The Global Diabetes Care Market size reached USD 20,302 Million in 2020 and is expected to register a revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Global Diabetes Care Market revenue growth is expected to be driven by key factors such as increasing prevalence of diabetes worldwide, rising awareness regarding benefits of diabetes treatment and management, and favorable government initiatives in various countries. In addition, technological advancements in medical devices and solutions, and rising prevalence of obesity are factors driving revenue growth of the market.

The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Diabetes Care market for the forecast period from 2020 to 2027.

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Some major companies in the market report include Medtronic plc (Ireland), B. Braun (Germany), DexCom, Inc. (US), Abbott (US), F. Hoffman-La Roche Ltd. (Switzerland), Novo Nordisk A/S (Denmark), Becton, Dickinson and Company (US), Sanofi (France), Terumo Corporation, Ypsomed (Switzerland), Dr. Morepen (India), Insulet, Life Scan IP holdings, and Eli Lilly and Company
Some Key Highlights from the Report
Based on device type, the market is segmented into blood glucose monitoring devices and insulin delivery devices (pumps, pens, syringes, and jet injectors). Blood glucose monitoring devices segment is further sub-segmented into self-monitoring devices (blood glucose meters, testing strips, and lancets) and continuous glucose monitoring devices (sensors, transmitters and receivers). The blood glucose monitoring devices segment accounted for largest share in 2020 and the trend is expected to continue over the forecast period.
On the basis of distribution channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment dominated other distribution segments in the global market and accounted for the largest revenue share in 2020 owing to high demand and availability of diabetic care products. The two types of pharmacies operating within a hospital campus are inpatient pharmacy and outpatient pharmacy, and footfalls to hospitals is relatively high for diabetes.
Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Diabetic Care Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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SEGMENTATION

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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