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.
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.
Report Scope and Coverage:
- Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis.
- Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market.
- The report explores the potential demand of the Diabetes Devices market.
- Porter analysis identifies competitive forces within the market.
There are 6 Chapters to deeply display the Global Diabetes Devices market.
Chapter 1 Introduction
Chapter 2 Global Market Analysis
Chapter 3 Regional Market Analysis
Chapter 4 Market Dynamics
Chapter 5 Competitive Landscape
Chapter 6 Company Profiles
Explore More About:
- Key Highlights of the Diabetes Devices Market Report.
- The key details related to Diabetes Devices industry like the product definition, cost, variety of applications, demand and supply statistics are covered in this report.
- Competitive study of the major Diabetes Devices players will help all the market players in analyzing the latest trends and business strategies.
- The study of emerging Diabetes Devices market segments and the existing market segments will help the readers in planning the business strategies.
- Figure Global Production Market Share of Diabetes Devices by Types and by Applications in 2017.
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