| Product Code: ETC13313242 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global BRIC Diabetes Care Devices Market was valued at USD 3.5 Billion in 2024 and is expected to reach USD 6.3 Billion by 2031, growing at a compound annual growth rate of 5.78% during the forecast period (2025-2031).
The Global BRIC Diabetes Care Devices Market refers to the market for medical devices used in the management and treatment of diabetes in the BRIC countries - Brazil, Russia, India, and China. This market is experiencing significant growth due to the rising prevalence of diabetes in these countries, driven by factors such as changing lifestyles, urbanization, and an aging population. Key players in the market include both multinational corporations and local manufacturers offering a wide range of products such as glucose monitoring devices, insulin pumps, and insulin pens. Factors such as increasing healthcare expenditure, improving healthcare infrastructure, and growing awareness about diabetes management are expected to further drive the growth of the BRIC Diabetes Care Devices Market in the coming years.
The Global BRIC Diabetes Care Devices Market is witnessing significant growth driven by the rising prevalence of diabetes in Brazil, Russia, India, and China. Key trends include the increasing adoption of advanced technology such as continuous glucose monitoring systems, smart insulin pens, and artificial pancreas devices for better disease management. Opportunities exist for market players to focus on developing affordable and user-friendly devices tailored to the specific needs of these emerging economies. Additionally, partnerships with local healthcare providers and government initiatives to raise awareness about diabetes care could further drive market expansion in the BRIC countries. With the increasing demand for innovative solutions and the growing diabetic population in these regions, the market offers substantial growth potential for companies in the diabetes care devices sector.
The Global BRIC Diabetes Care Devices Market faces several challenges, including limited access to healthcare services in some regions, low awareness about diabetes management among the population, and cost constraints for purchasing advanced diabetes care devices. Additionally, regulatory hurdles and lack of standardized guidelines across the BRIC countries (Brazil, Russia, India, China) pose challenges for manufacturers looking to enter these markets. Cultural beliefs and stigma associated with diabetes also impact the adoption of care devices. Furthermore, the presence of counterfeit products in some regions hampers market growth and affects the credibility of genuine diabetes care device manufacturers. Overall, addressing these challenges requires a comprehensive approach that involves collaboration between healthcare providers, regulatory bodies, manufacturers, and advocacy groups to improve access, awareness, affordability, and quality of diabetes care devices in the BRIC countries.
The Global BRIC Diabetes Care Devices Market is primarily driven by the increasing prevalence of diabetes within the BRIC countries (Brazil, Russia, India, China). The rising awareness about diabetes management and the importance of regular monitoring among the population, coupled with the growing adoption of advanced diabetes care devices such as blood glucose monitors, insulin pumps, and continuous glucose monitoring systems, are key drivers of market growth. Additionally, the improving healthcare infrastructure and the expanding middle-class population with higher disposable income in BRIC nations are fueling the demand for diabetes care devices. Technological advancements in diabetes care devices, along with a focus on personalized and convenient solutions, are also contributing to the market`s expansion.
Government policies related to the Global BRIC (Brazil, Russia, India, China) Diabetes Care Devices Market vary among the countries. In Brazil, the government has implemented various initiatives to improve access to diabetes care devices, including subsidizing insulin and providing free healthcare services through the Unified Health System (SUS). Russia has introduced a national diabetes program focusing on prevention, diagnosis, and treatment, with government funding for essential diabetes care devices. In India, the government has launched the National Program for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke (NPCDCS) to address the rising diabetes prevalence, with a focus on early detection and management through public health centers. China has prioritized diabetes management as part of its healthcare reform, investing in infrastructure and technology for diabetes care, with the government providing subsidies for essential diabetes devices and medications.
The Global BRIC Diabetes Care Devices Market is expected to witness significant growth in the coming years due to the increasing prevalence of diabetes in Brazil, Russia, India, and China. Factors such as a rising geriatric population, changing lifestyles, and improved access to healthcare services are driving the demand for diabetes care devices in these emerging economies. The market is projected to experience a steady rise in revenue as more individuals adopt self-monitoring devices, insulin pumps, and continuous glucose monitoring systems to manage their condition effectively. Additionally, advancements in technology, such as the development of smart insulin pens and integrated diabetes management systems, are anticipated to further propel market growth in the BRIC countries. Overall, the future outlook for the Global BRIC Diabetes Care Devices Market appears promising with ample opportunities for manufacturers and providers to meet the increasing healthcare needs of diabetic patients in these regions.
