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Global Diabetes Care Devices Market Forecast to Reach $25.3 Billion by 2018 with 5.2% CAGR
Date:9/17/2012

FARMINGTON, Conn., Sept. 17, 2012 /PRNewswire-iReach/ -- Healthcare, biotechnology, and pharmaceuticals combine to represent 10% or more of the world's GDP. Global Information Inc (GII) is pleased to present just three of the more than 40,000 market research reports, forecasts, and studies we have available to help companies, investors, suppliers, marketers, and manufacturers reliably forecast and plan their business in this increasingly valuable sector. Want to learn more? Contact us today for a one-on-one conversation about what market research can do for you in this fast-moving, turbulent market.

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Diabetes Care Devices Market to 2018 - Integrated Insulin Pumps with Continuous Glucose Monitoring Technology to Add a New Dimension to Diabetes Management

The global market for diabetes care devices is forecast to reach $25.3 billion by 2018 at a Compound Annual Growth Rate (CAGR) of 5.2%. Glucose monitoring devices will be the largest category in the market, with a value of $13.3 billion by 2018. The insulin delivery devices market was valued at $8.1 billion in 2011, and is forecast to grow at a CAGR of 5.9% to reach revenues of $12 billion in 2018.

The market is primarily expected to be driven during the forecast period by the large patient pool suffering from diabetes and the rapid uptake of innovative, minimally or non-invasive products. Examples include the C8 MediSensors Optical Glucose Monitor, NBM-200G, Easy Check Breath Glucose and EyeSense Blood Glucose Measurement Device, which utilize a patients sweat, exhaled breath or a fluorescent eye signal to measure blood glucose levels. Integrated Continuous Glucose Monitoring (CGM) systems will also contribute to the growth of the glucose
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