Medtronic plc emerges as the largest company in the diabetes devices market, says tbrc report (companies: medtronic plc, roche holding ag, johnson & johnson, sanofi, becton, dickinson and company)
ABN Newswire is a press release distribution service. On April 11, 2019, it released an article on the diabetes care devices market, sourced from TBRC`S Diabetes care devices market report.The diabetes care devices market consists of sales of diabetes care devices and related services by entities (organizations, sole traders and partnerships) that manufacture diabetes care devices used to monitor blood glucose levels in diabetic patients. Global growth in the diabetes care devices market in the historic period resulted from increasing diabetes prevalence and economic growth. Factors that negatively affected growth in the historic period were lack of awareness, low healthcare access and preference for oral treatment. Going forward, government initiatives and technological development will drive the growth. Factors that could hinder the growth of this market in future are an increasing availability of alternative treatments and government regulations.