Report Description

India Diabetes Management Devices Market Forecast and Opportunities, 2020

India Diabetes Management Devices Market Forecast and Opportunities, 2020
  • Publish Date:November, 2015
  • Format : PDF
  • Pages : 89

In 2014, India had the second largest number of diabetic patients, globally. Hence, in order to constrain spiraling healthcare costs and limit the progression of Type 2 diabetes and its complications, development of affordable and effective diabetes management devices has become a top priority for India. Diabetes management devices, such as self-monitoring glucometer, Hb1Ac Analyser, urine glucose monitoring strip, continuous glucose monitoring devices, etc., are used to monitor and control the glucose level in the blood. Number of diabetic patients in India is increasing at a robust pace on account of growing obese population, sedentary lifestyle, unhealthy diet and high stress levels. Further, the number of diabetic patients in the country is anticipated to increase as a large proportion of the population is pre-diabetic, which may join the pool during forecast period.

According to Pharmaion report, “India Diabetes Management Devices Market Forecast & Opportunities, 2020”, diabetes management devices market in India is projected to exhibit a CAGR of over 9% during 2015 – 2020. Growth in the market is anticipated on account of increasing diabetic population, growing research on diabetes & its management and ongoing introduction of various technologically advanced devices. Moreover, new and improved diabetes administration devices, such as insulin pens, insulin pumps, insulin pen injectors, etc., are enabling portable, less costly, easy-to-use, accurate and virtually painless injection of insulin, thereby boosting the sales of diabetes management devices in India. On the basis of type, the market has been segmented into two broad categories, namely, diabetes monitoring devices and diabetes management delivery devices. Among these two categories, diabetes monitoring devices is anticipated to continue its domination through 2020 on account of rising patient awareness regarding preventive health care and introduction of compact, potable and user friendly technologically advanced devices. Few of the leading companies operating in diabetes management devices market in India include Roche, LifeScan, Abbott, Bayer, Arkay, and Medtronic, among others. “India Diabetes Management Devices Market & Opportunities, 2020” elaborates the following aspects of diabetes management devices market in India:

·        India Diabetes Management Devices Plastic Market Size, Share & Forecast

·     Segmental Analysis – Diabetes Monitoring Devices and Diabetes Management Delivery Devices

·        Policy & Regulatory Landscape

·        Changing Market Trends & Emerging Opportunities

·        Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

·       To gain an in-depth understanding of diabetes management devices market in India

·       To identify the on-going trends and anticipated growth in the next five years

·       To help industry consultants, device manufacturers, vendors and dealers align their market-centric strategies

·       To obtain research based business decisions and add weight to presentations and marketing material

·        To gain competitive knowledge of leading market players

·       To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs      

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with diabetes management devices manufacturers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases..

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