Italy Diabetes Drugs and Devices Market Growth, Size, Trends, Share, Revenue and Future Outlook

Italy Diabetes Drugs and Devices Market Size- By Management Devices, By Monitoring Devices- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Italy Diabetes Drugs and Devices Market Size- By Management Devices, By Monitoring Devices- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Jun 2024 Report ID: MEDE2432 Pages: 1 - 106 Formats*:     
Category : Medical Devices
Italy Diabetes Drugs and Devices Market Introduction and Overview

According to SPER Market Research, the Italy Diabetes Drugs and Devices Market is estimated to reach USD 1.85 billion by 2033 with a CAGR 6.31%.

The report includes an in-depth analysis of the Italy Diabetes Drugs and Devices Market, including market size and trends, product mix, distribution channels, and supplier analysis. The wide subject of diabetes treatment includes medications and equipment designed to regulate blood sugar levels and lessen related problems. Cornerstone medications include metformin, sulfonylureas, and insulin analogs; they all address different facets of glucose management. First-line treatment with metformin improves insulin sensitivity and reduces the liver's synthesis of glucose. Sulfonylureas cause pancreatic beta cells to secrete more insulin. By simulating the natural patterns of insulin production, insulin analogs provide accurate regulation of blood sugar levels.

  • The most innovative insulin delivery device available, the Insulin Pen 2.0TM, was introduced by wearable diabetes technology leader Cequr in June 2022. The pen's compact size allows the user to wear it on their body at all times. In order to help users monitor their blood sugar levels throughout the day, it also has an integrated blood glucose meter.
  • New Roche point-of-care blood glucose monitor for hospital staff was introduced in January 2022. It comes with a companion device that resembles a touchscreen smartphone and is used to run the device's apps. In addition to a camera and a touchscreen for recording additional diagnostic data, the portable Cobas pulse has an automatic glucose test strip reader. All patient types, including those in intensive care and infants, can use it.
Italy Diabetes Drugs and Devices Market
Market Opportunities and Challenges

Opportunities: The rise in diabetes cases and the shift toward an urbanized, sedentary lifestyle are the main factors propelling the growth of the diabetes care devices market. Additionally, the need for quick and safe diagnosis, an increase in diabetes treatments, a growth in the number of people with diabetes worldwide, and technical developments in the field of diabetes devices will drive the diabetic care market throughout the projection period.

Automated glucose monitoring systems known as continuous glucose monitoring devices are made up of a tiny, adhesive patch-attached gadget that can be worn on the body. The sensor portion of the apparatus measures glucose levels by using interstitial fluid samples collected through a cannula placed into the epidermis. A transmitter that may wirelessly transfer data to a smartphone or other specialized mobile receiving device is attached to sensors. Because CGM reduces disruptions and promotes greater sleep, controlling blood glucose levels is made much simpler. By lessening the overall mental strain of controlling diabetes, it also enhances the mental health of patients or caregivers.

Challenges: A significant challenge is the financial strain that diabetes and its consequences place on the healthcare system. Along with the rising costs of treating diabetes-related consequences including neuropathy and cardiovascular diseases, Italy, like many other nations, struggles with the rising costs of managing diabetes, including drugs and devices. Furthermore, the adoption of novel diabetes medications and technologies may be impeded by regulatory barriers and payment regulations, which would restrict patient access to state-of-the-art care.

Italy Diabetes Drugs and Devices Market


Market Competitive Landscape
Companies such as Abbott, Novo Nordisk, Dexcom, Medtronic, and others, along with other generic companies, dominate the semi-consolidated Italian market for diabetes care devices.

Scope of the Report:
 Report Metric Details
 Market size available for years 2020-2033
 Base year considered 2023
 Forecast period 2024-2033
 Segments coveredBy Management Devices, By Monitoring Devices
 Regions covered
Eastern Region, Western Region, Northern Region, Southern Region
 Companies Covered
Abbott Diabetes Care, Arkray Inc., Ascensia Diabetes Care, Dexcom, Insulet Corporation, Eli Lilly, LifeScan Inc., Medtronic, Novo Nordisk A/S, Roche Diabetes Care, Rossmax International Ltd., Sanofi.
COVID-19 Impact on Italy Diabetes Drugs and Devices Market
Italy's diabetic care devices have been severely hit by the COVID-19 outbreak. The epidemic brought to light prospects for advancing and broadening advances in the provision of diabetes care, including the use of diabetes technology and virtual consultations between healthcare professionals and individuals with diabetes. Crisis management has eliminated several long-standing regulatory restrictions and sparked previously unheard-of demand in remote care from both patients and clinicians. Consequently, the COVID-19 pandemic accelerated the expansion of the diabetic care device industry.
 
