Digital Diabetes Management Market
Digital Diabetes Management Market Size, Share & Trends Analysis Report by Products & Services (Devices, Applications, Data Management Software & Platforms, and Services), by Device Type (Wearable Devices, and Hand-Held Devices), and by End-User (Hospitals, and Home Settings) Forecast Period (2024-2031)
Digital diabetes management market is anticipated to grow at a CAGR of 14.6% during the forecast period (2024-2031). Digital diabetes management refers to the use of technology-based tools and applications to aid individuals in managing their diabetes. These digital solutions can include mobile apps, online platforms, and connected devices that track and analyze health data such as blood glucose levels, diet, exercise, and medication adherence. The growing need for the on-time management of diabetes to limit its impact on health is a major motivator for the growth of this global market.
Market Dynamics
Advancements in Digital Health Technology
The ongoing advancements in digital health technology, such as continuous glucose monitoring (CGM) systems, smart insulin pens, and advanced data analytics, are propelling the market forward. The CGMs can alert users when the glucose levels are rising or dropping, and how quickly. This can help user to decide how to reach their target range. For instance, if your blood sugar is 110 and an arrow is pointing down, it could mean that your blood sugar could drop to 60–90 points in 30 minutes, which might not be safe. Advancements in digital diabetes management products and services allow users to make informed decisions, which leads to fewer emergencies.
Rising Focus on Personalized Healthcare
Personalized healthcare in digital diabetes management is a patient-centered approach that tailors treatment and management strategies to individual patient needs and preferences. Digital Twins and Personal Health Knowledge Graphs (PHKGs), Continuous Glucose Monitoring (CGM), Virtual Care and Telehealth, Mobile Health Apps, and Artificial Intelligence (AI). These innovative concepts involve creating a digital replica of a patient’s health profile and integrating data from diverse sources to provide real-time, patient-centric care. Personalized virtual care using telehealth services, including CGM, can improve glycemic control and reduce diabetes-related distress.
Market segmentation
- Based on product the market is segmented into devices, applications, data management software & platforms, and services. Based on devices, the market is sub-segmented into smart glucose meters, smart insulin pens, and Continuous Glucose Monitoring (CGM) systems.
- Based on application, the market is sub-segmented into diabetes & blood glucose tracking Apps, and obesity & diet management Apps.
- Based on type, the market is segmented into wearable devices and hand-held devices.
- Based on the end-user, the market is segmented into hospitals and home settings.
Hospitals Lead the Way in the Digital Diabetes Management Market
Hospitals play a crucial role in digital diabetes management by integrating advanced technologies into their care protocols to provide better outcomes for patients with diabetes. Hospitals are increasingly integrating patient data from various digital sources into their Electronic Health Records (EHR) systems for a more comprehensive view of a patient’s health status. Additionally, hospitals are at the forefront of research into new digital diabetes management technologies, often conducting clinical trials to test the efficacy and safety of new devices and apps.
Regional Outlook
The global digital diabetes management market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
North America holds largest market share
The advanced healthcare regional infrastructure is conducive to the adoption of new technologies. Robust research and development infrastructure along with growing funding for diabetes research is further aiding the regional market share. The significant presence of the diabetic population along with new product launches to meet user’s demands is further driving the regional market growth. For instance, in October 2023, Insulet received 510(k) clearance from the Food and Drug Administration for its Omnipod 5 application on iPhone, which allows people to control their insulin pump from a smartphone. Insulet included an Android app when it first launched its Omni pod 5 pump last year. The iPhone app has the same functions with a few new features.
Major Player outlook
*Note: Major Players Sorted in No Particular Order
The major companies serving in the global digital diabetes management market include Abbott Laboratories, B. Braun Melsungen AG, Medtronic Plc, DarioHealth Corp., and Sanofi SA among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital diabetes management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Abbott Laboratories
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. B. Braun Melsungen AG
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Medtronic PLC
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Digital Diabetes Management Market by Products & Services
4.1.1. Devices
4.1.1.1. Smart Glucose Meters
4.1.1.2. Smart Insulin Pens
4.1.1.3. Continuous Glucose Monitoring (CGM) Systems
4.1.2. Application
4.1.2.1. Diabetes & Blood Glucose Tracking Apps
4.1.2.2. Obesity & Diet Management Apps
4.1.3. Data Management Software & Platforms
4.1.4. Services
4.2. Global Digital Diabetes Management Market by Device Type
4.2.1. Wearable Device
4.2.2. Hand-held Device
4.3. Global Digital Diabetes Management Market by End-User
4.3.1. Hospitals
4.3.2. Home Settings
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. Agamatrix Inc.