In the Global BRIC Diabetes Care Devices Market, Asia is anticipated to exhibit significant growth due to the increasing prevalence of diabetes in countries like China and India. North America is expected to hold a considerable market share owing to advanced healthcare infrastructure and high awareness about diabetes management. Europe is likely to witness steady growth due to the rising adoption of technologically advanced diabetes care devices. The Middle East and Africa region is projected to experience moderate growth driven by improving healthcare facilities and growing diabetic population. Latin America is expected to show promising growth prospects with increasing government initiatives for diabetes management and a rising focus on preventive healthcare practices. Overall, the BRIC diabetes care devices market is forecasted to see substantial growth across all the regions, with varying degrees of market penetration and adoption rates.
Global BRIC Diabetes Care Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global BRIC Diabetes Care Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global BRIC Diabetes Care Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global BRIC Diabetes Care Devices Market - Industry Life Cycle |
3.4 Global BRIC Diabetes Care Devices Market - Porter's Five Forces |
3.5 Global BRIC Diabetes Care Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global BRIC Diabetes Care Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.7 Global BRIC Diabetes Care Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Global BRIC Diabetes Care Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global BRIC Diabetes Care Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global BRIC Diabetes Care Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global BRIC Diabetes Care Devices Market Trends |
6 Global BRIC Diabetes Care Devices Market, 2021 - 2031 |
6.1 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Glucometers, 2021 - 2031 |
6.1.3 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Insulin Pumps, 2021 - 2031 |
6.1.4 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Continuous Glucose Monitors, 2021 - 2031 |
6.1.5 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Lancets, 2021 - 2031 |
6.2 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Digital Sensors, 2021 - 2031 |
6.2.3 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Automated Infusion, 2021 - 2031 |
6.2.4 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Real-Time Sensors, 2021 - 2031 |
6.2.5 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Painless Pricking, 2021 - 2031 |
6.3 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Blood Sugar Monitoring, 2021 - 2031 |
6.3.3 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Insulin Delivery, 2021 - 2031 |
6.3.4 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Glucose Level Tracking, 2021 - 2031 |
6.3.5 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Blood Sample Collection, 2021 - 2031 |
6.4 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Diabetes Patients, 2021 - 2031 |
6.4.3 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.4 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Specialty Clinics, 2021 - 2031 |
6.4.5 Global BRIC Diabetes Care Devices Market, Revenues & Volume, By Home Users, 2021 - 2031 |
7 North America BRIC Diabetes Care Devices Market, Overview & Analysis |
7.1 North America BRIC Diabetes Care Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America BRIC Diabetes Care Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
7.4 North America BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
7.5 North America BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) BRIC Diabetes Care Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) BRIC Diabetes Care Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) BRIC Diabetes Care Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
8.4 Latin America (LATAM) BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
8.5 Latin America (LATAM) BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia BRIC Diabetes Care Devices Market, Overview & Analysis |
9.1 Asia BRIC Diabetes Care Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia BRIC Diabetes Care Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
9.4 Asia BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
9.5 Asia BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa BRIC Diabetes Care Devices Market, Overview & Analysis |
10.1 Africa BRIC Diabetes Care Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa BRIC Diabetes Care Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
10.4 Africa BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
10.5 Africa BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe BRIC Diabetes Care Devices Market, Overview & Analysis |
11.1 Europe BRIC Diabetes Care Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe BRIC Diabetes Care Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
11.4 Europe BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
11.5 Europe BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East BRIC Diabetes Care Devices Market, Overview & Analysis |
12.1 Middle East BRIC Diabetes Care Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East BRIC Diabetes Care Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey BRIC Diabetes Care Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East BRIC Diabetes Care Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
12.4 Middle East BRIC Diabetes Care Devices Market, Revenues & Volume, By Technology, 2021 - 2031 |
12.5 Middle East BRIC Diabetes Care Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East BRIC Diabetes Care Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global BRIC Diabetes Care Devices Market Key Performance Indicators |
14 Global BRIC Diabetes Care Devices Market - Export/Import By Countries Assessment |
15 Global BRIC Diabetes Care Devices Market - Opportunity Assessment |
15.1 Global BRIC Diabetes Care Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global BRIC Diabetes Care Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
15.3 Global BRIC Diabetes Care Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
15.4 Global BRIC Diabetes Care Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global BRIC Diabetes Care Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global BRIC Diabetes Care Devices Market - Competitive Landscape |
16.1 Global BRIC Diabetes Care Devices Market Revenue Share, By Companies, 2024 |
16.2 Global BRIC Diabetes Care Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |