Medical Device | Healthcare | Biotechnology | Pharmaceuticals

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...

Medtronic (Ireland), B. Braun (Germany), Dexcom (US), Abbott Laboratories (US), Roche Diagnostics (Switzerland), Insulet Corporation (US), Tandem Diabetes Care (US), Ascensia Diabetes Care (Switzerland), LifeScan (US), Tidepool (US), AgaMatrix (US), Glooko Inc. (US), and DarioHealth (Israel) are the leading players in this market. These companies are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies such as product launches, approvals, and enhancements; expansions; agreements, collaborations, and partnerships; and mergers & acquisitions. The global  digital diabetes management market  is projected to reach USD 19.9 billion by 2024 from USD 6.8 billion in 2019, at a CAGR of 23.8%. Factors such as the rising prevalence of diabetes, technological advancements, increasing adoption of cloud-based enterprise solutions, and the growing use of connected devices and apps are driving the growth of this marke...