Press release
Global Blood Glucose Sensor Patch Market is projected to garner USD 30.41 billion by 2026: Abbott, Apple Inc., Medtronic, Johnson & Johnson Services, Inc. Ascensia Diabetes Care Holdings AG, Cellnovo, Debiotech S.A., Glooko, Inc, Insulet Corporation
The Global Blood Glucose Sensor Patch Market study combines market modules development conditions and definition. This report analyzes the fluctuation of the CAGR value for the global Blood Glucose Sensor Patch Market in 2019-2026. It also provides all projections of CAGR for the forecast period 2016, 2017 and 2019-2026.Global Blood Glucose Sensor Patch Market is expected to rise from its initial estimated value of USD 13.95 billion in 2018 to an estimated value of USD 30.41 billion by 2026, registering a CAGR of 10.23% in the forecast period of 2019-2026. Increase in the diabetic patient is the major factor for the growth of this market.
Key Developments in the Market: In January 2019, Medtronic collaborated with Eric Lifesciences to launch world’s first smart continuous glucose monitoring system. This will give alerts 10-60 minutes in advance whenever there is high or low blood sugar level. They will be connected to smartphones display for the review of glucose level.
In February 2018, Roche announced the launch of their new glucometer Accu-Chek Instant S. They will provide the accurate results and meets the global ISO standards. It has 9- level target range which will indicate in which range the reading fall.
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Competitive Analysis:
Global blood glucose sensor patch market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of blood glucose sensor patch market for global, Europe, North America, Asia Pacific and South America.
Key Market Competitors:
Few of the major competitors currently working in blood glucose sensor patch market are Abbott, Apple Inc., Ascensia Diabetes Care Holdings AG, Cellnovo, Debiotech S.A., Glooko, Inc., Insulet Corporation, Johnson & Johnson Services, Inc., myDario.com, Medella Health Inc., Medtronic, Nemaura, Novo Nordisk India Pvt. Ltd., Onduo LLC, Pharma Tech Solutions, Inc., F. Hoffmann- La Roche Ltd, Sanofi, Tandem Diabetes Care, Inc.
Market Drivers:
• Increase in obesity and the accompanying increase in Type 2 diabetes.
• Accurate and rapid result is driving the market
Market Restraints:
• Excessive data production is restraining the growth of this market
Table Of Content:
• Part 01: Executive Summary
• Part 02: Scope Of The Report
• Part 03: Global Market Landscape
• Part 04: Global Market Sizing
• Part 05: Global Market Segmentation By Product
• Part 06: Five Forces Analysis
• Part 07: Customer Landscape
• Part 08: Geographic Landscape
• Part 09: Decision Framework
• Part 10: Drivers And Challenges
• Part 11: Market Trends
• Part 12: Vendor Landscape
• Part 13: Vendor Analysis
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Market Segmentation:
• By Component
o Blood Glucose Monitors
o Diabetes Test Strips
o Insulin Durable and Patch Pumps
o Glucose Sensors
o Transmitters & Receivers
• By End- User
o Hospital
o Personal
• By Geography
o North America
US
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
o Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
Market Definition:
Blood glucose sensor is a device which is used to detect the amount of glucose present in the blood. They are very beneficial for the diabetic patient as it help them to know the amount of glucose present and help them to maintain their health as per that. It helps the patient to get the exact details about their health. Usually a device named glucometer is used to measure the glucose in the blood.
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved
Customization of the Report
• All segmentation provided above in this report is represented at country level.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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