The diabetes management app market is expected to grow at a remarkable pace, with a projected CAGR of 24.5% from 2022 to 2030.
InsightAce Analytic Pvt. Ltd. “Global Diabetes Management Apps Market – By Subscription Model (Free Subscription Model vs Paid Subscription Model), By Service Type (Digital Diabetes Management vs Weight and Diet Management for Diabetics), By OS Platform (Android vs iOS), Trends, Industry Competitive Analysis, Revenue, and Forecast to 2030.”
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According to the latest research by InsightAce Analytic, the global diabetes management apps market is expected to exhibit a CAGR of 24.5% during the forecast period 2022-2030.
The use of smartphone applications for self-management of chronic diseases has shown promise. Diabetes management application platform solutions are being used by patients with various types of diabetes or pre-diabetes to monitor and manage their condition. The inability of the pancreas to produce insulin or stabilize blood glucose levels in the body is the main cause of the disease. Diabetes can lead to other health issues such as cardiovascular disease, chronic kidney disease, and even death. To treat diabetes, devices and apps regulate the body's blood glucose levels. The diabetes measurement capabilities of these devices help doctors treat patients appropriately and capture and store data.
The major factors driving the growth of the market include the usage of smartphones and tablets, healthcare apps, number of diabetes patients across the globe, etc. Leading market players are leveraging strategies such as new product launches, product approvals, and collaborations to maintain their leadership in the global diabetes management apps market and adapt to the changing healthcare needs.
In contrast, concerns regarding patient data privacy and lack of understanding towards diabetes management apps in developing countries are restricting the market growth. However, emerging markets hold significant growth potential for the global diabetes management apps market. The proliferation of apps in online app stores that could enable patients to monitor their blood glucose levels, increasing technological advancements and innovations in the field, and increasing prevalence of diabetes globally are the major factors driving the diabetes management apps market. Factors such as high cost of devices, preference for traditional diabetes care systems, and lack of reimbursement in developing countries are projected to hinder the growth of the diabetes management applications market. Due to limited adoption in emerging economies and growing concerns regarding data security, the diabetes management apps market is expected to experience difficulties.
North America is expected to be a major contributor to the diabetes management apps market during the forecast period. The demand for diabetes management apps is expected to increase in North America due to its strong healthcare sector offering medical case management services. The prevalence of type 1 diabetes is steadily rising in countries across North America, and these people need to constantly monitor their insulin and blood glucose levels to maintain the best possible health. Furthermore, the diabetes management apps market in Asia Pacific is expected to grow significantly during the forecast period. Favorable reimbursement policies for patients with chronic diseases such as diabetes, hypertension, and cardiovascular diseases are projected to increase the demand for diabetes management apps in Asia Pacific. Factors such as robust supply-side infrastructure, rapid adoption of breakthrough technologies, and rational reimbursement are contributing to the growth of the industry.
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Some of the major market players operating in the diabetes management apps market include One Drop Tactio Health Group, AgaMatrix, MySugr, Medisana, Medtronic, BioTelemetry, Inc., DarioHealth, LifeScan, Welldoc, Glooko, Inc., Fooducate, Diabetes: M, Beat Diabetes, ContourNextOne, Azumio, Sanofi-Aventis, Abbott, Distal Thoughts, BHI Technologies, Maxwell Software, and others.
Recent collaborations and agreements in the market:
- In October 2021, LifeScan, Inc. introduced OneTouch Solutions in the U.S. Through this comprehensive digital health service, diabetes patients can receive advice and support from highly regarded clinicians.
- In September 2020, Roche Diagnostics (Switzerland) announced a new component of the Roche Diabetes Care platform: a remote patient monitoring option that leverages pattern detection capabilities.
Market Segments
Global diabetes management app market, Subscription model, 2022-2030 (Value in million USD)
- Free Subscription Model
- Paid subscription model
Global diabetes management app market, Type of service, 2022-2030 (Value in million USD)
- Digital Diabetes Management
- Weight and dietary management for diabetic patients
Global diabetes management app market, OS platform, 2022-2030 (Value in million USD)
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Global diabetes management app market, region, 2022-2030 (Value in million USD)
- North America
- Europe
- Asia Pacific
- latin america
- Middle East and Africa
North American diabetes management app market, country2022-2030 (value US$ million)
Europe Diabetes Management Apps Market, country2022-2030 (value US$ million)
- Germany
- France
- Italy
- Spain
- Russia
- Other Europe
Asia Pacific Diabetes Management Apps Market, country2022-2030 (value US$ million)
- India
- China
- Japan
- South Korea
- Australia and New Zealand
Latin America Diabetes Management Apps Market, country2022-2030 (value US$ million)
- Brazil
- Mexico
- Other Latin America
Middle East and Africa Diabetes Management Apps Market, country2022-2030 (value US$ million)
- GCC Countries
- South Africa
- Other Middle East and Africa
Why you need to access this report:
- Receive a comprehensive analysis of the global diabetes management apps market outlook
- Learn about the industry overview and future trends of the Diabetes Management Apps market
- Analyzing drivers and challenges of the diabetes management app market
- Get information on Diabetes Management Apps Market Value (USD Million) Projection by 2030
- Significant Investments, Mergers and Acquisitions in the Diabetes Management Apps Market Industry
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