Digital Diabetes Management Market Size, Share, Growth and Industry Trends, 2030

The global digital diabetes management market size was valued at USD 11.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. 

The global digital diabetes management market size was valued at USD 11.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. 

The market’s robust growth is majorly attributed to the growing prevalence of diabetes, coupled with technological advancements and innovations. As per the International Diabetes Federation, around 537 million adults were living with diabetes in 2021, with the number expected to reach 783 million by 2045. As digital technology is continuously advancing, the market is expected to witness a wide range of innovations within the diabetes space, which has the potential to change the way we manage the disease. The number of smartphone apps available for diabetes management has increased sharply in recent years, and over a hundred apps are available on web-based app stores that can help patients monitor their blood glucose levels.

Rapidly changing lifestyle patterns, such as smoking and increasing consumption of alcohol, are expected to contribute to the increasing incidence of diabetes worldwide. Moreover, obesity is another major factor in the fast-growing number of diabetes patients. The market for diet and weight management apps is showing great potential with the increasing obese population, coupled with the growing awareness regarding these services among patients.

Gather more insights about the market drivers, restrains and growth of the Digital Diabetes Management Market

Digital Diabetes Management Market Report Highlights

• Based on product, the continuous blood glucose monitoring segment dominated the market in 2022, accounting for a revenue share of over 40.6%

• The smart insulin pens product segment will expand at the fastest CAGR of 11.4% during the forecast period

• By type, the wearable devices segment held the largest revenue share in 2022 and is likely to emerge as the fastest-growing segment during the forecast period

• In the apps product segment, digital diabetes management apps accounted for the largest revenue share in 2022. Weight and diet management apps are projected to exhibit the fastest growth rate during the forecast period

• North America held the dominant revenue share in 2022 and is expected to maintain its dominance during the forecast period owing to favorable reimbursement policies, the presence of key players, and supportive government initiatives

Browse through Grand View Research's Medical Devices Industry Research Reports.

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Digital Diabetes Management Market Segmentation 

Grand View Research has segmented the global digital diabetes management market based on product, type, end-use, and region:

Digital Diabetes Management Product Outlook (Revenue, USD Million, 2018 - 2030)

• Smart Glucose Meter

• Continuous Blood Glucose Monitoring System

• Smart Insulin Pens

• Smart Insulin Pumps

• Apps

o Digital Diabetes Management Apps

o Weight & Diet Management Apps

Digital Diabetes Management Type Outlook (Revenue, USD Million, 2018 - 2030)

• Wearable Devices

• Handheld Devices

Digital Diabetes Management End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Home settings

• Diagnostic centers

Digital Diabetes Management Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Sweden

o Norway

o Denmark

• Asia Pacific

o Japan

o China

o India

o Australia

o Thailand

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE 

o Kuwait

Order a free sample PDF of the Digital Diabetes Management Market Intelligence Study, published by Grand View Research.

 


Manisha J

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