Private Equity
Andrea Alms Video: Money In Motion 111 - Diabetes Drug Market
June 2024 - Private Equity
TRANSCRIPT Hello, my name is Andrea Alms. I am a technology investor and financial manager and this is your money in motion. What is it? Looking at the digital diabetes ecosystem as it exists today, the market can be divided into seven segments, namely connected devices, manufacturers, app service providers, data management, Service Providers, HCP solution providers, ecosystem providers or digital integrators and other service providers.
A snapshot of the industry landscape is here, along with some key players at GMR. The digital diabetes market was 18.9 billion USD in 2022, and forecast to be 117.5 billion by 2032, at a compound average growth rate of 20%. At precedence research, the market size was 19.01 billion in 2021 and estimated to be 90 billion by 2030, at 18.85% growth rate.
At Insight Ace, the market was 18.11 billion in 2023, forecast to be 49.48 billion by 2031 at 13.58% compound average growth rate. Averaging the averages, the market is 18.7 billion and a 17.5% growth rate. Thank you. This is your money. Your money in motion.