Global Diabetes Devices Market: Industry Analysis & Outlook (2017-2021)

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Industry Research by Koncept Analytics
Global Diabetes Devices Market Industry
Analysis Outlook ------------------------------
----------- (2017-2021)
September 2017
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Executive Summary


Diabetes, referred to as diabetes mellitus by
doctors, is a group of metabolic disorders which
abnormally affect the level of sugar (glucose) in
blood. Diabetes can either be due to pancreas not
producing enough insulin or irresponsiveness of
cells of the body to insulin. Insulin is a
hormone which regulates the metabolism of
carbohydrates, fat and protein by absorbing
glucose (sugar) from the blood into fat, liver
and skeletal muscles. Diabetes devices are used
in managing and treating diabetes and the market
is filled with a vast variety of these devices.
These devices can be broadly classified into two
categories that include glucose monitoring and
insulin pumps. Glucose monitoring devices are
further divided into two type traditional
glucose monitoring and continuous glucose
monitoring. The U.S. is a major contributor to
the global diabetes device market supported by
increased ageing and obese population, better
accessibility and favorable reimbursement
policies for continuous glucose monitoring
systems. Continuous glucose monitoring was the
most significant segment in the growth of global
diabetes device market due to technological
improvements in monitoring systems and increased
recommendations by doctors. This segment is
likely to witness a notable growth in future as
well. The global diabetes device market is
expected to grow in future with increasing ageing
population, obese population, rising spending on
diabetes treatment, expanding patient pool
suffering from diabetes, increasing disposable
income and growing urbanization. Key trends of
this market include increasing awareness towards
diabetes devices, rising innovations in diabetes
devices and adoption of sedentary lifestyle.
However, there are some factors which can hinder
the market growth including stringent legal
norms, high costs and alternative treatments. The
report Global Diabetes Devices Market Industry
Analysis Outlook (2017-2021) by Koncept
Analytics provides an extensive research and
detailed analysis of the present market along
with future outlook. The report discusses the
major growth drivers and challenges of the
market, covering the U.S., and Europe region
along with the global market. The report profiles
the key players of the market including Johnson
Johnson, Medtronic plc, Abbott Laboratories and
DexCom Inc.
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Growth of the global diabetes devices market is
likely to result from increasing prevalence of
diabetes worldwide, rising technological
advancements in glucose monitoring and awareness
of diabetes devices
Global Diabetes Devices Market Value Forecast
(2016-2021)

• Global diabetes device market is expected to
  reach US.. billion in the year 2021, increasing
  from US.. billion in the fiscal year 2016 at a
  CAGR of ...
• By the year 2021, global CGM market is expected
  to reach US.. billion, increasing from US..
  billion in 2017.
• In year 2021, global insulin pump market is
  expected to reach US.. billion, increasing from
  US.. billion in 2016, at a CAGR of ...

Global Continuous Glucose Monitoring Market Value
Forecast (2017-2021)
Global Insulin Pumps Market Value Forecast
(2016-2021)
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The U.S. Continuous glucose monitoring market is
expected to experience growth with rising
adoption of CGM among patients and favorable
reimbursement policies ..
The U.S. Continuous Glucose Monitoring Market
Forecast (2016-2021)

• The U.S. CGM market is expected to reach US..
  billion in the year 2021, increasing from US..
  billion in the fiscal year 2016 at a CAGR of
  ...
• By the year 2021, The U.S. CGM type 1 market
  volume is expected to reach ..thousand,
  increasing from ..thousand in 2017.
• In year 2021, European CGM type 1 market volume
  is expected to reach ..thousand, increasing from
  ..thousand in 2017, at a CAGR of ...

Europe CGM Type 1 Market Volume Forecast
(2017-2021)
The U.S. CGM Type 1 Market Volume Forecast
(2017-2021)
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