South America Diabetes Care Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Glucose Monitoring Devices and Insulin Delivery Devices) and End User (Homecare and Hospitals & Clinics)
The South America diabetes care devices market is expected to grow from US$ 1,240.89 million in 2022 to US$ 1,712.21 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2022 to 2028.
Technological advancements in the healthcare industry are encouraging market players to focus on research and development of insulin delivery devices. There are various methods to deliver insulin into the human body, including needles, insulin pens, and insulin pumps. Insulin pumps are small computerized diabetes management devices connected with a cannula under the skin to deliver a slow and continuous insulin level. Optimal diabetes management depends on accurate glucose monitoring devices. Technological advancements in glucose monitoring devices have resulted in smaller requirements for blood samples with improved accuracy. Furthermore, the ability to transfer data between the blood glucose (BG) meter and insulin delivery devices has been improved. A smart insulin pen is a reusable injector pen with an easy-to-use smartphone app that can assist diabetic people in managing insulin delivery. This intelligent device calculates and tracks doses while providing patients with helpful reminders. In November 2020, Medtronic plc launched InPen, which connects to real-time Guardian Connect CGM data. The continuous research in insulin pens supports the growth of the diabetes care devices market. Pen needles and syringes are the most used devices for injecting insulin into diabetic patients. Various manufacturers are developing innovative products to sustain themselves in the highly fragmented needle market. Moreover, the easy regulatory approvals have led to mid-sized companies entering the market and competing with the local and established players. The development of pen needles with precise lubrication to reduce the pain sensation has been another focus of manufacturers during the research. Thus, rising technological advancements and increasing influx of new products are expected to propel the market's growth during the forecast period.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America diabetes care devices market. The South America diabetes care devices market is expected to grow at a good CAGR during the forecast period.
South America Diabetes Care Devices Market Revenue and Forecast to 2028 (US$ Million)
South America Diabetes Care Devices Market Segmentation
The South America diabetes care devices market is segmented based on type, end user, and country. Based on type, the market is bifurcated into glucose monitoring devices and insulin delivery devices. The glucose monitoring devices segment would dominate the market in 2022. The glucose monitoring devices segment is further categorized into testing strips, glucometer, lancets, and others. Similarly, the insulin delivery devices segment is segmented into insulin pens, insulin syringes, insulin pumps, and others. Based on end user, the South America diabetes care devices market is bifurcated into homecare and hospitals & clinics. The homecare segment would dominate the market in 2022. Based on country, the market has been categorized into Brazil, Argentina, and the Rest of SAM. Brazil would dominate the market in 2022.
B. Braun Melsungen AG; BD; Dexcom, Inc.; Eli Lilly and Company.; F. Hoffmann-La Roche Ltd.; Insulet Corporation; Medtronic; Novo Nordisk A/S; Tandem Diabetes Care Inc.; and Terumo Corporation are among the leading companies in the SAM diabetes care devices market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Diabetes Care Devices Market – By Type
1.3.2 SAM Diabetes Care Devices Market – By End User
1.3.3 SAM Diabetes Care Devices Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Diabetes Care Devices Market – Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM Diabetes Care Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Incidence of Diabetes
5.1.2 Growing Geriatric Population
5.2 Market Restraints
5.2.1 High Cost of Diabetes Care Devices
5.3 Market Opportunities
5.3.1 Growing Medical Tourism in Developing Countries
