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Europe, Middle East & Africa Blood Glucose Test Strip Market Overview by Trends, Industry Top Manufactures, Size, Industry Growth Analysis & Forecast till 2023

04-17-2018 09:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Europe, Middle East & Africa Blood Glucose Test Strip Market

Europe, Middle East & Africa market share of Blood Glucose Test Strip Market and is expected to grow at the CAGR of 2.8% during forecasted period 2017-2023. Prevalence of Diabetes is rising day by day and to monitor blood glucose levels regularly with glucose monitoring devices is an important part of the diagnosis and treatment of diabetes. People suffering from type 1 or type 2 diabetes can live longer and better lives by means of carefully monitoring and regulating their blood glucose levels. High cost and lack of knowledge in handling such devices are the major restraining factors for the growth of blood glucose test strip market.

Blood glucose test strip are small disposable strips which are used along with blood glucose meter for supervising and controlling diabetes. These strips have Glucose Oxidase, Glucose Dehydrogenase and other types of impregnated on them which reacts with glucose present in blood and helps in identifying the blood glucose level.

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Advances and the development in technology in the European countries has brought the new and innovative devices in the market for monitoring of the glucose level. Also in the Middle East and African market the market is slow growing but in coming it will gain good market as the number of diabetic patients is rising. Simultaneously increase in the number of diabetic patients boosted the demand of such a devices in market. Beside this increase in awareness of healthcare facilities and preventive care also driven the market. The important drivers for the glucose test strip market are convenience of continuous glucose monitoring over conventional monitoring, Increasing awareness and need for early detection of hypo and hyperglycaemic diabetes and technological advances.

Key Players for Europe, Middle East & Africa Blood Glucose Test Strip Market:

Some of the major players in this market are: Abbott, LIFESCAN, Panasonic (Bayer), Omron, Roche Diagnostics, Ascensia Diabetes Care Holdings, Nipro Diagnostics, ARKRAY, I-SENS, Braun, 77 Elektronika, Infopia, Terumo, AgaMatrix, SANNUO, EDAN, Yicheng, Yuwell, ALL Medicus and Hainice Medical

Segments for Europe, Middle East & Africa Blood Glucose Test Strip Market:

Europe, Middle East & Africa Blood Glucose Test Strip Market are segmented, by types, Glucose Oxidase, Glucose Dehydrogenase and Other. On the basis of End User, Hospital, Clinic and Household. On the basis of technology, Wicking technology and Channel technology and on the basis of region, Europe, Middle East and Africa.

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Regional Analysis for Europe, Middle East & Africa Blood Glucose Test Strip Market:

On regional basis, market is segmented into countries of Europe like is Germany, France, Italy, Spain U.K and Rest of Europe. While the other two major segments are Middle East and Africa. European region accounts the largest market due to a huge diabetic population. And adoption of advanced technology for medical devices. European market is the second largest revenue generator after the American market, while Middle East and Africa market witness slower growth.

Some Points from Table Of Contents

1 REPORT PROLOGUE

2 MARKET INTRODUCTION

2.1 INTRODUCTION

2.2 SCOPE OF STUDY

2.3 RESEARCH OBJECTIVE

2.4 ASSUMPTIONS & LIMITATIONS

2.4.1 ASSUMPTIONS

2.4.2 LIMITATIONS

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

4 MARKET DYNAMICS

4.1 DRIVERS

4.1.1 IMPROVING MEDICAL DEVICE REGULATION

4.1.2 GROWING INCIDENCE NUMBER OF DIABETES

4.1.3 INCREASING PREVALENCE OF DISEASES

4.1.4 INCREASING INCLINATION TOWARDS HOME HEALTHCARE

4.2 RESTRAINTS

4.2.1 RISK ASSOCIATED WITH DESIGN, POWER AND SAFETY

5 MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES MODEL

5.1.1 BARGAINING POWER OF SUPPLIERS

5.1.2 BARGAINING POWER OF BUYERS

5.1.3 THREAT OF NEW ENTRANTS

TOC Continued…

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for Global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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