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Artificial Intelligence In Diabetes Management Market Size, Share, Trends And Global Forecast 2023-2032 | Alphabet Inc., F. Hoffmann-La Roche AG, Abbott Laboratories, Medtronic Plc, Dexcom Inc.
Artificial Intelligence In Diabetes Management Market Report
The Business Research Company's Artificial Intelligence In Diabetes Management Global Market Report 2023 identifies rising prevalence of diabetes as the major driver for the artificial intelligence in diabetes management market's growth in the forecast period. The rising prevalence of diabetes is expected to propel artificial intelligence in the diabetes management market going forward. Diabetes occurs when the blood glucose, or blood sugar, is too high. Diabetes is a condition that causes various conditions such as eye problems, heart attacks and strokes, kidney problems, and others. Artificial intelligence is used to manage diabetes as it provides information about high or low blood sugar levels in a diabetic patient and collects data that has not been used previously.
The global artificial intelligence (AI) in diabetes management market is expected to grow from $0.36 billion in 2022 to $0.48 billion in 2023 at a compound annual growth rate (CAGR) of 31.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence (AI) in diabetes management market is expected to reach $1.42 billion in 2027, at a CAGR of 31.4%.
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Major competitors in the artificial intelligence in diabetes management market are Alphabet Inc., F. Hoffmann-La Roche AG, Abbott Laboratories, Medtronic Plc, Dexcom Inc.,
A key trend in the artificial intelligence in diabetes management market includes technological advancement. Major companies operating in the artificial intelligence in diabetes management market are focused on innovating new and advanced technological solutions to sustain their position in the market. For instance, in October 2022, Dr. Mohan's Diabetes Specialties Center, an India-based diabetes specialty hospital chain, launched an innovative artificial intelligence-enabled platform for precision diabetes care with the 3D Initiative. The first of the three Ds is DIA, an AI-powered chatbot that can help individuals through pre-recorded digital interactions. The second is DIALA, a user-friendly smartphone app for patients; the last is DIANA, a medical app for precise diabetic care. According to the company, it is supported by the most advanced Total Experience (TX) Automation Platform, which powers an AI-enabled virtual assistant that interacts with patients on platforms like Facebook Messenger, WhatsApp, Google Business Message, and the web.
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The artificial intelligence in diabetes management market is segmented -
•By Device: Diagnostic Devices, Glucose Monitoring Devices, Insulin Delivery Devices, Other Devices
•By Techniques: Case-Based Reasoning, Intelligent Data Analysis
•By End-Use: Hospitals, Clinics, Home Care Settings, Research Institutes
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the artificial intelligence in diabetes management market.
The Business Research Company's "Global Artificial Intelligence In Diabetes Management Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence In Diabetes Management Market Include:
1. Executive Summary
2. Artificial Intelligence in Diabetes Management Market Characteristics
3. Artificial Intelligence in Diabetes Management Market Trends And Strategies
4. Artificial Intelligence in Diabetes Management Market - Macro Economic Scenario
5. Global Artificial Intelligence in Diabetes Management Market Size and Growth
……
32. Global Artificial Intelligence in Diabetes Management Market Competitive Benchmarking
33. Global Artificial Intelligence in Diabetes Management Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence in Diabetes Management Market
35. Artificial Intelligence in Diabetes Management Market Future Outlook and Potential Analysis
36. Appendix
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