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United States Diabetes Devices Market Share 2019 | Applications, Types, Future Forecast, Growth Trends Analysis to 2024 – industryresearch.co

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United States Diabetes Devices Market2019-2024 report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over a five-year period, from 2019 to 2024. In this United States Diabetes Devices market report, the analysts have presented important statistics which tells to the production and consumption forecast for the key areas that the United States Diabetes Devices market is considered into, production forecast by type, and consumption forecast by application. United States Diabetes Devices market shares of positive growth as investors cheered its financial results for last some years.

In United States Diabetes Devices Market Report, Following Companies Are Covered:

  • Becton and Dickenson
  • Medtronic
  • Roche
  • Insulet
  • Abbott
  • Dexcom
  • Tandem
  • Ypsomed
  • Novo Nordisk
  • Sanofi
  • Eli Lilly

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    Market Overview:

  • – The USA diabetes devices market has been estimated to be valued at USD 15.9 billion in 2019, registering a CAGR of 9.17% during the forecast period (2019-2024).
  • – Diabetes care devices are used to control glucose levels in the blood. The main types of diabetes care devices include glucose monitoring devices and management devices.
  • – The continuous glucose monitoring devices are widely used, due to technological innovations.
  • – The United States is among the top five countries, with the highest diabetic population. The country has close to 100 million adults, diabetic and pre-diabetic. About 9.5% of the total population of the country has diabetes. According to studies, diabetes is among the leading health epidemics in the country. WHO had concluded that, in 2015, diabetes was the seventh-leading cause for death in the United States.

    Scope of the Report:

  • The market is segmented by management devices (insulin pumps, insulin pens, syringes, cartridges, and jet injectors) and monitoring devices (self-monitoring blood glucose (hospital and personal use) and continuous glucose monitoring).

    United States Diabetes Devices Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Key Market Trends:

    The USA Management Devices Market is Expected to Increase during the Forecast Period, with a CAGR of 8.57%.

    – In the market studied, mangement devices held the highest market share, of 60.86%, and it is expected to increase during the forecast period, with a CAGR of 8.57%.
    – Management devices are based on insulin delivery devices, and the market is further segmented as syringes, pens, pumps, and injectors.
    – In the US insulin delivery devices market, the disposable pens market accounted for a high market share. Most of the patients administering insulin prefer pens over cartridges, due to their low cost.
    – The United States is considered to be a premium market space for most of the pharmaceutical companies, as they can price their drug at a high price than the other countries and still have high sales.
    – The country’s insurance policy, which reimburses close to 50% of the drug cost to the consumers, acts as a boon for pharmaceutical companies selling drugs or devices.

    Growing Diabetes and Obesity Population in the United States

    – The market growth of diabetic devices is directly proportional to the increasing diabetic population in the country. The diabetic population in the country has increased continuously over the past decade.
    – Almost 24 million people are living with diabetes. Type 2 diabetes accounts for close to 95% of the diabetic population in the country. The increasing number of type 2 diabetic population has a direct correlation to the growing obesity population.
    – In the United States, 30% of the population is living with obesity, 7.5% of those have diabetes, and this percentage is more likely to increase during the forecast period.

    Reasons for Buying United States Diabetes Devices Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Detailed TOC of United States Diabetes Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 By Monitoring Devices, (Value and Volume, 2012-2024)
    5.1.1.1 Self-monitoring Blood Glucose
    5.1.1.1.1 Glucometer Devices
    5.1.1.1.1.1 Hospital
    5.1.1.1.1.2 Personal
    5.1.1.1.2 Blood Glucose Test Strips
    5.1.1.1.2.1 Hospital
    5.1.1.1.2.2 Personal
    5.1.1.1.3 Lancets
    5.1.1.1.3.1 Hospital
    5.1.1.1.3.2 Personal
    5.1.1.2 Continuous Glucose Monitoring
    5.1.1.2.1 Sensors
    5.1.1.2.2 Receivers
    5.1.2 By Management Devices, (Value and Volume, 2012-2024)
    5.1.2.1 Insulin Pump
    5.1.2.1.1 Insulin Pump Device
    5.1.2.1.2 Insulin Pump Reservoir
    5.1.2.1.3 Infusion Set
    5.1.2.2 Insulin Syringes
    5.1.2.3 Cartridges in Reusable pens
    5.1.2.4 Insulin Disposable Pens
    5.1.2.5 Jet Injectors
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States (Value and Volume, 2012-2024)
    5.2.1.1.1 By Monitoring Devices
    5.2.1.1.2 By Management Devices

    6 COMPETITIVE LANDSCAPE
    6.1 Becton and Dickenson
    6.2 Medtronic
    6.3 Roche
    6.4 Insulet
    6.5 Abbott
    6.6 Dexcom
    6.7 Tandem
    6.8 Ypsomed
    6.9 Novo Nordisk
    6.10 Sanofi
    6.11 Eli Lilly

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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  • About the author

    Kaden Gilbert

    Kaden Gilbert

    I am a writer with over 10 years of experience in professional writing, six years of which as a full-time freelance writer – and two years as a full-time babysitter to my two-year-old son. With over 2,000 lifetime projects and countless positive feedbacks. My track record speaks for itself. I have worked and developed content for countless clients around the world – from startups to large corporations.