in

Blood Glucose Monitoring Devices Market – Global Opportunities & Forecast, 2020-2027

The global blood glucose monitoring devices market report, published by GMI Research, provides extensive insight and analysis of the global blood glucose monitoring devices market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global blood glucose monitoring devices market. The research report also studies the competitive environment of the Blood Glucose Monitoring Devices market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Global Blood Glucose Monitoring Devices Market

The notable players in the global blood glucose monitoring devices market include F. Hoffmann-La Roche Ltd, Terumo Corporation, Dexcom, Inc., Sanofi, Nipro Diagnostics, Medtronic, include Abbott Laboratories, ARKRAY, Inc, and Becton, Dickinson and Company, among others.

Key Drivers in the Global Blood Glucose Monitoring Devices Market

The global blood glucose monitoring devices market is projected to experience strong demand in the next six years. The rapidly increasing geriatric population prone to diabetes is the major factor that is contributing to the growth of the market. As per the World Health Organization (WHO), the global aging population will increase at a significant rate from 12% in 2015, reaching 22% by 2050. Moreover, the emerging trend of sedentary lifestyle patterns, along with unhealthy eating habits, such as smoking and consumption of alcohol and unhealthy food products, is another factor that is responsible for the growth of the blood glucose monitoring devices market size.

The leading manufacturers in the market are emphasizing on technological development in the blood glucose monitoring devices to meet the growing demand of the market. The easy availability of reimbursement for self-monitoring of blood glucose (SMBG) and the increasing focus of the diabetes patients to regularly monitoring their glucose level is further encouraging them to opt for advanced monitoring devices. Continuous technological advancement in the monitoring systems has made the monitoring process easier, convenient, and less expensive.

Market Segmentation

Global Blood Glucose Monitoring Devices Market by Product Type:

  • Blood Glucose Monitors

o   Single Point Blood Glucose Meters

o   Continuous Glucose Monitoring Systems

  • Sensors
  • Transmitter and Receivers
  • External Monitor
  • Glucose Monitoring Strips
  • Lancets

Global Blood Glucose Monitoring Devices Market by End-user:

  • Hospitals and Clinic
  • Diagnostic Center
  • Home Settings

Global Blood Glucose Monitoring Devices Market by Region:

  • North America

o   United States of America

o   Canada

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Report

What do you think?

Mentor

Written by Sophia Jonson

Content AuthorYears Of Membership

Leave a Reply