Diabetes Care Market Size, Share, and Industry Report [2031]
Diabetes Care Market Size, Share, and Industry Report [2031]
Segments - Germany Diabetes Care Market by Monitoring Devices (Self-monitoring Blood Glucose and Continuous Glucose Monitoring) and Management Devices (Insulin Pumps, Insulin Disposable Pens, Insulin Syringes, Cartridges in Reusable Pens, and Jet Injectors) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :HC-1595
| 4.8 Rating
| 57 Reviews
| 189 Pages
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Report Description
The Germany Diabetes Care market size was USD 2.02 Billion in 2022 and is likely to reach USD 3.41 Billion by 2031, expanding at a CAGR of 6% during 2023–2031. The growth of the market is attributed to the reimbursement, price policies, and increasing rate of adoption of new technology.
Diabetes is a group of illnesses characterized by problems with the hormone insulin, which is generated by the pancreas and regulates blood sugar levels. During these situations, either the pancreas does not generate enough insulin or the body is unable to utilize the hormone properly. Diabetes is one of the leading causes of serious complications in most German patients, including heart attacks, strokes, end-stage renal disease, blindness, and amputations of limbs, despite numerous advances and breakthroughs in its diagnostic and treatment procedures. Various digital care solutions have been launched in the country to assist persons with diabetes as the rates of these illnesses have increased. For example, real-time behavioral and metabolic data is increasingly being used to inform patients about their current insulin levels and assist them in making treatment decisions.
Germany Diabetes Care Market Trends, Drivers, Restraints, and Opportunities
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Increasing number of diabetic patients and increased awareness of diabetes management and control is estimated to fuel the market during the forecast period.
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Rising awareness of diabetes is key factor spurring the market in the coming years.
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High cost of the treatment is expected to hamper the market growth.
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Negative consequences associated with various diabetes treatment devices act as major challenge that can hinder the market expansion in the coming years.
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Introduction of several new medicines, increased international research partnerships, and increased public knowledge about diabetes are anticipated to create lucrative opportunities for the market players.
Scope of Germany Diabetes Care Market Report
The report on the Germany diabetes care market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Germany Diabetes Care Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Monitoring Devices (Self-monitoring Blood Glucose and Continuous Glucose Monitoring) and Management Devices (Insulin Pumps, Insulin Disposable Pens, Insulin Syringes, Cartridges in Reusable Pens, and Jet Injectors) |
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Geographical Scope |
Germany |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Abbott Diabetes Care; Medtronic; Dexcom; Roche; and Johnson & Johnson |
Germany Diabetes Care Market Segment Insights
The self-monitoring blood glucose segment is projected to hold a major market share
Based on monitoring devices, the Germany diabetes care market is bifurcated into self-monitoring blood glucose and continuous glucose monitoring. The self-monitoring blood glucose segment is expected to represent a key share of the market during the forecast period. The frequency with which glucose levels are checked is determined by the kind of diabetes, which differs from patient to patient. Patients with type 1 diabetes should check their blood glucose levels at frequent intervals in order to monitor their blood glucose levels and modify their insulin dose as needed. When compared to a routine check of glucose levels at defined intervals, modern CGM systems provide a comprehensive picture of blood glucose patterns and trends.
The insulin disposable pens segment is expected to grow at a rapid pace
On the basis of management devices, the Germany diabetes care market is segregated into insulin pumps, insulin disposable pens, insulin syringes, cartridges in reusable pens, and jet injectors. The insulin disposable pens segment is expected to represent a key share of the market during the forecast period. Insulin disposable pens are the most often used insulin devices in Germany. This segment accounts for more than 55% of the market share in the management devices sector and about 13% of the total diabetes care devices market. Insulin cartridges in reusable pens have long been recognized as a necessary addition to insulin pens. These gadgets are thought to be a more advanced form of insulin vials. Majority of insulins are produced in the form of cartridges, making them conveniently accessible. Because of the rising demand for insulin cartridges, most insulin device manufacturers have developed reusable insulin pens that are interoperable with cartridges from multiple insulin manufacturers.
Segments
The Germany diabetes care market has been segmented on the basis of
Monitoring devices
- Self-monitoring Blood Glucose
- Continuous Glucose Monitoring
Management devices
- Insulin Pumps
- Insulin Disposable Pens
- Insulin Syringes
- Cartridges in Reusable Pens
- Jet Injectors
Key Players
- Abbott Diabetes Care
- Medtronic
- Dexcom
- Roche
- Johnson & Johnson
Competitive Landscape
Key players competing in the Germany diabetes care market include Abbott Diabetes Care; Medtronic; Dexcom; Roche; and Johnson & Johnson.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Diabetes Care Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diabetes Care Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diabetes Care Market - Supply Chain
4.5. Global Diabetes Care Market Forecast
4.5.1. Diabetes Care Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diabetes Care Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Diabetes Care Market Absolute $ Opportunity
5. Global Diabetes Care Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Diabetes Care Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Diabetes Care Demand Share Forecast, 2019-2026
6. North America Diabetes Care Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Diabetes Care Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Diabetes Care Demand Share Forecast, 2019-2026
7. Latin America Diabetes Care Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Diabetes Care Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Diabetes Care Demand Share Forecast, 2019-2026
8. Europe Diabetes Care Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Diabetes Care Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Diabetes Care Demand Share Forecast, 2019-2026
9. Asia Pacific Diabetes Care Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Diabetes Care Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Diabetes Care Demand Share Forecast, 2019-2026
10. Middle East & Africa Diabetes Care Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Diabetes Care Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Diabetes Care Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Diabetes Care Market: Market Share Analysis
11.2. Diabetes Care Distributors and Customers
11.3. Diabetes Care Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Abbott Diabetes Care
11.4.2. Medtronic
11.4.3. Dexcom
11.4.4. Roche
11.4.5. Johnson & Johnson
Methodology
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