliferated by expanding diabetes pervasiveness amongst patients of different age groups across the world. Problems like restricted management and learning and diabetes management amongst major partners give rise to extreme sufferings to patients and increase the cost of the treatment which prompts the guardian and parents to use digital management of diabetes that makes the diabetes management market obtain immense popularity in the upcoming years.

Similarly, expanding web entrance in developed and developing nations, increased adult diabetic population who react to industrial advancements is projected to aid the development of income for the market in the upcoming years. However, an absence of fundamental innovation, web access and framework in emerging nations is projected to significantly impact the income development of the market over the forecast period.

 

Key market players of the market industry include Medtronic Plc, Dexcom Inc., F.Hoffmann-La Roche, Abbott Laboratories, Ascensia Diabetes Care Holdings Ag, Abbott Laboratories, B. Braun Melsungen AG, Tidepool, Glooko Inc., Lifescan Inc., Agamatrix Inc., tandem Diabetes Care Inc., Insulet Corp., Dariohealth Corp.

Global Digital Diabetes Management Market Segmentation:

By Product & Service

• Devices

- Smart Glucose Meters

- Continuous Glucose Monitoring Systems

- Smart Insulin Pens

- Smart Insulin Pumps/Closed Loop Systems & Smart Insulin Patches

• Digital Diabetes Management Apps

- Diabetes & Blood Glucose Tracking Apps

- Weight & Diet Management Apps

• Data Management Software and Platforms
• Services

By Type

• Wearable Devices
• Handheld Devices

By End User

• Self/Home Healthcare
• Hospitals & Specialty Diabetes Clinics
• Academic & Research Institutes

By Region

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

 

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

 

Objectives of the Study:

• To provide with an exhaustive analysis on the global digital diabetes management market by product & service, by type, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents

1 Introduction 

1.1 Objectives of the Study 

1.2 Market Definition 

1.3  Market Scope 

        1.3.1 Markets Covered

        1.3.2 Years Considered for the Study

1.4 Currency 

1.5 Limitations 

1.6 Stakeholders 

 

2 Research Methodology 

2.1 Research Data 

        2.1.1 Secondary Data

                 2.1.1.1 Key Data From Secondary Sources

        2.1.2 Primary Data

                 2.1.2.1 Key Data From Primary Sources

                 2.1.2.2 Key Industry Insights

2.2 Market Size Estimation 

        2.2.1 Bottom-Up Approach

        2.2.2 Top-Down Approach

2.3 Market Breakdown and Data Triangulation 

2.4 Assumptions for the Study

 

3 Executive Summary 

 

4 Premium Insights 

4.1  Market Overview 

4.2 Asia Pacific: Market, By Product & Service, By Country, 2019

4.3 Geographic Snapshot of the Market 

4.4 Geographic Mix:  Market 

4.5  Market: Developing vs Developed Markets 

 

5 Digital Diabetes Management Market Overview 

5.1 Introduction 

5.2 Market Dynamics: Impact Analysis 

5.3 Drivers 

        5.3.1 Increasing Prevalence of Diabetes

        5.3.2 Technological Advancements

        5.3.3 Growing Adoption of Cloud-Based Enterprise Solutions for Diabetes Management

        5.3.4 Increasing Penetration of Digital Platforms and Adoption of Mobile Apps for Diabetes Management

5.4 Restraints 

        5.4.1 High Cost of Devices and Lack of Reimbursement in Developing Countries

        5.4.2 Higher Acceptance of Traditional Diabetes Management Devices

5.5 Opportunities 

        5.5.1 Increasing Diabetes-Related Health Expenditure in Emerging Economies

5.6 Challenges 

        5.6.1 Low Penetration in Developing Economies

        5.6.2 Lack of Data Security

 

6 Industry Insights

6.1 Industry Trends 

        6.1.1 Growing Demand for Hybrid Closed-Loop Systems/Artificial Pancreas Device Systems

        6.1.2 Collaborations

        6.1.3 Increasing Demand for Flash Glucose Monitoring (FGM) Systems

6.2 Regulatory Analysis 

        6.2.1 North America

                 6.2.1.1 US

                 6.2.1.2 Canada

        6.2.2 Europe

        6.2.3 Asia Pacific

                 6.2.3.1 Australia

                 6.2.3.2 Japan

                 6.2.3.3 China

                 6.2.3.4 India

        6.2.4 Latin America

6.3 Reimbursement Scenario 

6.4 Strategic Benchmarking 

        6.4.1 Digital Diabetes Management Devices and Services Market: Product Portfolio Analysis

        6.4.2 Digital Diabetes Management Applications and Software/Platforms Market: Product Portfolio Analysis

 

7 Digital Diabetes Management Market, By Product & Service 

7.1 Introduction 

7.2 Devices 

        7.2.1 Smart Glucose Meters

                 7.2.1.1 Falling Prices and Technological Innovations to Drive the Growth of This Segment

        7.2.2 Continuous Glucose Monitoring Systems

                 7.2.2.1 This Segment is Expected to Grow at the Highest CAGR During the Forecast Period

        7.2.3 Smart Insulin Pens

                 7.2.3.1 Increasing Demand for Personalized Or Patient-Centric Devices Without Needle-Stick Injuries to Drive This Segment

