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The global diabetes care devices market is expected to reach USD 64.5 billion in 2024. The sales are expected to grow even higher and will be estimated at USD 117.7 billion in 2034 due to the rising diabetes population. The diabetes care devices market is anticipated to record a CAGR of 6.2% between 2024 and 2034.
Attributes | Description |
---|---|
Estimated Global Diabetes Care Devices Market Size (2024E) | USD 64.5 billion |
Projected Global Diabetes Care Devices Market Value (2034F) | USD 117.7 billion |
Value-based CAGR (2024 to 2034) | 6.2% |
Semi-annual Industry Update
Particular | Value CAGR |
---|---|
H1 | 5.7% (2023 to 2033) |
H2 | 5.2% (2023 to 2033) |
H1 | 4.5% (2024 to 2034) |
H2 | 4.2% (2024 to 2034) |
Country-wise Insights
Countries | CAGR 2024 to 2034 |
---|---|
India | 8.8% |
China | 8.4% |
South Korea | 8.1% |
Australia | 6.7% |
France | 4.3% |
United States | 3.4% |
Category-wise Insights
Segment | Glucose Monitoring Devices (Product Type) |
---|---|
Value Share (2024) | 58.3% |
Segment | Diabetes Type II (Indication) |
---|---|
Value Share (2024) | 19.7% |
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The Diabetes Care Devices Market is Segmented by Management Devices (Insulin Pumps, Insulin Syringes, and More), Monitoring Devices (Self-Monitoring Blood Glucose and Continuous Glucose Monitoring), by Patient Type (Type-1 Diabetes, Type-2 Diabetes and More), by End User (Hospitals & Clinics, Home-Care Settings and More) and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (units).
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The diabetes care device market size is projected to grow from USD 39.82 billion in 2025 to USD 99.81 billion by 2035, representing a CAGR of 9.62% during the forecast period till 2035
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The Japan Diabetes Care Devices Market report segments the industry into Management Devices (Insulin Pump, Insulin Pens, Insulin Syringes, Jet Injectors) and Monitoring Devices (Self-monitoring Blood Glucose, Continuous Glucose Monitoring). Get five years of historical data alongside five-year market forecasts.
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Global Diabetes Care Devices market size is expected to reach $121.11 billion by 2029 at 12.3%, segmented as by type, blood glucose test strips, insulin pens, syringes, pumps and injectors, lancing devices and equipment
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Planned monitoring requirements combined with insulin requirements for diabetic pets among dogs and cats create a market need for specialized care devices. Pixel GPS medicine forecasts the market to achieve USD 2,594 million in 2025 but predicts an increase to USD 4,645.5 million by 2035 at a compound annual growth rate (CAGR) of 6%.
Metric | Value |
---|---|
Industry Size (2025E) | USD 2,594 million |
Industry Value (2035F) | USD 4,645.5 million |
CAGR (2025 to 2035) | 6% |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 6.4% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 5.8% |
Region | CAGR (2025 to 2035) |
---|---|
European Union | 6.0% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 5.6% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 6.2% |
Segmentation Outlook - Pet Diabetes Care Devices Market
Device Type | Market Share (2025) |
---|---|
Glucose Monitoring Devices | 57.9% |
End-User Segment | Market Share (2025) |
---|---|
Veterinary Clinics | 46.4% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Zoetis Inc. | 20-24% |
Trividia Health, Inc. (PetTest) | 15-19% |
Merck Animal Health | 12-16% |
UltiMed, Inc. | 8-12% |
i-SENS, Inc. | 5-9% |
Other Companies (combined) | 30-40% |
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The size of the Diabetes Care Devices Market in Mexico market was valued at USD 503 Million in 2023 and is projected to reach USD 755.33 Million by 2032, with an expected CAGR of 5.98% during the forecast period.Diabetes care devices are very important tools to aid diabetic patients to manage their disorder. They help monitor blood sugar levels, administer insulin and log food intake. Blood glucose meters measure the blood sugar; patients can then take corrective action with their dosages of insulin or change their dieting habits. Insulin pumps administer insulin continuously or at programmed intervals, thereby providing greater accuracy for blood sugar control. Continuous glucose monitors monitor blood sugar levels throughout the day, though they measure in real time, they reduce the number of finger pricks needed for carbohydrate quantities. More