India Diabetes Care Market, By Type of Product (Diabetes Drug and Diabetic Devices), By Diabetes Type (Type 1, Type 2 and Gestational Diabetes), By End-User (Hospital, Homeclinic, Homecare) By Region, Competition, Forecast & Opportunities, FY2027

The Indian Diabetes Care Market was valued at USD1530.3 million in value terms in FY2020 and is forecast to grow at CAGR of 7.94% in value terms to reach USD2408.39 million by FY2026. The Indian Diabetes Care Market is witnessing consistent growth, owing to the increasing geriatric population, increasing diabetic population and the adoption of an unhealthy lifestyle leading to obesity that further increases the diabetic population. Moreover, factors such as advancing technology and increasing cost of living are continuously fueling the diabetes care market in India.

The diabetes care market is segmented based on Diabetes type, Product type, End-User, Region, and Company. Based on product type, the market can be split into diabetes drug and diabetes care devices. Among these, the diabetes drug segment is expected to dominate the market during the forecast period owing to their widespread use for all diabetes type. Based on diabetes type, the market can be fragmented into diabetes type 1, diabetes type 2 and gestational diabetes. Here, the most prevalent diabetes type is type 1. Furthermore, the glucose monitoring devices segment is expected to exhibit the highest growth on account of increasing diabetic cases. The self-monitoring devices are still dominating the market because they are relatively easier to use and cheaper.

Novo Nordisk India Private Limited, Sanofi India Limited, Eli Lilly India Pvt. Ltd., Roche Diagnostics India Pvt Ltd., Abbott India Limited, Becton Dickinson Private Limited, Johnson & Johnson Private Limited, India Medtronic Pvt. Ltd., Ypsomed India Private Ltd. and Novartis India Ltd are some of the companies operating in the India diabetes care market.

Years considered for this report:

• Historical Years: FY2016-FY2019
• Base Year: FY2020
• Estimated Year: FY2021
• Forecast Period: FY2022-FY2026

Objective of the Study:

• To analyze the historical growth in the market size of the Indian Diabetes Care Market from FY2016 to FY2020.
• To estimate and forecast the market size of the Indian Diabetes Care Market from FY2021 to FY2026 and growth rate until FY2026.
• To classify and forecast the Indian Diabetes Care Market based on by product type, by diabetes type, by end-use, company and region.
• To identify dominant region or segment in the Indian Diabetes Care Market.
• To identify drivers and challenges for the Indian Diabetes Care Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Diabetes Care Market.
• To conduct pricing analysis for the Indian Diabetes Care Market.
• To identify and analyze the profile of leading players operating in the Indian Diabetes Care Market.
• To identify key sustainable strategies adopted by market players in the Indian Diabetes Care Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of the Indian Diabetes Care Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Manufacturers, distributors and end-users
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers.
• Organizations, forums, and alliances related to diabetes care.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Indian Diabetes Care Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Diabetes Care Market, By Type

• Diabetes Care Devices
• Diabetes Drugs Market

India Diabetes Care Market, By Diabetes Type

• Type 1 Diabetes
• Type 2 Diabetes
• Gestational Diabetes

India Diabetes Care Market, By End-User

• Home Care Settings
• Hospitals
• Clinics

India Diabetes Care Market, By Region

• North
• East
• West
• South

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indian Diabetes Care Market.

Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.