Diabetes market
Market Overview:
Mergers and acquisitions M&A are the approach taken by producers to attain exponential development, not just linear growth, and thus continue to create interest.
Primary reasons why M&A activity in the diabetes market happens include:
1. Increasing geographic reach, such as Dexcom, a worldwide market leader in constant glucose surveillance, working with Termo to distribute its continuous glucose monitoring CGM equipment solely in Japan, with sales starting in the period ending.
2. Increasing the market penetration, like, for example, with Novo Nordisk, which has partnered with Ypsomed, to increase the reach of its bolus insulins?
3. Expansion of product portfolio
4. Improvement of electronic health records
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Scope of the Report:
The study includes comprehensive company profiles of companies providing drugs and devices, including business overviews, products and services, financials, contracts, mergers and acquisitions, joint ventures, collaborations, and other market-leading business arrangements and strategies. The segment of fusions and acquisitions includes an introduction, market opportunities, and analyzes of dealings.
Key Market Trends: –
Merger between Drug and Device companies:
• Sanofi, known for its insulin and insulin delivery systems portfolio, sought to expand into the blood glucose monitoring BGM market. It chosen AgaMatrix as its exclusive BGM partner after an extensive search. This long-term strategic partnership enables AgaMatrix to co-develop cutting-edge diabetes management solutions, featuring the patented WaveSense technology from AgaMatrix, leading the next generation of smart characteristics and embedded connectivity blood glucose monitors.
• In 2011, AgaMatrix established Sanofi s BGStar and iBGStar. The iBGStar device comes with a mobile app that makes it easier to monitor blood glucose. Furthermore, this merger provides Sanofi the chance to enter the market for diabetes monitoring devices and retain the leading position by incorporating smart tracking technology, therapeutic innovation, customized solution, and services.
• Over the past decade, there has been a tremendous increase in the worldwide diabetic population. Of the 415 million individuals with diabetes, 46 percent are estimated to be undiagnosed. Self-blood glucose market size in 2017 was USD 8.6 billion. Therefore, in terms of the number of patients using self-blood glucose monitoring, there is a huge market space and huge penetration gap to capture.
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Merger, acquisition, agreement, and collaboration in emerging regions:
Julphar, one of the major pharmaceutical companies in the Middle East & Africa area, has entered into an agreement with Dexcom to market the Dexcom G4 Platinum – CGM in the GCC area, providing healthcare experts and patients with the recent alternatives to better handle diabetes.
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