Global Smart Diabetes Management Market Size, Share, Growth, Trends, Company Analysis and Forecast 2020 to 2027

The smart diabetes management market is expected to grow at a CAGR of 15.1% during the forecast period of 2020 to 2027 and to reach market value around US$ 13.9 billion by 2027.

The report analyzes and forecasts the smart diabetes management market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global smart diabetes management market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the smart diabetes management market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of smart diabetes management market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

Report Highlights

The devices segment held a major share of the smart diabetes management market in 2019. It is likely to maintain its dominance during the forecast period, attributed to a surge in inclination toward self-diabetes management. The demand for smart insulin delivery and glucose level monitoring devices has been rising due to their advanced technological features such as data collection and integration with digital health solutions, and more accurate and cost-effective diabetes management. Furthermore, the introduction of new products and ease of handling of these products are anticipated to drive the devices segment of the smart diabetes management market. The trend of connected healthcare and healthcare IT is likely to drive the adoption of smart diabetes management devices and apps. Features of connectivity with electronic health record (HER) and electronic medical record (EMR) systems, assistance in tele medicines, and remote patient monitoring are key features that are likely to propel the smart diabetes management market in the near future. In terms of application, the type 2 diabetes segment of the smart diabetes management market is estimated to account for a major share, and expand at a rapid pace during the forecast period. Physical inactivity, change in lifestyles, and unhealthy dietary habits are causing diabetes. Expansion of the application segment is attributed to a surge in the geriatric population with a high prevalence of diabetes. For instance, According to the World Health Organization, an estimated 1.6 million deaths were caused due to diabetes in 2014, and around 8.5% of adults had diabetes, worldwide.

Prominent Regions

North America holds a major share of the global smart diabetes management market. The market in the region is estimated to expand at a moderate CAGR during the forecast period. The smart diabetes management market in North America is primarily driven by the early adoption of technologically-advanced products and inclination toward self-diabetes management among patients in the region. Moreover, the presence of key players with diversified product portfolios and a supportive reimbursement scenario from public and private sectors are major factors that are anticipated to boost the smart diabetes management market in the region. For instance, In March 2018, Sanofi-Aventis U.S. LLC received approval from the U. S. Food and Drug Administration for Toujeo Max SoloStar. This product approval enabled the company to strengthen its product portfolio. In February 2018, Medtronic received U.S. Food and Drug Administration approval for the Guardian Sensor 3. This product approval enabled the company to strengthen its diabetes group product portfolio. Asia Pacific accounts for a significant share of the global smart diabetes management market.

The market in the region is projected to expand at a rapid pace during the forecast period. Rise in population with high diabetes prevalence is anticipated to drive the smart diabetes management market in the region. Moreover, rising awareness about self-diabetes management is likely propel the smart diabetes management market in the region. Europe is likely to hold a notable share of the smart diabetes management market, and expand at a moderate CAGR during the forecast period. The smart diabetes management market in Europe is primarily driven by an increase in prevalence of diabetes. For instance, according to the International Diabetes Federation, an estimated 35 million people had diabetes in 2011, and the number is projected to reach 43 million by 2030. Moreover, distribution agreements among key players are likely augment the smart diabetes management market. For instance, in April 2018, Tandem Diabetes Care entered into an agreement with Movi SpA for the distribution of the t:Slim X2 insulin pump in Italy. This agreement enabled the company to expand its insulin pump options for patients and healthcare providers.

The global smart diabetes management market is moderately fragmented, with top three to four players accounting for around 40% to 50% of the global market. Key manufacturers engage in new product development, collaborations, key acquisitions, and distribution agreements. For instance, in June 2018, Medtronic plc, a leader in medical technology, launched an updated iPro (TM) 2 myLog app. It is powered by Nutrio. This app enables a patient to understand the link between meals and glucose variability. In November 2018, Insulet Corporation collaborated with Samsung Electronics America, Inc. It is the first medical device that has enabled consumers to control insulin pump therapy with the help of a smartphone, and improve diabetes management. Key developments by market players are likely to propel the smart diabetes management market.