5.4 Future Trends
5.4.1 Rapid Technological Advancements in Diabetes Care Devices
5.5 Impact Analysis
6. Diabetes Care Devices Market– SAM Analysis
6.1 SAM Diabetes Care Devices Market Revenue Forecast and Analysis
7. SAM Diabetes Care Devices Market Analysis – By Type
7.1 Overview
7.2 SAM Diabetes Care Devices Market Revenue and Forecasts Analysis, By Type (US$ Mn)
7.3 Glucose Monitoring Devices Market
7.3.1 Overview
7.3.2 Glucose Monitoring Devices Market Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Testing Strips Market
7.3.3.1 Overview
7.3.3.2 Testing Strips Market Revenue and Forecast to 2028 (US$ Mn)
7.3.4 Glucometers Market
7.3.4.1 Overview
7.3.4.2 Glucometers Market Revenue and Forecast to 2028 (US$ Mn)
7.3.5 Lancets Market
7.3.5.1 Overview
7.3.5.2 Lancets Market Revenue and Forecast to 2028 (US$ Mn)
7.3.7 Other Glucose Monitoring Devices Market
7.3.7.1 Overview
7.3.7.2 Other Glucose Monitoring Devices Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Insulin Delivery Devices Market
7.4.1 Overview
7.4.2 Insulin Delivery Devices Market Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Insulin Pens Market
7.4.3.1 Overview
7.4.3.2 Insulin Pens Market Revenue and Forecast to 2028 (US$ Mn)
7.4.4 Insulin Syringes Market
7.4.4.1 Overview
7.4.4.2 Insulin Syringes Market Revenue and Forecast to 2028 (US$ Mn)
7.4.5 Insulin Pumps Market
7.4.5.1 Overview
7.4.5.2 Insulin Pumps Market Revenue and Forecast to 2028 (US$ Mn)
7.4.6 Other Insulin Delivery Devices Market
7.4.6.1 Overview
7.4.6.2 Other Insulin Delivery Devices Market Revenue and Forecast to 2028 (US$ Mn)
8. SAM Diabetes Care Devices Market Analysis– By End User
8.1 Overview
8.2 SAM Diabetes Care Devices Market Revenue and Forecasts Analysis, By End User (US$ Mn)
8.3 Homecare Market
8.3.1 Overview
8.3.2 Homecare Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Hospitals & Clinics Market
8.4.1 Overview
8.4.2 Hospitals & Clinics Market Revenue and Forecasts to 2028 (US$ Mn)
9. SAM Diabetes Care Devices Market – Country Analysis
9.1 SAM: Diabetes Care Devices Market
9.1.1 Overview
9.1.2 SAM: Diabetes Care Devices Market, by Country, 2022 & 2028 (%)
9.1.2.1 Brazil: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.1 Overview
9.1.2.1.1 Brazil: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.2 Brazil: Diabetes Care Devices Market, by Type, 2019–2028 (USD Million)
9.1.2.1.2.1 Brazil: Diabetes Care Devices Market, by Glucose Monitoring Devices Type, 2019–2028 (USD Million)
9.1.2.1.2.2 Brazil: Diabetes Care Devices Market, by Insulin Delivery Devices Type, 2019–2028 (USD Million)
9.1.2.1.3 Brazil: Diabetes Care Devices Market, by End User, 2019–2028 (USD Million)
9.1.2.2 Argentina: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.1 Overview
9.1.2.2.2 Argentina: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.3 Argentina: Diabetes Care Devices Market, by Type, 2019–2028 (USD Million)
9.1.2.2.3.1 Argentina: Diabetes Care Devices Market, by Glucose Monitoring Devices Type, 2019–2028 (USD Million)
9.1.2.2.3.2 Argentina: Diabetes Care Devices Market, by Insulin Delivery Devices Type, 2019–2028 (USD Million)
9.1.2.2.4 Argentina: Diabetes Care Devices Market, by End User, 2019–2028 (USD Million)
9.1.2.3 Rest of SAM: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.1 Overview
9.1.2.3.2 Rest of SAM: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.3 Rest of SAM: Diabetes Care Devices Market, by Type, 2019–2028 (USD Million)
9.1.2.3.3.1 Rest of SAM: Diabetes Care Devices Market, by Glucose Monitoring Devices Type, 2019–2028 (USD Million)
9.1.2.3.3.2 Rest of SAM: Diabetes Care Devices Market, by Insulin Delivery Devices Type, 2019–2028 (USD Million)
9.1.2.3.4 Rest of SAM: Diabetes Care Devices Market, by End User, 2019–2028 (USD Million)
10. Industry Landscape
10.1 Overview
10.2 Organic Developments
10.2.1 Overview
10.3 Inorganic Developments
10.3.1 Overview
11. Company Profiles
11.1 BD
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Novo Nordisk A/S
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 B. Braun Melsungen AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Medtronic
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Tandem Diabetes Care Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Insulet Corporation
