Key Insights
The Australian diabetes devices market, valued at $704.12 million in 2025, is projected to experience steady growth, driven by rising diabetes prevalence, an aging population, and increasing adoption of advanced technologies like continuous glucose monitoring (CGM) systems. The market's compound annual growth rate (CAGR) of 2.46% from 2025 to 2033 indicates a consistent expansion, although the growth rate suggests a relatively mature market with established players. Key market segments include management devices (insulin pumps, insulin syringes, pens, jet injectors), and monitoring devices (self-monitoring blood glucose (SMBG) meters, lancets, and CGMs). The increasing preference for less invasive and more convenient monitoring solutions, such as CGMs, is a significant market driver. While the market faces restraints such as high device costs and potential reimbursement challenges, the overall positive outlook is supported by government initiatives aimed at improving diabetes management and patient outcomes. Competition among established players like Medtronic, Abbott Diabetes Care, Novo Nordisk, and Dexcom, along with emerging companies, fuels innovation and contributes to market expansion. The continued development and affordability of advanced technologies will play a critical role in shaping market growth and accessibility.
The Australian diabetes devices market’s growth will be influenced by technological advancements impacting the accuracy, convenience, and affordability of both management and monitoring devices. The rising adoption of insulin pumps and CGM systems reflects a shift towards proactive diabetes management. Furthermore, improving awareness campaigns and better patient education are contributing to better disease management and therefore higher device usage. However, the market will continue to face challenges regarding pricing strategies and public healthcare funding for advanced technologies. Nevertheless, the ongoing commitment to research and development within the diabetes sector will ensure a continued pipeline of innovative products, fostering overall market growth and improving the lives of people living with diabetes in Australia.
This in-depth report provides a comprehensive analysis of the Australian diabetes devices market, covering the period 2019-2033. It offers crucial insights into market dynamics, competitive landscapes, technological advancements, and future growth projections, making it an invaluable resource for industry stakeholders, investors, and healthcare professionals. The base year for this report is 2025, with estimates for 2025 and forecasts extending to 2033, building upon historical data from 2019-2024. The report uses Million (M) as the unit for all values.

Diabetes Devices Industry in Australia Market Structure & Competitive Dynamics
The Australian diabetes devices market exhibits a moderately concentrated structure with several multinational corporations holding significant market share. Key players such as Medtronic, Novo Nordisk, Abbott Diabetes Care, and Dexcom Inc. dominate various segments. Market share analysis reveals Medtronic holding approximately xx% in insulin pumps, while Abbott Diabetes Care commands a xx% share in continuous glucose monitoring (CGM) devices. The market's competitive landscape is characterized by intense R&D efforts, strategic partnerships, and acquisitions. Recent mergers and acquisitions (M&A) activity has been valued at approximately xx Million, primarily driven by the expansion of CGM technology and the integration of digital health solutions. Innovation is heavily focused on enhancing device accuracy, usability, and connectivity. The Australian regulatory framework, including the Therapeutic Goods Administration (TGA), significantly impacts market access and product approvals. The prevalence of diabetes is a key driver of market growth, while increasing consumer demand for improved self-management tools and the rising adoption of telehealth further shape market trends. Substitute products are limited, with the primary alternative being traditional methods of diabetes management, which are less convenient and effective.
Diabetes Devices Industry in Australia Industry Trends & Insights
The Australian diabetes devices market is experiencing substantial growth, with a Compound Annual Growth Rate (CAGR) of xx% projected between 2025 and 2033. This growth is primarily driven by the increasing prevalence of diabetes, especially Type 2 diabetes, among the Australian population. Technological advancements, such as the development of more accurate and user-friendly CGM devices and insulin pumps, are further accelerating market expansion. The rising adoption of connected devices and telehealth platforms is transforming diabetes management, enabling remote monitoring and personalized treatment plans. Consumer preferences are increasingly shifting towards integrated solutions that offer seamless data sharing and improved convenience. The competitive dynamics are intense, with leading players investing heavily in R&D and strategic collaborations to maintain their market positions. Market penetration of CGM devices is expected to reach xx% by 2033, driven by government initiatives and increasing awareness of their benefits. The market faces challenges such as high device costs and limited reimbursement coverage, but these are partially offset by advancements in technology and increased government support.

Dominant Markets & Segments in Diabetes Devices Industry in Australia
Management Devices:
- Insulin Pumps: The insulin pump segment is experiencing strong growth, driven by increasing awareness of the benefits of insulin pump therapy and technological improvements such as improved accuracy and usability. New product launches by Medtronic and Insulet Corporation are contributing to this segment's success. The increasing adoption of insulin pumps in both type 1 and type 2 diabetes populations drives this segment's dominance.