Key Target Audience:
  • Patients with diabetes
  • Healthcare professionals (doctors, nurses, pharmacists, etc.)
  • Hospitals and clinics
  • Pharmaceutical companies
  • Medical device manufacturers
  • Research institutions and academia
  • Government health agencies
  • Insurance companies
Our in-depth analysis of the Italy Diabetes Drugs and Devices Market includes the following segments:
By Management Devices:
  • Insulin Pump
  • Insulin Syringes
  • Cartridges in Reusable Pens
  • Insulin Disposable Pens
  • Jet Injectors
  • By Monitoring Devices:
  • Self-Monitoring Devices
  • Continuous Glucose Monitoring
  • Key Topics Covered in the Report:
    • Italy Diabetes Drugs and Devices Market Size (FY’2024-FY’2033)
    • Overview of Italy Diabetes Drugs and Devices Market
    • Segmentation of Italy Diabetes Drugs and Devices Market By Management Devices (Insulin Pump, Insulin Syringes, Cartridges in Reusable Pens, Insulin Disposable Pens, Jet Injectors)
    • Segmentation of Italy Diabetes Drugs and Devices Market By Monitoring Devices (Self-Monitoring Devices, Continuous Glucose Monitoring)
    • Expansion Analysis of Italy Diabetes Drugs and Devices Market
    • Problems and Obstacles in Italy Diabetes Drugs and Devices Market
    • Competitive Landscape in the Italy Diabetes Drugs and Devices Market
    • Impact of COVID-19 and Demonetization on Italy Diabetes Drugs and Devices Market
    • Details on Current Investment in Italy Diabetes Drugs and Devices Market
    • Competitive Analysis of Italy Diabetes Drugs and Devices Market
    • Prominent Players in the Italy Diabetes Drugs and Devices Market
    • SWOT Analysis of Italy Diabetes Drugs and Devices Market
    • Italy Diabetes Drugs and Devices Market Future Outlook and Projections (FY’2024-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report 
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Italy Diabetes Drugs and Devices Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Italy Diabetes Drugs and Devices Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Italy Diabetes Drugs and Devices Market 

    7. Italy Diabetes Drugs and Devices Market, By Management Devices (USD Million) 2020-2033
    7.1. Italy Diabetes Drugs and Devices Market Size, Share and Forecast, By Management Devices, 2020-2026 
    7.2. Italy Diabetes Drugs and Devices Market Size, Share and Forecast, By Management Devices, 2027-2033
    7.3. Insulin Pump
    7.3.1. Insulin Pump device
    7.3.2. Insulin Pump Reservoir
    7.3.3. Infusion Set
    7.4. Insulin Syringes   
    7.5. Cartridges in Reusable Pens   
    7.6. Insulin Disposable Pens
    7.7. Jet Injectors

    8. Italy Diabetes Drugs and Devices Market, By Monitoring Devices (USD Million) 2020-2033
    8.1. Italy Diabetes Drugs and Devices Market Size, Share and Forecast, By Monitoring Devices, 2020-2026 
    8.2. Italy Diabetes Drugs and Devices Market Size, Share and Forecast, By Monitoring Devices, 2027-2033
    8.3. Self-Monitoring Devices
    8.3.1. Glucometer Devices  
    8.3.2. Blood Glucose Test Strips
    8.3.3. Lancets
    8.4. Continuous Glucose Monitoring
    8.4.1. Sensors
    8.4.2. Durables

    9. Italy Diabetes Drugs and Devices Market Forecast, 2020-2033 (USD Million)
    9.1. Italy Diabetes Drugs and Devices Market Size and Market Share

    10. Italy Diabetes Drugs and Devices Market, By Region, 2020-2033 (USD Million)
    10.1. Italy Diabetes Drugs and Devices Market Size and Market Share By Region (2020-2026)
    10.2. Italy Diabetes Drugs and Devices Market Size and Market Share By Region (2027-2033)
    10.3. Eastern Region
    10.4. Northern Region
    10.5. Eastern Region
    10.6. Western Region

