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Diabetes Devices Market Analysis By Device Type (Self-monitoring & Diagnostic Devices (Lancets, Analog Glucose Meter, Continuous Glucose Monitor (CGM) And Test Strips)), Delivery Type (Syringes, Pumps, Pens, Injectors) And Segment Forecasts To 2024

Published: May 31, 2016 | Pages: 81 | Publisher: Grand View Research | Industry: Medical Devices | Report Format: Electronic (PDF)

The global diabetes devices market is expected to reach USD 35.5 billion by the year 2024, according to a new report published by Grand View Research, Inc. Major drivers of the market include the growing number of diabetic patients owing to the sedentary lifestyles and unhealthy food habits. The growing demand for the advanced and minimally invasive, diagnostic as well as monitoring devices is expected to propel the market growth during the forecast period.

The rising awareness with regard to the technologically advanced monitoring tools, such as the continuous glucose monitor, is a crucial factor expected to spur the growth of the market. The demand for affordable monitoring devices in the developed as well as the less-developed countries is expected to propel the market growth of products, such as glucose test strips.

The existence of relatively smooth product approval procedures in most of the developed countries including the U.S and European countries are expected to boost the insulin devices market. The rising popularity of the compact, easy to carry monitoring devices, and the introduction of minimally invasive, highly efficient devices is expected to drive the market growth at a lucrative rate. However, the disparity in the reimbursement policies is primarily challenging the overall growth of this market.

Further key findings from the study suggest:

The demand for the diabetes devices is expected to surge owing to the factors such as the constantly increasing geriatric population prone to diabetes, the government initiatives taken to support better management of diabetes, and the growing awareness regarding diabetes devices

In 2015, the test-strips sub-segment captured the largest market share in the blood glucose monitoring and diagnostic devices segment. The insulin pens accounted for the largest share of the insulin delivery devices segment. The global diabetes devices market is expected to reach USD 35.4 billion in 2024.

The monitoring and diagnostic devices segment captured the largest market share of the overall market in 2015. The segment accounted for around 71% of the total market owing to repeat purchases.

The monitoring and diagnostic devices segment is expected to maintain its dominance during the forecast period owing to the introduction of technologically advanced products coupled with the high adoption of these products in the near future

North America captured the largest market share of around 32% in the year 2015. The domination of the market is expected to continue with a CAGR of 5.9%. The growing diabetic population, the availability of technologically advanced devices, and the presence of skilled professionals are the factors contributing to the growth of the market in North America.

Asia Pacific is the fastest growing segment of the market. Countries, such as China and India are expected to show a swift growth owing to the high prevalence of diabetes, the rising awareness regarding commercially available devices, and the growing disposable income in these countries

The key players in diabetes devices market include Abbott Laboratories, Inc., Bayer Healthcare AG, Johnson& Johnson, F. Hoffmann La-Roche Ltd., Becton Dickinson and Company, Medtronic, Inc., Novo Nordisk A/S, and Sanofi. 
 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Research Methodology
                       1.1.1 Country wide market: Base estimates
                       1.1.2 Global market: CAGR calculation
                    1.2 Research Scope & Assumptions
                    1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Diabetes Devices Industry Outlook
                    3.1 Market segmentation
                    3.2 Market size and growth prospects
                    3.3 Diabetes Devices: market dynamics
                    3.4 Market driver analysis
                       3.4.1 Market restraint analysis
                    3.5 Key opportunities prioritized
                    3.6 Diabetes Devices Industry Analysis - Porter's Five Forces Model
                    3.7 Diabetes Devices Market - PESTEL Analysis
                    3.8 Diabetes Devices: company market share analysis, 2014
                    3.9 Value Chain Analysis
Chapter 4 Diabetes Devices Product Outlook
                    4.1 Diabetes Devices market revenue share by product, 2014 & 2024, % share
                    4.2 Monitoring and Diagnostic Devices
                       4.2.1 Monitoring and Diagnostic Devices Market Revenue, by type, 2013 - 2024 (USD Million)
                       4.2.2 Lancets
                             4.2.2.1 Lancets Market Revenue, 2013 to 2024 (USD Million)
                       4.2.3 Analog Glucose Meter
                             4.2.3.1 Analog Glucose Meter Market Revenue, 2013 to 2024 (USD Million)
                       4.2.4 Continues Glucose Monitor (CGM)
                             4.2.4.1 Continues Glucose Monitor Market Revenue, 2013 to 2024 (USD Million)
                             4.2.5 Test Strips
                             4.2.5.1 Test Strips Market Revenue, 2013 to 2024 (USD Million)
                    4.3 Insulin Delivery Devices
                       4.3.1 Insulin Delivery Devices Market Revenue, 2013 to 2024 (USD Million)
                       4.3.2 Syringe
                             4.3.2.1 Syringe Market Revenue, 2013 to 2024 (USD Million)
                       4.3.3 Pen
                             4.3.3.1 Pen Market Revenue, 2013 to 2024 (USD Million)
                       4.3.4 Pump
                             4.3.4.1 Pump Market Revenue, 2013 to 2024 (USD Million)
                       4.3.5 Injector
                             4.3.5.1 Injector Market Revenue, 2013 to 2024 (USD Million)
Chapter 5 Diabetes Devices Market Regional Outlook
                    5.1 Diabetes Devices market share, by region, 2014 & 2024
                    5.2 North America
                       5.2.1 U.S.
                       5.2.2 Canada
                    5.3 Europe
                       5.3.1 UK
                       5.3.2 Germany
                    5.4 Asia Pacific
                       5.4.1 China
                       5.4.2 India
                    5.5 Latin America
                       5.5.1 Brazil
                       5.5.2 Mexico
                    5.6 Middle East and Africa (MEA)
                       5.6.1 South Africa
Chapter 6 Competitive Landscape
                    6.1 Abbott laboratories Inc.
                       6.1.1 Company Overview
                       6.1.2 Financial Performance
                       6.1.3 Product Benchmarking
                       6.1.4 Strategic Initiatives
                    6.2 F. Hoffmann-La Roche AG
                       6.2.1 Company Overview
                       6.2.2 Financial Performance
                       6.2.3 Product Portfolio
                       6.2.4 Strategic Initiatives
                    6.3 Johnson and Johnson
                       6.3.1 Company Overview
                       6.3.2 Financial Performance
                       6.3.3 Product Benchmarking
                       6.3.4 Strategic Initiatives
                    6.4 Bayer HealthCare AG
                       6.4.1 Company Overview
                       6.4.2 Financial Performance
                       6.4.3 Product Benchmarking
                       6.4.4 Strategic Initiatives
                    6.5 Becton, Dickinson and Company
                       6.5.1 Company Overview
                       6.5.2 Financial Performance
                       6.5.3 Product Benchmarking
                       6.5.4 Strategic Initiatives
                    6.6 Medtronic Inc.
                       6.6.1 Company Overview
                       6.6.2 Financial Performance
                       6.6.3 Product Benchmarking
                       6.6.4 Strategic Initiatives
                    6.7 Novo Nordisk A/S
                       6.7.1 Company Overview
                       6.7.2 Financial Performance
                       6.7.3 Product Benchmarking
                       6.7.4 Strategic Initiatives
                    6.8 Sanofi
                       6.8.1 Company Overview
                       6.8.2 Financial Performance
                       6.8.3 Product Benchmarking
                       6.8.4 Strategic Initiatives
List of Tables

