Medical Device | Healthcare | Biotechnology | Pharmaceuticals

  Digital diabetes management solutions are smartphone-connected diabetes management devices and software platforms used by patients suffering from Type 1, Type 2, and gestational diabetes. Medical professionals also use these solutions to manage diabetes. Various digital diabetes management devices such as smart glucose meters, continuous glucose monitoring systems, smart insulin pens, and smart insulin pumps/closed-loop systems and smart insulin patches are used for glucose monitoring and insulin delivery. Diabetes management applications, data management software & platforms, and services are used by patients and healthcare providers for remote monitoring, data analysis, and disease management. The Digital Diabetes Management Market is experiencing significant growth due to rising prevalence of diabetes has increased the focus on the development and adoption of better solutions for diabetes care. Also, advancements in technologies have ensured the introduction of highly...

What are the Global Growth Factors? The major factors driving the growth of digital diabetes management market include the rising prevalence of diabetes, technological advancements, increasing adoption of cloud-based enterprise solutions, and the growing use of connected devices and apps. What The Experts Says about the Market Growth? The digital diabetes management market is projected to reach $19.9 billion by 2024 from an estimated $6.8 billion in 2019, at a CAGR of 23.8%.   Wearable devices segment to witness the highest growth in the digital diabetes management devices market, by type Based on type, the digital diabetes management devices market is segmented into wearable devices and handheld devices. The wearable devices segment accounted for the largest share of the digital diabetes management devices market in 2018. By product & service, the devices segment accounted for the largest share of the digital diabetes management market Based on product & s...