- Infusion Sets: This segment shows steady growth, reflecting the consistent demand for insulin delivery systems. Technological advancements focus on comfort and ease of use, reducing discomfort and increasing patient compliance. Market size is estimated at xx Million in 2025.
- Insulin Syringes, Cartridges in Reusable Pens, Insulin Disposable Pens, Jet Injectors: These segments are experiencing moderate growth driven by existing market dominance and stable adoption rates. While innovation in delivery mechanisms continues, the majority of the market remains consistent.
Monitoring Devices:
- Self-monitoring Blood Glucose (SMBG): SMBG devices remain a significant segment, despite the rise of CGM. Their affordability and ease of use continue to drive demand, particularly in underserved populations. The market size is estimated at xx Million in 2025.
- Continuous Glucose Monitoring (CGM): This segment is experiencing rapid growth, driven by the increasing adoption of CGMs by both patients and healthcare providers. Government approvals for broader access and improved accuracy are key drivers. The market size is expected to be xx Million in 2025.
- Lancets: This is a relatively stable segment, directly tied to the use of SMBG devices, showing consistent but slow growth.
Key drivers in the dominant segments include favorable government reimbursement policies and growing awareness campaigns promoting improved diabetes management. These factors, combined with continuous technological advancements, support the continued dominance of these segments within the Australian market.
Diabetes Devices Industry in Australia Product Innovations
Recent innovations in the Australian diabetes devices market focus on improved accuracy, connectivity, and user-friendliness. Continuous Glucose Monitoring (CGM) systems are becoming increasingly sophisticated, incorporating advanced algorithms and integration with mobile apps for enhanced data analysis and personalized insights. Insulin pump technology is also evolving, with smaller, more discreet devices offering improved insulin delivery and reduced complications. The integration of artificial intelligence (AI) and machine learning (ML) is expected to drive further innovation, enabling more predictive and proactive diabetes management. These advancements enhance the user experience and contribute to better clinical outcomes, leading to increased market adoption.
Report Segmentation & Scope
This report segments the Australian diabetes devices market based on device type: Management Devices (Insulin Pumps, Infusion Sets, Insulin Syringes, Cartridges in Reusable Pens, Insulin Disposable Pens, Jet Injectors) and Monitoring Devices (Self-Monitoring Blood Glucose Devices, Continuous Glucose Monitoring Devices, Lancets). Each segment is further analyzed based on market size, growth projections, competitive dynamics, and key drivers. Growth projections for each segment are provided for the forecast period (2025-2033), considering factors such as technological advancements, regulatory changes, and evolving patient needs. The competitive landscape within each segment is analyzed based on market share, product portfolio, and strategic initiatives of key players.
Key Drivers of Diabetes Devices Industry in Australia Growth
The Australian diabetes devices market is propelled by several key factors: the rising prevalence of diabetes, particularly Type 2 diabetes; government initiatives promoting improved diabetes management and broader access to advanced technologies like CGM; technological advancements leading to more accurate, user-friendly, and connected devices; and increasing awareness among patients and healthcare professionals regarding the benefits of advanced diabetes management technologies. The growing adoption of telehealth and remote monitoring also contributes to market expansion.
Challenges in the Diabetes Devices Industry in Australia Sector
The Australian diabetes devices market faces challenges including the high cost of devices, leading to limited affordability for some patients; regulatory hurdles and stringent approval processes for new products; and reimbursement complexities from insurance providers, impacting market access. Supply chain disruptions and the ongoing impact of the global economic climate also represent potential obstacles to market growth. Competition among established players and emerging innovative companies creates price pressure and necessitates continuous product enhancement.
Leading Players in the Diabetes Devices Industry in Australia Market
- 2 LifeScan Inc
- AgaMatrix Inc
- 2 Novo Nordisk A/S
- Insulin Devices
- Roche Diabetes Care
- Eli Lilly
- LifeScan Inc
- Abbott Diabetes Care
- Medtronic
- 1 Dexcom Inc
- Dexcom Inc
- Continuous Glucose Monitoring Devices
- 1 Abbott Diabetes Care
- Sanofi Aventis
- 2 Medtronic PLC
- Insulet Corporation
- ARKRAY Inc
- 1 Insulet Corporation
- Self-monitoring Blood Glucose Devices
- Novo Nordisk A/S
- Ypsomed Holding AG
- Ascensia Diabetes Care
Key Developments in Diabetes Devices Industry in Australia Sector
- November 2023: The Australian government approved prescriptions for continuous glucose monitoring (CGM) devices from various healthcare professionals (GPs, diabetes educators, clinics, RNs, specialists), significantly expanding access. This is expected to boost CGM market growth significantly.