TABLE 1 Diabetes Devices - Industry Snapshot & Key Buying Criteria, 2014 - 2024
TABLE 2 Diabetes Devices Market Revenue, by Product, 2013 - 2024 (USD Million)
TABLE 3 Diabetes Devices Market Revenue, by Region, 2013 - 2024 (USD Million)
TABLE 4 Diabetes Devices - Key Market Driver Analysis
TABLE 5 North America Diabetes Devices Market Revenue, by Product, 2013 - 2024 (USD Million)
TABLE 6 U.S. Diabetes Devices Market Revenue, by Monitoring and Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 7 U.S. Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 8 Canada Diabetes Devices Market Revenue, by Monitoring and Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 9 Canada Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 10 Europe Diabetes Devices Market Revenue, by Product, 2013 - 2024 (USD Million)
TABLE 11 U.K. Diabetes Devices Market Revenue, by Monitoring and Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 12 U.K. Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 13 Germany Diabetes Devices Market Revenue, by Monitoring And Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 14 Germany Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 15 Asia Pacific Diabetes Devices Market Revenue, by Product, 2013 - 2024 (USD Million)
TABLE 16 China Diabetes Devices Market Revenue, by Monitoring and Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 17 China Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 18 India Diabetes Devices Market Revenue, by Monitoring and Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 19 India Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 20 Latin America Diabetes Devices Market Revenue, by Product, 2013 - 2024 (USD Million)
TABLE 21 Brazil Diabetes Devices Market Revenue, by Monitoring And Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 22 Brazil Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 23 Mexico Diabetes Devices Market Revenue, by Monitoring And Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 24 Mexico Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million)
TABLE 25 MEA Diabetes Devices Market Revenue, by Product, 2013 - 2024 (USD Million)
TABLE 26 South Africa Diabetes Devices Market Revenue, by Monitoring And Diagnostic Devices, 2013 - 2024 (USD Million)
TABLE 27 South Africa Diagnostic Diabetes Devices Market Revenue, by Insulin Delivery Devices, 2013 - 2024 (USD Million) 


List of Figures

FIG. 1 Diabetes Devices: Market segmentation
FIG. 2 Diabetes Devices Market Revenue, 2013 - 2024 (USD Million)
FIG. 3 Diabetes Devices: Market Dynamics
FIG. 4 Key Opportunities Prioritized
FIG. 5 Diabetes Devices - Porter's Analysis
FIG. 6 Diabetes Devices - PESTEL analysis
FIG. 7 Diabetes Devices: company market share analysis, 2014
FIG. 8 Diabetes Devices : Value Chain Analysis
FIG. 9 Diabetes Devices Market Revenue Share, by Type, 2014 & 2024
FIG. 10 Monitoring and Diagnostic Devices Market Revenue, 2013 to 2024 (USD Million)
FIG. 11 Lancets Market Revenue, 2013 to 2024 (USD Million)
FIG. 12 Analog Glucose Meter Market Revenue, 2013 to 2024 (USD Million)
FIG. 13 Continues Glucose Monitor Market Revenue, 2013 to 2024 (USD Million)
FIG. 14 Test Strips Market Revenue, 2013 to 2024 (USD Million)
FIG. 15 Insulin Delivery Devices Market Revenue, 2013 to 2024 (USD Million)
FIG. 16 Syringe Market Revenue, 2013 to 2024 (USD Million)
FIG. 17 Pen Market Revenue, 2013 to 2024 (USD Million)
FIG. 18 Pump Market Revenue, 2013 to 2024 (USD Million)
FIG. 19 Injector Market Revenue, 2013 to 2024 (USD Million)
FIG. 20 Diabetes Devices market share, by region, 2014 & 2024

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