Diabetes Devices and Drugs Market, By Category (Diagnosis and Monitoring, Therapeutics), By Disease Type (Type 2 Diabetes, Type 1 Diabetes), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Diabetes Devices And Drugs Market is estimated to be valued at USD 191.66 Bn in 2025 and is expected to reach USD 373.49 Bn by 2032, growing at a compound annual growth rate (CAGR) of 10.0% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 191.66 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
10.00%
2032 Value Projection:
USD 373.49 Bn
Diabetes devices and drugs refer to the tools and medications specifically designed to help individuals manage and treat diabetes, a chronic metabolic disorder characterized by high blood sugar levels. These devices and drugs play a crucial role in monitoring blood glucose levels, delivering insulin, and controlling the symptoms and complications associated with diabetes. Glucose meters, continuous glucose monitoring systems, insulin pumps, insulin pens, etc. are a few examples of devices that aid the management of diabetes. Whereas, drugs include insulin, metformin, sulfonylureas, amylin analogues, etc. These devices and drugs are essential for individuals with diabetes to monitor their blood sugar levels, administer insulin, and manage the condition effectively, thereby reducing the risk of complications and promoting overall well-being.
Market Dynamics
The global prevalence of diabetes has been rising steadily primarily driven by the factors such as sedentary lifestyles, unhealthy dietary habits, and increasing obesity rates. This surge in the diabetic population has created a substantial demand for effective devices and drugs to monitor and treat the condition. In terms of devices, continuous glucose monitoring systems have gained significant popularity. For instance, in March 2022, DexCom, Inc., the global leader in real-time continuous glucose monitoring for people with diabetes, announced that the Dexcom G7 Continuous Glucose Monitoring (CGM) System received CE Mark (Conformite Europeenne) for people with diabetes in Europe aged 2 and above, including pregnant women.
The market for diabetes drugs has also witnessed remarkable advancements. Traditional treatments, such as oral antidiabetic drugs and insulin injections, continue to dominate the market. However, there has been a growing emphasis on the development of novel drugs, including incretin-based therapies, Sodium-glucose Cotransporter-2 (SGLT-2) inhibitors, and (Glucagon-like Peptide-1) GLP-1 receptor agonists. These innovative medications offer improved efficacy and reduced side effects, and enhanced convenience for patients.
Key features of the study
This report provides an in-depth analysis of the global diabetes devices and drugs market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global diabetes devices and drugs market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Abbott Laboratories, Bristol-Myers Squibb, DexCom, Inc., Eli Lilly and Company, Companion Medical, GlaxoSmithKline plc, Glenmark Pharmaceuticals, Johnson & Johnson, Lupin Ltd., F. Hoffmann-La Roche AG, DreaMed Diabetes, Hua Medicine and Sanofi.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global diabetes devices and drugs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global diabetes devices and drugs market
Market Segmentation
Global Diabetes Devices and Drugs Market, By Category
Diagnosis and Monitoring
Blood Glucose Monitoring Devices
Software Programs for Diabetes Monitoring
Artificial Pancreas
Other Testing Devices
Therapeutics
Insulin
Insulin Delivery
Oral Hypoglycemic Agents
Cell Therapies
Global Diabetes Devices and Drugs Market, By Disease Type
Type 2 Diabetes
Type 1 Diabetes
Global Diabetes Devices and Drugs Market, By Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC
Israel
Rest of Middle East
Africa
South Africa
Central Africa
North Africa
Company Profiles
Abbott Laboratories
Bristol-Myers Squibb
DexCom
Eli Lilly and Company
Companion Medical
GlaxoSmithKline plc
Glenmark Pharmaceuticals
Johnson & Johnson
Lupin Ltd.
F.Hoffmann-La Roche AG
DreaMed Diabetes
Hua Medicine
Sanofi
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Overview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Category
Market Snapshot, By Disease Type
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
Pipeline Analysis
4. Global Diabetes Devices and Drugs Market, By Category, 2020 - 2032, (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Diagnosis and Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Segment Trends
Blood Glucose Monitoring Devices
Software Programs for Diabetes Monitoring
Artificial Pancreas
Other Testing Devices
Therapeutics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Segment Trends
Insulin
Insulin Delivery
Oral Hypoglycemic Agents
Cell Therapies
5. Global Diabetes Devices and Drugs Market, By Disease Type, 2020 - 2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Type 2 Diabetes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Billion)
Type 1 Diabetes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Billion)
6. Global Diabetes Devices and Drugs Market, By Region, 2020 - 2032, (US$ Billion)
Overview
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Regions, 2021-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Category, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Billion)
U.S.
Canada
Latin America
Introduction
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Category, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Billion)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Category, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Billion)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Category, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Billion)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Category, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Billion)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Category, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2020 - 2032, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Billion)