Diabetes management platform is a digital tool for diabetics and high risk individuals that allow users to self-manage their treatment and directly connect with specialists. These digital tools improves the Quality of Life (QoL) and reduces the health related costs to users. These platforms helps the patient to track health data, connect to specialist, engage in a community exchange, and allows access to knowledge resources and practical tips about diabetes management.
These platforms includes advisory applications for smart insulin pens and smartphone based artificial pancreas system that automatically regulates the insulin delivery, reduces the hypoglycaemic attacks and significantly improves the blood glucose level. These tools equip healthcare professionals with data-driven insights into patient’s habits, areas of risk and opportunities for parameter changes.
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The diabetes management platform market has been segmented on the basis of platform type, region-
Based on the platform type
- Web Application
- Mobile Application
- SMS/USSD Application
Based on end user
In addition, increasing internet penetration in developing and emerging economies, rising adult diabetic population who positively respond to technological advances is expected to boost the revenue growth of diabetes management platform market over the forecast period. However, lack of critical technology, infrastructure and internet access in resource constrained economies expected to impact the diabetes management platform market revenue growth negatively over the forecast period.
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Diabetes management platform market is highly competitive with several startup players are in the market place. Players in the market offering several integrated services which connect stakeholders with varied service offerings. Players in the market coming with innovative tools which makes data accessible through smart phone and feature phone.
Moreover, players are adopting different geographic entry strategies by offering localized content which enables the effectively use of diabetes management platform for managing diabetes. Players are partnering with consumer electronic providers like Samsung to offer direct to consumer version of the diabetes management app.
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The players in diabetes management platform market include GLUKOA, TypeZero Technologies, Inc., BioTelemetry, Inc., CELLNOVO, STARsystem by Sanofi, WellDoc, Inc., Tactio Health Group, and Livongo Health to name a few.
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