The Business Research Company published its Diabetes Care Devices Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Diabetes Care Devices market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Diabetes Care Devices market’s segments-
1) By Type, Blood Glucose Test Strips, Insulin Pens, Syringes, Pumps And Injectors, Lancing Devices And Equipment, Continuous Glucose Monitoring Devices And Equipment, Blood Glucose Meters
2) By End User, Hospitals And Clinics, Diagnostic Laboratories, Others
3) By Type of Expenditure, Public, Private
4) By Product, Instruments/Equipment, Disposables.
Subsegments covered, Glucose Dehydrogenase, Glucose Oxidase, Pens, Injectors And Pumps, Syringes.
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Diabetes Care Devices Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global diabetes care devices market is expected to grow from $35.2 billion in 2019 to $37.3 billion in 2020 at a compound annual growth rate (CAGR) of 5.9%. The growth is mainly due to the COVID-19 outbreak as people with diabetes are at increased risk of serious illness from COVID-19. The diabetic care devices are increasingly being used by care providers and patients (self-monitor) to frequently check the blood glucose levels. FDA issued guidance to expand the availability and capability of non-invasive remote monitoring devices including continuous glucose monitors (CGM) during the COVID-19 pandemic. However, the growth is not as significant as expected due to the demand and supply gaps. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $47.3 billion in 2023.
Artificial pancreas is a system that measures blood glucose levels on a minute-to-minute basis using a continuous glucose monitor (CGM), and transmits this information to an insulin pump that calculates and releases the required amount of insulin into the body. It consists of three essential components – a glucose sensor system, a control algorithm, and an insulin infusion device. This system is more effective than conventional insulin delivery devices as it automates insulin dosing based on blood sugar levels.
Few Points From Table Of Content
- Executive Summary
2. Report Structure
3. Diabetes Care Devices Market Characteristics
4. Diabetes Care Devices Market Product Analysis
5. Diabetes Care Devices Market Supply Chain
……
21. Key Mergers And Acquisitions In The Diabetes Care Devices Market - Market Background: Medical Equipment Market
- Recommendations
- Appendix
- Copyright And Disclaimer
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Few Points From List Of Tables
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Diabetes Care Devices Market, 2019, By Region, Value ($ Billion)
Table 4: Global Diabetes Care Devices Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
………
Table 133: Global Medical Equipment Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
Table 134: Global Diabetes Care Devices Market In 2023- Growth Countries
Table 135: Global Diabetes Care Devices Market In 2023- Growth Segments
Table 136: Global Diabetes Care Devices Market In 2023- Growth Strategies
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