6.2. Ascensia Diabetes Care Holdings AG
6.3. B. Braun Melsungen AG
6.4. Bayer AG
6.5. Braun Melsungen AG
6.6. Care Innovations, LLC
6.7. Dariohealth Corp.
6.8. Dexcom Inc.
6.9. F. Hoffmann-La Roche Ltd.
6.10. Glooko Inc.
6.11. Hoffmann-La Roche Ltd.
6.12. Insulet Corp.
6.13. LifeScan, Inc.
6.14. One Drop, Inc.
6.15. Sanofi SA
6.16. Tandem Diabetes Care, Inc.
6.17. Tidepool
1. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY PRODUCTS & SERVICES, 2023-2031 ($ MILLION)
2. GLOBAL DIGITAL DIABETES MANAGEMENT DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL DIGITAL DIABETES MANAGEMENT APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL DIGITAL DIABETES DATA MANAGEMENT SOFTWARE & PLATFORMS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL DIGITAL DIABETES MANAGEMENT SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2023-2031 ($ MILLION)
7. GLOBAL WEARABLE DEVICES FOR DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL HAND-HELD DEVICES FOR DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
10. GLOBAL DIGITAL DIABETES MANAGEMENT IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL DIGITAL DIABETES MANAGEMENT IN HOME SETTINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. NORTH AMERICAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY PRODUCTS & SERVICES, 2023-2031 ($ MILLION)
14. NORTH AMERICAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2023-2031 ($ MILLION)
15. NORTH AMERICAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
16. EUROPEAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
17. EUROPEAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY PRODUCTS & SERVICES, 2023-2031 ($ MILLION)
18. EUROPEAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2023-2031 ($ MILLION)
19. EUROPEAN DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
20. ASIA-PACIFIC DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
21. ASIA-PACIFIC DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY PRODUCTS & SERVICES, 2023-2031 ($ MILLION)
22. ASIA-PACIFIC DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2023-2031 ($ MILLION)
23. ASIA-PACIFIC DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
24. REST OF THE WORLD DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
25. REST OF THE WORLD DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY PRODUCTS & SERVICES, 2023-2031 ($ MILLION)
26. REST OF THE WORLD DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2023-2031 ($ MILLION)
27. REST OF THE WORLD DIGITAL DIABETES MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
1. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET SHARE BY PRODUCTS & SERVICES, 2023 VS 2031 (%)
2. GLOBAL DIGITAL DIABETES MANAGEMENT DEVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL DIGITAL DIABETES MANAGEMENT APPLICATION MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL DIGITAL DIABETES DATA MANAGEMENT SOFTWARE & PLATFORMS MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL DIGITAL DIABETES MANAGEMENT SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET SHARE BY DEVICE TYPE, 2023 VS 2031 (%)
7. GLOBAL WEARABLE DEVICES FOR DIABETES MANAGEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL HAND-HELD DEVICES FOR DIABETES MANAGEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET SHARE BY END-USER, 2023 VS 2031 (%)
10. GLOBAL DIGITAL DIABETES MANAGEMENT IN HOSPITALS MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL DIGITAL DIABETES MANAGEMENT IN HOME SETTINGS MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL DIGITAL DIABETES MANAGEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. US DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
14. CANADA DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
15. UK DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
16. FRANCE DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
17. GERMANY DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
18. ITALY DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
19. SPAIN DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
20. REST OF EUROPE DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
21. INDIA DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
22. CHINA DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
23. JAPAN DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
24. SOUTH KOREA DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
25. REST OF ASIA-PACIFIC DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
26. LATIN AMERICA DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
27. MIDDLE EAST AND AFRICA DIGITAL DIABETES MANAGEMENT MARKET SIZE, 2023-2031 ($ MILLION)