        7.2.4 Smart Insulin Pumps/Closed Loop Systems & Smart Insulin Patches

                 7.2.4.1 Benefits of Smart Insulin Pumps and Closed Loop Systems Such as Improved Glucose Control, Convenience, and Flexibility to Drive Market Growth

7.3 Digital Diabetes Management Apps 

        7.3.1 Diabetes & Blood Glucose Tracking Apps

                 7.3.1.1 Growing Adoption for Blood Glucose Tracking Apps and Increasing Awareness of Diabetes Among Patients is Driving Market Growth

        7.3.2 Weight & Diet Management Apps

                 7.3.2.1 Growing Obese Population and the Increasing Need to Prevent Diabetes to Drive This Market

7.4 Data Management Software and Platforms 

        7.4.1 Growing Demand for the Management of Patient Data Generated From Diabetes Management Devices to Drive Market Growth

7.5 Services 

        7.5.1 Rising Global Adoption of Remote Online Coaching Services Among Diabetes Patients Drives the Growth of This Segment

8 Digital Diabetes Management Devices Market, By Type 

8.1 Introduction 

8.2 Wearable Devices 

        8.2.1 Wearable Devices to Contribute the Largest Share in 2019; This Trend is Expected to Continue During the Forecast Period

8.3 Handheld Devices 

        8.3.1 Increasing Demand for Remote Monitoring & Penetration of Smartphone-Connected Handheld Devices to Boost Market Growth

 

9 Digital Diabetes Management Market, By End User 

9.1 Introduction 

9.2 Self/Home Healthcare 

        9.2.1 High Cost of Inpatient Care has Fueled the Preference for Self/Home Care

9.3 Hospitals & Specialty Diabetes Clinics 

        9.3.1 Rising Demand for Poc Testing in Hospitals Boosts Market Growth in This Segment

9.4 Academic & Research Institutes 

        9.4.1 Increase in Pipeline Products & Product Innovation for Diabetes Management Enhanced the Market Growth of This Segment

 

10 Digital Diabetes Management Market, By Region 

  10.1 Introduction 

  10.2 North America 

          10.2.1 US

                     10.2.1.1 Increasing Diabetes Prevalence and High Penetration of Digital Platforms Have Boosted the Growth of the US Market

          10.2.2 Canada

                     10.2.2.1 Favorable Reimbursement Scenario has Contributed to the Use of Digital Diabetes Management in Canada

  10.3 Europe 

          10.3.1 Germany

                     10.3.1.1 Germany Accounted for the Largest Share of the European Market in 2019

          10.3.2 UK

                     10.3.2.1 Supportive Government Initiatives Have Contributed to the Growth of the UK Market

          10.3.3 France

                     10.3.3.1 Affordability of Healthcare in France has Contributed to the Adoption of Digital Solutions

          10.3.4 Italy

                     10.3.4.1 Increasing Diabetic Population and Healthcare Expenditure Will Provide Growth Opportunities for Market Players in Italy

          10.3.5 Spain

                     10.3.5.1 Reimbursement Availability in Spain Varies on A Regional Basis

          10.3.6 Rest of Europe

  10.4 Asia Pacific 

          10.4.1 Japan

                     10.4.1.1 High Acceptance of Digital Solutions for Diabetes Management Drives Market Growth in Japan

          10.4.2 China

                     10.4.2.1 Rising Awareness About Self-Diabetes Management Among Geriatric Population Drives the Market Growth in China

          10.4.3 India

                     10.4.3.1 Growing Burden of Diabetes and Increasing Need to Reduce Rising Healthcare Costs has Boosted the Adoption of Digital Platforms

          10.4.4 Rest of Asia Pacific

  10.5 Latin America 

          10.5.1 Rising Diabetic Population has Boosted Demand for Diabetes Self-Management Devices

  10.6 Middle East and Africa 

          10.6.1 Digitization of Health Systems in African Countries has Yet to Pick Up Pace

 

11 Competitive Landscape 

  11.1 Overview 

  11.2 Market Share Analysis 

  11.3 Competitive Leadership Mapping

  11.4 Vendor Inclusion Criteria 

  11.5 Vendor Dive 

          11.5.1 Visionary Leaders

          11.5.2 Innovators

          11.5.3 Emerging Companies

          11.5.4 Dynamic Differentiators

  11.6 Competitive Situations and Trends 

          11.6.1 Product Launches, Approvals, and Enhancements

          11.6.2 Mergers and Acquisitions

 

12 Company Profiles 

  12.1 Medtronic PLC 

  12.2 F. Hoffmann-La Roche 

  12.3 Dexcom, Inc. 

  12.4 Ascensia Diabetes Care Holdings Ag. 

  12.5 Abbott Laboratories 

  12.6 B. Braun Melsungen AG 

  12.7 Tidepool 

  12.8 Glooko, Inc. 

  12.9 Lifescan, Inc. (A Subsidiary of Johnson & Johnson) 

  12.10 Agamatrix, Inc. 

  12.11 Tandem Diabetes Care, Inc. 

  12.12 Insulet Corporation 

  12.13 Dariohealth Corporation 

 

Chapter 13 Research Finding and Conclusion 

Chapter 14  Research Methodology 

Chapter 15  Research Data Source  

Tables

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