by on January 16, 2023

The United States Diabetes Care Devices Market is expected to grow at a robust CAGR over the forecast period (2022-2029).

The factors driving growth of the United States Diabetes Care Devices Market includes increasing prevalence of diabetes obesity and hypertension across United States, sedentary lifestyles of consumers, emerging need for fast and safe diagnosis, rising availability of treatment options and improvements in the living standards. Moreover, Government initiatives to raise awareness about diabetes, technological advancements in glucose monitoring devices, rapid growth in the manufacturing of insulin syringe and expansion of the medical facilities across Untied States, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, strategic partnerships between companies, rise in the launch of innovative products and growing population growth rates are further contributing towards the market growth.

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However, growth of the United States Diabetes Care Devices Market is hindered due to side effects related to the sue of glucose monitoring devices

Based on Product Type, the Blood Glucose Monitoring Device segment is predicted to grow at a significant CAGR during the forecast period

Increasing prevalence of diabetes across Untied States, growing awareness about the benefits of using blood glucose monitoring devices and rapid urbanization, are some of the factors propelling growth of the segment.

Based on End-User, the Homecare Setting segment is anticipated to expand at a remarkable CAGR over the forecast period

Increasing preference amongst consumers for homecare setting over hospitals, growing demand for self-monitoring glucose devices, rising availability of treatment options, rising geriatric population and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.

Market Segmentation

Segmentation by Product Type

  • Insulin Delivery Device
  • Blood Glucose Monitoring Device

Segmentation by End-User

  • Homecare Setting
  • Hospitals
  • Others

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