The digital diabetes management market report from The Business Research Company covers growth-driving insights such as digital diabetes management market size, digital diabetes management market trends and drivers, digital diabetes management market segmentation, digital diabetes management market competitive landscape and more

The digital diabetes management market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 22%, as per The Business Research Company’s market report!

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The Digital Diabetes Management Market Size In 2022 And Forecast

The global digital diabetes management market is expected to grow from $8.85 billion in 2021 to $10.82 billion in 2022 at a compound annual growth rate (CAGR) of 22.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The digital diabetes management market is expected to reach $24.26 billion in 2026 at a CAGR of 22.4%.

The digital diabetes management market consists of sales of digital diabetes management devices and related services. Digital diabetes management includes devices, apps, and software that manage blood glucose levels in the human body.

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The Increasing Prevalence Of Diabetes Is Driving The Growth Of The Digital Diabetes Management Market

According to the European Society of Cardiology’s (ESC) global statistics on diabetes published in April 2019, approximately 4 million people under the age of 60 years die from diabetes every year. The prevalence of diabetes for the age group 20-79 years is predicted to increase to 9.9% to reach 628.6 million people with an expected growth of 48% by the end of 2045, globally. Digital diabetes management devices provide continuous care for diabetic patients and provide relevant data for further analysis.

Competitive Landscape And The Regional Analysis Of The Digital Diabetes Management Market

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.

The Digital Diabetes Management Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the digital diabetes management market.

Technological Advancement – A Key Trend In The Digital Diabetes Management Market

Several companies are increasing attention on developing design-focused and AI-powered connected apps to enhance the user experience, which is gaining significant popularity in the digital diabetes management market.

Digital Diabetes Management Market Segmentation By The Business Research Company

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, Others

Here Are Some Reports Related To The Digital Diabetes Management Market –

Insulin Drugs Global Market Report 2022

Blood Glucose Meters Global Market Report 2022

Diabetes Care Devices Global Market Report 2022

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