Digital Diabetes Administration Business Grows With Rising Prevalence Of Diabetes


Global Digital Diabetes Management Market Report 2021: COVID-19 Growth and Change by 2030

Digital Research Management des Business Research Company Global Market Report 2021: COVID-19 Growth and Change to 2030

LONDON, GREATER LONDON, UK, April 5th, 2021 / – Our reports have been revised regarding market size, forecasts and strategies for 2021 following the impact of COVID-19: https: //www.thebusinessresearchcompany. com / global-market-reports

The increasing prevalence of diabetes is expected to fuel the demand for digital diabetes management devices and related services and increase the demand for the market. Diabetes is one of the leading causes of death with 30% of life expectancy loss due to a diagnosis of diabetes. According to the European Society of Cardiology (ESC) global diabetes statistics published in April 2019, around 4 million people under the age of 60 die of diabetes each year. The prevalence of diabetes for the 20 to 79 year old age group is projected to rise to 9.9% and reach 628.6 million people, with an expected growth of 48% globally by the end of 2045. Digital diabetes management devices provide continuous care for diabetics and provide relevant data for further analysis.

The global digital diabetes management market is segmented into devices, applications, data management software and platforms, services by products and services, handheld devices, wearable devices by device type, and self / home health care, hospitals, and specialized diabetes clinics by end-user . Other.

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The global digital diabetes management market is projected to grow from $ 6.17 billion in 2020 to $ 7.37 billion in 2021, with an average annual growth rate (CAGR) of 19.4%. The growth of the digital diabetes management market is mainly due to companies resuming operations and adjusting to the new normal while recovering from the effects of COVID-19 that previously led to restrictive containment measures , which included social distancing, remote working and the closure of commercial activities that created operational challenges. The intelligent diabetes management market is projected to reach $ 17.09 billion in 2025 with an annual growth rate of 23%. The digital diabetes management market share countries covered in the TBRC report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the US.

The main players in the digital diabetes management industry are Bayer AG, Medtronic, Roche Diagnostics, Dexcom, Inc., Abbott Laboratories, Ascensia Diabetes Care, Insulet Corporation, B. Braun Melsungen AG, Tandem Diabetes Care and LifeScan Inc.

Global Digital Diabetes Management Market Report 2021: COVID-19 Growth and Change by 2030 is one of a series of new reports from The Business Research Company that provide an overview of the Digital Diabetes Management market along with forecast of the digital diabetes management market size and growth for the offer throughout the market. Digital Diabetes Management market segments and regions, Digital Diabetes Management market trends, Digital Diabetes Management market drivers, restrictions, revenue, profiles, and market shares of leading competitors.

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April 05, 2021, 3:30 PM GMT

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