Italy Diabetes Care Devices Market Insights Forecasts to 2033

• The Italy Diabetes Care Devices Market Size was valued at USD 1.09 Billion in 2023.
• The Market is Growing at a CAGR of 7.13% from 2023 to 2033
• The Italy Diabetes Care Devices Market Size is Expected to Reach USD 2.17 Billion by 2033

The Italy Diabetes Care Devices Market is Anticipated to Reach USD 2.17 Billion by 2033, Growing at a CAGR of 7.13% from 2023 to 2033.

Market Overview

Diabetes care devices are medical devices that help people manage their diabetes. These tools include blood glucose meters, continuous glucose monitors (CGMs), insulin pumps, insulin pens, insulin syringes, and insulin jet injectors. They are used to monitor blood glucose levels, administer insulin, and manage the disease to avoid complications. These devices are important in diabetes management because they help people maintain optimal blood glucose levels and improve their quality of life. Diabetes care devices are medical devices that help people manage their diabetes. These tools include blood glucose meters, continuous glucose monitors (CGMs), insulin pumps, insulin pens, insulin syringes, and insulin jet injectors. They are used to monitor blood glucose levels, administer insulin, and manage the disease to avoid complications. These devices are important in diabetes management because they help people maintain optimal blood glucose levels and improve their quality of life.  Italy includes a well-developed system of diabetes care, with numerous diabetes centers throughout the country and treatment free at the point of delivery.                             

Report Coverage

This research report categorizes for the Italy diabetes care devices market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Italy diabetes care devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Italy diabetes care devices market.

Driving Factors

The Italy diabetes care devices market is expanding rapidly, driven by the rising prevalence of diabetes and the growing adoption of advanced diabetes management technologies and solutions. Diabetes care devices include glucose meters, continuous glucose monitoring (CGM) systems, insulin pumps, insulin pens, and other accessories designed to monitor blood sugar levels, administer insulin, and manage diabetes-related complications. With rising awareness of diabetes management, technological advancements, and healthcare reforms that support diabetes care, the Italy diabetes care devices market is expected to grow further, driven by the needs of diabetic patients, healthcare providers, and insurers looking for effective and efficient diabetes management solutions.

Restraining Factors

The Italy diabetes care devices market is being challenged by the demand for accurate and dependable diabetes care devices that can improve patient care and management.

Market Segmentation

The Italy diabetes care devices market share is classified into management devices and monitoring devices

• The insulin disposable pens segment is expected to hold the largest market share through the forecast period.

The Italy diabetes care devices market is segmented by management devices into insulin pumps, insulin syringes, cartridges in reusable pens, insulin disposable pens, and jet injectors. Among these, the insulin disposable pens segment is expected to hold the largest market share through the forecast period. A disposable insulin pen comes prefilled with insulin. When the pen is empty, it is discarded. Insulin pens are much smaller and more portable than syringes, with the medicine preloaded into the delivery mechanism. The needles are easy to use and can be discarded by twisting or snapping.

• The continuous glucose monitoring segment is expected to dominate the Italy diabetes care devices market during the forecast period.       

Based on the monitoring devices, the Italy diabetes care devices market is divided into self-monitoring blood glucose, and continuous glucose monitoring. Among these, the continuous glucose monitoring segment is expected to dominate the Italy diabetes care devices market during the forecast period. continuous glucose monitoring simplifies blood glucose management by reducing interruptions and allowing for better sleep. It also improves the mental health of patients and caregivers by reducing the overall mental load of diabetes management, which will improve market prospects in the coming years.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Italy diabetes care devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Roche Diabetes Care
• Abbott Diabetes Care
• LifeScan Inc.
• Dexcom
• Medtronic
• Arkray Inc.
• Ascensia Diabetes Care
• Novo Nordisk A/S
• Eli Lilly
• Sanofi
• Insulet Corporation
• Rossmax International Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2022, Roche launched a new point-of-care blood glucose monitor designed for hospital professionals, along with a companion device shaped like a touchscreen smartphone that will run its apps.

Market Segment

This study forecasts revenue at Italy, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Italy diabetes care devices market based on the below-mentioned segments:

Italy Diabetes Care Devices Market, By Management Devices

• Insulin Pump
• Insulin Syringes
• Cartridges in Reusable Pens
• Insulin Disposable Pens
• Jet Injectors

Italy Diabetes Care Devices Market, By Monitoring Devices

• Self-monitoring Blood Glucose
• Continuous Glucose Monitoring