UK Digital Diabetes Management Market Size & Outlook
UK digital diabetes management market, 2018-2030 (US$M)
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UK digital diabetes management market highlights
- The UK digital diabetes management market generated a revenue of USD 466.9 million in 2022 and is expected to reach USD 856.8 million by 2030.
- The UK 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 466.9 million |
| Market revenue in 2030 | USD 856.8 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, UK accounted for 4.0% 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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UK 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 40.35% in 2022. Horizon Databook has segmented the UK 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.
The UK diabetes devices market is expected to grow over the forecast period, owing to the increasing prevalence of diabetes and favorable reimbursement policies for diabetes care. According to the International Diabetes Federation, in 2017, 1 in 17 adults, or 6% of the total population in the country, were suffering from diabetes.
They are expensive and generally covered under insurance policies, such as national health coverage policies or through a company called insurance4insulinpumps. Moreover, technological advancements and the implementation of government awareness campaigns are expected to propel the market over the forecast period.
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Target buyers of UK digital diabetes management market databook
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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 UK digital diabetes management market, including forecasts for subscribers. This country databook contains high-level insights into UK digital diabetes management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK digital diabetes management market size, by product, 2018-2030 (US$M)
UK Digital Diabetes Management Market Share, 2022 & 2030 (US$M)
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