Diabetes Care Devices Market Opportunities And Strategies – Global Forecast To 2022
Diabetes Care Devices Market Characteristics:
The global diabetes care devices market is expected to grow from $35.2 billion in 2019 to $37.3 billion in 2020 at a compound annual growth rate (CAGR) of 5.9%. The growth is mainly due to the COVID-19 outbreak as people with diabetes are at increased risk of serious illness from COVID-19. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $47.3 billion in 2023.
The diabetes care devices market’s segmentsBy Type
Blood Glucose Test Strips, Insulin Pens, Syringes, Pumps And Injectors, Lancing Devices And Equipment
By Application
Hospitals And Clinics, Diagnostic Laboratories, Others
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Diabetes Care Devices Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Major Key Players Major companies in the market include
Roche
Abbott
Medtronic
Becton
J&J
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Reasons to Purchase ▪ Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies.
▪ Understand how the market is being affected by the COVID19 and how it is likely to emerge and grow as the impact of the coronavirus abates. ▪ Create regional and country strategies on the basis of local data and analysis. ▪ Identify growth segments for investment. ▪ Outperform competitors using market forecast data and the market drivers and trends shaping the global market. ▪ Understand customers based on the latest market research findings. ▪ Benchmark performance against key competitors of the market.
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