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Digital Diabetes Market by Product (SMBG, CGM, Smart Insulin Pump, Smart Insulin Pens, Software, Apps), End User (Home Care, Hospitals and Clinics), and Geography - Global Forecast to 2025

Report ID:MRHC - 104245 Pages: 148 Feb-2019 Formats*: PDF Category: Healthcare Delivery: 2 to 4 Hours

The Digital Diabetes Market is expected to grow at a CAGR of 21.7%from 2018 to 2025 to reach $12.03 billion by 2025. Factors such as rising number of diabetic patients, increasing penetration of smartphones, technological advancement in diabetes devices, and growing funding for diabetes are driving the growth of this market. However, high cost of devices and poor reimbursement scenario is expected to hinder the growth of this market in the coming years.

Rising number of diabetes fuels the growth of the global digital diabetes market

Diabetes is attaining epidemic proportions and digital health companies are fighting back with innovative solutions. Approximately, one in 11 adults across the globe has diabetes attributing to 425 million people, worldwide. As the cases of diabetes are growing so is the digital diabetes market. Over the last few years, the digital diabetes care market has substantially progressed. If these trends continue, by 2045, 693 million people aged between 18-99 years, or 629 million of people aged between 20-79 years, will have diabetes. Globally, diabetes results in $727 billion of healthcare expenditure, which corresponds to one for every eight dollars spent on healthcare. Thus, rising number of diabetic patients across the globe and increasing demand for better ways to manage the disease is expected to drive the adoption of innovative diabetes devices, software, and apps among patients over the coming years, thereby driving the growth of the digital diabetes market.

Increasing funding for diabetes management software and apps drives the market growth

In recent years, number of pharma companies and research organizations have increased funding for digital diabetes care app’s and software development. For instance,

In 2015, mySugar raised $4.8 million from Roche Ventures and iSeed Ventures to scale up its user base in the US and other countries.
In 2017, Glooko, the leader in diabetes data management, announced $35 million in new funding to accelerate growth, expand international presence, and deepen expertise in data analytics.
In 2017, Wellthy Therapeutics Pvt Ltd, which operates a mobile-based diabetes management platform, raised an undisclosed sum from early-stage investor GrowX Ventures.
In 2018, Livongo Health raised $105 million more as the business of mobile monitoring technology to manage chronic conditions attracts big names in technology, health insurance and the investor community.
In 2018, Fit4D, a New York City-based diabetes management app, announced $4 million funding to expand its innovation efforts.

The rising number of funding from companies and organizations is expected to drive the adoption of digital diabetes devices which in turn is expected to drive the growth of this market in coming years.

Digital Diabetes Market

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Key findings in the global digital diabetes market study:

Devices segment dominates digital diabetes market during the forecast period

The devices segment accounted for the largest share in digital diabetes market in 2018. This market is expected to grow at a CAGR of 21.5% in the forecast period mainly attributed to growing diabetic population, increasing adoption of diabetes devices, and growing awareness about diabetes in emerging countries.

CGM Systems is expected to dominate the digital diabetes devices market

CGM systems accounted for the largest share of digital diabetes devices market, by type. Increasing adoption of CGM systems, development of advanced CGM systems, and favorable government policies in developed countries promoting adoption of CGM systems are the key factors contributing to the largest share and highest growth of this segment.

Home Care is the largest end user segment for digital diabetes market

Over the past few years, the development and adoption of home care devices has increased. In addition, growing focus of companies to increase awareness about diabetes and diabetes devices & apps are further driving the adoption in home care settings. In 2018, home care segments accounted for the largest share of the global digital diabetes market.

Asia Pacific: Fastest growing regional market

Asia Pacific expected to register the fastest growth during forecast period. Several factors, such as high pool of diabetic patients, increasing healthcare expenditure, and growing focus of key players towards this region are expected to propel the growth of this market. Increasing disposable income and growing awareness on diabetes and associated diseases are further expected to drive the growth of this regional segment.

