Unprecedented Market Exits a Reality Check for Measuring Glucose Noninvasively

(Amherst, NH) – Very few medical device markets can claim to exceed noninvasive glucose monitors (NGM) for marketing hype, product pronouncements and unkept promises. Fueled by patient enthusiasm and investor amnesia, this market has survived a long string of missed deadlines, perpetually postponed milestones and re-designed web sites. Along the way, one by one most participants have become casualties. In the ten years since we first began to track noninvasive glucose measurement technology, only one company remains active in this segment.

While many of the underlying technologies needed to successfully create a new class of analyte monitors have improved significantly – signal-to-noise ratios, novel optical techniques, and sensor stability to name a few - the complexities of measuring glucose levels noninvasively have not been mastered. As a group, the handful of techniques and companies that comprise the current NGM marketspace are less complicated and more restrained. They also tend to have two things that every savvy medical device investor insists on – patents and clinical trial activity.

We expect the current crop of NGM products to yield two, and possibly three, commercial devices over the next six years. Success will be real but gradual, with total revenue in 2024 equivalent to slightly less than one percent of the total global glucose measurement market.

More information is available at www.greystoneassociates.org .

Contact:

Mark Smith
Voice: 603-595-4340
www.greystoneassociates.org

Source: Greystone Research Associates

About Greystone

Greystone Research Associates is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets

Contact:

Mark Smith
Greystone Research Associates
98 Route 101A
Amherst, NH 03031
Voice: 603-595-4340
www.greystoneassociates.org

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