Diabetes Care Devices | Market Insights | US | 2023
Although the COVID-19 pandemic hampered the US diabetes care device market in 2020, rising demand for remote monitoring and telehealth services spurred increased glucose monitoring device sales during this period. Beyond the pandemic, moderate growth is anticipated over the forecast period, driven by favorable demographics and the adoption of advanced products—such as hybrid closed-loop insulin pumps—that command a premium price. The opportunities presented in the diabetes care device market are encouraging companies to invest in R&D and to partner with digital technology companies to develop new products that provide treatment improvements for patients.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for diabetes care devices in the US from 2019 through 2031.
