The US diabetes devices market is projected to grow from $4.7 Bn in 2022 to $5.9 Bn by 2030, registering a CAGR of 2.75% during the forecast period of 2022-30. Some of the key trends in the US diabetes devices market include the development of more advanced glucose monitoring and insulin delivery technologies, the use of digital health platforms and apps to help patients manage their diabetes, and the shift towards value-based care models that prioritize patient outcomes and cost-effectiveness. The US diabetes devices market is highly competitive, with several major players dominating the market. Some of the key players in the market include Abbott Laboratories, Medtronic, Dexcom, Roche, and Insulet Corporation.
According to projections, the US Diabetes Devices Market would increase from $4.7 billion in 2022 to $5.9 billion in 2030, exhibiting a CAGR of 2.75% from 2022 to 2030.
A variety of medical devices are used for the treatment of diabetes, and the US diabetes devices industry is a sizable and expanding business. In order to avoid long-term problems including heart disease, renal disease, and nerve damage, diabetes is a chronic condition that affects how the body processes blood sugar (glucose).
Here are some essential details about the US market for diabetes devices:
Overall, the US diabetes devices market is a dynamic and developing industry that is being influenced by medical and technological advancements, shifting patient needs, and shifting laws and regulations in the healthcare industry. The need for cutting-edge and efficient diabetic devices is projected to grow as the prevalence of the disease rises, opening up potential for both new and established market competitors.
The US diabetes devices market is highly competitive and includes several key players. Some of the major players in this market include:
The US diabetes devices market is regulated by several healthcare policies and regulatory bodies, including:
These healthcare policies and regulatory bodies play a critical role in ensuring the safety and effectiveness of diabetes devices, as well as improving access to diabetes care for people in the US. As the diabetes device market continues to evolve, these policies and regulations will likely continue to adapt to meet the needs of patients and healthcare providers.
1. Report Description of the US Diabetes Devices Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. US Diabetes Devices Market Executive Summary
2.1 US Diabetes Devices Market – Industry Snapshot & key buying criteria, 2022-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of the US Diabetes Devices Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. US Diabetes Devices Market Segmentation
4.1 By Type
4.1.1 Blood glucose monitoring systems
4.1.2 Self-monitoring blood glucose monitoring systems
4.1.3 Continuous glucose monitoring systems
4.1.4 Test strips/Test papers
4.1.5 Lancets/Lancing Devices
4.1.6 Insulin Delivery Devices
4.1.7 Insulin pumps
4.1.8 Insulin pens
4.1.9 Insulin syringes and needles
4.1.10 Diabetes management mobile applications
4.2 By End User
4.2.1 Hospitals & specialty clinics
4.2.2 Self & home care
5. US Diabetes Devices Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in the US
8.2 Regulatory Framework in the US
8.3 Pricing & Reimbursement Scenario in US Diabetes Devices Market
9. Factors Driving Future Growth
9.1 New Trends and Development US Diabetes Devices Market
9.2 Future Opportunities
10. Strategic Recommendations
By Type (Revenue, USD Billion):
The market is divided into blood glucose monitoring systems, insulin delivery systems, and mobile applications for managing diabetes within the type segment. Due to its convenience, ease of use, and usefulness in providing patients and healthcare professionals with real-time insights regarding diabetic conditions for integrated diabetes management, the segment for diabetes management mobile applications is anticipated to grow at the highest rate during the forecast period. Bare-metal Stents
By End User (Revenue, USD Billion):
The diabetes market is divided into hospitals & specialty clinics and self & home care, based on the end user.
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