Asia Pacific Diabetes Care Devices Market size to cross USD 39 Billion by 2034

Published Date: January 1970

Selbyville, DE. - Asia Pacific diabetes care devices market was estimated at USD 12.2 billion in 2024 and is expected to grow from USD 13.5 billion in 2025 to USD 39 billion by 2034, at a CAGR of 12.5%, according to the latest report published by Global Market Insights Inc.

Asia Pacific region is experiencing a significant rise in diabetes, making it one of the most affected regions globally. Factors such as rapid urbanization, sedentary work environments, and increased consumption of high-calorie processed foods have contributed to the growing number of individuals diagnosed with both Type 1 and Type 2 diabetes.

Key Insights:

Market Size & Growth:

  • 2024 Market Size: USD 12.2 billion
  • 2025 Market Size: USD 13.5 billion
  • 2034 Forecast Market Size: USD 39 billion
  • CAGR (2025–2034): 12.5%

Regional Insights:

  • Largest Market: China
  • Fastest Growing Market: India
  • Emerging Countries: Japan, South Korea, Australia

 

Key Growth Drivers:

  1. Increasing health awareness and screening programs: Governments and healthcare organizations are actively promoting early diagnosis and regular monitoring,
  2. Technological advancements in monitoring and insulin delivery: Innovations like smartphone-integrated glucose meters, wearable CGMs, and smart insulin pens are enhancing accuracy, convenience, and patient compliance across diverse user groups.
  3. Expanding access to healthcare in emerging economies: Improved healthcare infrastructure, rising income levels, and urbanization in countries like India, China, and Indonesia are making diabetes care products more accessible to larger populations.
  4. Favorable government initiatives and reimbursement policies: Supportive national health programs, subsidies for essential diabetes devices, and inclusion in public healthcare systems are boosting market growth across key economies.
  5. Growing demand for home-based diabetes management: Post-pandemic shifts toward self-care and remote health monitoring have accelerated the adoption of user-friendly, at-home devices, allowing better long-term diabetes control.

Key Players:

  • Abbott Laboratories led the market with over 28% share in 2024.
  • Some of the top players in this market include Novo Nordisk, Ascensia Diabetes Care Holdings, Medtronic, F. Hoffmann-La Roche, and Abbott Laboratories, which together held a 48% share in 2024.

Key Challenges:

  1. High cost of advanced devices: Many advanced diabetes care devices, like continuous glucose monitors (CGMs) and insulin pumps, remain expensive, limiting affordability for large segments of the population in developing countries.
  2.  
  3. Limited healthcare access in rural areas: A significant portion of the population in Asia Pacific still resides in rural or semi-urban areas, where access to specialized diabetes care and devices is limited due to weak healthcare infrastructure.
  4. Lack of awareness and education: Many individuals with diabetes remain undiagnosed or poorly managed due to low awareness of the disease and limited understanding of the importance of regular monitoring and device usage.
  5. Fragmented reimbursement policies: Inconsistent or inadequate insurance and reimbursement coverage across different countries restricts the adoption of high-cost devices, especially among middle- and low-income groups.
  6. Regulatory and compliance hurdles: Varying regulatory frameworks across countries in the region can create barriers to market entry, delay product approvals, and increase compliance costs for manufacturers.

Browse key industry insights spread across 100 pages with 45 market data tables and figures from the report, Asia Pacific Diabetes Care Devices Market - By Product, By End Use - Forecast, 2025 - 2034 in detail, along with the table of contents:

https://www.gminsights.com/industry-analysis/asia-pacific-diabetes-care-devices-market

Rising Adoption of Devices

The devices segment held a notable share in 2024, encompassing a wide range of products such as blood glucose monitors, insulin delivery systems, lancets, and continuous glucose monitors (CGMs). As diabetes rates climb across the region, demand for reliable, easy-to-use devices is accelerating across both urban and rural populations. Manufacturers are focusing on integrated systems that offer automated insulin dosing, Bluetooth connectivity, and app-based health tracking to improve patient adherence and outcomes.

Homecare to Gain Traction

The homecare segment generated significant revenues in 2024 as the region prefers to manage diabetes from the comfort of their homes. With the rising cost of clinical visits and growing emphasis on self-care, home-use devices like glucometers, insulin pens, and wearable CGMs are seeing strong adoption. Companies are prioritizing device portability, ease of use, and real-time connectivity in their product development strategies.

China to Emerge as a Lucrative Region

China diabetes care devices held a notable share in 2024, driven by a massive diabetic population exceeding 140 million and increasing health consciousness among middle-income consumers. Chinese consumers are also becoming more receptive to wearable and connected devices that support long-term disease management. To strengthen their foothold, leading companies are localizing product offerings, forming joint ventures with Chinese healthcare firms, and navigating regulatory pathways to secure early market access.

Major players in the Asia Pacific diabetes care devices market are Sinocare, Eli Lilly and Company, Nova Biomedical, Bionime, Novo Nordisk, B. Braun Melsungen, Sanofi, Platinum Equity Advisors, Medtronic, Abbott Laboratories, ARKRAY, Ascensia Diabetes Care, F. Hoffmann-La Roche, Insulet, Dr. Reddy’s Laboratories, Becton, Dickinson and Company.

To build a strong foothold in the Asia Pacific diabetes care devices market, companies are embracing a multi-tiered strategy focused on accessibility, innovation, and regional adaptability. Localization remains critical, with firms customizing device features, pricing, and user interfaces to fit cultural preferences and economic conditions across diverse markets. Strategic partnerships with hospitals, pharmacies, and digital health platforms help expand reach and reinforce brand credibility.

Author: Mariam Faizullabhoy, Gauri Wani