Global Diabetes Devices and Drugs Market is Expected to Reach USD 98.4 Billion in 2018: Transparency Market Research

ALBANY, New York, September 26, 2012 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Global Diabetes Devices Market and
Diabetes Drugs Market – Industry Scenario, Trends, Analysis, Size, Share and Forecast,
2011 – 2018 [http://www.transparencymarketresearch.com/diabetes-devices-market.html ],”
the global diabetes devices and drugs market was worth USD 50.8 billion in 2011 and is
expected to reach USD 98.4 billion in 2018, growing at a CAGR of 9.9% from 2011 to 2018.
In the overall global market, North America accounted for the highest share worth USD 19.9
billion in 2011 followed by Europe. However, with the continuous population and economic
growth of the Asia-Pacific region, especially India and China, it is expected to witness
the highest growth rate in the next six years.

Browse the full report
athttp://www.transparencymarketresearch.com/diabetes-devices-market.html

Today, diabetes is one of the major areas of concern worldwide. The rising number of
patients is due to the ever increasing population around the globe mainly in the Asia
Pacific region. Currently, over 370 million people suffer from diabetes across the globe,
which is expected to exceed 550 million by 2030. As of now, the age bracket of 40-59 years
is the most affected diabetes population followed by the age group of 60-79 years.
However, the age group of 60-79 years is expected to account for the highest number of
diabetes patients by 2030.

The global diabetes therapeutics devices
[http://www.transparencymarketresearch.com/diabetes-devices-market.html ] and drugs market
is expected to reach USD 72.4 billion by 2018, growing at a CAGR of 10.4% from 2011 to
2018, whereas the global diagnosis and monitoring devices market is expected to reach USD
26.0 billion by 2018, growing at a CAGR of 7.8% for the same period. Major products in
this market consist of glucose monitors, test strips, lancets, continuous blood glucose
meters, software programs for diabetes monitoring, artificial pancreas, syringes, insulin,
insulin pumps and other insulin delivery devices and anti-diabetic drugs. Of these,
insulin devices, blood glucose monitoring devices, lancets and oral hypoglycemic agents
are the most revenue generating products.

The rapidly growing diabetic population, sedentary lifestyle, rise in cases of obesity
and inappropriate food habit are the major factors driving the growth of the global
diabetes devices and drugs market. However, lack of awareness about diabetes diagnosis and
treatment and adverse side effects of diabetes drugs are some of the factors acting as a
restraint for this market. There are large numbers of diabetes patients left undiagnosed
every year and this population is expected to grow further with rapid increase in
population, in the coming future. This untapped market is likely to serve as an
opportunity for the market players in the diabetes devices and drugs market.

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Some of the major players in the diabetes devices and drugs market are Novo Nordisk,
Sanofi, Roche, LifeScan, Takeda, Medtronic, Ell Lilly, Abbott Laboratories and Bayer
Healthcare, among others. Novo Nordisk accounted for the largest share, i.e., 27.4% in
2011 in the global diabetes therapeutics devices and drugs market followed by Sanofi
accounting for 19.2%. However, F. Hoffmann-La Roche accounted for the highest share in the
global diabetes diagnosis and monitoring devices market at 21.2% closely followed by
LifeScan.

This research is specially designed to estimate and analyze the demand and performance
of the diabetes devices and drugs products in a global scenario. The research provides
in-depth analysis of diabetes devices and drugs product manufacturers, product sales,
trend analysis by segments and demand by geography. The report covers all the major
product segments of the global diabetes devices and drugs market and provide in-depth
analysis, historical data and statistically refined forecast for the segments covered. The
study presents a comprehensive assessment of the stakeholder strategies and winning
imperatives for them by segmenting the global diabetes devices and drugs market as below:

Diagnosis and Monitoring Devices Market

Blood Glucose Monitoring Devices

        - Lancets
        - Blood Sampling Devices
        - Blood Glucose Meters
        - New Development in Glucose Testing

Other Testing Devices

        - Hemoglobin A1c
             - Hemoglobin A1c Meters
             - Hemoglobin A1c Kits
        - Others

Software Programs for Diabetes Monitoring

        - Web Software
        - Commercial Software

Artificial Pancreas

Therapeutics Devices and Drugs Market

Insulin

        - By Action
             - Short Acting
             - Pre-Mixes
             - Long Acting
        - By Type
             - Human Insulin
             - Modern Insulin
             - Animal Insulin
        - By Purchase Type
             - Dosage
             - Bulk

Insulin Delivery

        - Syringes
        - Pens
        - Injectors
        - Inhaled Insulin
        - Insulin Pumps

Oral Hypoglycemic Agents

        - KATP Blocker
        - Biguanides
        - Alpha-Glucosidase Inhibitor
        - Thiazolinediones/ Glitazones
        - IncretinMimetics/ GLP-1 Analogs
        - DPP-4 Inhibitors
        - Amylin Mimetic
        - SGLT2 Inhibitors
        - Other

Cell Therapies

In addition the report provides a cross-sectional analysis of all the above segments
with respect to the following five geographical markets:

North America

Europe

Asia-Pacific

Middle East and Africa

Latin America

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