Digital Diabetes Market Key Players

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2015-2018). The key players in the global digital diabetes market are Lifescan, Roche, Medtronic, Ascensia Diabetes Care, Tandem Diabetes Care, Dexcomm, SocialDiabetes, One Drop, H2 Inc., Dottli Oy, Abbott Laboratories, Ypsomed holding AG, ARKRAY Inc., and Insulet Corporation among many others.

Scope of Digital Diabetes Market Report:

Digital Diabetes Market by Product

Devices
- Self-Monitoring Blood Glucose (SMBG) Systems
- Continuous Glucose Monitoring (CGM) Systems
- Smart Insulin Pumps
  - Traditional
  - Tubeless/Patch Pump
  - Closed Loop Pump
- Smart Insulin Pens
Diabetes Management Software
Diabetes Management Apps

Digital Diabetes Market by End User

Home care
Hospitals and Clinics

Digital Diabetes Market by Geography

North America
- U.S.
- Canada
Europe
- Germany
- Spain
- France
- U.K.
- Italy
- Rest of Europe (RoE)
Asia-Pacific (APAC)
- Japan
- China
- India
- Rest of APAC (RoAPAC)
Latin America
Middle East and Africa

Key questions answered in the report:

Smart glucose meters dominated the digital diabetes market

Which factors contribute to better acceptance of smart glucose meters as compared to other diabetes management devices?
Which geographic segment is expected to register highest growth in the smart glucose meters market and other product segments?
What are the factors driving greater demand for digital diabetes management products and services?

North America favors both regional and local manufacturers that compete in multiple segments

Who are the top market players and what strategies they adopt to gain majority of the market share?
What strategies should emerging/ developing companies adopt to enter/compete effectively in this market?
What strategies local players have adopted to compete with the global market leaders?
What are the major drivers, restraints, and opportunities in the digital diabetes market?
Who are the major players in various countries and what share of the market do they hold?
What are the geographical trends and high growth regions/ countries?

Recent strategic developments taken place in the digital diabetes market

What technological advancements have taken place in this industry?
Which companies are recently merged/acquired by prominent players in this market and how will these unions affect the competitive landscape of the digital diabetes market?
Who are the major players in the global digital diabetes market and what shares of the market do they hold?
What are the local emerging players in this market and how do they compete with the global players?

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In Vitro Diagnostics

Healthcare

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Currency
1.4. Limitations
1.5. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation

3. Executive Summary
3.1. Introduction
3.2. Market Dynamics
3.3. Product Segment Analysis
3.4. End User Segment Analysis
3.5. Regional Analysis
3.6. Competitive Analysis

4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Rising Number of Diabetic Patients
4.2.2. Increase Funding for Software and Apps
4.2.3. Growing Popularity of Bundles
4.2.4. Increase in Penetration of Smartphone & Advance Device-Agonistic Feature
4.3. Restraints
4.3.1. High Cost of Devices and Lack of Proper Reimbursement
4.4. Opportunities
4.4.1. Pipeline Products
4.4.2. High Growth in Emerging Countries

5. Industry Analysis
5.1. Diabetes Statistics
5.2. Evolution of Diabetes Management
5.3. Technology Evolution/Overview

6. Global Digital Diabetes Market, by Product
6.1. Introduction
6.2. Diabetes Management Devices
6.2.1. Smart Insulin Pumps
6.2.1.1. Traditional Insulin Pumps
6.2.1.2. Tubeless/Patch Pumps
6.2.1.3. Threshold Suspend Device System & Close Loop Pumps
6.2.2. Continuous Glucose Monitoring (CGM) Systems
6.2.3. SMBG Systems
6.2.4. Smart Insulin Pens
6.3. Diabetes Management Software
6.4. Diabetes Management Apps

7. Global Digital Diabetes Market, by End User
7.1. Introduction
7.2. Hospitals and Clinics
7.3. Homecare

8. Digital Diabetes Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. U.K.
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of APAC
8.5. Latin America
8.6. Middle East & Africa

9. Competitive Landscape
9.1. Introduction
9.2. Market Share Analysis
9.3. Competitive Situations and Trends
9.3.1. Approvals
9.3.2. Agreement and Collaborations
9.3.3. Acquisitions
9.3.4. Product Launch
9.3.5. Other Developments

