Latest News- Digital Diabetes Management Market: Hospitals is expected to lead the End-user segment during 2025-2029

The Digital Diabetes Management Market is being driven by Rising global burden of diabetes

The Digital Diabetes Management Market is expected to grow at a CAGR of 13.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16573.2 million. The global digital diabetes management market is experiencing significant innovation, with manufacturers prioritizing the development of more compact, lightweight, and ergonomic wearable medical devices. Technological advancements, such as system-on-chip (SoC) and chip-scale package (CSP) technologies, enable size reduction in healthcare wearables. Furthermore, 32-bit advanced RISC machines (ARM) architecture and wireless technologies like ANT and Bluetooth Low Energy (BLE) contribute to the design of power-efficient and long-lasting wearable devices. Notably, companies are escalating their R&D investments to produce advanced digital diabetes management systems. For instance, the MiniMed 670G system introduces technology that replicates some pancreatic functions by delivering automated insulin in two levels. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals
  • Home settings
  • Diagnostic centers
• Type
  • Wearable devices
  • Hand-held devices
• Product
  • SMBG meters
  • Insulin pumps
  • CGM devices
  • CGM sensors
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • Japan
    • South Korea
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising global burden of diabetes
• Growing awareness of benefits of digital diabetes management
• Increasing government support to reduce diabetes

However, the market also witnesses some limitations, which are as follows:

• Stringent regulatory framework in digital diabetes management
• Low penetration in developing economies
• High cost of devices and lack of reimbursement

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Market Scope in Digital Diabetes Management Market Research Report

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Research Analysis Overview

The Digital Diabetes Management Market encompasses technologies such as CGM integration APIs, insulin dose calculations, blood glucose pattern analysis, diabetes risk assessment, treatment adherence tracking, and patient data visualization. It also includes features like health coach interactions, actionable health insights, real-time glucose data, personalized treatment plans, mobile app usability, data privacy compliance, and sensor calibration methods. Advanced analytics models, predictive modeling accuracy, patient feedback mechanisms, system integration challenges, remote monitoring efficacy, telemedicine integration, longitudinal health data, clinical trial data, health outcome measures, patient reported outcomes, glucose variability analysis, and advanced analytics models are other key components. Device interconnectivity, algorithm accuracy metrics, patient support services, and data privacy compliance are essential aspects ensuring effective diabetes management.

Market Research Overview

The Digital Diabetes Management Market is a significant segment of the global healthcare equipment market, encompassing Continuous Glucose Monitoring (CGM) systems, insulin pump therapy, and solutions for both Type 1 and Type 2 diabetes management. According to Technavio, the global healthcare equipment market, which includes manufacturers of diagnostic equipment and devices used across various therapy areas, is sized based on combined revenues. This market consists of the following segments: Devices, which include advanced, differentiated, and clinically tested data-driven devices, such as CGMs and insulin pumps, that contribute to the diagnosis, monitoring, and treatment of diabetes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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