Diabetic Ketoacidosis Market Size Worth USD
1973.6 Million By 2027
Technological advancements in diabetic ketoacidosis treatment, significant prevalence of target diseases, and rising private & government funding for new drug discovery are expected to be some major drivers for the market.
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Market Summary
According to the current analysis of Emergen Research, the global Diabetic Ketoacidosis Market was valued at USD 1297.3 million in 2019 and is expected to reach USD 1973.6 million by 2027, at a CAGR of 6.2%. Increasing awareness among healthcare professionals about ketones build up during type 1 diabetes as well as type 2 diabetes, and favorable funding scenario for drug development and technological advancements in diabetes ketoacidosis treatment is anticipated to boost the growth of the market during the forecast period.
Furthermore, growing prevalence of type 1 diabetes across the globe, increasing availability of well-organized and technologically advanced diabetic ketoacidosis treatment in developing nations, significant R&D activities by the existing and emerging market players to develop effective drugs in an attempt to cater the demand supply gap in the market.
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Some Key Highlights From the Report
• For diabetic ketoacidosis diagnosis, Beta-Hydroxybutyrate (BHB) assay remains a popular method to determine both the presence and degree of ketosis. Several market leaders are focused in expansion of BHB assay. For instance, Ortho Clinical Diagnostics and EKF Diagnostics announced to enter in an agreement to allow the Ortho Clinical Diagnostics clients to access Beta-Hydroxybutyrate (BHB) assay
• While hospitals segment dominates the end user segment of the market, it is anticipated that ambulatory care centers will register highest growth rate due to customised services provided to patients and growing awareness of such treatment centers in developed as well as developing nations.
• Development of advanced products for diabetic ketoacidosis management offers lucrative growth opportunities. There is a demand for products capable of significantly reducing diabetic ketoacidosis associated hospitalization rates and events of acute diabetes
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Market Summary
For the purpose of this study, Emergen Research has segmented Diabetic Ketoacidosis Market on the basis of treatment type, end use and region:
Treatment Type Outlook (Revenue in Million USD; 2017–2027)
Fluid Replacement
Electrolyte Replacement
Insulin Therapy
Intermediate-Acting Insulin
Long-Acting Insulin
End Use Outlook (Revenue in Million USD; 2017–2027)
Hospitals
Ambulatory Care Centre
Specialty Clinics
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Parameter Details
Market Size Estimation Period
2020-2027
Base Year Considered 2019
Historical Data
Forecast Period
2016-2018
2020-2027
Quantitative Units Revenue in USD million & CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions & more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization & expert consultation
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