Growth Strategies in an Increasingly Competitive and Digitalized Environment
06-Jan-2022
Global
Market Research
K6D9-01-00-00-00
HC03489-GL-MT_26161
The diabetes industry offers significant growth opportunities, given the rising prevalence of this disease condition. However, the devices space comprising self-monitoring of blood glucose (SMBG, or glucometer), continuous glucose monitors (CGMs), insulin pens, and insulin pumps are facing unprecedented threats and challenges, some of which are definitely opportunities in disguise. These are in the form of business dynamics (including competitor advances), emerging disease management approaches, technology advances, and also Mega Trends driven by the pandemic. For each diabetes device manufacturer planning their short-term (1 to 3 year) and long-term (5 to 7 year) strategies, this study offers insights into what their peers within the same and adjacent device category are aiming for, how the pharmaceutical industry is impacting the diabetes space, the emerging disease management approaches and trends of virtual care, and how to target the huge emerging market potential, which remains unacknowledged and untapped. It also highlights the direction of the industry for each device type in the developed markets, allowing strategies to be aligned to market growth and avoiding competitive losses.
Author: Siddharth Shah
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on Diabetes Devices and Services
Growth Opportunities Fuel the Growth Pipeline Engine™
Segmentation
Growth Drivers
Growth Restraints
Overview of Opportunities and Threats
Trends and Threats for SMBG Participants
Trends and Threats for CGM Device Vendors
Trends and Threats for Insulin Pen Vendors
Trends and Threats for Insulin Pump Vendors
Summarized Insights
Summarized Insights (continued)
Select Trends of Focus
Pharma Participants Pushing Diabetes Management Solutions
New Business Models
Diabetes Start-up Acquisitions
Rising PE & VC Investment in Diabetes
Pivot to Diabetes Disease Management
Rise in Digital Diabetes ‘Reversal’ Management Solutions’ Adoption
Non-invasive Monitoring Tech and Wearables Emerging
Emerging Diabetes ‘Treatment’ Approaches
Global Diabetes Prevalence
Rise in Pre-diabetes and Diabetes Prevalence
Regional Distribution of Diabetics
Changes in Regional Share of Diabetics
Pre-diabetes—Another Cause for Concern
Target Regions for Diabetes & Pre-Diabetes Management
Care Models to Target Emerging Markets
India—Premium Offerings in a Large, Out-of-pocket Market
Africa’s Unique Needs Demand a Different Approach
Dubai’s Glucare—Integrated Care Model
Sector-wise Growth Strategies in Developed Markets
Sector-wise Growth Strategies in Developed Markets (continued)
Evolution of Approaches to Manage Chronic Condition Patients
Growth Opportunity 1—Active Disease Management Vendor Partnerships for Tapping Unaddressed Market Needs
Growth Opportunity 1—Active Disease Management Vendor Partnerships for Tapping Unaddressed Market Needs (continued)
Growth Opportunity 2—Enabling Digital Platforms for Diabetic’s Data Collection & Insights
Growth Opportunity 2—Enabling Digital Platforms for Diabetic’s Data Collection & Insights (continued)
Growth Opportunity 3—Developing Type 1 Diabetes-specific Disease Management Solutions with Insulin Pumps to Prepare for Competition
Growth Opportunity 3—Developing Type 1 Diabetes-specific Disease Management Solutions with Insulin Pumps to Prepare for Competition (continued)
Growth Opportunity 4—Targeting Wellness Applications for Non-Diabetics
Growth Opportunity 4—Targeting Wellness Applications for Non-Diabetics (continued)
Growth Opportunity 5—Tap Emerging Markets for Next Phase of Growth
Growth Opportunity 5—Tap Emerging Markets for Next Phase of Growth (continued)
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
- Diabetes Devices and Services: Market Segmentation, Global, 2021
