Germany Diabetes Market

Germany Diabetes Market Exceeds US$ 21.50 Billion in 2022: Insights from Renub Research

Renub Research has recently published a report titled “Germany Diabetes Market, Size, Forecast 2023-2028, By SMBG Device, Continuous Glucose Monitoring (CGM), Insulin Pen, Insulin Pump, and Company Analysis” providing a comprehensive analysis of the industry that includes market share insights. In addition, the report comprises competitor and regional research and contemporary extension in the Germany Diabetes Market. Germany Diabetes Market was more than US$ 21.50 Billion in 2022.Germany diabetes industry is a dynamic and rapidly growing sector at the forefront of diabetes care and research.

With a high prevalence of diabetes in the country, estimated at over 7 million individuals, the industry is focused on providing innovative solutions for diabetes management, treatment, and prevention. Innovation plays a vital role in the German diabetes industry, with a focus on developing cutting-edge medications, insulin delivery systems, glucose monitoring devices, and digital health solutions. The integration of technology, such as wearable devices, smartphone applications, and telemedicine, has revolutionized diabetes management and improved patient outcomes. Germany Diabetes Market is projected to achieve by 2028, Attributed to the development, and patient-centric approaches helps drive advancements in diabetes treatment, monitoring.

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Germany boasts a robust healthcare system, advanced medical infrastructure, and a strong emphasis on research and development. The industry encompasses various stakeholders, including pharmaceutical companies, medical device manufacturers, healthcare providers, research institutions, and patient advocacy groups. Germany collaborative approach between academia, industry, and healthcare providers fosters advancements in diabetes research, clinical trials, and treatment protocols. The country’s commitment to continuous education, patient empowerment, and preventive measures further strengthens the diabetes industry’s growth and contributes to better diabetes care nationwide.

Increasing prevalence of Type-2 diabetes can be attributed to the adoption of unhealthy lifestyles

The rise in Type-2 diabetes prevalence can be directly linked to the adoption of unhealthy lifestyles. Factors such as sedentary behavior, poor dietary choices, excessive sugar consumption, and a lack of physical activity contribute to the development of this chronic condition. Unhealthy lifestyle habits, including smoking, excessive alcohol consumption, and inadequate sleep patterns, further exacerbate the risk of Type-2 diabetes. These lifestyle choices have become more prevalent in modern society, leading to an alarming increase in the number of individuals affected by Type-2 diabetes. Addressing and promoting healthier lifestyle habits, including regular exercise, a balanced diet, and stress management, are crucial in curbing the growing burden of Type-2 diabetes and improving overall health outcomes.

Growing number of diabetic patients in Germany will result in an increased demand for Insulin pens

As the diabetic population continues to grow in Germany, there is a corresponding surge in the demand for Insulin pens. These compact and convenient devices have become increasingly popular among individuals with diabetes due to their ease of use, portability, and precise dosage delivery. Insulin pens offer a discreet and user-friendly alternative to traditional syringes, providing diabetic patients with greater convenience and flexibility in managing their insulin therapy. With the rising prevalence of diabetes in Germany, the demand for Insulin pens is expected to rise steadily, driving advancements in pen technologies and encouraging pharmaceutical companies to expand their production and distribution to meet the growing needs of diabetic individuals in the country.

Germany diabetes industry is witnessing significant support and encouragement through government initiatives

Government initiatives in Germany are providing substantial support and encouragement to the diabetes industry. Recognizing the growing burden of diabetes, the government has implemented various programs to address prevention, education, and treatment of the disease. These initiatives focus on raising awareness, promoting healthy lifestyles, and improving access to diabetes management resources. The government also invests in research and development, fostering innovation in diabetes care and treatment. Through collaborations with healthcare professionals, industry stakeholders, and patient advocacy groups, these government initiatives aim to enhance diabetes prevention and management strategies, ultimately improving the quality of life for individuals living with diabetes in Germany.

Competitive landscape:

Germany’s diabetes industry comprises several prominent companies, including B. Braun Melsungen AG, Eli Lilly and Company, Terumo Corporation, Becton, Dickinson (BD), Novo Nordisk, Ypsomed AG, Medtronic, Insulet Corporation, Abbott Laboratories, DarioHealth Corp, Dexcom, Inc, Roche Diagnostics, and Tandem Diabetes Care. These companies play a crucial role in advancing diabetes care and management through their innovative products and solutions. From insulin delivery systems to glucose monitoring devices, diagnostic tools, and digital health technologies, these companies contribute to improving the lives of individuals living with diabetes in Germany.

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Germany Diabetes Market Projected to Experience a CAGR of 5.92% from 2022 to 2028: Market Analysis and Outlook

According to Renub Research’s latest report, “Germany Diabetes Market, Size, Forecast 2023-2028, by SMBG Device, Continuous Glucose Monitoring (CGM), Insulin Pen, Insulin Pump, and Company Analysis” the Germany Diabetes Market to grow with a CAGR of 5.92% from 2022 to 2028. In Germany, around seven million people live with diabetes. Diabetes is a severe disease that represents a significant public health challenge in Germany and globally. Moreover, the growing difficulties, aging population, family history, unhealthy meals, physical inactivity, and environmental factors will significantly contribute to Germany’s Diabetes Market.

