Market Insights Health Medical Technology Medical Devices

Diabetes Care Devices - Austria

Austria

The projected revenue in the Diabetes Care Devices market market in Austria is expected to reach US$143.60m in the year 2024.
This indicates a positive trend in the market.
Furthermore, it is estimated that the revenue will experience an annual growth rate of 12.70% between the years 2024 and 2029.
As a result, the market volume is anticipated to reach US$261.10m by 2029 in Austria.
When comparing the revenue across the globe, it is noteworthy that the United States is projected to generate the highest revenue in the Diabetes Care Devices market market.
In 2024, the United States is expected to generate a revenue of US$11,710.00m.
This demonstrates the significant market potential and dominance of the United States in this particular market.
Austria has seen a rise in the adoption of advanced diabetes care devices, driven by the country's strong healthcare infrastructure and focus on patient-centric care.

Key regions: Netherlands, Japan, France, Italy, China

Market

Region

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Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.