Albany, NY (PRWEB) December 12, 2014
The online portal, which has emerged as one of the leading sources for both syndicated and custom reports, states that the report covers key aspects of the diabetes applications market such as best practices, key players, regulatory impact, country markets, revenues, and emerging trends from 2008 through 2018. Diabetes has become an epidemic with this lifestyle disease having an adverse impact on not just the society, but also on the economy.
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The report finds that in 2013 alone, about 382 million people were reportedly suffering from diabetes. In view of this, diagnosis and treatment alone will not provide a holistic solution. The effective use of mobile applications, to a large extent, could help monitor diabetes patients and offer warnings at critical times. The report explores how diabetes applications could streamline the daily management of the disease even in the midst of hectic lifestyles.
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In fact, busy lifestyles make it even more imperative for the introduction of mobile applications that can help patients seamlessly keep their blood glucose levels in check. The report states that mobile applications can support behavior changes, facilitate timely communication between patients and doctors or care providers, and act as a single source for tracking and storing information relating to vital parameters of the patient.
As per the findings of this study, there are currently over 1,100 diabetes mobile applications available on iOS and Android operating systems, listed on the Apple App Store and Google Play store, respectively. These applications have been designed keeping in mind the needs of diabetics. This report takes into account the key milestones that marked the initiation and growth of the diabetes app market, and then traces the current trends that will become significant revenue generators in the future. The report offers an outlook for the period 2014 to 2018.
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This report categorizes and analyzes the over 1,100 diabetes applications based on their type. Based on a detailed study of these applications, the report also describes six "best practice elements" that help create a successful mobile application for diabetes. The market scenario that prevailed in the last five years (from 2008 to 2013) has been analyzed in much detail to include important aspects such as the addressable market size, rate and number of downloads, business platforms and model market share, revenue opportunities via in-app purchases, and more. The report also profiles the top 14 publishers within the diabetes application market; these 14 top players constitute over 65% of the global market share of the overall diabetes app market. In addition, the report also analyzes data from recent or ongoing clinical trials to study their impact on the global market for diabetes applications.
Global Diabetes Market Report: 2014 Edition
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Diabetes, often referred to as diabetes mellitus, describes a group of metabolic diseases in which the person has high blood glucose (blood sugar), either because insulin production is inadequate, or because the body’s cells do not respond properly to insulin, or both. Diabetes is a disorder of metabolism, the process by which the body uses digested food for energy. The digestive tract breaks down carbohydrates, sugars and starches found in many foods, into glucose, a form of sugar that enters the bloodstream.
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The key factors which are anticipated to drive market growth include increasing aging population, rising obese population, rising healthcare expenditure, and continuously surging urban population. Some of the noteworthy developments of this industry include sedentary lifestyle, family history and genetics, among others. However, the industry remains threatened by certain challenges which include high diabetes cost which is a huge burden for families.
Type 2 Diabetes Therapeutics In Asia-Pacific Markets To 2020 - Increasing Uptake Of Novel Drug Classes To Drive Market Growth
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“Type 2 Diabetes Therapeutics in Asia-Pacific Markets to 2020 Increasing Uptake of Novel Drug Classes to Drive Market Growth”, which provides insights into type 2 diabetes in the Asia-Pacific (APAC) markets of China, India, Japan and Australia. The report estimates the market size for 2013 and provides a forecast until 2020, and covers disease epidemiology, treatment algorithms, and treatment use patterns. It also provides in-depth analysis of the pipeline molecules, clinical trial failure rates, and recent deals. The report has been built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis carried out by GBI Research’s team of industry experts.
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In 2013, the value of the type 2 diabetes therapeutics market in APAC countries was an estimated $6.5 billion, and it is forecast to grow at a Compound Annual Growth Rate (CAGR) of 7.1% between 2013 and 2020 to $10.5 billion. This strong growth is due to the anticipated approval of products in relatively novel treatment classes, such as Glucagon-Like Peptide-1 (GLP-1) agonists, Dipeptidyl Peptidase-4 (DPP-4) inhibitors, and Sodium Glucose Transporter-2 (SGLT-2) inhibitors, as well as the growth of the prevalence population in the APAC region, particularly in India and China.
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