The Digital Diabetes Market Set to Skyrocket, Projected to Hit $12.03 Billion


Posted December 18, 2023 by Jyoti22

Digital Diabetes Market by Product (SMBG, CGM, Smart Insulin Pump, Smart Insulin Pens, Software, Apps), End User (Home Care, Hospitals and Clinics), and Geography
 
The digital revolution in diabetes management continues to surge, with a forecasted Compound Annual Growth Rate (CAGR) of 21.7% from 2018 to 2025, propelling the market value to a staggering $12.03 billion by 2025. This meteoric rise is driven by innovative tools and solutions that cater to the evolving needs of individuals grappling with diabetes.
Digital diabetes tools encompass an array of advanced devices and virtual platforms designed to support individuals in managing their condition. These tools range from continuous blood glucose monitors, automated insulin pumps, and "smart" injector pens to mobile apps, online patient portals, and community-driven education hubs.
Top 10 Companies Powering the Digital Diabetes Market : https://meticulousblog.org/top-10-companies-in-digital-diabetes-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-12-2023
LifeScan: Offering a diverse portfolio including blood glucose meters, testing strips, and integrated digital solutions for both hospital and home use, LifeScan serves the global diabetes community across 90+ countries.
Hoffmann-La Roche AG: Operating worldwide, Roche Diabetes Care under the Roche umbrella provides blood glucose monitoring systems, insulin delivery systems, and robust digital solutions.
Medtronic: With a comprehensive Diabetes Group segment focusing on insulin pump therapy, Continuous Glucose Monitoring (CGM) systems, and therapy management software, Medtronic's global presence spans across continents.
Ascensia Diabetes Care: Known for its contour range of blood glucose monitoring systems, Ascensia operates in over 125 countries, delivering innovative solutions to healthcare professionals and patients.
Tandem Diabetes Care: Specializing in insulin-dependent diabetes products, Tandem's offerings include cutting-edge insulin delivery systems and continual product innovation.
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Dexcom Inc.: Dexcom excels in continuous glucose monitoring systems, distributing its products globally to healthcare facilities and individual users.
SocialDiabetes: As a digital health company, SocialDiabetes integrates personalized insights with real-time data, offering a smartphone-based bolus calculator and interactive platforms for patient engagement.
One Drop: Positioned as a comprehensive diabetes management platform, One Drop utilizes mobile technology and cloud-based analytics to empower patients, caregivers, employers, insurers, and healthcare providers.
H2 Inc.: Pioneering a cloud-based health management platform, H2 Inc.'s flagship product "Health2Sync" simplifies and personalizes diabetes management, providing Bluetooth support for seamless data syncing.
Dottli: Offering a suite of digital health solutions, Dottli's mobile and web-based software store and analyze health data, catering to occupational health care and insurance companies seeking to enhance population health.
Top 10 Trailblazers Reshaping the Digital Diabetes Landscap : https://meticulousblog.org/top-10-companies-in-digital-diabetes-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-12-2023
Meticulous Research Forecasts Unprecedented Growth
Meticulous Research's latest study forecasts a remarkable 21.7% growth trajectory in the Digital Diabetes Market between 2018 and 2025. This growth signifies a pivotal moment in diabetes care, heralding a future defined by innovation, accessibility, and enhanced patient outcomes.
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Last Updated December 18, 2023