Europe Diabetes Care Devices Market is expected to reach US$ 4.3 Billion by 2027 with CAGR of 16.2%

Publisher: The Insight Partners

An increase in the prevalence of Diabetes diseases and rising incidence of diabetes in Europe are the major factors that are driving the growth of the Immunochemistry Market in this region. According to the report by Business Market Insights, Europe Diabetes Care Devices Market is expected to reach US$ 4.3 Billion by 2027 with CAGR of 16.2%.

The healthcare industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of healthcare segment.

The Europe Diabetes Care Devices Market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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Top-down and bottom-up approaches have been used to validate the size of the blood glucose monitoring system market and estimate the size of other dependent secondary markets. Various secondary sources such as, annual reports, press releases, International Diabetes Federation, World Health Organization (WHO), American Diabetes Association, JDRF, Madras Diabetes Research Foundation (MDRF), India Diabetes Research Foundation (IDRF), Chinese Diabetes Society ( CDS), Russian Federation of Diabetes, Brazilian Society for Diabetes, Latin American Association for Diabetes (ALAD), European Association for the Study of Diabetes (EASD), American Association of Diabetes Educators (AADE), Press releases, listings, sector journals, databases and annual company reports have been used to identify and collect information useful for the study of this market.

These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for immunochemistry assays in the market.

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Europe Diabetes Care Devices – MARKET SEGMENTATION

By Product

• Glucose Monitoring Devices
• Glucometers
• Lancets
• Testing Strips
• Other Glucose Monitoring Devices

• Insulin Delivery Devices

• Insulin Pens
• Insulin Syringes
• Insulin Pumps
• Other Insulin Delivery Devices

By End User

• Hospitals & Clinics
• Homecare

By Geography

• Europe
• Germany
• France
• Spain
• Italy
• UK
• Rest of Europe

Company Profiles

• BD
• Novo Nordisk A/S
• B. Braun Melsungen AG
• Insulet Corporation
• Medtronic
• Tandem Diabetes Care, Inc.
• Eli Lilly and Company
• Dexcom, Inc.
• Terumo Corporation
• F. Hoffman-LA Roche Ltd.

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