Latin America Diabetes Care Devices Market By Device Type (Glucose Monitoring Systems, Insulin Delivery Systems And Control Solutions) And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecast (2018 – 2023)

Latin America Diabetes Care Devices Market By Device Type (Glucose Monitoring Systems, Insulin Delivery Systems And Control Solutions) And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecast (2018 – 2023)

ID: 108 | Pages: 145 | April 2018 | Region: Latin America


Latin America Diabetes Care Devices Market has been estimated at USD 1.88 billion in 2018 and is projected to reach USD 2.58 billion by 2023, at a CAGR of 6.47% during the forecast period from 2018 to 2023.Diabetes is a group of metabolic disorders, chronic condition which is associated with abnormally high level of sugar (glucose) in the blood. Latin America currently witnesses 29.6 million people affected with Diabetes which is going to reach 48.8 million by 2040.

In Latin America, the market is mainly driven with increasing R & D in the field of Diabetes along with increasing awareness about disease care. But still there is a class of people with low medical literacy rate due to which the market growth is constrained. The high cost of medical devices is also restricting the market in Latin America. Chronic problems have alarmingly increased direct costs (medical care) and indirect costs (temporary disability, permanent disability and premature mortality). If more resources are not assigned to preventive medicine, these trends, in addition to not meeting the needs of the population, will financially collapse health systems and the patients’ pockets.

In Latin America, the diabetes care device market is segmented by type and by country. By type the market has been segmented in to Insulin delivery devices, Diabetes monitoring devices and Diabetes Control Solutions. The products in each of these segments are segregated in the following way: Diabetes Monitoring Devices (Self-blood Monitoring Devices: Blood Glucose Monitoring Devices, Test Strips, Lancets and Hemoglobin A1c Testing Kits; Continuous Glucose Monitoring Devices); Insulin Delivery Devices (Insulin Pens, Insulin Pumps, Jet Injectors and Insulin Syringes) and Diabetes Control Solutions.

Geographically, Latin America is segmented into Brazil, Mexico and Rest of the Latin America. Brazil is the highest contributor to this market. Effective strategies for universal coverage, with changes in the model of care and more resources allocated to detection and prevention of chronic illness can come up with health care reforms. This will help the patients in this region to purchase the medical devices without any trouble. Also, the companies involved in the manufacturing of Diabetes Care Devices should make sure that the technology that is involved in the device is feasible, in order for the product to get sold in the market. With customized design and feasible products, there is a lot of scope for the companies in Latin American market.

Roche Diagnostics, Ascensia, Abbott Laboratories, Novo Nordisk, Johnson & Johnson, Tandem and Terumo are the top companies in Latin America Diabetes Care Devices Market.

  1. Introduction

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

  1. Research Methodology

                2.1 Introduction                                                               

                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                                                          

  1. Overview

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 New Developments                                               

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

  1. Market Segmentation

                5.1 Global Diabetes Care Devices Market, by Type                                                           

                                5.1.1 Glucose Monitoring Devices                                            

                                                5.1.1.1 Self Blood Glucose Monitoring Devices                   

                                                                5.1.1.1.1 Glucose Meters             

                                                                5.1.1.1.2 Test strips        

                                                                5.1.1.1.3 Lancets              

                                                                5.1.1.1.4 Hemoglobin A1C testing Kits    

                                                5.1.1.2 Continuous Glucose Monitoring Devices                

                                5.1.2 Insulin Delivery Systems                                   

                                                5.1.2.1 Insulin Syringes                 

                                                5.1.2.2 Insulin Pens                        

                                                5.1.2.3 Insulin Pumps                    

                                                5.1.2.4 Jet Injectors                        

                                5.1.3 Control Solutions                                  

  1. Geographical Analysis

                                6.1 Introduction                                               

                                6.2 Brazil                                             

                                6.3 Mexico                                         

                                6.4 Rest of Latin America                                             

  1. Strategic Analysis

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                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                                     