- Diabetes Devices and Services: Growth Drivers, Global, 2022–2026
- Diabetes Devices and Services: Growth Restraints, Global, 2022–2026
- Diabetes Devices and Services: Trends & Threats for SMBG Device OEMs, Global, 2021–2028
- Diabetes Devices and Services: Trends & Threats for CGM Device OEMs, Global, 2021–2028
- Diabetes Devices and Services: Trends & Threats for Insulin Pen Device OEMs, Global, 2021–2028
- Diabetes Devices and Services: Trends & Threats for Insulin Pump Device OEMs, Global, 2021–2028
- Diabetes Devices and Services: Summary of Market Trends by Device Type, Global, 2021
- Diabetes Devices and Services: Select Diabetes Acquisitions, Global, 2020–October 2021
- Diabetes Devices and Services: Funding for Diabetes Start-ups, US, 2018–H1 2021
- Diabetes Devices and Services: The Digital Care Model for Diabetes Management, Global, 2021
- Diabetes Devices and Services: Non-invasive Glucose Measurement Start-ups’ Progress, Global, 2021
- Diabetes Devices and Services: Diabetes Prevalence, Global, 2000–2019
- Diabetes Devices and Services: Estimates of Diabetes Prevalence, Global, 2025, 2030, and 2045
- Diabetes Devices and Services: Pre-diabetes and Diabetes Prevalence Growth, Global, 2019-2045
- Diabetes Devices and Services: Diabetes Prevalence by Region with Proportion of Undiagnosed Patients, Global, 2019
- Diabetes Devices and Services: Changes in Diabetes Prevalence by Region, Global, 2019 and 2045
- Diabetes Devices and Services: Pre-diabetes Prevalence by Region, Global, 2019–2045
- Diabetes Devices and Services: Target Regions for Diabetes and Pre-diabetes Management Growth, Global, 2019 and 2045
- Diabetes Devices and Services: Target Channels and Solutions for Diabetes Services, Emerging Markets, 2021
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| List of Charts and Figures | Diabetes Devices and Services: Market Segmentation, Global, 2021~ Diabetes Devices and Services: Growth Drivers, Global, 2022–2026~ Diabetes Devices and Services: Growth Restraints, Global, 2022–2026~ Diabetes Devices and Services: Trends & Threats for SMBG Device OEMs, Global, 2021–2028~ Diabetes Devices and Services: Trends & Threats for CGM Device OEMs, Global, 2021–2028~ Diabetes Devices and Services: Trends & Threats for Insulin Pen Device OEMs, Global, 2021–2028~ Diabetes Devices and Services: Trends & Threats for Insulin Pump Device OEMs, Global, 2021–2028~ Diabetes Devices and Services: Summary of Market Trends by Device Type, Global, 2021~ Diabetes Devices and Services: Select Diabetes Acquisitions, Global, 2020–October 2021~ Diabetes Devices and Services: Funding for Diabetes Start-ups, US, 2018–H1 2021~ Diabetes Devices and Services: The Digital Care Model for Diabetes Management, Global, 2021~ Diabetes Devices and Services: Non-invasive Glucose Measurement Start-ups’ Progress, Global, 2021~ Diabetes Devices and Services: Diabetes Prevalence, Global, 2000–2019~ Diabetes Devices and Services: Estimates of Diabetes Prevalence, Global, 2025, 2030, and 2045~ Diabetes Devices and Services: Pre-diabetes and Diabetes Prevalence Growth, Global, 2019-2045~ Diabetes Devices and Services: Diabetes Prevalence by Region with Proportion of Undiagnosed Patients, Global, 2019~ Diabetes Devices and Services: Changes in Diabetes Prevalence by Region, Global, 2019 and 2045~ Diabetes Devices and Services: Pre-diabetes Prevalence by Region, Global, 2019–2045~ Diabetes Devices and Services: Target Regions for Diabetes and Pre-diabetes Management Growth, Global, 2019 and 2045~ Diabetes Devices and Services: Target Channels and Solutions for Diabetes Services, Emerging Markets, 2021~ |
| Author | Siddharth Shah |
| Industries | Healthcare |
| WIP Number | K6D9-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9600-B1,9A4B-B1 |
Global Diabetes Devices and Services Growth Opportunities
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