{"id":5033,"date":"2020-04-21T04:44:00","date_gmt":"2020-04-21T04:44:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/04\/21\/diabetes-devices-market-revenue-to-decline-during-coronavirus-disruption-stakeholders-to-realign-their-growth-strategies\/"},"modified":"2020-04-21T04:44:00","modified_gmt":"2020-04-21T04:44:00","slug":"diabetes-devices-market-revenue-to-decline-during-coronavirus-disruption-stakeholders-to-realign-their-growth-strategies","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/21\/diabetes-devices-market-revenue-to-decline-during-coronavirus-disruption-stakeholders-to-realign-their-growth-strategies\/","title":{"rendered":"Diabetes Devices Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"266\" height=\"93\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/04\/2108-1587394535-1.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pressrelease.icrowdnewswire.com\/assets\/source\/users\/2108\/diabetes-device-market2020.png?1587394451938\" alt=\"diabetes-device-market2020\" \/><\/p>\n<p>Based on current analysis, the global diabetes devices market was valued at USD21.93 billion in 2018 and is expected to reach USD 38.53 billion by 2026, at a CAGR 7.3% Rising awareness about therapeutics for diabetes and diabetes management among patients is strengthening growth of the market. Continuous technological developments and advancements in the product is another factor expected to create potential opportunities in the market and continue over the forecast period. The diabetes devices offer a solution to diabetes affected patients manage the sugar level in the blood. diabetes device are devices used for checking the sugar level in the blood, it is also used to control glycemic improvement and reduction in hypoglycemia.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Diabetes Devices Market Size &ndash; USD 21.93 Billion in 2018, Growth &ndash; CAGR of 7.3%, Trends &ndash; Product Launches and Research for Advanced Tech Developments<\/strong><\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>To look at the PDF Sample Report and get 30 minutes of a free consultation @ <a href=\"https:\/\/www.reportsanddata.com\/sample-enquiry-form\/1488\">https:\/\/www.reportsanddata.com\/sample-enquiry-form\/1488<\/a> <\/strong><\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p>Moreover, multiplying prevalence of diabetes, rising awareness regarding diabetes care, growing intensity of obesity and technological progressions are further fueling the market growth of diabetes devices. According to WHO, over 1.9 billion people were identified to be overweight, of which, around 600 million people were obese. Obese population are likely to be detected with type 1, type 2 or gestational diabetes. This information helps us to understand that diabetes market is growing at an increasing rate due to market drivers mentioned above.<\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>Companies profiled for this market study<\/strong><\/p>\n<p>Medtronic, Insulet, Dexcom, Sanofi, Tandem, Ypsomed, Eli Lilly, Bayer Healthcare AG, Becton Dickinson and Company, Novo Nordisk A\/S, Abbott Laboratories, F. Hoffman-La Roche AG and Johnson &amp; Johnson.<\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>Segments covered in this market study<\/strong><\/p>\n<p><strong>Type (Revenue in USD Million; 2016&ndash;2026)<\/strong><\/p>\n<ul>\n<li>Glucose Monitoring Devices<\/li>\n<li>Self- monitoring blood glucose meters<\/li>\n<li>Blood glucose testing strips<\/li>\n<li>Lancets<\/li>\n<li>Continuous glucose monitoring meters<\/li>\n<li>Insulin Delivery Devices<\/li>\n<li>Insulin syringes<\/li>\n<li>Insulin pens<\/li>\n<li>Insulin pumps<\/li>\n<li>Diabetes Management Software<\/li>\n<li>Artificial Pancreas System&nbsp;<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Distribution Channels (Revenue in USD Million; 2016&ndash;2026)<\/strong><\/p>\n<ul>\n<li>Hospital Pharmacies<\/li>\n<li>Retail Pharmacies<\/li>\n<li>Online Pharmacies<\/li>\n<li>Diabetes Clinics\/ Centers<\/li>\n<li>Others<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Regional Outlook (Revenue in USD Million; 2016&ndash;2026)<\/strong><\/p>\n<ul>\n<li>North America<\/li>\n<li>Europe<\/li>\n<li>Asia Pacific<\/li>\n<li>Middle East &amp; Africa<\/li>\n<li>Latin America<\/li>\n<li>Brazil<\/li>\n<\/ul>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies @ <a href=\"https:\/\/www.reportsanddata.com\/report-detail\/diabetes-device-market\">https:\/\/www.reportsanddata.com\/report-detail\/diabetes-device-market<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong><u>Key findings from the report<\/u><\/strong><\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<ol>\n<li>Asia-Pacific is anticipated to grow enormously at CAGR of 8.2% during the forecast period, owing to factors, such as a high prevalence of&nbsp;diabetes, growing obese population, and government initiatives of raising awareness regarding diabetic care<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol start=\"2\">\n<li>Medtronic PLC&nbsp;received the US Food and Drug Administration (FDA) approval for Guardian (TM) Connect continuous glucose monitoring (CGM) system, for people with diabetes aged between 14-75 years. such market initiatives are proving to be profitable for the growth of diabetes device market<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li>Glucose monitoring devices dominated the diabetes devices market by registering 52% of market share in diabetes device products<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol start=\"4\">\n<li>Expansion of the global diabetes management devices market is also supported by prominent investments, scope of infiltration in middle- and low-income regions and increasing awareness in patient population about effective diabetes control and thus preclusion of disease related complications<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol start=\"5\">\n<li>Opportunities for global diabetes device market are adding up due to development of artificial pancreas and development of home infusiontherapy. Major market players are developing products that designed to instrument glucose monitoring technologies<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol start=\"6\">\n<li>North America is leading the regional market, followed by Europe owing to higher number of obese individuals, advanced healthcare infrastructure, availability of technologically advanced products and overall health consciousness.<\/li>\n<\/ol>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>Avail this report at Attractive Discount rates! Click here to know more @ <a href=\"https:\/\/www.reportsanddata.com\/discount-enquiry-form\/1488\">https:\/\/www.reportsanddata.com\/discount-enquiry-form\/1488<\/a> <\/strong><\/p>\n<p>John Watson<br \/>\nHead of Business Development<br \/>\nReports and Data<br \/>\n40 Wall St. 28th floor New York City, NY 10005 United States<br \/>\nDirect Line:  1-212-710-1370<br \/>\nE-mail: sales@reportsanddata.com<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/373164\/\" rel=\"tag\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/diabetes-devices-market-growth\/\" rel=\"tag\"> Diabetes Devices Market Growth<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/diabetes-devices-market\/\" rel=\"tag\">Diabetes Devices Market<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/diabetes-devices-market-analysis\/\" rel=\"tag\">Diabetes Devices Market Analysis<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/diabetes-devices-market-forecast\/\" rel=\"tag\">Diabetes Devices Market Forecast<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.reportsanddata.com\/report-detail\/diabetes-device-market\" target=\"_blank\">https:\/\/www.reportsanddata.com\/report-detail\/diabetes-device-market<\/a><br \/><b>Contact Information:<\/b><br \/>John Watson<br \/>\nHead of Business Development<br \/>\nReports and Data<br \/>\n40 Wall St. 28th floor New York City, NY 10005 United States<br \/>\nDirect Line: +1-212-710-1370<br \/>\nE-mail: sales@reportsanddata.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news\/\" rel=\"category tag\">News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>John Watson<br \/>\nHead of Business Development<br \/>\nReports and Data<br \/>\n40 Wall St. 28th floor New York City, NY 10005 United States<br \/>\nDirect Line: +1-212-710-1370<br \/>\nE-mail: sales@reportsanddata.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"266\" height=\"93\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/04\/2108-1587394535-1.png\" alt=\"\">Based on current analysis, the global diabetes devices market was valued at USD21.93 billion in 2018 and is expected to reach USD 38.53 billion by 2026, at a CAGR 7.3% Rising awareness about therapeutics for diabetes and diabetes management among patients is strengthening growth of the market. Continuous technological developments and advancements in the product &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/21\/diabetes-devices-market-revenue-to-decline-during-coronavirus-disruption-stakeholders-to-realign-their-growth-strategies\/\">Continue reading <span>Diabetes Devices Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/21\/diabetes-devices-market-revenue-to-decline-during-coronavirus-disruption-stakeholders-to-realign-their-growth-strategies\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":52,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,61,4],"tags":[],"class_list":["post-5033","post","type-post","status-publish","format-standard","hentry","category-english","category-news","category-research-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Diabetes Devices Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/04\/21\/diabetes-devices-market-revenue-to-decline-during-coronavirus-disruption-stakeholders-to-realign-their-growth-strategies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diabetes Devices Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies - Business\" \/>\n<meta property=\"og:description\" content=\"Based on current analysis, the global diabetes devices market was valued at USD21.93 billion in 2018 and is expected to reach USD 38.53 billion by 2026, at a CAGR 7.3% Rising awareness about therapeutics for diabetes and diabetes management among patients is strengthening growth of the market. 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