SAN FRANCISCO, Oct. 15, 2019 /PRNewswire/ -- Digital Diabetes Management Market report now released by Data Bridge Market Research. Digital Diabetes Management Market report presents a complete assessment of covering future trend, Latest Trend, current growth factors, facts, and industry validated market data forecast till 2026. The report provides an in-depth analysis of the latest trends, business scenario, size and share of Major Competitors such as Agamatrix, Inc, Glooko, Inc, GlucoMe, Becton, Dickinson and Company, Azumio, Diabnext, Voluntis, Smart Meter LLC among others.
Global digital diabetes management market is projected to register a healthy CAGR of 17.8% in the forecast period of 2019 to 2026.
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Rising Number of Geriatric Population
The world geriatric population continues to growing. According to the National Institute of Health, approximately 617 million (8.50%) people are aged 65 and over. The percentage of geriatric population will increase by 17.00% of the world population by 2025. Many countries in Europe and Asia have higher geriatric population.
As per the National Institutes of Health in 2015, the geriatric population is expected to double in next three decades which means it will increase from 48 million to 88 million by 2050.
High Cost of Devices
High cost of devices is another major restrain for this market because middle class and lower middle class population cannot afford high prices these expensive devices which are used for self-monitoring glucose level in the body. Especially in developing countries like including India, Malaysia, Bangladesh and others.
Some major players operating in this market are
- PHC Holdings Corporation,
- WellDoc, Inc
- Dexcom, Inc
- B. Braun Melsungen AG
- F. Hoffmann-La Roche Ltd
- Insulet Corporation
- Tandem Diabetes Care
- Lifescan, Inc
- among others
A global technology innovation in type II diabetes management will create new lucrative opportunity for manufacturers to come up with new products in the market. Some of the technology are mentioned in the below.
Now day's number of latest technology apps has been introduced that are available in the market for monitoring glucose level. These devices are available with latest technology and provide accurate, fast, displays glucose measure data on screen.
- By Product & Services (Devices, Digital Diabetes Management Apps, Data Management Software and Platforms, Services),
- By Type (Wearable Devices, Handheld Devices),
- By End User (Home Care Settings, Diabetes Clinics, Academic & Research Institutes, Others)
- Based on the geography (North America, South America, Asia and Pacific region, Middle east and Africa, Europe)
Diabetes management consists of test strip supplies, connected devices, application driven administrations, along with coaching services so that patients can manage their blood sugar level. Diabetes is a disease that is requires being monitor on daily basis and this digital diabetes management devices help the patient to do that. This helps them to avoid damage to their eyes, kidneys, and nerves.
Total Chapters in Digital Diabetes Management Market Report are:
- Chapter 1 Overview of Digital Diabetes Management Market
- Chapter 2 Global Market Status and Forecast by Regions
- Chapter 3 Global Market Status and Forecast by Types
- Chapter 4 Global Market Status and Forecast by Downstream Industry
- Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
- Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
- Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
- Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
- Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
- Chapter 10 Market Driving Factor Analysis of Low End Servers
- Chapter 11 Competition Status by Major Manufacturers
- Chapter 12 Major Manufacturers Introduction and Market Data
- Chapter 13 Upstream and Downstream Market Analysis of Digital Diabetes Management Market
- Chapter 14 Cost and Gross Margin Analysis of Digital Diabetes Management Market
Get Detailed TOC with Tables and Figures at https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-diabetes-management-market
Potential Held by the Report:
- Recent industry trends and developments
- Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market
- To gain insightful analyses of the market and have a comprehensive understanding of the "Digital Diabetes Management Market" and its commercial landscape
- To understand the outlook and prospects for market analysis and forecast 2018-2025.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
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