Denmark Diabetes Devices Market Size & Outlook, 2023-2030
Denmark diabetes devices market, 2018-2030 (US$M)
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Denmark diabetes devices market highlights
- The Denmark diabetes devices market generated a revenue of USD 561.2 million in 2023 and is expected to reach USD 897.5 million by 2030.
- The Denmark market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, insulin delivery devices was the largest revenue generating type in 2023.
- Insulin Delivery Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Diabetes devices market data book summary
| Market revenue in 2023 | USD 561.2 million |
| Market revenue in 2030 | USD 897.5 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Insulin delivery devices |
| Fastest growing segment | Insulin Delivery Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Glucose Monitoring (BGM) Devices, Insulin Delivery Devices |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Roche Holding AG, Bayer AG, Johnson & Johnson, B. Braun, DexCom Inc, Insulet Corp, Ypsomed Holding AG, Sanofi SA, Novo Nordisk A/S ADR, Arkray |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.9% of the global diabetes devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany diabetes devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,416.1 million by 2030.
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Diabetes Devices Market Scope
Diabetes Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark diabetes devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diabetes devices market will help companies and investors design strategic landscapes.
Insulin delivery devices was the largest segment with a revenue share of 54.19% in 2023. Horizon Databook has segmented the Denmark diabetes devices market based on blood glucose monitoring (bgm) devices, insulin delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
There is wide scope for design & innovation expertise, research & development collaborations, demonstration & test facilities, high-tech application, and public-private partnerships. Denmark also has strong knowledge base with diagnostic equipment at university as well as business levels.
For instance, in December 2021, Novo Nordisk A/S announced an investment of more than USD 2.58 billion for the development of three new manufacturing facilities and the expansion of one existing facility at Kalundborg, Denmark.
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Target buyers of Denmark diabetes devices market databook
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Our clientele includes a mix of diabetes devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Denmark diabetes devices market , including forecasts for subscribers. This country databook contains high-level insights into Denmark diabetes devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark diabetes devices market size, by type, 2018-2030 (US$M)
Denmark Diabetes Devices Market Outlook Share, 2023 & 2030 (US$M)
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