Healthcare Industry Updates Digital Diabetes Management Market Trends 2019 | Page 3
segment.
Wearable devices segment to witness the highest growth in the digital diabetes management
devices market, by type
Based on type, the digital diabetes management devices market is segmented into wearable
devices and handheld devices. The wearable devices segment accounted for the largest share
of the digital diabetes management devices market in 2018. The large share of this segment can
be attributed to the increasing number of regulatory approvals for CGM systems; technological
advancements such as closed-loop pump systems, smart insulin patches, and other pipeline
devices; and the growing adoption of smart insulin pumps and insulin patches for self-insulin
delivery in diabetes management.
North America, the largest regional market for digital diabetes management
North America accounted for the largest share of the Digital Diabetes Management Market in
2018, followed by Europeand the Asia Pacific. Factors such as growing adoption of connected
diabetes management devices, high adoption of diabetes management apps, growing demand
for integrated hybrid closed-loop systems, favorable reimbursement policies, and government
initiatives to promote digital health in the region are driving the growth of the Digital Diabetes
Management Market in North America.
Prominent players in the Digital Diabetes Management Market are Medtronic (Ireland),
B. Braun (Germany), Dexcom (US), Abbott Laboratories (US), Roche Diagnostics (Switzerland),
Insulet Corporation (US), Tandem Diabetes Care (US), Ascensia Diabetes Care (Switzerland),
LifeScan (US), Tidepool (US), AgaMatrix (US), Glooko Inc. (US), and DarioHealth (Israel)..
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