Diabetes Care Devices Market Trends
Rising technological advancements in diabetes care devices are a key driver for the market. These advancements have revolutionized the management and treatment of diabetes, offering patients and healthcare providers innovative tools to monitor glucose levels, administer insulin, and improve overall diabetes care.
- The development of non-invasive diabetes care devices is increasing the popularity of the market. Various companies are focusing on developing devices that are painless, cost-effective, highly accurate and offer reliable results to the diabetic patients.
- For instance, the G7, manufactured by Dexcom, represents their most precise sensor to date. This device is suitable for individuals with type 1, type 2, or gestational diabetes. Notably, the sensor is 60% smaller than its predecessor, the G6. It is typically worn on the upper arm, although children aged 2-6 should wear it on the upper buttocks. The G7 provides real-time glucose data directly to smartphone or smartwatch, eliminating the need for fingerstick tests.
- Moreover, the integration of digital software with diabetes care devices aids in better monitoring and control of blood sugar levels. For instance, in June 2022, LifeScan stated that the data obtained from the Journal of Diabetes Technology and Therapeutics (DTT) offers real-time evidence of a better glucose concentration level in diabetic patients using glucometers with mobile diabetes management application that is connected to bluetooth. Thus, aforementioned factors are propelling the market growth.