The size of the Diabetes Care Devices Market in the Asia Pacific was estimated at USD 2.95 Billion in 2022. It is expected to reach USD 4.22 billion by 2027, at a CAGR of 7.41% during the forecast period from 2022 to 2027.
Diabetes is a group of metabolic disorders, a chronic conditions which is associated with an abnormally high level of sugar (glucose) in the blood. Southeast Asia currently witnesses 78.3 million people affected with Diabetes, which is going to reach 140.2 million by 2040. The Western Pacific region witnesses 153.2 million people affected with diabetes, and this number is said to reach 214.8 million by 2040.
The Asia Pacific has the highest diabetes population, with the number increasing at quite an alarming rate. Due to this, there is a massive demand for diabetes care devices, primarily driving the market. Also, the increasing healthcare costs operate the market with increased revenues accumulated by the companies in this region.
But the market growth is constrained here due to the low medical literacy rate, leading to the fall in sales of devices.
This research report on the APAC diabetes devices market has been segmented and sub-segmented into the following categories:
Regionally, countries such as China, India, Japan, Korea, and Australia. China and India are the leading contributors in this region with a significant incidence of companies involved in manufacturing diabetes care devices, due to the highest prevalence of Diabetes population in their areas. China has the world’s largest community, with close to 1.4 billion people, followed by India, with around 1.2 billion people in 2014. According to the International Diabetes Federation, China had the most significant number of diabetic patients, with about 96.2 million diabetic patients followed by India, with around 66.8 million diabetic patients in 2014. It represents a majority of approximately 40-45% of the global diabetic population living in India and China, providing significant opportunities for the global diabetes care devices companies to invest in this region.
A few of the leading companies operating in the APAC diabetes devices market profiled in this report are Roche Diagnostics, Johnson & Johnson, Abbott Laboratories, Novo Nordisk, Ascensia, Tandem, and Terumo.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1 Global Diabetes Care Devices Market, by Type
5.1.1 Glucose Monitoring Devices
22.214.171.124 Self Blood Glucose Monitoring Devices
126.96.36.199.1 Glucose Meters
188.8.131.52.2 Test strips
184.108.40.206.4 Hemoglobin A1c testing Kits
220.127.116.11 Continous Glucose Monitoring Devices
5.1.2 Insulin Delivery Systems
18.104.22.168 Insulin Syringes
22.214.171.124 Insulin Pens
126.96.36.199 Insulin Pumps
188.8.131.52 Jet Injectors
5.1.3 Control Solutions
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 F. Hoffmann-La Roche Ltd
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Medtronic Inc.
8.3 Johnson & Johnson
8.4 Abbott Laboratories
8.5 Becton, Dickinson and Company
8.6 Ascensia Diabetes care
8.7 Novo Nordisk A/S
8.8 Dexcom, Inc.
8.9 Insulet Corporation
8.10 Terumo Corporation
8.11 Tandem Diabetes Care, Inc
8.12 Ypsomed AG
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.1 Market Outlook
10.2 Investment Opportunities
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