Global diabetes care devices market to reach $76b by 2034

The expansion is being driven by the rising cases of diabetes, especially type 2 diabetes.

The global diabetes care devices market is projected to reach $76b by 2034, expanding at a compound annual growth rate of 7%, according to a DelveInsight Business Research report.

The expansion is being driven by the rising cases of diabetes, especially type 2 diabetes, due to sedentary lifestyles, obesity, ageing populations, and unhealthy diets.

By region, the Asia Pacific region is rapidly establishing itself as one of the most dynamic and influential markets, driven by the rising prevalence of diabetes, large populations, and accelerating urbanisation.

Increased awareness of early diagnosis and effective disease management is also boosting the adoption of glucose monitoring and insulin delivery devices.