10. Company Profiles (Business Overview, Financial Overview, Product & Service Portfolio, Strategic Developments)
10.1. LifeScan, Inc.
10.2. Roche AG
10.3. Medtronic
10.4. Ascensia Diabetes Care.
10.5. Tandem Diabetes Care, Inc.
10.6. Dexcom, Inc.
10.7. SocialDiabetes
10.8. One Drop.
10.9. H2 Inc.
10.10. Dottli
10.11. Abbott Laboratories
10.12. Ypsomed Holding AG
10.13. ARKRAY, Inc.
10.14. Insulet Corporation
10.15. ACON Laboratories, Inc.

11. Appendix
11.1. Questionnaire
11.2. Available Customization

List of Tables

Table 1 Currency Conversion Rates for USD
Table 2 Emerging Countries: Diabetes Statistics, 2017
Table 3 Top Ten Countries/Territories for Diabetes Prevalence (20-79 Years), 2017-2045
Table 4 Global Diabetes Prevalence (20-79 Years), 2017-2045
Table 5 Technology Innovators
Table 6 Global Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 7 Digital Diabetes Market Size, by Country, 2016-2025 ($Million)
Table 8 Global Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 9 Global Insulin Pump Market Size, by Type, 2016-2025 ($Million)
Table 10 Insulin Pump Market Size, by Country/Region, 2016-2025 ($Million)
Table 11 Global Traditional Insulin Pump Market Size, by Country, 2016-2025 ($Million)
Table 12 Tubeless/Patch Pump Market Size, by Country, 2016-2025 ($Million)
Table 13 Close Loop Pump Market Size, by Type, 2016-2025 ($Million)
Table 14 Current Status of Global Real-Time Continuous Glucose Monitoring Coverage and Reimbursement
Table 15 Continuous Glucose Monitoring Market Size, by Country/Region, 2016-2025 ($Million)
Table 16 Key Smart SMBG Systems
Table 17 Self Monitoring Blood Glucose Systems Market, by Country, 2016-2025 ($Million)
Table 18 Smart Insulin Pen Market, by Country/Region, 2016-2025 ($Million)
Table 19 Key Diabetes Management Software
Table 20 Digital Diabetes Management Software Market Size, by Country/Region, 2016-2025 ($Million)
Table 21 Key Diabetes Management Apps
Table 22 Digital Diabetes Management Apps Market, by Country/Region, 2016-2025 ($Million)
Table 23 Global Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 24 Hospital & Clinical Market Size, by Country/Region, 2016-2025 ($Million)
Table 25 Home Care Market Size, by Country/Region, 2016-2025 ($Million)
Table 26 Digital Diabetes Market Size, by Region, 2016-2025 ($Million)
Table 27 North America: Digital Diabetes Market Size, by Country, 2016-2025 ($Million)
Table 28 North America: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 29 North America: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 30 North America: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 31 North America: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 32 U.S.: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 33 U.S.: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 34 U.S.: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 35 U.S.: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 36 Canada: Diabetes Statistics, 2016 Vs 2026
Table 37 Canada: Cost of Diabetes, $Million (2010 Vs 2020)
Table 38 Canada: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 39 Canada: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 40 Canada: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 41 Canada: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 42 Europe: Diabetes Statistics, 2017-2045
Table 43 Top 5 European Countries: Diabetes Statistics (18-99 Years), 2017
Table 44 Europe: Digital Diabetes Market Size, by Country, 2016-2025 ($Million)
Table 45 Europe: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 46 Europe: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 47 Europe: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 48 Europe: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 49 Germany: Diabetes Statistics (2017)
Table 50 Germany: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 51 Germany: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 52 Germany: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 53 Germany: Digital Diabetes Market, by End User, 2016-2025 ($Million)
Table 54 U.K.: Diabetes Statistics (2017)
Table 55 U.K.: Key Diabetes Apps
Table 56 U.K.: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 57 U.K.: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 58 U.K.: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 59 U.K.: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 60 France: Diabetes Statistics (2017)
Table 61 France: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 62 France: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 63 France: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 64 France: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 65 Italy: Diabetes Statistics (2017)
Table 66 Italy: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 67 Italy: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 68 Italy: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 69 Italy: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 70 Spain: Diabetes Statistics (2017)
Table 71 Spain: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 72 Spain: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 73 Spain: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 74 Spain: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 75 Key RoE Countries: Diabetes Statistics (18-99 Years), 2017
Table 76 Rest of Europe: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 77 Rest of Europe: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 78 Rest of Europe: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 79 Rest of Europe: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 80 Top 5 Asia-Pacific Countries: Diabetes Statistics, 2017
Table 81 Asia-Pacific: Digital Diabetes Market Size, by Country, 2016-2025 ($Million)
Table 82 Asia-Pacific: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 83 Asia-Pacific: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 84 Asia-Pacific: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 85 Asia-Pacific: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 86 China: Diabetes Statistics (2017)
Table 87 China: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 88 China: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 89 China: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 90 China: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 91 India: Diabetes Statistics (2017)
Table 92 India: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 93 India: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 94 India: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 95 India: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 96 Japan: Diabetes Statistics (2017)
Table 97 Japan: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 98 Japan: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 99 Japan: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 100 Japan: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 101 RoAPAC: Diabetes Statistics (2017)
Table 102 Rest of APAC: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 103 Rest of APAC: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 104 Rest of APAC: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 105 Rest of APAC: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 106 Latin America: Diabetes Statistics (2017)
Table 107 Per Capita Diabetes Expenditure in Latin America, by Country, 2015
Table 108 Latin America: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 109 Latin America: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 110 Latin America: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 111 Latin America: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Table 112 Middle East & Africa: Diabetes Statistics, by Country (2017)
Table 113 Per Capita Diabetes Expenditure in Middle East, by Country, 2015
Table 114 Middle East & Africa: Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Table 115 Middle East & Africa: Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Table 116 Middle East & Africa: Insulin Pumps Market Size, by Type, 2016-2025 ($Million)
Table 117 Middle East & Africa: Digital Diabetes Market Size, by End User, 2016-2025 ($Million)

