Market Overview:
The global digital diabetes care market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of diabetes, obesity, and high blood pressure across the globe. Additionally, rising awareness about the benefits of using digital diabetes care devices is also contributing to the growth of this market. The global digital diabetes care market by type is segmented into apps, connected devices, and other devices. The apps segment is expected to grow at a CAGR of 11% from 2018 to 2030 due to increasing adoption of mobile health (mHealth) applications for managing diabetes. The connected device segment is projected to grow at a CAGR of 10% during the forecast period owing to growing demand for smart insulin pumps and continuous glucose monitors (CGM). Other devices include portable blood glucose meters and lancing devices used for measuring blood sugar levels in diabetics.
Product Definition:
Digital diabetes care is a term used to describe the use of digital technology, such as smartphones and wearable devices, to help people living with diabetes manage their condition. Digital diabetes care can include features like tracking blood sugar levels, medication reminders, and educational materials. The use of digital technology can be an important part of managing diabetes because it can make it easier for people to track their progress and receive support from healthcare professionals.
Apps:
Diabetes is a clinical condition where the inability of the pancreas to produce insulin causes increased glucose levels in the body. The global diabetes population has been rapidly increasing over recent decades, with no signs of abating. According to estimates from International Diabetes Federation, 463 million people were living with diabetes across the globe in 2014 and this number is expected to reach 700 million by 2045.
Increasing adoption of smartphones.
Connected Devices:
The global connected devices and it's usage in digital diabetes care market size was valued at USD 1.9 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising number of individuals suffering from obesity, high cholesterol levels, hypertension, and other such conditions are increasing the risk of developing type 2 diabetes which is further driving the demand for connected devices & software for managing diabetes effectively.
Application Insights:
On the basis of application, the global digital diabetes care market is segmented into diabetes, obesity, high blood pressure and depression. Diabetes accounted for a major share in 2017 due to increasing prevalence of the disease. According to WHO¢â‚¬â„¢s estimates, approximately 463 million people have diabetes and this number is expected to reach 700 million by 2050 globally. Thus, growing demand for effective management of type 2 diabetes through online services is anticipated to fuel industry growth during the forecast period.
The obesity application segment is also expected register significant growth over the forecast period owing to rising cases of obesity across various regions including North America and Europe as a result of unhealthy lifestyle habits such as excessive consumption of calories-rich foods and beverages along with lack physical exercise which eventually leads to weight gain & related health issues such as heart diseases cholesterol problems etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing cases of obesity and diabetes. According to a study published by CDC, in 2016 around 30% of adults in U.S were obese and another 39% were overweight; these statistics show that there is a high prevalence of obesity and diabetes among this population which needs proper treatment.
Growth Factors:
- Increasing prevalence of diabetes: The global prevalence of diabetes is increasing at an alarming rate. This is primarily due to the changing lifestyle and dietary habits of people across the world. According to a study by IDF (International Diabetes Federation), the number of people with diabetes will reach 642 million by 2040. This will create a huge demand for digital diabetes care solutions, which can help in better managing this chronic disease.
- Rising awareness about digital health solutions: There has been a significant rise in awareness about the benefits of using digital health solutions among people with chronic diseases such as diabetes mellitus. This is driving more and more patients towards adopting these technologies for better self-management of their conditions.
- Advances in technology: Rapid advances in technology are helping to develop innovative digital health solutions that can make managing diabetes easier for patients worldwide. These advancements are also making these technologies more affordable, thus widening their adoption potential further still .
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Diabetes Care Market Research Report
By Type
Apps, Connected Devices, Other
By Application
Diabetes, Obesity, High Blood Pressure, Depression
By Companies
LifeScan Inc., Ascensia Diabetes Care, Informed Data Systems Inc., Roche Holding AG, H2 Inc., Livongo Health, Omada Health, Abbott, Dexcom, Dario Health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Digital Diabetes Care Market Report Segments:
The global Digital Diabetes Care market is segmented on the basis of:
Types
Apps, Connected Devices, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Diabetes, Obesity, High Blood Pressure, Depression
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LifeScan Inc.
