The Germany Diabetes Care market size is projected to register a substantial CAGR during the forecast period, 2021–2028. 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.
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.
Attributes |
Details |
Report Title |
Germany Diabetes Care Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
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) |
Geographical Scope |
Germany |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Abbott Diabetes Care; Medtronic; Dexcom; Roche; and Johnson & Johnson |
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.
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 Covered in the Report
The Germany diabetes care market has been segmented on the basis of
Monitoring devices
Management devices
Key Players
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.
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