The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest digital diabetes management market share.

The global digital diabetes management market is expected to grow from $10.82 billion in 2022 to $13.25 billion in 2023 at a compound annual growth rate (CAGR) of 22.4%. The global digital diabetes management market size is expected to grow to $30.11 billion in 2027 at a CAGR of 22.8%.

Major Driver In The Digital Diabetes Management Market ­– Increase In The Prevalence Of Diabetes
Diabetes is a primary cause of death, accounting for 30% of life expectancy loss. According to the International Diabetes Federation, 537 million people (20-79 years old) globally had diabetes in 2021, and forecasts show that there would be 643 million diabetics by 2030 and 783 million by 2045.

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Key Digital Diabetes Management Market Segments
1) By Product & Service: Devices, Application, Data Management Software & Platforms, Services
2) By Device Type: Handheld Devices, Wearable Devices
3) By End User: Self/Home Healthcare, Hospitals & Specialty Diabetes Clinics, Other End Users

Recent Digital Diabetes Management Market Trend – Developing Design-Focused And AI-Powered Connected Apps
Several businesses are focusing their efforts on developing design-focused and AI-powered connected apps to improve user experience, which is gaining traction in the digital diabetes management sector. Key players in the digital diabetes management industry, such as OneDrop, Ascencia, and Dario, are shifting their focus to marketing their products as fashionable gadgets rather than medical devices. Medtronic plc and IBM Watson Health, for example, announced the release of the AI-powered Sugar.IQ smart diabetes management app, which is intended to improve and simplify daily diabetic management.

Digital Diabetes Management Market Prominent Players
Major players in the digital diabetes management market 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.

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The Digital Diabetes Management Global Market Report 2023  provides a comprehensive overview on the digital diabetes management market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the digital diabetes management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Digital diabetes management is the use of electronic medical systems to remotely monitor, analyse, and manage diabetics. People with diabetes or those at risk of developing it can improve their health outcomes by managing their condition successfully on their own with the support of digital diabetes management.

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