Diabetes care devices are generally used to measure the glucose level in the diabetic patient’s body and aid the delivery of insulin into the patient’s body. There are basically two types of diabetes care devices: blood glucose monitoring device and insulin delivery device. The regular monitoring of diabetes helps in improving the outcomes and adjusting treatment in real-time. These devices are widely used in hospitals, clinics, and other clinical centers.

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The Saudi Arabia Diabetes Care Devices market is becoming more mainstream thanks to the growing awareness related to diabetes treatment and management, followed by the rising government focus on improving the healthcare sector. According to the IDF, 463 million people have diabetes in the world, out of which 55 million people in the MEAN region have diabetes. This number is predicted to increase and reach 108 million by the end of 2045. The prevalence of diabetes in adults is 18.3%, while the total cases of diabetes in adults amounted to 4,275,200. Apart from the genetic basis of diabetes, the changing lifestyle due to the rising disposable income and urbanization is further driving the growth of the market in the coming years. There has been a drop in activity and unhealthy dietary habits, which have led to an increase in the number of lifestyle diseases. Health professionals and researchers are considering diabetes as the greatest epidemic in human history.

Continuous technological advancements in the field of diabetes devices, followed by the increasing consumption of junk food, are the two significant factors that are contributing to the growth of the market. Moreover, the growing requirement for faster and safer diagnosis and treatment of diabetes is further propelling the market growth. In addition to this, the availability of reimbursement policies and insurance is creating new growth opportunities for the market. On the other hand, the adverse effect related to some of the diabetes care devices is a major factor that is hindering the market growth.

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Based on product type, the blood glucose monitoring device segment is anticipated to dominate the market during the forecast period. This is attributed to the strong demand for advanced diabetes care devices in Saudi Arabia. The glucose monitoring devices offer accurate measurement of glucose level and give a warning in case the glucose level is too low or too high. On the other edge, the insulin delivery devices segment is predicted to grow at a faster CAGR during the forecast period. The increasing adoption of these devices, especially among healthcare professionals and patients, is one of the major factors that is driving the growth of the segment.

On the basis of end-users, the home care settings segment is expected to increase at a higher CAGR in the next six years. The diabetes care devices are increasingly used by diabetes patients at their homes as it is user-friendly and easily available at an affordable price range. With the outbreak of the COVID-19, people now prefer to monitor their glucose level at their homes rather than visiting clinics or hospitals for regular monitoring of their glucose level. This factor will have a positive impact on the growing demand for the segment in the market.

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The Saudi Arabia Diabetes Care Devices market has been segmented on the basis of product type, end-user. Based on the product type, the market is segmented into blood glucose monitoring device and insulin delivery device. Based on the end-user, the market is segmented into homecare settings, hospitals, and others. The other segment is further segmented into clinics and ambulatory surgical centers.

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Key questions answered in this research report:

• • At what pace is Saudi Arabia Diabetes Care Devices market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Saudi Arabia Diabetes Care Devices market? What will be the impact of drivers and restraints in the future?
  • Which product type generated maximum revenues in 2019 and identify the most promising product types during the forecast period?
  • What are the various end user areas of Saudi Arabia Diabetes Care Devices market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product Type, By End User
Regional Coverage	Saudi Arabia
Companies Profiled	Profiles of Top 10 Major Companies Operating in “Saudi Arabia Diabetes Care Devices Market”
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Saudi Arabia Diabetes Care Devices market by Product Type

• • Blood Glucose Monitoring Device
  • Insulin Delivery Device

Saudi Arabia Diabetes Care Devices market by End-User

• • Hospitals
  • Homecare Setting
  • Others