Key Players

Prominent players operating in the smart diabetes management market are F. Hoffmann-La Roche Ltd, Medtronic, Dexcom, Inc., Insulet Corporation, Abbott, Jiangsu Delfu medical device Co., Ltd, DIAMESCO CO., Ltd., LifeScan, Inc., Glooko, Inc., and GlucoMe. 

Segmentation:

Smart Diabetes Management Market by Product

  • Devices
    • Smart Glucose Meters
    • Continuous Glucose Monitoring Systems
    • Smart Insulin Pens
    • Smart Insulin Pumps
    • Closed Loop Systems
  • Apps and Software

Smart Diabetes Management Market by Application

  • Type 1 Diabetes
  • Type 2 Diabetes

Smart Diabetes Management Market by End User

  • Self/Home Healthcare
  • Hospital/Specialty/Diabetes Clinics

Smart Diabetes Management Market by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa 

Reasons to Purchase this Report:

- Estimates 2019-2026 smart diabetes management market development trends with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global smart diabetes management capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key smart diabetes management manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Capter 1. Preface
1.1. Definition and Scope
1.2. Segmentation
1.3. MarketKey Research Objectives
1.4. Market Research Highlights
Capter 2. Assumptions and Research Methodology
Capter 3. Executive Summary: Global Smart Diabetes Management Market
Capter 4. Overview
4.1. Introduction
4.1.1. Products Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Dynamics
4.3.1. Drivers
4.3.1.1. Rise in prevalence of diabetes
4.3.1.2. Increase in awareness about diabetes
4.3.1.3. Favourable reimbursement policies
4.3.1.4. Surge in adoption of connected medical devices
4.3.2. Restraints
4.3.2.1. High cost
4.3.2.2. Patient and provider burden
4.3.2.3. Patient privacy & data security
4.3.3. Opportunities
4.4. Global Market Analysis and Forecast, 2019–2026
5. Market Outlook
5.1. Technological Advancement
5.2. Key Development (Product launch, Approval, Collaboration, Partnership, and Acquisitions)
5.3. Diabetes Prevalence in Key Countries
6. Global Market Analysis and Forecast, By Products
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Global Market Value Forecast, by Product, 2019–2026
6.3.1. Devices
6.3.1.1. Smart Glucose Meters
6.3.1.2. Continuous Glucose Monitoring Systems
6.3.1.3. Smart Insulin Pens
6.3.1.4. Smart Insulin Pumps
6.3.1.5. Closed Loop Systems
6.3.2. Apps & Software
6.4. Global Market Attractiveness, by Product
7. Global Market Analysis and Forecast, by Application
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Global Smart Diabetes Management Market Value Forecast, by Application, 2019–2026
7.3.1. Type 1 Diabetes
7.3.2. Type 2 Diabetes
7.4. Global Smart Diabetes Management Market Attractiveness, by Application
8. Global Smart Diabetes Management Market Analysis and Forecast, by End-user
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Global Smart Diabetes Management Market Value Forecast, by End-user, 2019–2026
8.3.1. Self/Home Healthcare
8.3.2. Hospital/Specialty Diabetes Clinics
8.4. Global Smart Diabetes Management Market Attractiveness, by End-user
9. Global Smart Diabetes Management Market Analysis and Forecast, by Region
9.1. Key Findings
9.2. Global Smart Diabetes Management Market Value Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Smart Diabetes Management Market Attractiveness, by Region
10. North America Smart Diabetes Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. North America Smart Diabetes Management Market Value Forecast, by Product, 2019–2026
