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What Are the Key Projections for the CAGR of the Diabetes Care Market Size From 2025 to 2034?

In the past few years, the diabetes care market has witnessed a significant expansion. The market, projected to increase from $26.79 billion in 2024 to $29.25 billion in 2025, boasts a compound annual growth rate (CAGR) of 9.2%. Factors contributing to this growth during the historical period include escalating rates of obesity, amplified demand for continuous glucose monitoring devices, increasing investment in the research and development of diabetes interventions, and a surge in demand for customized diabetes care.

In the forthcoming years, the diabetes care market is anticipated to experience robust growth. The market is predicted to expand to $41.21 billion by the year 2029, boasting a compound annual growth rate (CAGR) of 8.9%. This growth in this anticipatory period can be credited to factors such as rising diabetes prevalence, the growth of the elderly population, enhanced understanding of diabetes management, and the expansion of healthcare availability in emerging regions. Key trends during this anticipated period comprise of technological progress in diabetes supervision, the incorporation of artificial intelligence (AI) in diabetes care, advancements in insulin delivery mechanisms, as well as the creation of intelligent insulin devices.

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What External and Internal Drivers Are Contributing to the Growth of the Diabetes Care Market?

The escalation in obesity rates is anticipated to drive the development of the diabetes care market. The term obesity rates denote the portion of a population having a body mass index (BMI) exceeding 30, which signifies obesity. The increment in obesity rates can be ascribed to the growing dependence on inactive lifestyles, coupled with easy access to and consumption of heavily processed, calorie-rich foods that often lack substantial nutritional value. This contributes to a disparity between calorie intake and physical activity. Diabetes care plays an essential role in mitigating the surge in obesity rates by encouraging healthier lifestyle options, enhancing glucose regulation, and advocating weight control via advanced treatment methods, such as insulin therapy and continuous glucose monitoring systems. For instance, as per the World Health Organization, a Switzerland-based global organization, in March 2024, 390 million adults were underweight in 2022, whereas 2.5 billion adults were overweight, which included 890 million individuals categorized as obese. Thus, the escalation in obesity rates is fueling the expansion of the diabetes care market.

What Segment Types Define the Diabetes Care Market Structure?

The diabetes care market covered in this report is segmented –

1) By Product Type: Glucose Monitoring Devices, Insulin Pumps, Other Product Types

2) By Diabetes Type: Type 2 Diabetes, Type 1 Diabetes, Other Diabetes Type

3) By End User: Hospitals And Clinics, Homecare Settings, Ambulatory Care Settings, Other End Users

Subsegments

1) By Glucose Monitoring Devices: Blood glucose monitoring (BGM), Continuous glucose monitoring (CGM), Flash glucose monitoring (FGM)

2) By Insulin Pumps: Patch pump, Tethered pump, Implanted insulin pump

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Which Geographic Areas Hold the Strongest Growth Potential in the Diabetes Care Market?

North America was the largest region in the diabetes care market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the diabetes care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Long-Term Trends Are Transforming the Competitive Landscape of the Diabetes Care Market?

Leading corporations in the diabetes care market are concentrating their efforts on creating innovative technologies such as automated insulin delivery (AID) systems. These systems aim to enhance glucose management by combining continuous glucose monitoring (CGM) systems with insulin pumps to make real-time adjustments. An Automated Insulin Delivery (AID) system links a Continuous Glucose Monitor (CGM) and an insulin pump for automatic insulin delivery adjustments based on real-time glucose readings, thus offering better control of diabetes. For example, in February 2024, Tandem Diabetes Care Inc., a medical equipment manufacturer from the United States specializing in diabetes treatment, launched the Tandem Mobi, the world’s smallest and most durable automated insulin distribution device. This revolutionary device offers a discreet, tubed insulin pump that can be fully operated using a smartphone app, providing users the flexibility to manage their diabetes without the need of a conventional handheld controller. The Tandem Mobi is both waterproof and rechargeable, and it aligns with Dexcom’s continuous glucose monitoring (CGM) system to automate insulin delivery relying on Tandem’s established Control-IQ technology.

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What Is the Definition of the Diabetes Care Market?

Diabetes care refers to the comprehensive management and treatment of diabetes mellitus, a chronic condition characterized by high blood sugar levels. It involves a range of medical, lifestyle, and technological interventions aimed at maintaining blood glucose within a target range and preventing complications.

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