Thailand Diabetes Care Devices Market Size (2024 - 2029)

Thailand Diabetes Care Devices Market Analysis

The Thailand Diabetes Care Devices Market size is estimated at USD 128.94 million in 2024, and is expected to reach USD 175.49 million by 2029, growing at a CAGR of 6.36% during the forecast period (2024-2029).

Thailand possesses the seventh highest number of individuals with diabetes in the Western Pacific region, accounting for 9.9% of the adult population. Diabetes stands as a prominent contributor to mortality rates in Thailand. Out of the 200,000 deaths caused by chronic non-communicable diseases each year, around 30,000 (15%) can be attributed to diabetes.

Diabetes mellitus is a medical condition characterized by elevated blood sugar levels caused by insufficient insulin production, impaired insulin secretion, or a combination of both. Prolonged hyperglycemia can lead to damage, deterioration, and malfunction of essential organs. The inability to manage blood sugar levels can be attributed to factors that cannot be changed, such as gender, age, duration of diabetes, and complications related to blood vessels and other organs. 

On the other hand, factors that can be modified include behavioral and psychosocial aspects, like unhealthy eating habits, lack of physical activity, obesity, failure to follow medical advice, and neglecting prescribed medication. Additionally, stress, depression, and anxiety, particularly those related to diabetes, can also contribute to difficulties in controlling blood sugar levels.

Disposable prefilled insulin pens, both long-acting and short-acting analogs, were chosen instead of insulin vials to reduce administration errors, particularly in insulin-naïve patients. Insulin pens were kept at a medical clinic and distributed in a temperature-controlled container by a same-day delivery service.

Thus increasing diabetes population is driving the diabetes care devices market in projected timeframe.

Thailand Diabetes Care Devices Industry Segmentation

The tools used in diabetes care are used to measure the body's blood sugar levels resulting from insulin synthesis. Patients with diabetes are given these care tools to monitor their blood glucose levels and better manage their chronic illnesses. Thailand Diabetes Care Devices Market is segmented into devices and Monitoring Devices. The report offers the value (in USD) and volume (in Units) for the above segments.