  1. Market Leaders' Analysis

                8.1 F. Hoffmann-La Roche Ltd                                                    

                                8.1.1 Overview                                 

                                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                                                           

  1. Competitive Landscape

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

  1. Expert Opinions

                10.1 Market Outlook                                                     

                10.2 Investment Opportunities                                                 

     Appendix                                                                          

  1. List of Tables
  2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Latin America Diabetes Care Devices Market by Type from 2018-2023 (in $Billion)
  2. Latin America Glucose Monitoring Devices Market by Region from 2018-2023 (in $Billion)
  3. Latin America Glucose Monitoring Devices Market by Type from 2018-2023 (in $Billion)
  4. Latin America Self Monitoring Blood Glucose (SMBG) Market by Region from 2018-2023 (in $Billion)
  5. Latin America Continuous Glucose Monitoring (CGM) Devices Market by Region from 2018-2023 (in $Billion)
  6. Latin America Self Monitoring Blood Glucose (SMBG) Market by Type from 2018-2023 (in $Billion)
  7. Latin America Glucose Meters Market by Region from 2018-2023 (in $Billion)
  8. Latin America Testing Strips Market by Region from 2018-2023 (in $Billion)
  9. Latin America Lancets Market by Region from 2018-2023 (in $Billion)
  10. Latin America Haemoglobin A1C Testing Kits Market by Region from 2018-2023 (in $Billion)
  11. Latin America Insulin Delivery Devices Market by Region from 2018-2023 (in $Billion)
  12. Latin America Insulin Delivery Devices Market by Type from 2018-2023 (in $Billion)
  13. Latin America Insulin Syringes Market by Region from 2018-2023 (in $Billion)
  14. Latin America Insulin Pumps Market by Region from 2018-2023 (in $Billion)
  15. Latin America Insulin Pens Market by Region from 2018-2023 (in $Billion)
  16. Latin America Insulin Jet Injectors Market by Region from 2018-2023 (in $Billion)
  17. Latin America Control Solutions Market by Region from 2018-2023 (in $Billion)
  18. Latin America Diabetes Care Devices Market by Region from 2018-2023 (in $Billion)
  19. Latin America Glucose Monitoring Devices Market by Type from 2018-2023 (in $Billion)
  20. Latin America Diabetes Care Devices Market by Type from 2018-2023 (in $Billion)
  21. Latin America Glucose Monitoring Devices Market by Type from 2018-2023 (in $Billion)
  22. Latin America Self Monitoring Blood Glucose (SMBG) Market by Type from 2018-2023 (in $Billion)
  23. Latin America Insulin Delivery Devices Market by Type from 2018-2023 (in $Billion)
  24. Brazil Diabetes Care Devices Market by Type from 2018-2023 (in $Billion)
  25. Brazil Glucose Monitoring Devices Market by Type from 2018-2023 (in $Billion)
  26. Brazil Self Monitoring Blood Glucose (SMBG) Market by Type from 2018-2023 (in $Billion)
  27. Brazil Insulin Delivery Devices Market by Type from 2018-2023 (in $Billion)
  28. Mexico Diabetes Care Devices Market by Type from 2018-2023 (in $Billion)
  29. Mexico Glucose Monitoring Devices Market by Type from 2018-2023 (in $Billion)
  30. Mexico Self Monitoring Blood Glucose (SMBG) Market by Type from 2018-2023 (in $Billion)
  31. Mexico Insulin Delivery Devices Market by Type from 2018-2023 (in $Billion)
  32. Rest of Latin America Diabetes Care Devices Market by Type from 2018-2023 (in $Billion)
  33. Rest of Latin America Glucose Monitoring Devices Market by Type from 2018-2023 (in $Billion)
  34. Rest of Latin America Self Monitoring Blood Glucose (SMBG) Market by Type from 2018-2023 (in $Billion)
  35. Rest of Latin America Insulin Delivery Devices Market by Type from 2018-2023 (in $Billion)
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