Diabetes Care Devices Market 2021 – 2022 | Overview and scope, Future Scope, Demands and Projected market Growth

Diabetes Care Devices Market worth USD 19.05 billion in 2016 and expected to reach USD 26.94 billion by 2022, at a CAGR of 5.9% from 2016 to 2022. The global diabetes care devices market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges in the diabetes care devices market.

In-depth analysis of the market ecosystem and its impact on the revenue growth. Meticulous understanding of the key new market opportunities in individual geographic regions/countries. Detailed analysis of the significant sustainability strategies adopted by the major players in this market

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Rapid technological advancement, the increasing prevalence of diabetes, and increasing obese population are the major factors driving the growth of the diabetes care devices market. Other factors such as unhygienic lifestyle, improper diet, and increasing awareness towards early diagnosis of diabetes are fuelling the growth of the diabetes care devices market. Various pharmaceutical giants are investing in research and development and are focusing on the untapped markets all over the world, which is also expected to drive the growth of the market during the forecast period. However, stringent regulatory policies and high costs are the major restraining factors for the growth of this market.

This report analyzes the diabetes care devices market by the following segments:

Diabetes Care Devices Market, By Type
Blood Glucose Monitoring Devices
Testing Strips
Self-Monitoring Blood Glucose Meters
Continuous Glucose Meters
Insulin Delivery Devices
Insulin Syringes
Insulin Pens
Insulin Pumps
Insulin Jet Injectors
Diabetes Care Devices Market, By End-Users

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Key players in the diabetes care devices market include:

Hoffman-La Roche (Roche)
Johnson & Johnson
Abbott Laboratories
Bayer AG
Novo Nordisk A/S
Terumo Corporation
Eli Lilly and Company

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