Market Insights Health Medical Technology Medical Devices

Diabetes Care Devices - France

France

France is expected to see significant growth in the Diabetes Care Devices market market.
By 2024, the projected revenue in this market is estimated to reach US$0.83bn.
Furthermore, it is anticipated that the market will continue to expand at a compound annual growth rate (CAGR) of 10.11% between 2024 and 2028.
This growth trajectory is expected to result in a market volume of US$1.22bn by 2028.
In comparison to other countries, the United States is projected to generate the highest revenue in the Diabetes Care Devices market market.
In 2024, the revenue the United States is expected to reach a staggering amount of US$11,560.00m.
France has seen a surge in the adoption of advanced diabetes care devices, driven by the country's strong healthcare system and high awareness about the disease.

Key regions: United States, Spain, Germany, Europe, Japan

Market

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Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.