Press release
Diabetes Monitors Market 2018 Top 7 Players - Geographical Analysis | Size Estimation | Value Chain Analysis and Future Outlook to 2023
Worldwide Diabetes Monitors Market Analytical surveying Report is added on Marketresearchfuture.com with 85 pages. The report broadly provides the market Scenario, growth, Structure, Trade Analysis and forecasts for the period 2018–2023.Diabetes Monitors Market Is Expected To Grow At A CAGR Of 8.3% During The Forecast Period 2017-2023. Diabetes mellitus is a chronic disease resulting from an inadequacy of insulin in the body. The condition causes either elevated blood-glucose concentrations, named as hyperglycaemia, or low glucose level known as hypoglycaemia. Monitoring glucose level is expected to prolong life expectancy as it enables the management of hypo- or hyperglycaemia. Self-monitoring method is most commonly used to check blood glucose level.
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The Americas dominate the diabetes monitors market owing to the presence of patient population, a well-developed technology, high healthcare expenditure, and the presence of the leading players. Due to high prevalence of the condition, companies, private organization, and government associations actively participates to improve diabetes care. For instance, The Merck Foundation provided funding of USD 10,000,000 for the projects designed to improve access to diabetes care and to reduce health disparities for vulnerable populations with type 2 diabetes in the United States.
Europe holds the second position in the diabetes monitors market. It is expected that the support provided by the government bodies for research & development, along with a well-developed technology drives the market in European region. According to the German maternity guidelines, every pregnant women can undergo glucose-challenge test for early diagnosis of Gestational diabetes mellitus (GDM). The charges for the test are completely covered by women’s health insurance.
Asia Pacific region is projected to be the fastest growing region during the forecast period. Increasing need for cost-effective glucose monitoring devices, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.
The Middle East and Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in African region.
Diabetes Monitors Market - Key Players
Panasonic, Abbott Laboratories, Dexcom, Inc., F. Hoffmann-La Roche Ltd, Medtronic, LifeScan, Inc., Sanofi, and others.
The Global Diabetes Monitors Market is segmented on the basis of sample, type, component, and end-users. On the basis of sample, the market is segmented into blood samples, sweat samples, urine samples, and others. On the basis of type, the market is classified into point sample test based glucose monitors, continuous glucose monitors, and enzyme free sensor based glucose monitors. Continuous glucose monitors are further segmented into disposable sensor based CGM, and re-usable sensor based CGM. On the basis of components, the market is classified into lancet, glucose test strips, and sensors. Sensors are further segmented into enzyme-based sensors, and enzyme-free sensors. On the basis of end -users, the market is segmented into diagnostic clinics, hospitals, and home.
Diabetes Monitors Market - Key Findings
The global diabetes monitors market is expected to reach USD 17458.1 million by 2023 at a CAGR of 8.3%.
On the basis of sample, blood sample market is expected to command the largest market share of 75.70% over the review period and it is also expected to grow at the fastest CAGR of 8.6% during the forecast period 2017-2023
The Americas hold the largest share of the diabetes monitors market and is expected to reach USD 6623.4 million by 2023
Asia Pacific is the fastest growing market, which is expected to grow at a CAGR of 8.9% over the 2017-2023
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List of Tables:
TABLE 1 GLOBAL DIABETES MONITORS MARKET,BY SAMPLE USD MILLION 2014-2023 41
TABLE 2 GLOBAL DIABETES MONITOR MARKET FOR BLOOD SAMPLE USD MILLION 2014 – 2023 42
TABLE 3 GLOBAL DIABETES MONITOR MARKET FOR SWEAT SAMPLE USD MILLION 2014 – 2023 43
TABLE 4 GLOBAL DIABETES MONITORS MARKET BY TYPE USD MILLION 2014 - 2023 45
TABLE 5 GLOBAL CONTINUOUS GLUCOSE MONITORS MARKET BY TYPE USD MILLION 2014 – 2023 46
TABLE 6 GLOBAL DIABETES MONITOR MARKET FOR POINT SAMPLE TEST BASED GLUCOSE MONITORS
USD MILLION 2014 – 2023 47
TABLE 7 GLOBAL DIABETES MONITOR MARKET FOR CONTINUOUS GLUCOSE MONITORS
USD MILLION 2014 – 2023 47
TABLE 8 GLOBAL DIABETES MONITOR MARKET FOR ENZYME FREE SENSOR BASED GLUCOSE MONITORS
USD MILLION 2014 – 2023 48
TABLE 9 GLOBAL DIABETES MONITORS MARKET BY COMPONENTS USD MILLION 2014 – 2023 49
TABLE 10 GLOBAL DIABETES MONITORS SENSORS MARKET BY TYPE USD MILLION 2014 – 2023 50
TABLE 11 GLOBAL DIABETES MONITOR MARKET FOR LANCET USD MILLION 2014 – 2023 51
TABLE 12 GLOBAL DIABETES MONITOR MARKET FOR GLUCOSE TEST STRIPS USD MILLION 2014 – 2023 51
TABLE 13 GLOBAL DIABETES MONITOR MARKET FOR SENSORS USD MILLION 2014 – 2023 52
TABLE 14 GLOBAL DIABETES MONITORS MARKET BY END USERS USD MILLION 2014 – 2023 53
TABLE 15 GLOBAL DIABETES MONITOR MARKET FOR DIAGNOSTIC CLINICS USD MILLION 2014 – 2023 54
….CONTINUED
List of Figures:
FIGURE 1 RESEARCH PROCESS 18
FIGURE 2 GLOBAL DIABETES MONITORS MARKET,BY SAMPLE USD MILLION 2016 & 2023 42
FIGURE 3 GLOBAL DIABETES MONITORS MARKET BY TYPE USD MILLION 2016 & 2023 46
FIGURE 4 GLOBAL DIABETES MONITORS MARKET BY COMPONENTS USD MILLION 2016 & 2023 50
FIGURE 5 GLOBAL DIABETES MONITORS MARKET BY END USERS USD MILLION 2016 & 2023 54
FIGURE 6 GLOBAL DIABETES MONITORS MARKET BY REGIONS USD MILLION 2016 & 2023 57
FIGURE 7 AMERICAS DIABETES MONITOR MARKET BY REGION MARKET SHARE 2016 (%) 59
FIGURE 8 EUROPE DIABETES MONITOR MARKET BY REGION MARKET SHARE 2016 (%) 70
FIGURE 9 ASIA PACIFIC DIABETES MONITOR MARKET BY REGION MARKET SHARE 2016 (%) 94
FIGURE 10 MIDDLE EAST & AFRICA DIABETES MONITOR MARKET BY REGION MARKET SHARE 2016 (%) 111
FIGURE 11 GLOBAL DIABETES MONITOR COMPANY MARKET SHARE 2016 (%) 130
CONTINUED…
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