Diabetes Market Size, Share & Trends Analysis | Europe | 2019-2025 | MedSuite | Includes: Blood Glucose Meters, Blood Glucose Test Strips, Continuous Glucose Monitors and 6 more
- Year: 2019
- Scope: 2015-2025
- Region: Europe
- Pages: 449
- Published Date: 07/02/2019
- Type: MedSuite
The European diabetes monitoring, treatment, and drug delivery market, also referred to as the diabetes care market, includes blood glucose meters, blood glucose test strips, lancets, continuous glucose monitoring (CGM), flash glucose monitoring (FGM), insulin, insulin pens, insulin syringes, and insulin pumps.
Previously, the European diabetes monitoring, treatment, and drug-delivery market was valued at €6.8 billion. However, an increase is projected over the forecast period to reach approximately €9 billion by 2025 at a CAGR of 4.3%. The growth over the forecast period for this marker can be attributed to demographic factors, increasing obesity rates, the conversion to safety products, and insulin pump therapies.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Market Drivers & Limiters
- Market Forecasts Until 2025, and Historical Data to 2015
- Recent Mergers & Acquisitions
- SWOT analyses on top competitors
- Company Profiles and Product Portfolios
- Leading Competitors
EUROPEAN DIABETES CARE MARKET INSIGHTS
The European diabetes care market is increasing and growth is expected to continue over the forecast period, driven by increasing unit sales and moderated by ASP depreciation. The primary driver of growth will be the expanding diabetic population in Europe and the increasing number of patients that require various diabetes care devices to manage their disease on a daily basis. The largest segment in the diabetes care market was the insulin market, which accounted for over 44% of the total market value. The insulin market includes long-acting insulin, ultra-long-acting insulin, rapid-acting insulin, premixed insulin, and human insulin.
EUROPEAN DIABETES CARE MARKET SHARE INSIGHTS
Novo Nordisk, Sanofi, and Roche controlled the European diabetes care market.
The leading competitor in the diabetes care market was Novo Nordisk, which was attributed to its leading position in the insulin market and second-leading position in the insulin pen needle market. Novo Nordisk held the leading position in the rapid-acting insulin and premixed insulin markets and the second-leading position in the long-acting insulin, ultra-long-acting insulin, and human insulin markets.
RESEARCH REGIONAL COVERAGE
Throughout this report, iData Research has extensively covered the U.S. market in great detail. The regions covered are:
- Europe (Germany, France, United Kingdom, Italy, Spain, Benelux (Belgium, Netherlands, and Luxembourg), Scandinavia (Denmark, Finland, Norway, and Sweden), Austria, Switzerland, and Portugal)
iData’s 9-Step Research MethodologyOur reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
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Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
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