Quantcast
Last updated on April 23, 2014 at 21:24 EDT

The Global Market for Diabetes Drugs and Devices is Booming: Expected to Attain a Market Size of USD 114.3 Billion by 2016

November 1, 2011

ALBANY, New York, November 1, 2011 /PRNewswire/ –

According to a new report published by Transparency Market Research (
http://www.transparencymarketresearch.com), “Global Diabetes Market:
Drugs & Devices (2011 – 2016)
[http://www.transparencymarketresearch.com/diabetes-devices-market.html ]“The
global market for Diabetes Management accounted for USD 41.9 billion in 2010
and is expected to attain a market size of USD 114.3 billion in 2016
following a growth rate of 18.2% CAGR.

Brows full report at

http://www.transparencymarketresearch.com/diabetes-devices-market.html

Diabetes is one of the major areas of concern worldwide. The rising
number of patients is due to the ever increasing population. Currently, over
275 million people suffer from diabetes across the globe. This population is
expected to exceed 350 million by 2030. As per the present scenario, the
population within the age bracket of 40-59 years is the most affected.
However, this age bracket is expected to shift to the age-group 60-79 years
by 2030.

The global market for Diabetes Management accounted for USD 41.9 billion
in 2010 and is expected to attain a market size of USD 114.3 billion in 2016
following a growth rate of 18.2% CAGR. Major products in this market consist
of glucose meters, test strips, lancets, continuous blood glucose meters,
syringes, insulin, insulin pumps and other insulin delivery devices and
anti-diabetic drugs. Of these, insulin, test strips, glucose monitors and
anti-diabetic drugs are the most revenue generating products.

Among the different geographies across the globe, the U.S. forms the
main source of revenue for this market contributing in excess of 1/3rdof the
overall revenue. However, with the continuous economic growth of the
Asia-Pacific region especially that of China, the contribution of the U.S.
market is expected to drop by 5% – 7% within a period of 10 years from now.

The global increase in the prevalence of diabetes can be attributed to
the fast development of economies of China and India as a major driving
force for the diabetes care market
[http://www.transparencymarketresearch.com/diabetes-devices-market.html ].
Besides these two countries, other Asian countries are expected to be major
revenue generators for this market by 2030. According to our estimates, out
of the 10 major countries with high diabetic population, 7 would be from the
Asian region itself.

Factors triggering diabetes in Asian countries with high population such
as India and China are the rapid urbanization, drastic change in lifestyle
of people – most follow a static lifestyle. Such a change in lifestyle is
leading to obesity and naturally to an increasing diabetic population.
Another contributory factor is the lack in awareness, diagnosis and
treatment of diabetes. Countries with high population lead to expansion in
the type-2 diabetic population worldwide.

For the past few years, Roche Diagnostics, Johnson & Johnson, Bayer
Healthcare and Abbott Laboratories have continuously dominated the market.
These four companies globally formed a market share in excess of 9/10th of
the overall market in the year 2010 with remaining share is with the other
Tier-II companies worldwide. This trend is expected to carry on likewise in
the near future. However, the shuffling of some percentage of market shares
among these four is expected.

Scope and Overview

The report provides extensive analysis and wholesome insights about the
current market trends, developments including industry drivers & challenges
and future outlook & growth opportunities prevailing in the global diabetes
market. The report also covers the strategies followed by “Global Diabetes
Market: Drugs and Devices” players.

Segmentation & Analysis

The report segments and analyzes the “Global Diabetes Market
[http://www.transparencymarketresearch.com/diabetes-devices-market.html ]:
Drugs and Devices” on the basis of following sub-categories:

        - Geographic Markets
             - U.S. Diabetes Market
             - European Diabetes Market
             - Asia - Pacific Diabetes market

This section provides in-depth analysis of different geographies
pertaining to “Global Diabetes Market: Drugs and Devices” that includes
market size and growth forecast for each geography, driving factors,
challenges and opportunities prevailing in the particular geography.

        - Drugs Market
             - Injectables Market
                - Insulin
                - Non-Insulin
             - Oral Diabetes Drugs Market
             [http://www.transparencymarketresearch.com/diabetes-devices-market.html ]

This section provides in-depth analysis of anti-diabetic drugs market
size and growth forecast for each sub segment, driving factors, challenges
and opportunities prevailing in the overall and at the micro market levels.

        - Devices Market
             - Insulin Pumps Market
             [http://www.transparencymarketresearch.com/diabetes-devices-market.html ]
             - Self-Monitoring Blood Glucose Market
             [http://www.transparencymarketresearch.com/diabetes-devices-market.html ]

This section provides in-depth analysis of anti-diabetic devices market
size and growth forecast for each sub segment, driving factors and
challenges prevailing in the overall and at the micro market levels, and
opportunities and future outlook for all the levels.

        - Competition & Future Trends

This section analyses the competition prevailing at each micro level and
the detailed future outlook for the each sub segment of the market.

        - Company Profiles of Top Ten Players

This section provides brief overview of top market players in the
“Global Diabetes Market: Drugs and Devices”. The profile of each company
includes brief overview, key financials, product & services, recent
developments and key strategies adopted by the player.

Browse all Pharmaceuticals Market Research
[http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html ]
Reports

Browse all Medical Devices Market Research
[http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html ]
Reports

To know more click here: Diabetes Devices Market
[http://www.transparencymarketresearch.com/diabetes-devices-market.html ]
&Diabetes Drugs Market
[http://www.transparencymarketresearch.com/diabetes-devices-market.html ]
(2011- 2016) Global Forecast

Pre book our upcoming report Prostate Cancer Minimally Invasive Surgery
Market in North America and Europe (2011 – 2016)
[http://www.transparencymarketresearch.com/prostat-cancer-minimal-invasive-surgery-market.html ]

About Us

Transparency Market Research
[http://www.transparencymarketresearch.com ] is a global market intelligence
company, providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. We are privileged
with highly experienced team of Analysts, Researchers, and Consultants, who
use proprietary data sources and various tools and techniques to gather, and
analyze information.

Our data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability, Transparency
Market Research employs rigorous primary and secondary research techniques
in developing distinctive data sets and research material for business
reports.

        Contact

        Ms Amita
        90 Sate Street, Suite 700
        Albany, NY 12207
        Tel: +1-518-618-1030
        USA - Canada Toll Free: +1-866-552-3453

Email: sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/
[http://www.transparencymarketresearch.com ]

Market Research Blog [http://transparencymarketresearch.wordpress.com ]

Market Research Blog [http://transparencymarketresearch.blogspot.com ]

Market Research [http://www.salisonline.org ]

SOURCE Transparency Market Research


Source: PR Newswire