Sweden Diabetes Devices Market Size & Outlook, 2023-2030
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Sweden diabetes devices market highlights
- The Sweden diabetes devices market generated a revenue of USD 695.6 million in 2023 and is expected to reach USD 1,089.4 million by 2030.
- The Sweden market is expected to grow at a CAGR of 6.6% 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 695.6 million |
| Market revenue in 2030 | USD 1,089.4 million |
| Growth rate | 6.6% (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, Sweden accounted for 2.3% 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 |
|---|---|---|---|---|
| Ypsomed Holding AG | View profile | 2400 | Brunnmattstrasse 6, Burgdorf, Switzerland, 3401 | https://www.ypsomed.com |
| DexCom Inc | View profile | 9600 | 6340 Sequence Drive, San Diego, CA, United States, 92121 | https://www.dexcom.com |
| Arkray | View profile | 5001-10000 | Kyoto-shi, Kyoto, Japan, Asia | https://www.arkray.co.jp/japanese/index.html |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Novo Nordisk A/S ADR | View profile | 66015 | Novo Alle 1, Bagsvaerd, Denmark, 2880 | https://www.novonordisk.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Insulet Corp | View profile | 3000 | 100 Nagog Park, Acton, MA, United States, 01720 | https://www.insulet.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Sweden 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 54.18% in 2023. Horizon Databook has segmented the Sweden 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.
The medical devices manufacturing industry in Sweden is comparatively small and employs roughly 18,000 people. Domestic companies include small- to mid-sized manufacturers. However, several multinational medical device companies have established subsidiaries in Sweden.
In addition, there is constant demand for diabetes applications, user-friendly home care, minimally/noninvasive equipment, diabetes devices, and e-health applications. This high demand will lead to the market growth in Sweden.
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Target buyers of Sweden 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 Sweden diabetes devices market , including forecasts for subscribers. This country databook contains high-level insights into Sweden diabetes devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden diabetes devices market size, by type, 2018-2030 (US$M)
Sweden Diabetes Devices Market Outlook Share, 2023 & 2030 (US$M)
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