Diabetes affects 422 million people worldwide, according to WHO estimates and is directly responsible for at least 1.6 million deaths each year. The healthcare industry has seen a sudden increase in diabetic patients worldwide over the last three decades. Diabetes patients are increasing the strain on global healthcare facilities, which is expected to cost at least USD 490 billion by 2030. Diabetes is a chronic disease that must be properly managed by constantly monitoring blood sugar levels and lifestyle choices. Diabetic patients must live their lives with greater scrutiny than non-diabetic patients.
Frequently Asked Questions
The market is segmented based on Segmentation, By Product and Services (Devices, Digital Diabetes Management Apps, Data Management Software and Platforms, Services), Type (Wearable Devices, Handheld Devices), Application (Diabetes and Blood Glucose Tracking Apps, Obesity and Diet Management Apps, Data Management Software and Platforms, Services), End User (Home Care Settings, Diabetes Clinics, Academic and Research Institutes, Others) – Industry Trends and Forecast to 2031.
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The Global Digital Diabetes Management Market size was valued at USD 21.31 USD Billion in 2023.
The Global Digital Diabetes Management Market is projected to grow at a CAGR of 9.6% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
