Diabetes Devices Market: USD 67.39 Billion Projected Market Size by 2034, Driven by 8.1% CAGR
Detrimental lifestyles, aging, and obesity are driving the market demand.
The most recent research study by Polaris Market Research reveals that the diabetes devices market is anticipated to flourish at a stable rate. With a projected CAGR of 8.1%, the market was valued at USD 33.32 billion in 2025. It is ready to grow to USD 67.39 billion by 2034.
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง:
The doctor might indicate that the patient must take insulin to maintain the blood sugar levels from escalating. It is a hormone that an organ known as the pancreas makes to assist the usage or reserve of sugar in the food one consumes. If one has type 1 diabetes, the pancreas has halted making insulin, and if one has type 2 diabetes, the organ makes insulin, but the body does not utilize it appropriately.
Rather than shots, the doctor may indicate an insulin pump, which continuously provides interim or speedy-acting insulin. One yet requires to examine the blood sugar levels but the pump might be a better alternative. Obesity and surplus body fat, particularly covering the abdomen, are vehemently linked to type 2 diabetes, pushing diabetes devices market demand.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/global-diabetes-device-market/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐๐๐ญ๐๐ฌ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
โข Abbott Diabetes Care
โข B Braun Melsungen AG
โข Biocorp
โข DexCom, Inc.
โข Johnson & Johnson
โข GlucoModicum
โข LifeScan Inc.
โข Medtronic PLC
โข Molex
โข Novo Nordisk
โข Phillips-Medisize
โข Roche Diabetes Care
โข Senseonics, Inc.
โข Tandem Diabetes Care, Inc.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข Potential To Reduce Hospital Stays: The growing demand for the market is being powered by the capacity to decrease hospital stays and death rates amongst diabetic patients. These devices permit for consistent observing and handling of blood sugar levels, authorizing patients to cautiously confront their condition and circumvent grave obstacles that frequently need prolonged hospitalization, boosting the demand for diabetes devices market growth.
โข Rise Of Diabetes In Developing Economies: the existence of diabetes is surging worldwide, with a notable surge witnessed in advancing economies such as China and India. This is prominently propelled by speedy urbanization and the surge of desk-bound lifestyles.
โข Technological Progressions: Ongoing inventions in technologies are enhancing security, bioanalytical presentation, wearing period, bio-compatibility, and alternate clinical attributes. These progressions help patients comprehend their conditions better and make educated choices about regulating their blood sugar levels.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/global-diabetes-device-market/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โข The diabetes devices market segmentation is based on type, distribution channel, end use, and region.
โข By type analysis, the insulin delivery devices segment held the largest market share. This is due to the notable technological progressions such as insulin patches, pumps, and automated insulin delivery (AID) systems.
โข By distribution channel analysis, the hospital pharmacies segment is poised to register a significant CAGR. This is due to elevated proportions of patients and the obtainability of contemporary innovative commodities.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The research report covers all the major regions and sub-regions of the diabetes devices market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
โข North America: North America accounted for the largest market share. This is primarily because of several elements such as a surging aging population, growing cases of diabetes because of lifestyle alterations, escalating existence of obesity, and elevated prices of cure.
โข Asia Pacific: Asia Pacific is anticipated to witness the fastest CAGR from 2025 to 2034. The regionโs existence of spearheading market contenders and the growing existence of diabetes fuels the regional market expansion.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/global-diabetes-device-market/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐ ๐๐๐ฌ:
What is the forecast period of the diabetes devices market?
The forecast period of the market is 2025 to 2034.
What are the segments covered in the diabetes devices market?
The segments covered in the market are type, distribution channel, and end-use.
Which region dominated the market share in 2024?
North America held the largest share of the global market in 2024.
What is the growth rate of the market?
The global market is projected to register a CAGR of 8.1% during the forecast period.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐'๐ฌ ๐๐ข๐๐๐๐ญ๐๐ฌ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐ซ๐จ๐ฆ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ฎ๐๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
The global diabetes devices industry is expected to reach USD 67.39 billion by 2034,exhibiting a CAGR of 8.1% during 2025โ2034.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMRโs clientele spread across different enterprises. We at Polaris are obliged to serve PMRโs diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMRโs customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMRโs customers.
Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
sales@polarismarketresearch.com
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