Research Methodology – Diabetes Care Devices Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Diabetes Care Devices Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Diabetes Care Devices Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Number of people with diabetes worldwide and in specific markets
- The rate of incidence and prevalence of diabetes
- Current market share held by leading manufacturers of diabetes care devices
- The price and product features of different diabetes care devices on the market
- Consumer purchasing power and trends
- Governmental policies, laws, and regulations in different markets
- Healthcare infrastructure and access to diabetes care in different markets
Key Market Indicators:
- Global and regional sales figures for diabetes care devices
- Projected growth rates for the diabetes care devices market
- Health expenditure on diabetes care per capita or as a proportion of total healthcare spending
- The proportion of people with diabetes who have access to diabetes care devices
- Rate of innovation and new product development in the diabetes care devices market
Growth Trends:
- Increasing prevalence of diabetes worldwide, driving demand for diabetes care devices
- Technological advancements and innovation in diabetes care device design and functionality
- Growth in the development and uptake of continuous glucose monitoring systems
- Rising adoption of point of care testing devices for diabetes
- Increasing demand for home healthcare solutions such as at-home blood glucose meters
- Growth in awareness and education about diabetes, leading to more proactive management and monitoring
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Diabetes Care Devices Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Diabetes Care Devices Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
Get This ReportOur Clients:
