MarkNtel Advisors recently published a detailed industry analysis of the Global Diabetes Management Software Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Diabetes Management Software Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Diabetes Management Software Market size was valued at around USD 19.8 billion in 2023 and is projected to reach around USD 39.8 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 12.8% during the forecast period, i.e., 2025-30.
What are the major Driver the Global Diabetes Management Software industry?
Rising Cases of Diabetes – The increasing number of diabetes patients is one of the main drivers of the Diabetes Management Software Market. There are two types of diabetes, Type-I and Type-II diabetes, and cases of both types are rising significantly. This rise in cases is due to the consumption of unhealthy food and a lack of exercise. Based on multiple research, it is found that the consumption of processed and fast food has increased the obesity level in people around the globe. This increase in obesity levels has raised the number of type 2 diabetic patients worldwide. Moreover, as the global population is growing older they are more prone to the risk of diabetes. This is due to the level of insulin sensitivity naturally declining thus increasing the blood sugar level inside the body. The increase in diabetic cases worldwide will boost the demand for the diabetic tools world thereby boosting the demand for diabetic management software across the globe.
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What segments define the Global Diabetes Management Software Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Web-Based- Market Size & Forecast 2020-2030, USD Million
- Mobile-Based- Market Size & Forecast 2020-2030, USD Million
- Desktop-Based- Market Size & Forecast 2020-2030, USD Million
According to report, According to the survey, mobile-based diabetes management software is experiencing substantial revenue growth.
By Device Type
- Wearable Devices- Market Size & Forecast 2020-2030, USD Million
- Handheld Devices- Market Size & Forecast 2020-2030, USD Million
According to report, Based on the device type, the Global Diabetes Management Software Market can be divided into two segments, wearable devices and handheld devices. Wearable devices hold more than 50% market share in the diabetes management software industry.
By Deployment
- Cloud-Based- Market Size & Forecast 2020-2030, USD Million
- On-Premises- Market Size & Forecast 2020-2030, USD Million
By End User
- Hospitals- Market Size & Forecast 2020-2030, USD Million
- Home Settings- Market Size & Forecast 2020-2030, USD Million
- Diagnostic Centers- Market Size & Forecast 2020-2030, USD Million
- Academic & Research Institutes- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
Explore the Complete Global Diabetes Management Software Market Analysis Report – https://www.marknteladvisors.com/research-library/diabetes-management-software-market.html
Geographical Analysis: Global Diabetes Management Software Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Diabetes Management Software Market Share & Competitive Landscape:
The Diabetes Management Software Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Diabetes Management Software Market are:
- Roche Diabetes Care
- Medtronic
- Ascensia Diabetes Care
- Glooko
- Abbott Diabetes Care
- Insulet Corporation
- Acon Diabetes Care International
- Bionime
- Tidepool
- Dexcom
- LifeScan, Inc.
- One Drop
- DarioHealth
The Global Diabetes Management Software Industry Recent Development:
- August 2024: Roche, has formed a partnership with Glytec to expand the hospital’s diabetic management. In this, Glytec’s software in association with Roche’s system will boost the cost-effectiveness of their diabetes management thereby raising patient safety.
- May 2023: Medtronic plc,a global leader in healthcare technology, announced definitive agreements for the acquisition of EOFlow Co. Ltd., manufacturer of wearable insulin patches to offer the benefits of automated insulin delivery and simplify diabetes treatment.
- April 2023: Glooko, Inc., a prominent software company, inked a Global partnership deal with Hedia, an insulin dosing algorithm company, to offer an interoperable solution that integrates remote patient monitoring, connected care, and digital therapeutic technologies to increase access to people with Type 1 and Type 2 diabetes in need of bolus insulin dosing advice.
Questions Addressed in this Study
1.What factors are driving the Global Diabetes Management Software Market growth?
2.How is the Global Diabetes Management Software Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Diabetes Management Software Market?
4.What is the current size of the Global Diabetes Management Software Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Diabetes Management Software Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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