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Diabetes Care Devices Market In Brazil, Russia, India & China by Product  - Forecast to 2020

Diabetes Care Devices Market: Forecast until 2020

  • August 2015
  • 109 pages
  • ID: 3247167
In this report:
According to the International Diabetes Federation Atlas 2014, the percentage share of the diabetic population of India was ##% of the global diabetic population and is expected to increase to up to ##.##% by 2035.
According to the United States Census Bureau, in Russia, the percentage of individuals aged ## years and above is expected to increase from ##.##% in 2011 to ##.##% by 2050.

Summary

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Diabetes is a group of metabolic disorders, characterized by high blood glucose levels due to either inadequate insulin production or insulin resistance. Diabetes care devices are used to manage blood glucose levels.

There are primarily two types of diabetes care devices, that is, blood glucose monitoring devices and insulin delivery devices. The BRIC diabetes care devices market is largely driven by the growing number of diabetics across BRIC countries, increasing research on diabetes, and growing international research collaborations. The growing obese population and quick industrialization and urbanization are further anticipated to contribute to the rise of this market. Nevertheless, high cost of diabetes care devices, disparity in reimbursement, availability of alternative treatments, and lack of awareness inhibit the increase of this market.

In this industry report, the BRIC diabetes care devices market has been broken down by type into blood glucose monitoring devices and insulin delivery devices. The blood glucose monitoring devices segment is further classified into testing strips, self-monitoring blood glucose meters, lancets, continuous glucose monitors, and others; while, the insulin drug delivery devices segment is divided into insulin syringes, insulin pens, insulin pumps, and insulin jet injectors.

The BRIC diabetes care devices market has witnessed solid growth in the past few years, and is further anticipated to grow at an approximate Compound annual growth rate of 6.30 percent during the forecast period. Increasing diabetic population in BRIC countries and increasing adoption of diabetes care devices for management of diabetes and its complications by patients and healthcare professionals will propel the increase of the BRIC diabetes care devices market. China (CN) recorded for the biggest share of this market in 2014; while, India (IN) is anticipated to witness the more important increase rate during the outlook period.

Some of the main players in this sector contain Becton Dickinson (NYSE:BDX), Becton, Dickinson and Company (BD) (NYSE:BDX), Roche Diagnostics Ltd., Johnson and Johnson, Bayer AG, Abbott Laboratories, Acon Laboratories, Incorporated, Ypsomed AG, Novo Nordisk A/S, Medtronic plc, ARKRAY Inc., Terumo Corporation, Dexcom, Incorporated, and Sanofi.

Why Purchasing This Study Can Help You:

The industry report will increase both established firms as well as new entrants/smaller companies, and allow them to measure the pulse of the sector, which in turn will facilitate organizations collect greater segment market share. Companies obtaining the study could use one or a combination of the below-mentioned strategies (sector entry, product improvement/innovative projects, and opposing assessment) for growing their market shares.

This study furnishes highlights on the following points:

- Business entry: Highlighted information on the product types provided by the top actors in the BRIC diabetes care devices market. The market research examines the BRIC diabetes care devices market by category and country

- Product improvement/Innovative products: In-depth understanding on the next trends, analysis and growth activities, and recent product launches in the BRIC diabetes care devices market

- Opposing assessment: Detailed assessment of market shares, increase strategies, products, distribution networks, and manufacturing competences of the key players in the BRIC diabetes care devices market

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