south-africa-diabetes-devices-market
Published

OCT 2018

South Africa Diabetes Devices Market - Growth, Trends, and Forecasts (2018 - 2023)

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Diabetes, a global health problem increasing worldwide. Africa is the region in the world where diabetes is growing fastest. It is growing faster than the coping capacity. A survey on diabetes in the African region reported that diabetes and other cardiovascular diseases were overtaking HIV/AIDS‚ respiratory infections‚ diarrheal diseases, and malaria as the leading causes of death. With increasing obesity, especially in childhood, and improved longevity, the prevalence of diabetes is expected to dramatically increase more than previously estimated. Therefore, public efforts to introduce healthy lifestyle changes and diabetic prevention programs are necessary to reduce the global epidemic of diabetes.

With the increase in insulin bio similar and due to its affordable price, the insulin usage has increased among the patients who are not able to control the blood glucose levels with the traditional oral drugs. Thus, the use of insulin is rising from time to time.  Technological advancements in the Insulin delivery devices for safer and accurate use of medicines have studied, and these otherwise called as management devices. The management devices include disposable insulin pens, reusable insulin pens, insulin syringes, insulin pumps, and jet injectors.

For these management devices to be used effectively from time to time, there are devices which measure the blood glucose levels accurately, and these are called monitoring devices, which include blood glucose meter and continuous glucose meter.

Globally, Middle East & Africa holds around 3.7% in the overall diabetes device market in 2017 and market size in 2017 was USD 1.2 billion. The South African market size in 2017 was USD 119.32 million.  

               

Key Players:

Abbott, Johnson & Johnson, Sanofi, NovoNordisk, Eli Lilly, Animas Corporation, Becton Dickenson, Arkray, Ascensia Diabetes care, Agamatrix, Life Scan, Cellnovo Ltd., Insulet Corporation, Medtronics, Inc., Ypsomed, and Roche and Tandem Diabetes Care.

Key Developments:

2018: South Africans will be paying more Sugary Tax to curb the high obesity rate.

Report Scope:

Attribute

Details

Base year for estimation

2017

Review Period

2012-2017

Forecast Period

2018 – 2023

Market Representation

Revenue in USD million and CAGR from 2018 – 2023

Regions covered

South Africa

Report coverage

Revenue forecast and market dynamics

Reasons to Purchase this Report:

  • To study current and future market outlook in South Africa Diabetes Devices Market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Detailed analysis of the segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

Report Customization and Benefits:

This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.

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