amazingly, people have monitoring devices that record carbohydrate intake and calculate how much insulin is needed. All this has greatly improved the quality of life for the people affected with diabetes as it is almost impossible for better disease management, prevention of complications, and improved overall well-being. Recent developments include: October 2022: Becton, Dickinson, and Company and Biocorp signed an agreement to use connected technology to track adherence to self-administered drug therapies, like biologics. To support biopharmaceutical companies in their efforts to improve the adherence and outcomes of injectable drugs, the two companies will integrate Biocorp's Injay technology. It is a solution designed to capture and transmit injection events using Near Field Communication technology to the BD UltraSafe Plus Passive Needle Guard used with pre-fillable syringes., June 2022: Abbott announced that it's developing a new bio-wearable that will continuously monitor glucose and ketone levels in one sensor. The glucose-ketone sensor will be the same size as Abbott's FreeStyle Libre 3 sensor, the world's smallest and thinnest continuous glucose monitoring sensor. It will connect to Abbott's digital ecosystem, including personal and caregiver mobile apps and cloud-based data management software for remote monitoring by healthcare professionals.. Key drivers for this market are: Rising Prevalence of Cancer Worldwide, Technological Advancements in Diagnostic Testing; Increasing Demand for Point-of-care Treatment. Potential restraints include: High Cost of Molecular Diagnostic Tests, Lack of Skilled Workforce and Stringent Regulatory Framework. Notable trends are: Continuous glucose monitoring segment is expected to witness highest growth rate over the forecast period.
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The Latin America Diabetes Care Devices Market report segments the industry into Monitoring Devices (Self-monitoring Blood Glucose Device, Continuous Glucose Monitoring Device), Management Devices (Insulin Pump, Insulin Syringes, Cartridges in Reusable Pens, Disposable Pens, Jet Injectors), and Geography (Brazil, Mexico, Rest of Latin America). Get five years of historical data alongside five-year market forecasts.
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The size of the Diabetes Care Devices Market market was valued at USD 210.9 Million in 2023 and is projected to reach USD 349.9 Million by 2032, with an expected CAGR of 5.10% during the forecast period. Diabetes Care Devices Market can be referred to as a broad category of products aimed at the management as well as tracking of blood glucose levels in diabetic patients. Some of the devices include blood glucose meters, CGMs, insulin pumps, syringes, and lancets among others. Both overt and latent autoimmune diabetes in adults and T2DM need insulin as a means of regulating blood sugar so as to minimize the incidence of secondary conditions including cardio-vascular complications, stroke, and nephropathy. New developments in the market are introduction and growth of minimal invasive devices, rise in sales of CGMs and insulin pumps, linkage of these devices to mobile health apps for data analysis and increased consciousness of diabetes care in the global market. A growing number of people diagnosed with diabetes, and especially in developing countries, is stimulating sales. Recent developments include: March 2023: Abbott announced that the U.S. Food and Drug Administration cleared its FreeStyle Libre 2 and FreeStyle Libre 3 integrated continuous glucose monitoring system sensors for integration with automated insulin delivery (AID) systems. Abbott modified the sensors to enable integration with AID systems., January 2023: LifeScan announced that the peer-reviewed Journal of Diabetes Science and Technology published Improved Glycemic Control Using a Bluetooth Connected Blood Glucose Meter and a Mobile Diabetes App: Real-World Evidence From Over 144,000 People With Diabetes, detailing results from a retrospective analysis of real-world data from over 144,000 people with diabetes - one of the largest combined blood glucose meter and mobile diabetes app datasets ever published.. Key drivers for this market are: Rising Prevalence of Cancer Worldwide, Technological Advancements in Diagnostic Testing; Increasing Demand for Point-of-care Treatment. Potential restraints include: High Cost of Molecular Diagnostic Tests, Lack of Skilled Workforce and Stringent Regulatory Framework. Notable trends are: The continuous glucose monitoring segment is expected to witness a healthy growth rate over the forecast period.
