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The Diabetes Device Market Outlook to 2016
Business Insights, March 2011, Pages: 133
The diabetes devices market was worth $13.9bn in 2010 and with continued innovation and the increasing prevalence of this disease is poised for continued strong growth through to 2016.
This report gives coverage of the diabetes device market which incorporates both diagnostic and insulin delivery devices. Epidemiology of this disease is forecast to 2030 and the various market segments of the market are forecast through to 2016. The report includes detailed company profiles of the established key emerging companies. The regulatory environment and other key events are assessed.
Scope of this research
- Identify the market potential of the diabetes device market and the various diabetes device segments.
- Gain a quick and comprehensive understanding of the innovations shaping the diabetes device market.
- Identify the key innovations being developed by both emerging and established players and assess their potential.
- Benchmark performance in terms of revenue growth and product launch capabilities against the leading diabetes device companies.
- Learn from the strategies of leading diabetes device companies to target future growth areas, avoid their mistakes, and replicate their successes
Research and analysis highlights
The global diabetes device market is projected to reach $19.6bn by 2016, growing at a CAGR of 5.9%. Continuous glucose monitoring systems will emerge as the fastest growing market segment over this period as innovative systems with improved accuracy are introduced.
The market for insulin pen devices is projected to grow at a CAGR of 13% to 2016 driven by the rapid uptake of pre-filled insulin pens and increased penetration of insulin pens in the US, where these devices are underutilized as compared to Europe.
The market is very concentrated among the leading players. The top three companies controlled more than 50% of the market. Of the top five companies, all except for Bayer have utilized acquisitions to get access to innovative technologies. The emergence of several innovative, specialist companies has challenged the dominance of the leading players.
Key reasons to purchase this research
- Which will be the largest growth opportunities in the diabetes device market?
- Which companies are leading the various segments of the diabetes devices market?
- What are the new advances in diabetes devices and which of them offer the most significant potential in the future?
- How have the leading companies established their market leading positions in the various segments of the diabetes devices market?
- How have the leading companies in the diabetes device market performed financially over the last three years?
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