How big is the diabetes care devices market?

The diabetes care devices market is substantial and projected for significant growth, valued at USD 34.19 billion in 2024 and expected to reach USD 62.65 billion by 2033. This represents a compound annual growth rate (CAGR) of 6.61% during the period from 2025 to 2033. The growth of this market is driven by the increasing prevalence of diabetes globally, advancements in technology enabling more effective management of the condition, and the rising demand for continuous glucose monitoring systems, insulin delivery devices, and other diabetes management tools. As awareness of diabetes care improves and healthcare providers emphasize the importance of monitoring and managing the disease, the diabetes care devices market is well-positioned for continued expansion in the coming years.