New report shows: Diabetes management app market to grow by an average of 24.5% by 2030

The diabetes management apps market is poised for impressive growth with a projected compound annual growth rate of 24.5% between 2022 and 2030.

InsightAce Analytic Pvt. Ltd. announces the release of a market evaluation report on the “Global Diabetes Management Apps Market – By Subscription Model (Free Subscription Model and Paid Subscription Model), Type of Services (Digital Diabetes Management and Diabetic Weight and Diet Management), Operating System Platform (Android and iOS), Trends, Industry Competitive Analysis, Revenue and Forecast to 2030.”

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According to the latest study by InsightAce Analytic, the global diabetes management apps market is expected to register a compound annual growth rate (CAGR) of 24.5% during the forecast period from 2022 to 2030.

The use of smartphone applications for self-management of chronic diseases has shown promise. The diabetes management application platform solution is used by people with various types of diabetes or prediabetes to monitor and manage their condition. The main cause of this condition is the inability of the pancreas to produce insulin or keep blood sugar levels stable in the body. Diabetes can lead to other health problems such as cardiovascular disease, chronic kidney disease, and even death. To treat diabetes, devices and apps regulate the body's blood sugar levels. The ability of these devices to measure diabetes helps doctors to successfully treat patients and collect and store data.

The key growth factors of the market are the usage of smartphones and tablets, healthcare apps, and the number of diabetics worldwide. Leading market players have used strategies such as new launches, product approvals, and collaborations to maintain their leadership position in the global diabetes management apps market and adapt to the changing healthcare needs.

In contrast, concerns regarding patient privacy and lack of understanding regarding diabetes management apps in underdeveloped countries are limiting the growth of the market. However, emerging markets offer significant growth potential for the global diabetes management apps market. Proliferation of apps in online app stores that can help patients monitor their blood sugar levels, increasing technological advancements and innovations in the field, and a global increase in diabetes prevalence are the major factors driving the diabetes management apps market. Factors such as high cost of the devices, preference for conventional diabetes care systems, and lack of reimbursement in underdeveloped countries are expected to hamper the growth of the diabetes management apps market. Due to limited adoption in emerging markets and growing concerns regarding data security, the diabetes management apps market is expected to face difficulties.

North America is expected to be the largest contributor to the diabetes management apps market during the forecast years. The demand for diabetes management apps is expected to rise owing to the strong North American healthcare sector that offers medical case management services. The prevalence of type 1 diabetes has been steadily increasing in countries across North America, and these individuals need to constantly monitor their insulin and blood sugar levels to maintain the best possible health. Furthermore, the diabetes management apps market in Asia Pacific is expected to grow significantly during the forecast period. The favorable reimbursement policies for patients suffering from chronic diseases such as diabetes, hypertension, and cardiovascular problems are expected to increase the demand for diabetes management apps in Asia Pacific. Factors such as robust supply-side infrastructure, rapid adoption of breakthrough technologies, and reasonable reimbursements are contributing to the growth of the industry.

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Major market players in the diabetes management apps market include One Drop Tactio Health Group, AgaMatrix, MySugr, Medisana, Medtronic, BioTelemetry, Inc., DarioHealth, LifeScan, Welldoc, Glooko, Inc., Fooducate, Diabetes:M, Beat Diabetes, ContourNextOne, Azumio, Sanofi-Aventis, Abbott, Distal Thoughts, BHI Technologies, and Maxwell Software.

Current cooperations and agreements on the market:

• In October 2021, LifeScan, Inc. launched OneTouch Solutions in the United States, a comprehensive digital health service that enables people with diabetes to receive advice and support from renowned physicians.
• In September 2020, Roche Diagnostics (Switzerland) introduced a new component of the RocheDiabetes Care Platform as a remote patient monitoring option that leverages its pattern recognition capabilities.

Market segments

Global Diabetes Management Apps Market Subscription model, 2022–2030 (value in million US dollars)

• Free subscription model
• Paid subscription model

Global Diabetes Management Apps Market Type of service, 2022–2030 (value in million US dollars)

• Digital diabetes management
• Weight and diet management in diabetics

Global Diabetes Management Apps Market Operating system platform, 2022–2030 (value in million US dollars)

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Global Diabetes Management Apps Market Region, 2022–2030 (value in million US dollars)

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

North America Diabetes Management Apps Market country2022-2030 (value in million US dollars)

European diabetes management app market country2022-2030 (value in million US dollars)

• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Diabetes Management Apps Market country2022-2030 (value in million US dollars)

• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin American diabetes management app market country2022-2030 (value in million US dollars)

• Brazil
• Mexico
• Rest of Latin America

Middle East and Africa Diabetes Management Apps Market country2022-2030 (value in million US dollars)

• GCC countries
• South Africa
• Rest of the Middle East and Africa

Why you should access this report:

• To get a comprehensive analysis of the outlook for the global diabetes management apps market
• To get an industry overview and future trends of the Diabetes Management Apps market
• Analysis of market drivers and challenges for diabetes management apps
• To get information about Diabetes Management Apps market value (USD million), forecast to 2030
• Significant investments, mergers and acquisitions in the diabetes management apps market

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