About Online Diabetes Coaching
Online diabetes coaching is basically digital diabetes, wherewith the help of the application software and other offline channels. Basically, it is also known as the digital management of diabetes where they tackle the issue of diabetes from any place with the help of medical professionals. With the increasing incidence of diabetes is driving the growth of the online diabetes coaching market across the globe.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies operating in this market are highly focusing on the development of new and innovative solutions to deliver in the industry growing demands in order to remain competitive in the global market. The companies are highly investing in technological advancement to enhance the growth of the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Online Diabetes Coaching market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic (Ireland), B. Braun (Germany), Dexcom (United States), Abbott Laboratories (United States), Roche Diagnostics (Switzerland), Insulet Corporation (United States), Tandem Diabetes Care (United States), Ascensia Diabetes Care (Switzerland), LifeScan (United States) and Tidepool (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are AgaMatrix (United States), Glooko Inc. (United States) and DarioHealth (Israel).
Segmentation Overview
AMA Research has segmented the market of Global Online Diabetes Coaching market by and Region.
On the basis of geography, the market of Online Diabetes Coaching has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, New Zealand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Blood Sugar Management will boost the Online Diabetes Coaching market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Self/Home Healthcare will boost the Online Diabetes Coaching market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Diabetes Apps will boost the Online Diabetes Coaching market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Professional Health Coach will boost the Online Diabetes Coaching market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Channels, the sub-segment i.e. Online Channels will boost the Online Diabetes Coaching market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. Software will boost the Online Diabetes Coaching market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number Open Source Applications to Cater to the Market
Market Growth Drivers:
Increasing Incidence of Diabetes Across the Globe and Technological Advancements in Software Offerings
Challenges:
Low Penetration of Coaching Applications in Developing Economies and Lack of Consumer Awareness
Restraints:
High Paid Applications in Developing Countries
Opportunities:
Rising Diabetes-Related Health Expenditure in Emerging Economies from the Consumers
Market Leaders and their expansionary development strategies
In February 2023, Mednow Inc. launched of its enhanced Virtual Diabetes Management program, an end-to-end digital diabetes management solution, to enable convenient on-demand access to Dexcom G6 real-time continuous glucose monitoring (rtCGM) supplies and personalized diabetes care services.It provided individuals with a comprehensive diabetes management solution. Services include access to a team of certified diabetes educators (CDEs) and clinical pharmacists for ongoing health coaching, personalization of treatment, and convenient home delivery of all diabetes-related medications and supplies
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Online Diabetes Coaching Service Providers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.