10.2.1. Devices
10.2.1.1. Smart Glucose Meters
10.2.1.2. Continuous Glucose Monitoring Systems
10.2.1.3. Smart Insulin Pens
10.2.1.4. Smart Insulin Pumps
10.2.1.5. Closed Loop Systems
10.2.2. Apps & Software
10.3. North America Smart Diabetes Management Market Value Forecast, by Application, 2019–2026
10.3.1. Type 1 Diabetes
10.3.2. Type 2 Diabetes
10.4. North America Smart Diabetes Management Market Value Forecast, by End-user, 2019–2026
10.4.1. Self/Home Healthcare
10.4.2. Hospital/Specialty Diabetes Clinics
10.5. North America Smart Diabetes Management Market Value Forecast, by Country, 2019–2026
10.5.1. U.S.
10.5.2. Canada
10.6. North America Smart Diabetes Management Market Attractiveness Analysis
10.6.1. By Products
10.6.2. By Application
10.6.3. By End-user
10.6.4. By Country
11. Europe Smart Diabetes Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Europe Smart Diabetes Management Market Value Forecast, by Product, 2019–2026
11.2.1. Devices
11.2.1.1. Smart Glucose Meters
11.2.1.2. Continuous Glucose Monitoring Systems
11.2.1.3. Smart Insulin Pens
11.2.1.4. Smart Insulin Pumps
11.2.1.5. Closed Loop Systems
11.2.2. Apps & Software
11.3. Europe Smart Diabetes Management Market Value Forecast, by Application, 2019–2026
11.3.1. Type 1 Diabetes
11.3.2. Type 2 Diabetes
11.4. Europe Smart Diabetes Management Market Value Forecast, by End-user, 2019–2026
11.4.1. Self/Home Healthcare
11.4.2. Hospital/Specialty Diabetes Clinics
11.5. Europe Smart Diabetes Management Market Value Forecast, by Country/Sub-region, 2019–2026
11.5.1. Germany
11.5.2. U.K.
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Rest of Europe
11.6. Europe Smart Diabetes Management Market Attractiveness Analysis
11.6.1. By Products
11.6.2. By Application
11.6.3. By End-user
11.6.4. By Country/Sub-region
12. Asia Pacific Smart Diabetes Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Asia Pacific Smart Diabetes Management Market Value Forecast, by Product, 2019–2026
12.2.1. Devices
12.2.1.1. Smart Glucose Meters
12.2.1.2. Continuous Glucose Monitoring Systems
12.2.1.3. Smart Insulin Pens
12.2.1.4. Smart Insulin Pumps
12.2.1.5. Closed Loop Systems
12.2.2. Apps & Software
12.3. Asia Pacific Smart Diabetes Management Market Value Forecast, by Application, 2019–2026
12.3.1. Type 1 Diabetes
12.3.2. Type 2 Diabetes
12.4. Asia Pacific Smart Diabetes Management Market Value Forecast, by End-user, 2019–2026
12.4.1. Self/Home Healthcare
12.4.2. Hospital/Specialty Diabetes Clinics
12.5. Asia Pacific Smart Diabetes Management Market Value Forecast, by Country/Sub-region, 2019–2026
12.5.1. China
12.5.2. Japan
12.5.3. India
12.5.4. Australia & New Zealand
12.5.5. Rest of Asia Pacific
12.6. Asia Pacific Smart Diabetes Management Market Attractiveness Analysis
12.6.1. By Products
12.6.2. By Application
12.6.3. By End-user
12.6.4. By Country/Sub-region
13. Latin America Smart Diabetes Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Latin America Smart Diabetes Management Market Value Forecast, by Product, 2019–2026
13.2.1. Devices
13.2.1.1. Smart Glucose Meters
13.2.1.2. Continuous Glucose Monitoring Systems
13.2.1.3. Smart Insulin Pens
13.2.1.4. Smart Insulin Pumps
13.2.1.5. Closed Loop Systems
13.2.2. Apps & Software
13.3. Latin America Smart Diabetes Management Market Value Forecast, by Application, 2019–2026
13.3.1. Type 1 Diabetes
13.3.2. Type 2 Diabetes
13.4. Latin America Smart Diabetes Management Market Value Forecast, by End-user, 2019–2026
13.4.1. Self/Home Healthcare
