Press release
Diabetes Care Devices Market Explores Present Industry Situations, Market Needs, Business Strategies and the Growth Condition
Diabetes care devices help patients manage their blood glucose levels due to inappropriate insulin production or insulin resistance. The diabetes management device market in Brazil, Russia, India and China (BRIC) countries is on the rise with increasing BRIC countries, particularly the fat population, increased R & D activity for diabetes, and cooperation and funding to support diabetes. Research. However, the tremendous cost of using diabetes care equipment, irregular reimbursement, the presence of cost-effective alternative therapies, and the lack of diabetes awareness can hinder market growth.Large, untapped markets have a great potential for growth in diabetes management devices, and favorable government policies are creating growth opportunities in this market. Price pressures facing global players are a key market challenge.
The report breaks down the BRIC diabetes care device market on the basis of type and country. Depending on the type, the market is divided into blood glucose monitoring devices and insulin delivery devices. Blood glucose monitoring devices are classified as test strips, self-monitoring blood glucose meters, lancets, continuous glucose monitors and others. The insulin supply is subdivided into insulin syringes, insulin pens, insulin pumps and insulin jet injectors. Countries are divided into Brazil, Russia, China and India.
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Key market players are
• Becton, Dickinson and Company (U.S.)
• Roche Diagnostics Ltd. (Switzerland)
• Johnson and Johnson (U.S.)
• Bayer AG (Germany)
• Abbott Laboratories (U.S.)
• Acon Laboratories, Inc. (U.S.)
• Ypsomed AG (Switzerland)
• Novo Nordisk A/S (Denmark)
• Medtronic Plc. (Ireland)
• ARKRAY Inc. (Japan)
• Terumo Corporation (Japan)
• Dexcom, Inc. (U.S.)
• Sanofi (France).
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Key Benefits
• The report provides a comprehensive analysis of current & future market trends, key market challenges and emerging avenues for the growth of this market globally.
• The report offers latest technological innovations and the recent R&D developments.
• The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
• This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
• The report offers detailed segmentation and analyzes the key segments in terms of market size by value and volume and country-level analysis to provide an in-depth understanding of the market.
• Porters Five Forces analysis is offered in the report along with highlighting bargaining power of buyers and suppliers.
• The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
• The report offers information on the status of new projects along with offering investment feasibility analysis of the same.
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