Market Insights Health Medical Technology Medical Devices

Diabetes Care Devices - Uganda

Uganda

The projected revenue for the Diabetes Care Devices market market in Uganda is expected to reach US$8.20m by 2024.
This represents a significant growth opportunity for the country.
Furthermore, it is anticipated that the market will continue to expand at an annual growth rate (CAGR 2024-2029) of 12.11%.
As a result, the market volume is projected to reach US$14.52m by 2029.
When comparing in Uganda to other countries globally, it is important to note that the United States is expected to generate the highest revenue in the Diabetes Care Devices market market, amounting to US$11,710.00m in 2024.
This signifies the dominance of the US market in this particular sector.
Uganda is experiencing a growing demand for diabetes care devices, driven by an increasing prevalence of the disease and a rising awareness of the importance of managing diabetes.

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

Market

Region

Region comparison

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.