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Indonesia Diabetes Care Devices Market size, market analysis, Market Revenue, trends, Regional Outlook, competition and growth opportunities till 2027
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Global Diabetes Care Devices and Drugs Market size was valued at USD 26.42 billion in 2021 and is poised to grow from USD 29.02 billion in 2022 to USD 57.67 billion by 2030, growing at a CAGR of 8.7% in the forecast period (2023-2030).
Diabetes Management Devices Market Size 2024-2028
The diabetes management devices market size is forecast to increase by USD 13.98 bn at a CAGR of 7.68% between 2023 and 2028.
The market is witnessing significant growth due to the rising global burden of diabetes and the increasing focus on advanced technologies such as artificial pancreas systems. These systems utilize insulin pumps and continuous glucose monitoring sensors to automatically adjust insulin delivery based on real-time glucose levels. Additionally, the integration of artificial intelligence and data analytics in diabetes management devices is revolutionizing the industry, enabling remote patient monitoring and personalized treatment plans. Other trends include the development of insulin pens with advanced features and the adoption of spectroscopy technology for non-invasive blood glucose monitoring. However, the prohibitive cost of diabetes care devices remains a major challenge for market growth.Overall, the market is expected to experience robust growth In the coming years, driven by technological advancements and the increasing prevalence of diabetes.
What will be the Size of the Diabetes Management Devices Market during the Forecast Period?
Request Free SampleThe market encompasses a range of technologies designed to assist individuals in managing their diabetes, including insulin delivery devices, mobile health applications, and disease management tools. With the global diabetic population projected to reach over 592 million by 2035, driven by factors such as obesity rates, smoking, and high cholesterol levels, the market for diabetes care devices is experiencing significant growth. Hospitals and specialty clinics are increasingly adopting minimally invasive devices, such as diabetes lancet devices and diabetes tracker devices, to improve patient care and outcomes. Type 1 diabetes, an autoimmune disease characterized by insulin deficiency, and Type 2 diabetes, often associated with insulin resistance, both require ongoing management to prevent complications, including kidney failure, gangrene, and lower limb amputation.Insulin delivery devices, including insulin pens and blood glucose level monitoring systems, are essential tools in managing both types of diabetes. The market for diabetes management devices is expected to continue expanding as technology advances and the global population ages.
How is this Diabetes Management Devices Industry segmented and which is the largest segment?
The diabetes management devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductBlood glucose monitoring devicesInsulin delivery systemsDistribution ChannelOfflineOnlineGeographyNorth AmericaUSEuropeGermanyUKFranceAsiaChinaRest of World (ROW)
By Product Insights
The blood glucose monitoring devices segment is estimated to witness significant growth during the forecast period. Diabetes management devices play a crucial role in monitoring and managing blood glucose levels for individuals with diabetes. These devices include a range of products such as insulin delivery systems, continuous monitoring systems, and glucose monitoring devices. Insulin delivery devices, including insulin pumps and pens, facilitate precise insulin administration. Continuous monitoring systems, such as continuous glucose monitoring systems (CGMs) and Mobi insulin pumps, provide real-time glucose level data through wireless transmission and dedicated apps. Glucowear, a continuous glucose monitoring system, offers non-invasive transdermal sensors and spectroscopy technology. Hospital pharmacies, retail pharmacies, and online pharmacies stock these diabetes care devices. The increasing prevalence of diabetes among the obese, elderly population, and those with conditions like high cholesterol levels, smoking, and inactive lifestyles necessitates effective diabetes management.Disease management is essential to prevent complications like kidney failure, gangrene, lower limb amputation, heart attack, blindness, and stroke. Diabetes tracker devices, such as diabetes monitoring software and artificial pancreas systems, help healthcare providers analyze glucose patterns and create treatment plans. User-friendly interfaces, visual representations, and medication adherence features enhance the efficacy of treatment. In summary, diabetes management devices, including insulin delivery devices, continuous monitoring systems, and glucose monitoring devices, are essential tools for managing diabetes and preventing complications. These devices offer precision, flexibility, and smart features, making diabetes care more accessible and convenient for individuals with diabetes. Hospital segment, diagnostic centers, diabetes clinics, and health
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The global diabetes care devices market size was valued at USD 34.19 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 62.65 Billion by 2033, exhibiting a CAGR of 6.61% from 2025-2033. North America currently dominates the market, holding a market share of over 38.6% in 2024. The rising incidences of diabetes, rapid technological advancements, imposition of favorable government initiatives, increasing disposable incomes, integration of big data and analytics, and escalating geriatric population are some of the major factors propelling the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024 | USD 34.19 Billion |
Market Forecast in 2033 | USD 62.65 Billion |
Market Growth Rate (2025-2033) | 6.61% |
IMARC Group provides an analysis of the key trends in each segment of the global diabetes care devices market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on type, distribution channel and end user.
