Indonesia Diabetes Care Devices Market – Opportunities & Forecast, 2020-2027

 

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including product type and end-user.

Indonesia Diabetes Care Devices Market drivers:

The growing prevalence of diabetes & obesity, coupled with the rapid technological advancements in diabetes care devices, are key drivers surging the growth of Indonesia diabetes care devices. As per IDF, 463 million people across the world have diabetes, out of which 163 million diabetes patients are from the Western Pacific region. Indonesia has total diabetes cases in adults amounting to 10,681,400, and the prevalence of diabetes in adults is 6.2% by the end of 2020. The adoption of modern lifestyle, particularly among the Indonesian middle class and the growing country’s aging population, is boosting the number of diabetes patients, thereby propelling the market growth.

Modern lifestyle relates to a higher amount of calorie intake and sedentary behavior, which in turn, has expanded in the number of people who are spending hours in front of the television. This factor, coupled with limited physical activities, are other factors raising the number of diabetes patients. Additionally, the emergence of the COVID-19 pandemic has positively influenced the market as people now choose to self-monitor their glucose level instead of visiting hospitals or clinics for regular check-ups. This factor has accelerated people to opt for numerous diabetes care devices during the forecast period.

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Indonesia Diabetes Care Devices Market Segmentation:

According to the report published by GMI Research, titled “Indonesia Diabetes Care Devices Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Product Type:

·         Blood Glucose Monitoring Device

·         Insulin Delivery Device

By End-User:

·         Hospitals

·         Homecare Setting

·         Others

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