The global Diabetic Care Market will be worth USD 41.71 billion by 2027, according to a current analysis by Emergen Research. The report provides Diabetic Care market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. There has been a potential increase within the incidents of polygenic disease on a global scale, as a result of the rising level of inactive lifestyles and obesity in the global population. Increase in the emergence of type 1 and type 2 diabetes, is anticipated to fuel the diabetes care market. Additionally, the event of the development of type 1 and type 2 diabetic treatments are likely to stay profitable for pharmaceutical firms in the mid-to-long term.
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An incentive for less affluent patients particularly in the developing economies, reductions in price and technological innovations are the major factors driving the diabetes treatment market growth. Moreover, the diabetic treatment market has a well thought out R&D pipeline. Global Diabetic Care market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Diabetic Care Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. The submarkets like analogues and human insulin are likely to keep up dominance throughout the global diabetic treatment market. Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Diabetic Care market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Diabetic Care market revenue growth to a significant extent over the forecast period.
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For the purpose of this report, Emergen Research has segmented into the global Diabetic Care Market on the device, distribution channel, end user and region:
- Device Outlook (Revenue, USD Billion; 2017-2027)
- Monitoring Devices
- Insulin Pumps
- Insulin Syringes
- Insulin Cartridges
- Disposable Pens
- Jet Injectors
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Hospital Pharmacies
- Retail Pharmacies
- Diabetes Clinics
- Online Pharmacies
- End User Outlook (Revenue, USD Billion; 2017-2027)
- Diagnostic Centers
- Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
- North America
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Diabetic Care Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Key Highlights From The Report.
- Lifescan, a US based diagnostic systems manufacturer made a partnership agreement with DKSH in January 2020. Through this partnership, they’ll provide sales, regulatory and marketing services for LifeScan products in Asian countries like Vietnam, Indonesia, Philippines, Hong Kong, Malaysia and Taiwan. DKSH will also support the distribution and logistic side of the business in addition to the above mentioned services.
- The products required to treat diabetes extends to injectable diabetes drugs, , insulin therapies, blood glucose monitoring systems, insulin pumps, oral drugs, and insulin injection devices. Additionally, a significant quantity of emerging diabetic drugs is under clinical observation by potentially large pharmaceutical organizations that are likely to get a traction in the market over the forecasted period..
- Various drugs such as januvia and byetta, mainly in the blood glucose treatment areas, have been found to be safe with good levels of efficiencies. To make the crucial insulin therapy virtually less painful, more accurate, easy to use, and improved blood glucose monitoring systems are available in the market.
- Key participants include Medtronic plc, B. Braun, DexCom, Inc., Abbott, F. Hoffman-La Roche Ltd., Ascensia Diabetes Care Holdings AS, LifeScan, Dickinson and Company, MicroGene Diagnostic Systems Pvt. Ltd., AgaMatrix Holdings LLC and Acon Laboratories, Inc. among others.
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Region wise performance of the Diabetic Care industry
North America Diabetic Care market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Diabetic Care market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
Asia Pacific registered fastest revenue CAGR in 2020, and the Diabetic Care market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe Diabetic Care market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Diabetic Care market growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Table of Content
Chapter 1. Methodology & Sources
1.1. Diabetic Care Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Diabetic Care Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Diabetic Care Market Segmentation & Impact Analysis
4.1. Diabetic Care Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Diabetic Care Market indicators analysis
4.2.2. Diabetic Care Market drivers analysis
220.127.116.11. Rapid urbanization and industrialization
18.104.22.168. Stringent government regulations regarding carbon emissions
22.214.171.124. Increasing prevalence of respiratory diseases
126.96.36.199. Rising need to enhance indoor air quality
4.2.3. Diabetic Care Market restraints analysis
188.8.131.52. High cost associated with the maintenance of Diabetic Care products
184.108.40.206. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Diabetic Care Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Diabetic Care industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Diabetic Care market across different regions?
- Who are the major driving forces expected to decide the fate of the Diabetic Care industry worldwide?
- Who are the prominent market players making a mark in the Diabetic Care market with their winning strategies?
- Which Diabetic Care industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Diabetic Care market?
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