Germany Digital Diabetes Management Market Size & Outlook
Germany digital diabetes management market, 2018-2030 (US$M)
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Germany digital diabetes management market highlights
- The Germany digital diabetes management market generated a revenue of USD 607.2 million in 2022 and is expected to reach USD 1,115.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, continuous blood glucose monitoring system was the largest revenue generating product in 2022.
- Smart insulin pens is the most lucrative product segment registering the fastest growth during the forecast period.
Digital diabetes management market data book summary
| Market revenue in 2022 | USD 607.2 million |
| Market revenue in 2030 | USD 1,115.2 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Continuous blood glucose monitoring system |
| Fastest growing segment | Smart insulin pens |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart glucose meter, Continuous blood glucose monitoring system, Smart insulin pens, Smart insulin pumps, Apps |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Roche Holding AG ADR, Bayer AG, Sanofi SA, DexCom Inc, Insulet Corp, PHC Holdings Corp, B. Braun Medical, Brigade High Income Founders |
Other key industry trends
- In terms of revenue, Germany accounted for 5.1% of the global digital diabetes management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany digital diabetes management market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 845.1 million by 2030.
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Digital Diabetes Management Market Scope
Digital Diabetes Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany digital diabetes management 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 digital diabetes management market will help companies and investors design strategic landscapes.
Continuous blood glucose monitoring system was the largest segment with a revenue share of 40.32% in 2022. Horizon Databook has segmented the Germany digital diabetes management market based on smart glucose meter, continuous blood glucose monitoring system, smart insulin pens, smart insulin pumps, apps covering the revenue growth of each sub-segment from 2018 to 2030.
Germany was leading Europe’s digital diabetes management market; it was valued at 393.9 million in 2019 and is expected to continue its dominance over the forecast period. According to the International Diabetes Federation, over 13.0% of the total German population is suffering from diabetes, which is expected to increase over the forecast period.
The German Diabetes Association estimates the number of diabetes cases in Germany to be around 8 million by 2026, which is expected to boost the demand for diabetes devices in the country.
Increasing international research collaborations on technological advancements and growing awareness about diabetes care are some of the major factors creating opportunities for market players. In 2017, Dario Health launched its smart diabetes platform.
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Our clientele includes a mix of digital diabetes management 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 Germany digital diabetes management market, including forecasts for subscribers. This country databook contains high-level insights into Germany digital diabetes management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany digital diabetes management market size, by product, 2018-2030 (US$M)
Germany Digital Diabetes Management Market Share, 2022 & 2030 (US$M)
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