- In November 2020, Abbott launched its FreeStyle Libre system in India, expanding its market offerings. The device monitors blood glucose levels in real time and provides a comprehensive overview of an individual's glucose level. As a result, the increasing availability of advanced continuous glucose monitoring devices, as well as the introduction of novel technologies, will drive segment growth during the forecast period.
- In November 2020, Ypsomed and Lilly will collaborate to advance an automated insulin delivery system. Lilly commercialised a new version of insulin pump and CGM system as part of the collaboration, which has aided its business growth.
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.
