SOURCE: Research and Markets

Research and Markets

February 12, 2016 08:26 ET

Global Diabetes Care Devices Market Outlook: 2015-2020 -- High Cost Associated With Diagnosis & Treatment

DUBLIN, IRELAND --(Marketwired - February 12, 2016) - Research and Markets has announced the addition of the "Global Diabetes Care Devices Market Outlook: 2015-2020" report to their offering.

The global diabetes care devices market is expected to grow at a CAGR of 5.2% from 2015 to 2020 to reach $24.6 billion by 2020.

This market is mainly driven by increasing prevalence of diabetes, technological advancements, rise in obese population, sedentary lifestyle and improper diet, and increasing need for faster and safer diagnosis and treatment of diabetes. Furthermore, huge investments by the market leaders and foraying of new companies into this market, wide scope of penetration in untapped and emerging markets, and rising awareness among people about diabetes care are also accelerating the growth of this market.

However, high cost associated with diagnosis and treatment, reimbursement issues for new technologies, lack of awareness, strict regulatory obligations, and high cost of diabetic food hinders the growth of this market to some extent.

The research report on the diabetes care devices market provides comprehensive analysis of the global market with a country level analysis and helps in understanding the driving forces for the growth of this market. The report also provides analysis of major product segments such as diabetes control solutions, diabetes monitoring devices, and insulin delivery devices.

The diabetes monitoring devices segment further sub-segmented into continuous blood glucose monitoring devices, test strips, lancets, and hemoglobin A1c (HbA1c) testing kits. The insulin delivery devices further sub-segmented into insulin syringes, insulin pens, insulin pumps, and insulin injectors.

Key Topics Covered:

1 Introduction to Diabetes Care Devices Market

2 Executive Summary

3 Market Insights

4 Global Diabetes Care Devices -- Market Crackdown ($ Value Analysis), By Product Type

5 Diabetes Care Devices -- Market Crackdown ($ Value Analysis), By Geography

6 Global Diabetes Care Devices Market -- Competitive Landscape

7 Company Profiles

  • ARKRAY Inc.
  • Abbott Laboratories
  • Bayer HealthCare AG
  • Becton, Dickinson and Company
  • Dexcom, Inc.
  • Eli Lilly and Company
  • F. Hoffmann-La Roche Ltd.
  • Johnson & Johnson
  • Medtronic, Inc.
  • Novo Nordisk A/S
  • Sanofi S.A
  • Tandem Diabetes Care, Inc
  • Terumo Corporation
  • Ypsomed AG

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