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Global diabetes care devices market worth at $32.92 Billion in 2024, is expected to surpass $75.11 Billion by 2034, with a CAGR of 8.6% from 2025 to 2034.
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The size of the South Korea Diabetes Care Devices Market market was valued at USD 457.06 Million in 2023 and is projected to reach USD 562.13 Million by 2032, with an expected CAGR of 3.00% during the forecast period. Currently, South Korea diabetes care devices market is in growth phase due to increasing diabetes cases along with increased awareness for proper management of diseases. Diabetes care devices are those instruments and apparatus that have been used for the monitoring of blood glucose level and it comprises of glucose meter, insulin delivery systems, continuous glucose monitoring systems and test strips. There are technological factors that currently form the market including the incorporation of health digital platforms and also enhancement of accuracy in the monitoring devices. In addition, factors such as a rising incidence of chronic diseases, a surge in the healthcare spending, and a higher level of adoption of government policies to curb diabetes and other diseases and a growing population of geriatrics add to the growth of the market. New trends include the use of wearables and integration of the device with real-time mobile applications feed. Recent developments include: January, 2023: Adela (Online Selling website for Abbott Free Style Libre in Korea) announced that the freestyle libre selling price is expected to be raised by 10% in Korea, due to continuous raise in raw materials and inflation., May 2022: EOFlow a provider of wearable drug delivery solutions announced the official launch of the iOS Version of 'Narsha,' a smartphone application for wearable insulin pumps in Korea.. Key drivers for this market are: Rising Prevalence of Cancer Worldwide, Technological Advancements in Diagnostic Testing; Increasing Demand for Point-of-care Treatment. Potential restraints include: High Cost of Molecular Diagnostic Tests, Lack of Skilled Workforce and Stringent Regulatory Framework. Notable trends are: Self-Monitoring Blood Glucose Devices occupy the highest market share in the monitoring devices segment in South Korea Diabetes Care Devices Market in the current year.
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United States Diabetes Care Devices Market is predicted to grow at a promising CAGR during the forecast period from 2020-2027
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The forecast for the global Diabetes Care Devices market predicts substantial growth, with market size projected to soar to USD 78.45 Billion by 2033, a significant increase from the USD 35.7 Billion recorded in 2024. This expansion reflects an impressive compound annual growth rate (CAGR) of 9.14% anticipated between 2025 and 2033.
The Global Diabetes Care Devices market size to cross USD 78.45
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The Asia Pacific Diabetes Care Devices market report segments the industry into Management Devices (Insulin Pump, Insulin Pens, Insulin Syringes, Jet Injectors), Monitoring Devices (Self-Monitoring Blood Glucose, Continuous Glucose Monitoring), and End User (Hospital/Clinics, Home/Personal). Includes five years of historical trends and five-year forecasts.