- Ascensia Diabetes Care
- Informed Data Systems Inc.
- Roche Holding AG
- H2 Inc.
- Livongo Health
- Omada Health
- Abbott
- Dexcom
- Dario Health
Highlights of The Digital Diabetes Care Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Apps
- Connected Devices
- Other
- By Application:
- Diabetes
- Obesity
- High Blood Pressure
- Depression
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Diabetes Care Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital diabetes care is a way to manage your diabetes using technology. This includes using devices such as blood glucose meters, insulin pumps, and other medical equipment. It also includes tracking your blood sugar levels, managing your medications, and communicating with your doctor or diabetes specialist online.
Some of the major companies in the digital diabetes care market are LifeScan Inc., Ascensia Diabetes Care, Informed Data Systems Inc., Roche Holding AG, H2 Inc., Livongo Health, Omada Health, Abbott, Dexcom, Dario Health.
The digital diabetes care market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Diabetes Care Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Diabetes Care Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Diabetes Care Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Diabetes Care Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Diabetes Care Market Size & Forecast, 2018-2028
4.5.1 Digital Diabetes Care Market Size and Y-o-Y Growth
4.5.2 Digital Diabetes Care Market Absolute $ Opportunity
Chapter 5 Global Digital Diabetes Care Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Diabetes Care Market Size Forecast by Type
5.2.1 Apps
5.2.2 Connected Devices
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Diabetes Care Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Diabetes Care Market Size Forecast by Applications
6.2.1 Diabetes
6.2.2 Obesity
6.2.3 High Blood Pressure
6.2.4 Depression
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Diabetes Care Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Diabetes Care Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Diabetes Care Analysis and Forecast
9.1 Introduction
9.2 North America Digital Diabetes Care Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Diabetes Care Market Size Forecast by Type
9.6.1 Apps
9.6.2 Connected Devices
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Diabetes Care Market Size Forecast by Applications
9.10.1 Diabetes
9.10.2 Obesity
9.10.3 High Blood Pressure
9.10.4 Depression
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Diabetes Care Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Diabetes Care Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Diabetes Care Market Size Forecast by Type
10.6.1 Apps
10.6.2 Connected Devices
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Diabetes Care Market Size Forecast by Applications
10.10.1 Diabetes
10.10.2 Obesity
10.10.3 High Blood Pressure
10.10.4 Depression
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Diabetes Care Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Diabetes Care Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Diabetes Care Market Size Forecast by Type
11.6.1 Apps
11.6.2 Connected Devices
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Diabetes Care Market Size Forecast by Applications
11.10.1 Diabetes
11.10.2 Obesity
11.10.3 High Blood Pressure
11.10.4 Depression
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Diabetes Care Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Diabetes Care Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Diabetes Care Market Size Forecast by Type
12.6.1 Apps
12.6.2 Connected Devices
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Diabetes Care Market Size Forecast by Applications
12.10.1 Diabetes
12.10.2 Obesity
12.10.3 High Blood Pressure
12.10.4 Depression
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Diabetes Care Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Diabetes Care Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Diabetes Care Market Size Forecast by Type
13.6.1 Apps
13.6.2 Connected Devices
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Diabetes Care Market Size Forecast by Applications
13.10.1 Diabetes
13.10.2 Obesity
13.10.3 High Blood Pressure
13.10.4 Depression
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Diabetes Care Market: Competitive Dashboard
14.2 Global Digital Diabetes Care Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LifeScan Inc.
14.3.2 Ascensia Diabetes Care
14.3.3 Informed Data Systems Inc.
14.3.4 Roche Holding AG
14.3.5 H2 Inc.
14.3.6 Livongo Health
14.3.7 Omada Health
14.3.8 Abbott
14.3.9 Dexcom
14.3.10 Dario Health
