Indonesia Diabetes Care Devices Market

Diabetes refers to a disease that occurs when the blood glucose level in a person’s body is too high. Diabetes care devices are generally used to measure the glucose level in the diabetic patient’s body and aid the delivery of insulin into the patient’s body. There are basically two types of diabetes care devices: blood glucose monitoring device and insulin delivery device. The regular monitoring of diabetes helps in improving the outcomes and adjusting treatment in real-time. These devices are widely used in hospitals, clinics, and other clinical centers.

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Some of the major factors that are propelling the growth of Indonesia diabetes care devices include the increasing prevalence of diabetes & obesity, along with the continuous technological advancements in diabetes care devices. According to IDF, 463 million people in the world have diabetes, out of which 163 million diabetes patients are from the Western Pacific region. Indonesia has total cases of diabetes in adults amounting to 10,681,400, and the prevalence of diabetes in adults is 6.2% in 2020. The adoption of modern lifestyle, especially among the Indonesian middle class and the rising country’s aging population, are the significant factors that are surging the number of diabetes patients, thus boosting the market growth. Modern lifestyle corresponds to a higher amount of calorie intake and sedentary behavior, which in turn, has increased in the number of people who are spending hours in front of the television. This factor, along with the lack of physical activities, are the two major factors that have resulted in an increased number of diabetes patients. In addition to this, the outbreak of the COVID-19 pandemic has positively impacted the market as people now prefer to self-monitor their glucose level rather than visiting hospitals or clinics to regular check-ups. This factor has encouraged people to opt for various diabetes care devices in the coming years.

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On the basis of product type, the insulin delivery devices segment is expected to grow at a higher CAGR during the forecast period. This is mainly due to the increasing adoption of insulin delivery devices among healthcare professionals and patients as they offer various exceptional benefits such as high stability and numerous technological advanced properties. On the other hand, the blood glucose monitoring devices segment is projected to lead the market during the forecast period. This is attributed to the strong demand for advanced diabetes care devices as it offers accurate measurement of the glucose level and gives a warning if the glucose level goes too high or too high.

Based on End-user, the home care settings segment is projected to dominate the market during the forecast period. This is mainly due to its user-friendly feature and affordable price range. Individuals have significantly shifted towards the usage of diabetes care devices at home rather than going to clinics or healthcare centers for regular health check-ups. Furthermore, the continuous technological advancement in these devices and the rising number of R&D activities to make the devices more user-friendly will further open new opportunities for the growth of the segment.

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The Indonesia Diabetes Care Devices market has been segmented on the basis of product type, end-user. Based on the product type, the market is segmented into blood glucose monitoring device and insulin delivery device. Based on the end-user, the market is segmented into homecare settings, hospitals, and others. The other segment is further segmented into clinics and ambulatory surgical centers.

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Key questions answered in this research report:

• • At what pace is Indonesia Diabetes Care Devices market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Indonesia Diabetes Care Devices market? What will be the impact of drivers and restraints in the future?
  • Which product type generated maximum revenues in 2019 and identify the most promising product types during the forecast period?
  • What are the various end user areas of Indonesia Diabetes Care Devices market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Indonesia Diabetes Care Devices market by Product Type

• • Blood Glucose Monitoring Device
  • Insulin Delivery Device

Indonesia Diabetes Care Devices market by End-User

• • Hospitals
  • Homecare Setting
  • Others