Global Diabetes Care Devices Market Growth Analysis and 2020 Forecast Sep.2016 | Page 2

Global Telemedicine Market According to the report "Diabetes Care Devices Market by Device Type (Glucose Monitoring Systems, Insulin Delivery Systems and Control Solutions) and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2015 – 2020)", published by Market Data Forecast, the global market is projected to reach USD 22.8 Billion by 2020, at a CAGR of 5.73% from 2015 to 2020. For full report refer to “http://www.marketdataforecast.com/market-reports/globaldiabetes-care-devices-market-96/” Diabetes is the most widespread disease globally which is caused by the imbalance of blood sugar level in the body. The disease is either genetically inherited or the changing lifestyle these days and unhealthy diets can also cause diabetes. This further has severe effects on the body like internal damaging of organs and hence require regular monitoring and controlled level of sugar. Diabetes care devices market is growing at a very fast rate due to the increase in number of incidences of diabetes, especially in aged population. These devices are user friendly and can be operated by patients themselves, they monitor the blood glucose level and help people to control the level. Free sample for the report is available at “http://www.marketdataforecast.com/marketreports/global-diabetes-care-devices-market-96/request-sample” Need for the devices that are faster, effective, safer and user friendly is growing rapidly, which is majorly fuelling the growth of the market. Government and private investment in R&D leading to technical innovations, increasing number of diabetic patients, diagnosis and treatment using non-invasive techniques are some of the major factors driving the growth of the market. However, High cost of new devices, lack of awareness, stringent regulatory obligations and disparity in reimbursements are some the issues that are constraining its growth. The Diabetes Care Devices Market is segmented based on product type into: 1) Diabetes Monitoring Devices  Self-Blood Glucose Monitoring Devices  Glucose Meters  Test Strips  Lancets  Haemoglobin A1C testing kits  Continuous Glucose Monitoring Devices 2) Insulin Delivery Systems  Insulin Pens  Insulin Pumps  Jet Injectors [phone] | www.marketdataforecast.com | [email protected]