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Jul 1, 2020 3:04 AM ET

Diabetes Devices Market 2020: Emerging Opportunities, Overview, Key Players Analysis, Trends, Share Forecast to 2026




iCrowd Newswire - Jul 1, 2020

Diabetes Devices Market: Coronavirus Pandemic: Short and long-term actions taken by Key Players Abbott, Sanofi, Hoffmann-La Roche Ltd, Medtronic, Braun Melsungen AG, Eli Lilly and Company, BD, Tandem Diabetes Care, Inc

The Global “Diabetes Devices Market” is anticipated to exhibit an impressive CAGR of 5.5% on account of rising prevalence of diabetes. Key insights into this fast growing market, valued at US$ 32,441.3 mn in 2018, have been shared by Fortune Business Insights in its report, titled “Diabetes Devices Market Size, Share and Global Trend By Product (Monitoring Devices, Treatment Devices), By Distribution Channel (Institutional Sales, Retail Sales) and Geography Forecast till 2026”. The report brings out the key aspects that will influence the market in the forecast period. Diabetes is a metabolic disease in which the body is unable to process glucose, leading to elevated levels of blood sugar. This happens as the body does not make enough insulin (a hormone made by the pancreas), which helps the glucose enter the cells and supply the body with energy to function. Diabetes devices such as insulin pumps and continuous glucose monitors are used by medical professionals and patients to regulate and monitor blood glucose levels.

 

Leading Players operating in the Diabetes Devices Market are:

 

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

 

 

 

 

 

 

 

 

Request a Sample Copy of the Research Report:https://www.fortunebusinessinsights.com/enquiry/sample/diabetes-devices-market-100803

 

Certain Misgivings May Restrain Market Growth

 

The global diabetes devices market is expected to grow on the basis of steadily rising adoption rates of various monitoring devices. However, certain devices entail a few risks, which may cast a shadow of doubt in the minds of consumers. For example, insulin pumps are very convenient and efficient way to administer the required amount of insulin into the body. But, there is a fear that patients might get infected at the catheter site. Insulin pumps are also expensive, which can push people to avail traditional methods of diabetes care. Similarly, continuous glucose monitors (CGMs) are known to be inaccurate, especially in case of drop in glucose levels. This is mainly because the technology is still developing. CGMs are also known to be expensive.

 

Key Segmentation:

 

By Product

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/diabetes-devices-market-100803

 

Detailed Table of Content:

 

 

 

 

 

Continued…

 

An Overview of the Impact of COVID-19 on this Market:

 

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

 

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

 

Click here to get the short-term and long-term impact of COVID-19 on this Market Please visit:

 

https://www.fortunebusinessinsights.com/industry-reports/diabetes-devices-market-100803

 

Reasons to Purchase this Report:

 

 

 

 

 

 

KEY QUESTIONS ANSWERED:

 

 

 

 

 

 

 

 

 

 

 

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About Us:

 

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

 

Contact Us:

 

Fortune Business Insights™ Pvt. Ltd.

 

308, Supreme Headquarters,

 

Survey No. 36, Baner,

 

Pune-Bangalore Highway,

 

Pune – 411045, Maharashtra, India.

 

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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Diabetes Devices Market 2020: Emerging Opportunities, Overview, Key Players Analysis, Trends, Share Forecast to 2026








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