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The Latin American diabetes care devices market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 5.64% from 2025 to 2033. This expansion is fueled by several key factors. The rising prevalence of diabetes across Brazil, Mexico, and the rest of Latin America, coupled with increasing awareness of effective disease management, is driving demand for both self-monitoring and management devices. Technological advancements, such as the introduction of more user-friendly continuous glucose monitoring (CGM) systems and improved insulin delivery technologies like insulin pumps, are further stimulating market growth. Government initiatives promoting diabetes awareness and affordable access to healthcare are also contributing positively. However, high costs associated with advanced devices, limited healthcare infrastructure in certain regions, and a lack of patient education in some areas pose challenges to market penetration. The market is segmented by device type (self-monitoring blood glucose devices – including glucometers, test strips, and lancets; CGMs – encompassing sensors, receivers, and transmitters; and management devices like insulin pumps, syringes, pens, and jet injectors) and geography (Brazil, Mexico, and the rest of Latin America). Brazil and Mexico are expected to be the largest markets due to their significant populations and relatively higher prevalence of diabetes. The competitive landscape is characterized by the presence of major global players like Abbott, Dexcom, Medtronic, and Roche, alongside several regional players. The future of the Latin American diabetes care devices market appears bright, although further growth hinges on several factors. Addressing affordability concerns through government subsidies and insurance coverage is critical. Furthermore, improving healthcare infrastructure and expanding patient education programs will be crucial to maximizing market potential. Strategic partnerships between manufacturers, healthcare providers, and government bodies can facilitate wider adoption of advanced technologies. Specific focus should be placed on improving access to CGM technology, which offers significant improvements in diabetes management compared to traditional self-monitoring methods. The growing adoption of telehealth and remote monitoring will also contribute to the market's future trajectory. Competitive strategies will likely focus on innovation, product differentiation, and expanding distribution networks to reach diverse patient populations across the region. Recent developments include: January 2023: LifeScan announced that the peer-reviewed Journal of Diabetes Science and Technology published Improved Glycemic Control Using a Bluetooth Connected Blood Glucose Meter and a Mobile Diabetes App: Real-World Evidence From Over 144,000 People With Diabetes, detailing results from a retrospective analysis of real-world data from over 144,000 people with diabetes - one of the largest combined blood glucose meter and mobile diabetes app datasets ever published., October 2022: Becton, Dickinson, and Company and Biocorp announced that they had signed an agreement to use connected technology to track adherence to self-administered drug therapies, like biologics. To support biopharmaceutical companies in their efforts to improve the adherence and outcomes of injectable drugs, the two companies will integrate Biocorp's Injay technology-a solution designed to capture and transmit injection events using Near Field Communication technology to the BD UltraSafe Plus Passive Needle Guard used with pre-fillable syringes.. Notable trends are: The Continuous Glucose Monitoring Segment is expected to witness the highest growth rate over the forecast period.
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South Korea Diabetes Care Devices Market size, market analysis, Market Revenue, trends, Regional Outlook, competition and growth opportunities till 2027
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The global diabetes care devices market is expected to reach USD 64.5 billion in 2024. The sales are expected to grow even higher and will be estimated at USD 117.7 billion in 2034 due to the rising diabetes population. The diabetes care devices market is anticipated to record a CAGR of 6.2% between 2024 and 2034.
Attributes | Description |
---|---|
Estimated Global Diabetes Care Devices Market Size (2024E) | USD 64.5 billion |
Projected Global Diabetes Care Devices Market Value (2034F) | USD 117.7 billion |
Value-based CAGR (2024 to 2034) | 6.2% |
Semi-annual Industry Update
Particular | Value CAGR |
---|---|
H1 | 5.7% (2023 to 2033) |
H2 | 5.2% (2023 to 2033) |
H1 | 4.5% (2024 to 2034) |
H2 | 4.2% (2024 to 2034) |
Country-wise Insights
Countries | CAGR 2024 to 2034 |
---|---|
India | 8.8% |
China | 8.4% |
South Korea | 8.1% |
Australia | 6.7% |
France | 4.3% |
United States | 3.4% |
Category-wise Insights
Segment | Glucose Monitoring Devices (Product Type) |
---|---|
Value Share (2024) | 58.3% |
Segment | Diabetes Type II (Indication) |
---|---|
Value Share (2024) | 19.7% |