Germany provides better quality treatment for diabetic complications. German doctors have succeeded in treating both type 1 and type 2 diabetes; therefore, people from all over the world come to this European country to receive the best medical care. Germany had the second highest of deaths related to diabetes, with around 151.5 thousand in 2021.

Due to an Unhealthy lifestyle, the Prevalence of Type-2 diabetes is to Increase

The increasing popularity of type 2 diabetes in the German adult population is very high and growing yearly, along with an increased number of patients not yet diagnosed with the disease. Due to an aging population, smoking, obesity, and lack of physical activity, the prevalence of type 2 diabetes is rapidly increasing. High-quality care, including adequate monitoring, control of risk factors, and active self-management, is critical for averting complications in German patients with type 2 diabetes. In addition, Incidence rates of T1D are also rising, contributing to the growth in diabetes prevalence.

A range of validated, Germany-specific advice to mark sub-optimal T2D therapy adherence and persistence are put forth for action by government stakeholders, payers, and healthcare administrators, among other organizations, and focus on three broad phases of a patient journey toward optimal adherence and persistence especially designed to improve T2D therapy adherence and industry in the German population, decreasing high and avoidable economic and societal costs and improving the quality of life for people with the condition. However, the concerned individuals behave inadequately with the hormone insulin, which conducts in elevated blood glucose levels. This can cause strokes, heart attacks, retinal damage, kidney damage, and neuropathy.

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Increasing Diabetic Patients will create more demand for Insulin Pen in Germany

Germany is an advanced country in terms of healthcare facilities. Technologies, such as Insulin Pens, continuous glucose monitoring, and insulin infusion pumps, are getting more rapidly adopted in Germany than the other developing countries. Moreover, reimbursement and pricing policies are strictly regulated, which drives the market and increases the acquiring rate of new and cutting-edge technologies. The launch of products increasing international research collaborations in technology advancement, and increasing awareness about diabetes among people are some market opportunities for the players in the German diabetes care device market.

Moreover due to the increasing demand for insulin cartridges, most insulin pen device manufacturers have produced reusable insulin pens compatible with various insulin manufacturers’ cartridges. These insulin cartridges are more socially friendly, more minor, less noticeable than the classic vial-and-syringe, and more portable for consumers to use. Therefore, using cartridges is the most low-cost way to utilize insulin, as reusable pens are a one-time investment.

In July 2021, “ESYSTA App & Portal – Digital Diabetes Management” (Emperra GmbH E-Health Technologies, Germany) was inaugurated in Germany. The app is expanded for patients with diabetes treated with insulin. By automatically importing data from blood glucose meters and insulin pens into a diary, ESYSTA allows the monitoring of blood glucose levels and therapy.

Government Initiatives

Germany is one of the few countries in Europe with a dedicated insurance system for long-term care. Although long-term care insurance has structurally been closely linked to social health insurance and health authorities, health and social services delivery have remained fragmented and less coordinated than expected. The discourse on integrated care has focused primarily on coordination within the health system, such as in managed care and disease management Digital healthcare act passed by the German government allows doctors to prescribe apps. German law planned to cap out-of-pocket healthcare costs and to cover all medically necessary treatment, including insulin drugs, for the public. As a result, German diabetes patients have some of the lowest out-of-pocket expenses in the world.

The German Centre for Diabetes Research (DZD) is a national association that lead together specialist active of diabetes research and cooperate basic research, translational research, epidemiology, and medical applications which focus on all aspects of translational research is strengthened by a dedicated training program for early-career scientists and clinicians in the diabetes field, which the DZD organizes.

Competitive Landscape:

German Diabetes companies include B. Braun Melsungen AG, Eli Lilly and Company, Terumo Corporation, Becton, Dickinson (BD), Novo Nordisk, Ypsomed AG, Medtronic, Insulet Corporation, Abbott Laboratories, DarioHealth Crop, Dexcom, Inc, Roche Diagnostic, Tandem Diabetes Care.

In April 2022, CamDiab, Abbott, and Ypsomed partnered to grow and integrated automated insulin delivery (AID) system, which helps to decrease the burden of people with diabetes. The main focus of this partnership will be on European countries.

Market Summary:-

By Devices: – The Report covers the Germany Diabetes Market by devices from 4 viewpoints.CGM (Glucose Sensor Market & Forecast, CGM Transmitter Market & Forecast, CGM User, and CGM Reimbursement), SMBG (Test Strips Market and Forecast, Lancet Market and Forecast, Meter Market and Forecast, Blood Glucose (SMBG) Users and Blood Glucose Devices Reimbursement), Insulin Pen(Disposable Insulin Pen, Reusable Insulin Pen, Smart Insulin Pen, Insulin Pen Needle Market, Insulin Pen Users and Reimbursement Policies), and Insulin Pump (Insulin Pump Market, Insulin Pump User, Insulin Pump Products, and Reimbursement Policies)respectively.
The company report covers the Germany Diabetes Market from Three viewpoints.

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Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

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