Global Diabetes Care Devices Market Research Report 2022 Email: sale@qyresearch.com Tel:0086-20-86655165 http://www.qyresearch.com
Global Diabetes Care Devices Market Research Report 2022
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Author: Niu Tongtong
Company: QYResearch
Publish Date: 2017.05.31
Diabetes is a metabolic disorder that affects your pancreas ability to produce or use insulin. Diabetes currently affects 386 million people worldwide and is expected to increase to 592 million people by
2035. The diabetes prevalence is growing with rising obesity rates, lifestyle and dietary changes, and
growing ageing population. Therefore, given the huge numbers of diabetics worldwide and the financial
implications due to diabetes, there is a substantial business potential in the diabetes care devices market.
According to the study of QYResearch, The global diabetes care devices is expected to grow at a CAGR of 5.17% from 2016 to 2022 to reach 25.65 billion USD by 2022.The diabetes care devices market is very
concerted market; the revenue of top fifteen manufacturers accounts about 59% of the total revenue in 2016. The high-end products mainly come from USA and Europe.
The leading manufactures mainly are Roche, Medtronic plc, J&J and Abbott. Roche is the largest
manufacturer; its revenue of global market exceeds 10.8% in 2016. The next is Medtronic plc and J&J.
Geographically, the global diabetes care devices market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and other. The North America held the largest share in the global
diabetes care products market, its revenue of global market exceeds 44% in 2016. The next is Europe and China. China and India being the most populous countries has fast growing diabetes care devices market.
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There are mainly five types of diabetes care devices market: blood glucose meters, blood glucose test strips, insulin pumps, insulin syringes and others. Blood glucose test strips account the largest proportion, however, insulin pumps and insulin syringes will has faster growing rate.
This article was first released by QYResearch analyst, if reproduced, please indicate the source. Media Contact: press@qyresearch.com
Analyst : niutongtong@qyresearch.com
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