List of Figures

Figure 1 Scope of Global Digital Diabetes Market
Figure 2 Key Stakeholders of Global Digital Diabetes Market Size
Figure 3 Research Process
Figure 4 Key Executives Interviewed
Figure 5 Primary Research Techniques
Figure 6 Market Size Estimation
Figure 7 Global Digital Diabetes Market Size, by Product, 2018-2025 ($Million)
Figure 8 Global Digital Diabetes Market Size, by Product, (2018-2025)
Figure 9 Digital Diabetes Management Devices Market Size, by Type, 2018-2025 ($Million)
Figure 10 Digital Diabetes Management Devices Market Share, by Type, (2018)
Figure 11 Insulin Pumps Market Size, by Type, 2018-2025 ($Million)
Figure 12 Insulin Pumps Market Share, by Type, (2018)
Figure 13 Digital Diabetes Market Size, by End User, 2018-2025 ($Million)
Figure 14 Digital Diabetes Market Size, by End User, 2018
Figure 15 Digital Diabetes Market Size, by Region, 2018-2025 ($Million)
Figure 16 Digital Diabetes Market Size, by Region, 2018-2025
Figure 17 Global Digital Diabetes Market Size, by Product, 2016-2025 ($Million)
Figure 18 Global Digital Diabetes Devices Market Size, by Type, 2016-2025 ($Million)
Figure 19 Global Insulin Pump Market Size, by Type, 2016-2025 ($Million)
Figure 20 Global Digital Diabetes Market Size, by End User, 2016-2025 ($Million)
Figure 21 Digital Diabetes Market Size, by Region, 2016-2025 ($Million)
Figure 22 Market Share Analysis: Insulin Pumps
Figure 23 Market Share Analysis: CGM Systems
Figure 24 Roche AG: Financial Overview (2015-2017)
Figure 25 Medtronic: Financial Overview (2015-2017)
Figure 26 Dexcom, Inc.: Financial Overview (2015-2017)
Figure 27 Abbott Laboratories: Financial Overview (2015-2017)
Figure 28 Insulet Corporation: Financial Overview (2015-2017)