Global Diabetes Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

BGM Devices and Insulin Delivery Devices.

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies, Diabetes Clinics/ Centers, Online Pharmacies, and Others.

By End-Use;

Hospitals, Homecare, and Diagnostic Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn123998645 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Diabetes Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Diabetes Devices Market was valued at USD 31,046.43 million. The size of this market is expected to increase to USD 48,819.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.

The global market for diabetes devices is witnessing rapid growth, propelled by the surging prevalence of diabetes worldwide and ongoing advancements in medical technology. Diabetes, a chronic metabolic condition characterized by elevated blood sugar levels, affects millions globally, with its incidence steadily rising due to factors like sedentary lifestyles, poor dietary habits, and aging populations. This trend has spurred a growing demand for innovative solutions to manage diabetes effectively, driving the expansion of the market for diabetes devices.

Within the diabetes devices market, a diverse array of products cater to monitoring blood glucose levels, administering insulin, and addressing associated complications. Continuous glucose monitoring (CGM) systems, insulin pumps, glucose meters, and insulin pens are among the key devices empowering individuals with diabetes to monitor and regulate their condition. Notably, advancements in technology have led to the development of more precise and user-friendly devices, offering patients greater control over their diabetes management and enhancing their overall quality of life.

While established markets in North America and Europe lead the global diabetes devices market, emerging economies in Asia-Pacific, Latin America, and Africa are experiencing rapid growth. Factors such as increasing healthcare spending, improved access to medical services, and rising diabetes prevalence rates are driving this expansion. As healthcare systems worldwide prioritize diabetes management and prevention efforts, the trajectory of the global diabetes devices market points toward continued growth, presenting promising opportunities for manufacturers and healthcare providers alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Diabetes Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Rising Prevalence of Diabetes
        2. Technological Advancements
        3. Increasing Focus on Preventive Healthcare
      2. Restraints:
        1. High Cost of Diabetes Devices
        2. Regulatory Challenges and Reimbursement Issues
        3. Stigma and Adherence Issues
      3. Opportunities:
        1. Rising Adoption of Connected Health Solutions
        2. Focus on Personalized Medicine
        3. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Diabetes Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. BGM Devices
      2. Insulin Delivery Devices
    2. Global Diabetes Devices Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Diabetes Clinics/ Centers
      4. Online Pharmacies
      5. Others
    3. Global Diabetes Devices Market, By End-Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Homecare
      3. Diagnostic Centers
    4. Global Diabetes Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic Plc
      2. Abbott Laboratories
      3. Arkray, Inc
      4. B Braun Melsungen AG
      5. Bayer Corporation
      6. Dexcom Inc.
      7. F Hoffmann-La Roche Ag
      8. LifeScan, Inc
      9. Sanofi
      10. Insulet Corporation
      11. Novo Nordisk
      12. Ypsomed Holding AG
      13. Valeritas Holdings Inc.
  7. Analyst Views
  8. Future Outlook of the Market