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Eli Lilly and Company.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Dexcom, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Terumo Corporation
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 F. Hoffmann-La Roche Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Diabetes Care Devices Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Brazil: Diabetes Care Devices Market, by Type, 2019–2028 (USD Million)
Table 3. Brazil: Diabetes Care Devices Market, by Glucose Monitoring Devices Type, 2019–2028 (USD Million)
Table 4. Brazil: Diabetes Care Devices Market, by Insulin Delivery Devices Type, 2019–2028 (USD Million)
Table 5. Brazil: Diabetes Care Devices Market, by End User, 2019–2028 (USD Million)
Table 6. Argentina: Diabetes Care Devices Market, by Type, 2019–2028 (USD Million)
Table 7. Argentina: Diabetes Care Devices Market, by Glucose Monitoring Devices Type, 2019–2028 (USD Million)
Table 8. Argentina: Diabetes Care Devices Market, by Insulin Delivery Devices Type, 2019–2028 (USD Million)
Table 9. Argentina: Diabetes Care Devices Market, by End User, 2019–2028 (USD Million)
Table 10. Rest of SAM: Diabetes Care Devices Market, by Type, 2019–2028 (USD Million)
Table 11. Rest of SAM: Diabetes Care Devices Market, by Glucose Monitoring Devices Type, 2019–2028 (USD Million)
Table 12. Rest of SAM: Diabetes Care Devices Market, by Insulin Delivery Devices Type, 2019–2028 (USD Million)
Table 13. Rest of SAM: Diabetes Care Devices Market, by End User, 2019–2028 (USD Million)
Table 14. Organic Developments Done By Companies
Table 15. Inorganic Developments Done By Companies
Table 16. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Diabetes Care Devices Market Segmentation
Figure 2. SAM Diabetes Care Devices Market Segmentation, By Country
Figure 3. SAM Diabetes Care Devices Market Overview
Figure 4. SAM Diabetes Care Devices Market, By Type
Figure 5. SAM Diabetes Care Devices Market, By Country
Figure 7. SAM: PEST Analysis
Figure 8. Experts’ Opinion
Figure 9. SAM Diabetes Care Devices Market: Impact Analysis of Drivers and Restraints
Figure 10. SAM Diabetes Care Devices Market– Revenue Forecast and Analysis
Figure 11. SAM Diabetes Care Devices Market Revenue and Forecast Analysis, By Type 2022 and 2028 (%)
Figure 12. SAM Glucose Monitoring Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. SAM Testing Strips Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. SAM Glucometers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. SAM Lancets Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. SAM Other Glucose Monitoring Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. SAM Insulin Delivery Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. SAM Insulin Pens Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. SAM Insulin Syringes Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. SAM Insulin Pumps Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. SAM Others Insulin Delivery Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. SAM Diabetes Care Devices Market Revenue and Forecast Analysis, by End User 2022 & 2028 (%)
Figure 23. SAM Homecare Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. SAM Hospitals & Clinics Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. SAM: Diabetes Care Devices Market, by Key Country – Revenue (2022) (USD Million)
Figure 26. SAM: Diabetes Care Devices Treatment Market, by Country, 2022 & 2028 (%)
Figure 27. Brazil: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. Argentina: Diabetes Care Devices Treatment Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Rest of SAM: Diabetes Care Devices Market – Revenue and Forecast to 2028 (USD Million)
- B. Braun Melsungen AG
- BD
- Dexcom, Inc.
- Eli Lilly and Company.
- F. Hoffmann-La Roche Ltd.
- Insulet Corporation
- Medtronic
- Novo Nordisk A/S
- Tandem Diabetes Care Inc.
- Terumo Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM diabetes care devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM diabetes care devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the diabetes care devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution