Digital Diabetes Administration Market 2021 Dimension, Share, Progress, Tendencies, Evaluation, Progress Components, Forecast Report 2021-2028

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The major players in the digital diabetes management market researched in this report are Care Innovations, LLC, GlucoMe, Medtronic, Novo Nordisk A / S, F. Hoffmann-La Roche Ltd., Dexcom, Inc., Abbott., Insulet Corporation , Bayer AG.

Pune, India, February 15, 2021 (GLOBE NEWSWIRE) – According to the report, the digital diabetes management market size is expected to reach a remarkable level by 2026. Digital Diabetes Management Market Will Benefit Strongly; Large pharmaceutical companies adopt digital platforms to accelerate business.

The increasing demand for portable devices is expected to create business opportunities for the market. The rising incidence of diabetes is likely to fuel healthy market growth in the years to come.

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Further development of the consumer lifestyle to increase market sales

The increasing incidence of diabetes should fuel the demand for digital diabetes management and thus support the market. According to the World Health Organization (WHO), an estimated 422 million people worldwide have diabetes.

The growing public awareness of the control and treatment of diabetes is expected to allow the market to expand rapidly. Sedentary lifestyle, smoking, alcoholism are some of the factors that lead to diabetes. The introduction of a digital platform for effective diabetes management by large pharmaceutical and biotechnology companies is expected to fuel the growth of the market.

The increasing use of diabetes tracking apps by patients to track diet and stable glucose range can further demonstrate the healthy growth of the market. The increasing availability of telemedicine platforms and government initiatives to introduce digital health are likely to increase market potential in the years to come. In addition, the introduction of easy-to-use smartpens, pumps and apps to support diabetes patients should have an excellent impact on the market. Still, the lack of patient awareness in emerging markets is expected to constrain market growth.

The story goes on

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Favorable refund policies to support growth in North America

Geographically, the global digital diabetes management market is divided into North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa. North America is expected to lead the market as digital platforms become increasingly used to monitor diabetes. Favorable reimbursement policies and government digital health initiatives are expected to create opportunities for the market.

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In Europe, significant growth is expected in the forecast period due to the emergence of start-ups in the region. As diabetes spreads in emerging markets such as India and China, opportunities for the Asia-Pacific market are likely to emerge. A low growth rate is expected for Latin America, the Middle East and Africa due to the lack of awareness and the lower acceptance of digital platforms.

  • Care Innovations, LLC

  • GlucoMe

  • Medtronic

  • Novo Nordisk A / S.

  • F. Hoffmann-La Roche Ltd.

  • Dexcom, Inc.

  • Abbott.

  • Insulet Corporation

  • Bayer AG

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Global Digital Diabetes Management Market Segmentation:

According to device type:

By product:

By end user:

  • Hospitals

  • Care at home

  • Other

By geography:

  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and the rest of Europe)

  • Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and the rest of the Asia-Pacific region)

  • Latin America (Brazil, Mexico, rest of Latin America)

  • Middle East and Africa (South Africa, GCC, and rest of the Middle East and Africa)

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Digital Diabetes Management Market Size, Share, and Industry Analysis by Device Type (Handheld, Portable), by Product (Smart Glucose Meter, Continuous Glucose Monitoring Systems, Smart Insulin Pens, Smart Insulin Pumps, etc.), by End User (Hospitals, Home Healthcare, Others), and Regional Forecast , 2021-2028

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