- November 2022: Eli Lilly and Company launched the Tempo Personalized Diabetes Management Platform, a connected platform integrating a smart button, app, and prefilled insulin pen for improved data-driven treatment decisions. This launch signifies a trend towards connected diabetes management systems.
Strategic Diabetes Devices Industry in Australia Market Outlook
The future of the Australian diabetes devices market appears bright, with sustained growth driven by continuous technological innovations, increasing diabetes prevalence, and supportive government policies. Strategic opportunities lie in developing and integrating advanced technologies such as AI and machine learning into diabetes management solutions. Expanding access to CGM and other advanced therapies through innovative reimbursement models and partnerships with healthcare providers will be crucial for further market penetration. Focus on personalized medicine and data-driven decision-making will be key success factors for market players.
Diabetes Devices Industry in Australia Segmentation
-
1. Management Devices
- 1.1. Insulin Pump
- 1.2. Insulin Syringes
- 1.3. cartridges in reusable pens
- 1.4. disposable pens
- 1.5. jet injectors
-
2. Monitoring Devices
- 2.1. Self-monitoring Blood Glucose
- 2.2. Continuous Glucose Monitoring
- 2.3. lancets
Diabetes Devices Industry in Australia Segmentation By Geography
- 1. Australia

Diabetes Devices Industry in Australia REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 2.46% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; The Rise in Global Prevalence of Cases of Obesity due to Modern Sedentary Lifestyles; Rise in Awareness and Disposable Income in Developed Economies
- 3.3. Market Restrains
- 3.3.1 ; Highly Cost of Branded Products in Emerging Countries; Severe Adverse Associated with Medication Including Seizures
- 3.3.2 Suicidal Attempts and Even Death; Adoption of Traditional Yoga and Herbal Products
- 3.4. Market Trends
- 3.4.1. Increasing Diabetes Prevalence
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Diabetes Devices Industry in Australia Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Management Devices
- 5.1.1. Insulin Pump
- 5.1.2. Insulin Syringes
- 5.1.3. cartridges in reusable pens
- 5.1.4. disposable pens
- 5.1.5. jet injectors
- 5.2. Market Analysis, Insights and Forecast - by Monitoring Devices
- 5.2.1. Self-monitoring Blood Glucose
- 5.2.2. Continuous Glucose Monitoring
- 5.2.3. lancets
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Australia
- 5.1. Market Analysis, Insights and Forecast - by Management Devices
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 2 LifeScan Inc
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 AgaMatrix Inc
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 2 Novo Nordisk A/S
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Insulin Devices
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Roche Diabetes Care
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Eli Lilly
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 LifeScan Inc
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Abbott Diabetes Care
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Medtronic
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 1 Dexcom Inc
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.11 Dexcom Inc
- 6.2.11.1. Overview
- 6.2.11.2. Products
- 6.2.11.3. SWOT Analysis
- 6.2.11.4. Recent Developments
- 6.2.11.5. Financials (Based on Availability)
- 6.2.12 Continuous Glucose Monitoring Devices
- 6.2.12.1. Overview
- 6.2.12.2. Products
- 6.2.12.3. SWOT Analysis
- 6.2.12.4. Recent Developments
- 6.2.12.5. Financials (Based on Availability)
- 6.2.13 1 Abbott Diabetes Care
- 6.2.13.1. Overview
- 6.2.13.2. Products
- 6.2.13.3. SWOT Analysis
- 6.2.13.4. Recent Developments
- 6.2.13.5. Financials (Based on Availability)
- 6.2.14 Sanofi Aventis
- 6.2.14.1. Overview
- 6.2.14.2. Products
- 6.2.14.3. SWOT Analysis
- 6.2.14.4. Recent Developments
- 6.2.14.5. Financials (Based on Availability)
- 6.2.15 2 Medtronic PLC
- 6.2.15.1. Overview
- 6.2.15.2. Products
- 6.2.15.3. SWOT Analysis
- 6.2.15.4. Recent Developments
- 6.2.15.5. Financials (Based on Availability)
- 6.2.16 Insulet Corporation
- 6.2.16.1. Overview
- 6.2.16.2. Products
- 6.2.16.3. SWOT Analysis
- 6.2.16.4. Recent Developments
- 6.2.16.5. Financials (Based on Availability)
- 6.2.17 ARKRAY Inc
- 6.2.17.1. Overview
- 6.2.17.2. Products
- 6.2.17.3. SWOT Analysis
- 6.2.17.4. Recent Developments
- 6.2.17.5. Financials (Based on Availability)
- 6.2.18 1 Insulet Corporation
- 6.2.18.1. Overview
- 6.2.18.2. Products
- 6.2.18.3. SWOT Analysis
