Diabetes Device Market By Reports And Data
                     Diabetes Device Market To Reach USD 
38.53 Billion By 2026
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       Market  Summary
Key factors contributing to the high CAGR are 
increasing prevalence of diabetes and lack of 
awareness. Further, aspects such as technological 
progressions, product launches and 
collaborations are fueling the market growth of 
diabetes devices.
Diabetes Device Market Size – USD 21.93 
Billion in 2018, Market Growth – CAGR of 7.3%, 
Market Trends – Product Launches and Research 
for Advanced Tech Developments
            M  a Orkuetr  S Aumpmparroyach
Based on current analysis, the global diabetes devices market was valued at USD21.93 billion 
in 2018 and is expected to reach USD 38.53 billion by 2026, at a CAGR 7.3% Rising awareness 
about therapeutics for diabetes and diabetes management among patients is strengthening 
growth of the market. Continuous technological developments and advancements in the 
product is another factor expected to create potential opportunities in the market and 
continue over the forecast period. The diabetes devices offer a solution to diabetes affected 
patients manage the sugar level in the blood. diabetes device are devices used for checking the 
sugar level in the blood, it is also used to control glycemic improvement and reduction in 
hypoglycemia. 
Companies profiled for this market study
Medtronic, Insulet, Dexcom, Sanofi, Tandem, Ypsomed, Eli Lilly, Bayer Healthcare AG, 
Becton Dickinson and Company, Novo Nordisk A/S, Abbott Laboratories, F. Hoffman-La 
Roche AG and Johnson & Johnson.
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       M   a r kOeut  Sru Ampmparyoach
Key findings from the report
• Asia-Pacific is anticipated to grow enormously at CAGR of 8.2% during the forecast period, 
owing to factors, such as a high prevalence of diabetes, growing obese population, and 
government initiatives of raising awareness regarding diabetic care
• Medtronic PLC received the US Food and Drug Administration (FDA) approval for 
Guardian (TM) Connect continuous glucose monitoring (CGM) system, for people with 
diabetes aged between 14-75 years. such market initiatives are proving to be profitable 
for the growth of diabetes device market
• Glucose monitoring devices dominated the diabetes devices market by registering 52% of 
market share in diabetes device products…Continued
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       M   a r kOeut  Sru Ampmparyoach
Type (Revenue in USD Million; 2016–2026)
• Glucose Monitoring Devices
• Self- monitoring blood glucose meters
• Blood glucose testing strips
• Lancets
• Continuous glucose monitoring meters
• Insulin Delivery Devices
• Insulin syringes
• Insulin pens
• Insulin pumps
• Diabetes Management Software
• Artificial Pancreas System                        
       M   a r kOeut  Sru Ampmparyoach
Distribution Channels (Revenue in USD Million; 2016–2026)
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Diabetes Clinics/ Centers
• Others
Regional Outlook (Revenue in USD Million; 2016–2026)
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
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   A  b  oOuutr U Aspproach
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