Press release
Blood Glucose Monitoring Market 2023 Top Player Overview - Arkay Inc. (Japan), Bayer Healthcare AG, (Germany), LifeScan, Johnson & Johnson (U.S.), Medtronic plc
The Europe, the Middle East, and Africa Blood Glucose Monitoring Market is expected to grow at a CAGR of 6% during the forecast period 2017-2023.The blood glucose monitoring market is one of the rapidly growing markets across the globe owing to a huge growth in the incidence of diabetes. Complete cure for diabetes is not available in the market. Regularly monitoring of glucose level is important to avoid further complications. Furthermore, increasing cases of diabetic patients and the introduction of new technology have boosted the blood glucose monitoring market. Additionally, factor such as increasing awareness and need of monitoring diseases help in boosting the market growth. However, high cost associated with monitoring and diagnosis of disease may restrain the market growth.
According to the American Diabetes Association, the blood glucose levels for an adult without diabetes is below 100 mg/dl before meals and fasting, and is less than 140 mg/dl two hours after a meal.
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Blood Glucose monitoring devices market is expected to grow at a CAGR of 6% during the forecast period 2017-2023. Increasing diabetic patient in the Europe has increased the blood glucose monitoring devices market. Different types of glucose monitoring devices are available in the market such as blood glucose meter, continuous glucose monitoring system, Lancets, glucose monitoring strips, and others. Self-monitoring devices are the oldest method for monitoring blood glucose level and are widely used in home, hospital, and clinics.
Key Players
Some of the key players in this market are Abbott Laboratories (US), Arkay Inc. (Japan), Bayer Healthcare AG, (Germany), F.Hoffmann-La Roche (Switzerland), LifeScan, Johnson & Johnson (U.S.), Medtronic plc., Nipro Diagnostics Inc., and Terumo Medical Corporation.
Segmentation:
EMEA blood glucose monitoring devices market is segmented on the basis of product type, application, and end user. On the basis of the product type, it is segmented into invasive glucose monitoring devices, continuous glucose monitoring devices (CGM), flash glucose monitoring devices, and others. On the basis of the application, it is segmented into type 1 diabetes, type 2 diabetes, and others. On the basis of the end user, it is segmented into diagnostic centers, hospitals, clinics, research centers, and home care diagnostics.
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Brief TOC
1 Report Prologue
2 Market Introduction
2.1 Introduction
2.2 Scope of Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
4 Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5 Market Factor Analysis
…TOC Continued
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