13.4.2. Hospital/Specialty Diabetes Clinics
13.5. Latin America Smart Diabetes Management Market Value Forecast, by Country/Sub-region, 2019–2026
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Smart Diabetes Management Market Attractiveness Analysis
13.6.1. By Product
13.6.2. By Application
13.6.3. By End-user
13.6.4. By Country/Sub-region
14. Middle East & Africa Smart Diabetes Management Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Middle East & Africa Smart Diabetes Management Market Value Forecast, by Product, 2019–2026
14.2.1. Devices
14.2.1.1. Smart Glucose Meters
14.2.1.2. Continuous Glucose Monitoring Systems
14.2.1.3. Smart Insulin Pens
14.2.1.4. Smart Insulin Pumps
14.2.1.5. Closed Loop Systems
14.2.2. Apps & Software
14.3. Middle East & Africa Smart Diabetes Management Market Value Forecast, by Application, 2019–2026
14.3.1. Type 1 Diabetes
14.3.2. Type 2 Diabetes
14.4. Middle East & Africa Smart Diabetes Management Market Value Forecast, by End-user, 2019–2026
14.4.1. Self/Home Healthcare
14.4.2. Hospital/Specialty Diabetes Clinics
14.5. Middle East & Africa Smart Diabetes Management Market Value Forecast, by Country/Sub-region, 2019–2026
14.5.1. GCC Countries
14.5.2. South Africa
14.5.3. Rest of Middle East & Africa
14.6. Middle East & Africa Smart Diabetes Management Market Attractiveness Analysis
14.6.1. By Products
14.6.2. By Application
14.6.3. By End-user
14.6.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player – Competition Matrix (By Tier and Size of companies)
15.2. Market Share Analysis By Company (2018)
15.3. Company Profiles
15.3.1. F. Hoffmann-La Roche Ltd
15.3.1.1. Company Overview
15.3.1.2. Product Portfolio
15.3.1.3. SWOT Analysis
15.3.1.4. Financial Overview
15.3.1.5. Strategic Overview
15.3.2. Medtronic
15.3.2.1. Company Overview
15.3.2.2. Product Portfolio
15.3.2.3. SWOT Analysis
15.3.2.4. Financial Overview
15.3.2.5. Strategic Overview
15.3.3. Dexcom, Inc
15.3.3.1. Company Overview
15.3.3.2. Product Portfolio
15.3.3.3. SWOT Analysis
15.3.3.4. Financial Overview
15.3.3.5. Strategic Overview
15.3.4. Insulet Corporation
15.3.4.1. Company Overview
15.3.4.2. Product Portfolio
15.3.4.3. SWOT Analysis
15.3.4.4. Financial Overview
15.3.4.5. Strategic Overview
15.3.5. Abbott
15.3.5.1. Company Overview
15.3.5.2. Product Portfolio
15.3.5.3. SWOT Analysis
15.3.5.4. Financial Overview
15.3.5.5. Strategic Overview
15.3.6. Jiangsu Delfu medical device Co., Ltd
15.3.6.1. Company Overview
15.3.6.2. Product Portfolio
15.3.6.3. SWOT Analysis
15.3.7. DIAMESCO CO., Ltd.
15.3.7.1. Company Overview
15.3.7.2. Product Portfolio
15.3.7.3. SWOT Analysis
15.3.8. LifeScan, Inc.
15.3.8.1. Company Overview
15.3.8.2. Product Portfolio
15.3.8.3. SWOT Analysis
15.3.8.4. Strategic Overview
15.3.9. Glooko, Inc.
15.3.9.1. Company Overview
15.3.9.2. Product Portfolio
15.3.9.3. SWOT Analysis
15.3.9.4. Strategic Overview
15.3.10. GlucoMe
15.3.10.1. Company Overview
15.3.10.2. Product Portfolio
15.3.10.3. SWOT Analysis
15.3.10.4. Strategic Overview

Proceed To Buy

USD 4500
USD 3800
USD 1900
USD 1200

Customization Offered

  • check-imgCross-segment Market Size and Analysis for Mentioned Segments
  • check-imgAdditional Company Profiles (Upto 5 With No Cost)
  • check-img Additional Countries (Apart From Mentioned Countries)
  • check-img Country/Region-specific Report
  • check-img Go To Market Strategy
  • check-imgRegion Specific Market Dynamics
  • check-imgRegion Level Market Share
  • check-img Import Export Analysis
  • check-imgProduction Analysis
  • check-imgOthers