Digital diabetes Management Technology Trend

Challenge

Rapid unhealthy changes in lifestyles and dietary habits are resulting in the rise of diabetes around the globe. Additionally, obesity is one main factor impacting global diabetes. As per WHO, millions of individuals were obese in 2016 and this number will grow at the forecast growth.

Diabetes is a clinical issue where incapability of pancreas to produce insulin results in the enhancement of glucose level in the body. Diabetes patients face several regular challenges such as regular administering of insulin and dietary restrictions. Thus, nature of the digital technology allows patients to address the health issues by associating with healthcare team and sharing data. This will result in the creation of a data driven tools digital ecosystem which connect patients and their healthcare teams for the perfect management of diabetes.

Digital diabetes management has a big impact on people’s lives. It is mainly driven by the rising prevalence of diabetes, increasing focus on the development and adoption of digital platform for diabetes, and technological advancements.

Client wanted to develop Digital diabetes management solution. So, before entering the market client asked us to search the market trends.

Among a multitude of challenges that the client needed help with, a few are described below:

Identify the trends of the market before developing digital diabetes management solution
Analyse and identify the key players activities
Identify the technological development of key players

Our Solution

By defining the relevance criteria, we extracted the exhaustive list of patents from multiple paid database.
We used multiple search strategies to get exhaustive list in order to extract relevant patent sets
To deep dive into the domain, we divided the digital diabetes management into multiple categories
We categorized the patents based on their technology and features. This helps to give clear picture of the technology trends and R&D activities of the players. We connected this information with other player’s activities to define their future strategies & technology trends.
Exhaustive list of active players those are dedicatedly working in the domain of diabetes management, were mainly divided into two categorize, Major Players & Start-ups.
Tracking their activities in terms of investments, collaborations, products launch, and merger & acquisition
We Connected the dots from multiple information sources. This gave us a clear picture of Digital diabetes management

The output we got-

The landscape for diabetes management systems, including matured technology, emerging players and whitespace analysis

Business Impact

Our insights enabled the client to monitor innovative technologies, products, and major market trends.
The activity helped to identify early signs of threats that could negatively impact the client’s innovation pipeline and product plans.
Detailed information of white space helped the client for the investment plans & future strategies.