    11. Company Profile
    11.1. Abbott Diabetes Care
    11.1.1. Company details
    11.1.2. Financial outlook
    11.1.3. Product summary 
    11.1.4. Recent developments
    11.2. Arkray Inc.
    11.2.1. Company details
    11.2.2. Financial outlook
    11.2.3. Product summary 
    11.2.4. Recent developments
    11.3. Ascensia Diabetes Care
    11.3.1. Company details
    11.3.2. Financial outlook
    11.3.3. Product summary 
    11.3.4. Recent developments
    11.4. Dexcom
    11.4.1. Company details
    11.4.2. Financial outlook
    11.4.3. Product summary 
    11.4.4. Recent developments
    11.5. Insulet Corporation
    11.5.1. Company details
    11.5.2. Financial outlook
    11.5.3. Product summary 
    11.5.4. Recent developments
    11.6. Eli Lilly
    11.6.1. Company details
    11.6.2. Financial outlook
    11.6.3. Product summary 
    11.6.4. Recent developments
    11.7. LifeScan Inc.
    11.7.1. Company details
    11.7.2. Financial outlook
    11.7.3. Product summary 
    11.7.4. Recent developments
    11.8. Medtronic
    11.8.1. Company details
    11.8.2. Financial outlook
    11.8.3. Product summary 
    11.8.4. Recent developments
    11.9. Novo Nordisk A/S
    11.9.1. Company details
    11.9.2. Financial outlook
    11.9.3. Product summary 
    11.9.4. Recent developments
    11.10. Roche Diabetes Care
    11.10.1. Company details
    11.10.2. Financial outlook
    11.10.3. Product summary 
    11.10.4. Recent developments
    11.11. Rossmax International Ltd.
    11.11.1. Company details
    11.11.2. Financial outlook
    11.11.3. Product summary 
    11.11.4. Recent developments
    11.12. Sanofi
    11.12.1. Company details
    11.12.2. Financial outlook
    11.12.3. Product summary 
    11.12.4. Recent developments
    11.13. Others

    12. Conclusion

    13. Reference Links

    14. List of Abbreviations

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Italy Diabetes Drugs and Devices Market is projected to reach USD 1.85 billion by 2033, growing at a CAGR of 6.31% during the forecast period.
    Italy Diabetes Drugs and Devices Market grew in Market size from 2022. The Market is expected to reach USD 1.85 billion by 2033, at a CAGR of 6.31% during the forecast period.
    Italy Diabetes Drugs and Devices Market CAGR of 6.31% during the forecast period.
    Italy Diabetes Drugs and Devices Market size is USD 1.85 billion from 2024 to 2033.
    Italy Diabetes Drugs and Devices Market Segment is covered By Management Devices, By Monitoring Devices.
    The Europe is anticipated to have the highest Market share in the Italy Diabetes Drugs and Devices Market.
    The key players in the Market include Companies Covered Abbott Diabetes Care, Arkray Inc., Ascensia Diabetes Care, Dexcom, Insulet Corporation, Eli Lilly, LifeScan Inc., Medtronic, Novo Nordisk A/S, Roche Diabetes Care, Rossmax International Ltd., Sanofi.
    The wide subject of diabetes treatment includes medications and equipment designed to regulate blood sugar levels and lessen related problems.
    Not able to find what you are looking for? Need customization in the existing report?
    Click Here
    PLACE AN ORDER
    • 15% off
       
      $ 2950
    • 20% off
               
      $ 3950
    • 25% off
           
      $ 5150
    Pre-Purchase Inquiry
    SEND AN INQUIRY
    NEED CUSTOMIZATION?
    Request Customization
    CALL OR EMAIL US
    US:
    India:
    Email:
    100% Secure Payment

    SPER American Express
    SPER VISA
    SPER Master Card
    SPER Mestro
    SPER Paypal
    SPER CCAvenues

    Join Our SPER Panel

    Our Global Clients

    Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
    SPER-Astellas Pharma
    SPER-Citi Bank
    SPER-Microsoft
    SPER-EY
    SPER-McKinsey
    SPER-Bain
    SPER-Max-Healthcare
    SPER-DHL
    SPER-SIEMENS
    SPER-IQVIA
    SPER-Pfizer
    SPER-LOREAL
    SPER-Kankar IMRB
    SPER-ITA
    SPER-PWC
    SPER-Sanofi
    SPER-p&g
    SPER-Johnson & Johnson
    SPER-IPSOS
    SPER-Heineken

    SPER

    Market Research

    We are the leading, full-service global market research and consulting company.

    Certificates
    iso-1 iso-1 iso-1 ESOMAR
    Secure Payments
    SPER Payment Options
    Contact HR

     [email protected]

     +91-742-898-5650