2019-2024 Blood Glucose Monitoring Market | Top Industries with Market Growth Rate, Industry Size, Share, Latest Trends and Forecast

Press Release

Blood Glucose Monitoring

This “Blood Glucose Monitoring Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Blood Glucose Monitoring market can use for expanding their business in untapped market to increase their customer base.

Request a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14245404

Market Overview:

  • The global blood glucose monitoring market is expected to register a CAGR of 11.88% during the forecast period of 2019 – 2024; the market is estimated to reach USD 12.8 billion by 2019.
  • Blood glucose monitoring devices are used for effective diabetes diagnosis and treatment. A rise in the diabetic population drives the market by increasing the use of blood glucose monitoring devices.
  • Obesity is also considered as one of the major factors contributing to the disease, primarily Type 2 diabetes.
  • Also, other factors, such as technological innovations and advancements, give much convenience in measuring the blood glucose levels. One such advancement in monitoring the blood glucose level is established with continuous glucose monitoring devices.
  • These devices help in the early detection of hypo and hyperglycemic conditions, which tend to drive the market for glucose monitoring.

    Blood Glucose Monitoring Market Covers Manufacturers:

  • Abbott Diabetes Care
  • Roche
  • Johnson & Johnson
  • Dexcom
  • Medtronic
  • Arkray
  • Ascensia Diabetes Care
  • Agamatrix Inc.
  • Bionime Corporation
  • Acon
  • Medisana
  • Trivida
  • Rossmax

    Scope of the Report:

  • There are two main types of blood glucose monitoring devices included in this study, namely the self monitoring blood glucose devices and the continuous glucose monitoring devices. The devices are further categorized by components, i.e. the self-monitoring blood glucose (SMBG) devices are segmented into glucometer devices, test strips, and lancets (which are further studied by their usage in hospital and home individually) and continuous glucose monitoring (CGM) devices are segmented into sensors and receivers.

    For More Information or Query or Customization Before Buying, Visit at @ https://www.industryresearch.co/enquiry/pre-order-enquiry/14245404

    Key Market Trends: – Glucometer consumables (test strips and lancets) occupy the highest market share

    Although CGM is an advanced way for people living with diabetes to check glucose readings in real-time, SMBG is the most preferred device by the patients due to its economic affordability and less sophisticated usage when compared to CGM. The SBGM occupies more than 87% of the share in the blood glucose monitoring market. The further segmented market of SBGM gives an understanding that the disposable consumables – test strips and lancets, occupy the larger market share when compared to glucometer devices. However, the CAGR for glucometer devices is high.
    CGM, though it provides real-time data of blood glucose levels for patients, has low adaptability in the emerging markets. However, CGM’s adaptability is high in developed markets. The cost factor is a major concern for the low growth of CGM in emerging markets.

    North America is leading the market

    In 2018, North America, especially the United States, held the largest share in the blood glucose monitoring market, due to the large patient pool and wide acceptance of advanced technologies followed by Europe, which showed moderate growth. Asia-Pacific, Latin America, and the Middle East & Africa showed low growth due to economic affordability.

    Purchase this Report (Price 5000 USD for single user license) https://www.industryresearch.co/purchase/14245404

    Target Audience of Blood Glucose Monitoring Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Blood Glucose Monitoring Market Report:

    • Analyzing various perspectives of the Blood Glucose Monitoring market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Blood Glucose Monitoring market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Blood Glucose Monitoring market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Blood Glucose Monitoring market studied, during the forecast period
    • The segments that are expected to dominate the Blood Glucose Monitoring market studied.

    For Detailed TOC Click Here

    About Industry Research:

    Industry Research is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in-depth market research. We are one of the top report resellers in the market, dedicated to bringing you an ingenious concoction of data parameters.

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]