The report, "Diabetes Care Devices Market by Type (SMBG, CGMS, Lancets, Insulin Pumps, Insulin Pens, Insulin Syringes, Mobile Apps), Patient Care Settings (Hospitals & Specialty Clinics, Self & Home Care), and Country (Brazil, Russia, India, China) - Forecast to 2025", size is projected to reach USD 4.3 billion by 2025 from USD 1.7 billion in 2020, at a CAGR of 16.2% during the forecast period. Factors such as the increasing diabetic population, rising awareness of diabetes treatment and management, and favorable national health strategies are expected to drive the growth of the diabetes care devices (BRIC) market.

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64 market data Tables
42 Figures
168 Pages and in-depth TOC on "Diabetes Care Devices Market - Global Forecast to 2025"
Some of the prominent key players are:
Medtronic plc (Ireland),
B. Braun (Germany),
DexCom, Inc. (US),
Abbott (US),
F. Hoffman-La Roche Ltd. (Switzerland),
Ascensia Diabetes Care Holdings AS (Switzerland),
LifeScan (US),
AgaMatrix Holdings LLC (US),
Acon Laboratories, Inc. (US) and many more......
Based on type, the blood glucose monitoring systems segment is estimated to dominate the diabetes care devices (BRIC) market in 2020

Based on type, the diabetes care devices (BRIC) market has been segmented into blood glucose monitoring systems, insulin delivery devices, and diabetes management mobile applications. Under the blood glucose monitoring systems segment, the test strips segment is estimated to account for the largest share in 2020. The dominance of this segment can be attributed to the frequent requirement of test strips in blood glucose monitoring systems.

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China to hold the largest share in the market in 2020, followed by India

China is projected to hold the largest share in the diabetes care devices (BRIC) market during the forecast period. This can be attributed to the sharp increase in diabetes in the country, favorable national health strategies, and government-led endorsements of medical device companies.

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