- 6.2.18.4. Recent Developments
- 6.2.18.5. Financials (Based on Availability)
- 6.2.19 Self-monitoring Blood Glucose Devices
- 6.2.19.1. Overview
- 6.2.19.2. Products
- 6.2.19.3. SWOT Analysis
- 6.2.19.4. Recent Developments
- 6.2.19.5. Financials (Based on Availability)
- 6.2.20 Novo Nordisk A/S
- 6.2.20.1. Overview
- 6.2.20.2. Products
- 6.2.20.3. SWOT Analysis
- 6.2.20.4. Recent Developments
- 6.2.20.5. Financials (Based on Availability)
- 6.2.21 Ypsomed Holding AG
- 6.2.21.1. Overview
- 6.2.21.2. Products
- 6.2.21.3. SWOT Analysis
- 6.2.21.4. Recent Developments
- 6.2.21.5. Financials (Based on Availability)
- 6.2.22 Ascensia Diabetes Care
- 6.2.22.1. Overview
- 6.2.22.2. Products
- 6.2.22.3. SWOT Analysis
- 6.2.22.4. Recent Developments
- 6.2.22.5. Financials (Based on Availability)
- 6.2.1 2 LifeScan Inc
List of Figures
- Figure 1: Diabetes Devices Industry in Australia Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Diabetes Devices Industry in Australia Share (%) by Company 2024
List of Tables
- Table 1: Diabetes Devices Industry in Australia Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Diabetes Devices Industry in Australia Revenue Million Forecast, by Management Devices 2019 & 2032
- Table 4: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Management Devices 2019 & 2032
- Table 5: Diabetes Devices Industry in Australia Revenue Million Forecast, by Monitoring Devices 2019 & 2032
- Table 6: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Monitoring Devices 2019 & 2032
- Table 7: Diabetes Devices Industry in Australia Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Region 2019 & 2032
- Table 9: Diabetes Devices Industry in Australia Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Country 2019 & 2032
- Table 11: Diabetes Devices Industry in Australia Revenue Million Forecast, by Management Devices 2019 & 2032
- Table 12: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Management Devices 2019 & 2032
- Table 13: Diabetes Devices Industry in Australia Revenue Million Forecast, by Monitoring Devices 2019 & 2032
- Table 14: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Monitoring Devices 2019 & 2032
- Table 15: Diabetes Devices Industry in Australia Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Diabetes Devices Industry in Australia Volume K Unit Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Diabetes Devices Industry in Australia?
The projected CAGR is approximately 2.46%.
2. Which companies are prominent players in the Diabetes Devices Industry in Australia?
Key companies in the market include 2 LifeScan Inc, AgaMatrix Inc, 2 Novo Nordisk A/S, Insulin Devices, Roche Diabetes Care, Eli Lilly, LifeScan Inc, Abbott Diabetes Care, Medtronic, 1 Dexcom Inc, Dexcom Inc, Continuous Glucose Monitoring Devices, 1 Abbott Diabetes Care, Sanofi Aventis, 2 Medtronic PLC, Insulet Corporation, ARKRAY Inc, 1 Insulet Corporation, Self-monitoring Blood Glucose Devices, Novo Nordisk A/S, Ypsomed Holding AG, Ascensia Diabetes Care.
3. What are the main segments of the Diabetes Devices Industry in Australia?
The market segments include Management Devices, Monitoring Devices.
4. Can you provide details about the market size?
The market size is estimated to be USD 704.12 Million as of 2022.
5. What are some drivers contributing to market growth?
; The Rise in Global Prevalence of Cases of Obesity due to Modern Sedentary Lifestyles; Rise in Awareness and Disposable Income in Developed Economies.
6. What are the notable trends driving market growth?
Increasing Diabetes Prevalence.
7. Are there any restraints impacting market growth?
; Highly Cost of Branded Products in Emerging Countries; Severe Adverse Associated with Medication Including Seizures. Suicidal Attempts and Even Death; Adoption of Traditional Yoga and Herbal Products.
8. Can you provide examples of recent developments in the market?
November 2023: The Australian government has granted approval for individuals to obtain prescriptions for continuous glucose monitoring (CGM) devices from various healthcare professionals, including General Practitioners (GPs), diabetes educators, diabetes clinics, Registered Nurses (RNs), and specialists.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Diabetes Devices Industry in Australia," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Diabetes Devices Industry in Australia report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Diabetes Devices Industry in Australia?
To stay informed about further developments, trends, and reports in the Diabetes Devices Industry in Australia, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence