Market Share of Canada Diabetes Care Drugs And Devices Industry
Manufacturers have driven constant innovations to compete in the market. The major players, such as Abbott and Medtronic, have undergone many mergers, acquisitions, and partnerships to establish market dominance while also adhering to organic growth strategies, which is evident from the R&D spending of these companies. The manufacturers of insulin delivery devices are spending a massive amount on the R&D of the devices. For example, Novo Nordisk partnered with Abbott Diabetes Care, which may help to enable insulin data to be shared between Novo Nordisk-connected insulin pens and digital health tools compatible with the FreeStyle Libre portfolio of products. Mega Blockbuster Lantus, manufactured by Sanofi, led the basal insulin field.
Canada Diabetes Care Drugs & Devices Market Leaders
Roche
Medtrionic
Sanofi
Novo Nordisk
Omnipod
*Disclaimer: Major Players sorted in no particular order
