Market Size of France Diabetes Devices Industry
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.30 Billion |
| Market Size (2029) | USD 1.79 Billion |
| CAGR (2024 - 2029) | 6.58 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Diabetes Devices Market Analysis
The France Diabetes Devices Market size is estimated at USD 1.30 billion in 2024, and is expected to reach USD 1.79 billion by 2029, growing at a CAGR of 6.58% during the forecast period (2024-2029).
In France, the prevalence of treated diabetes has been estimated at 4.6%, or more than 3 million people, and 5.2% in Northern France. The healthcare need for the treatment and management of diabetes is the main focus of the diabetes market. In France, the diabetes market is divided into self-monitoring of blood glucose (SBMG), continuous glucose monitoring (CGM), and insulin pumps. A survey conducted by the EU Commission revealed that one in 10 people in France has diabetes.
However, France does not have the highest diabetes prevalence rate in Europe. In 2022, Germany had the highest percentage of adults living with diabetes at 15.4%. Portugal followed with the second-highest rate at 14.6%. On the other hand, Ireland had the lowest diabetes rate in Europe at 4.5%. Still, nearly a million people are diagnosed with diabetes in France, according to the World Health Organization (WHO). And diabetes has the highest prevalence among all chronic conditions in France.
Diabetes has the highest prevalence among all chronic conditions covered 100% by France's statutory health insurance (SHI), and the number of covered patients has doubled in the past 10 years. France is one of the major countries in the Europe region.
According to the World Health Organization (WHO), about a million are diagnosed with diabetes in France. The prevalence of diabetes is growing among all ages in France, which can be attributed to the growing obese population, along with unhealthy diets and sedentary lifestyles of people.
Furthermore, approximately 0.26 million are estimated to live with Type 1 diabetes in the region. Thus, the rising prevalence of diabetes and obesity, growing awareness, regarding diabetic care, healthcare expenditure, and technological advancements are a few factors that are further driving the market for diabetes care devices in France.
In France, there is a centralized health care system their all the reimbursement decisions are taken at a national level and then applies to all of the countries. For diabetes technological devices in France, the reimbursement is based on the tariff system.
