Global Diabetes Devices And Drugs Market- Regional Analysis
North America is expected to dominate the global diabetes devices and drugs market over the forecast period with an estimated market share of 38.7% for the year 2023. This market dominance can be attributed to the high concentration of market leaders in the region. Key players like Abbott Laboratories, DexCom, Inc., Eli Lilly and Company, etc. have contributed significantly to the North America diabetes devices and drugs market growth. For instance, in November 2022, Eli Lilly and Company announced the plans for the launch of its Tempo Personalized Diabetes Management Platform in the U.S. The new platform is designed with an aim to assist both adult patients and clinicians make informed decisions backed by data for the management of type 1 or type 2 diabetes.
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