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Technology Evolution on Blood Glucose Meter Market

01-24-2020 02:01 PM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

The global Blood Glucose Meter Market is likely to expand considerably in the coming years due to advent of non-invasive devices. According to a report published by Fortune Business Insights, titled "Blood Glucose Meter: Global Market Analysis, Insights and Forecast, 2019-2026," the market was valued at US$ 7,419.0 Mn in 2018. Fortune Business Insights states that this market is likely to reach US$ 15,415.6 Mn by 2026, thereby exhibiting a CAGR of 9.6%.

The report covers:

o Global Blood Glucose Meter Market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast timeframe.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/blood-glucose-meters-market-100770

Leading Players operating in the Blood Glucose Meter Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o F. Hoffmann-La Roche Ltd
o Dexcom, Inc.
o B. Braun Melsungen AG
o Medtronic
o Lifespan Inc.
o Ascensia Diabetes Care Holdings AG.
o Terumo Medical Corporation
o Abbott
o Sanofi
o DiaMonTech GmbH.

LifeScan and Sanvita Medical Collaborate to Develop Continuous Glucose Monitoring Devices

In May 2019, LifeScan announced that it has reached an agreement with Sanvita Medical for development and marketing of continuous glucose monitoring (CGM) devices. Through this agreement, the company aims at making CGM devices available throughout North America and certain parts of Europe in initial years, with an aim of expanding in other parts of the world in the coming years. The company boasts an attractive product portfolio and its latest addition of CGM devices will bode well for the future business expansion. This partnership will have a positive impact on the global market and is likely to favor growth of the market in the coming years.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/blood-glucose-meters-market-100770

Abbott's Freestyle Libre Flash Glucose Monitoring Device Receives FDA Approval

In 2017, Abbott received clearance from the Food and Drug Administration for its Libre Flash device. The device was approved for patients with type 1 and type 2 diabetes, after a series of successful clinical trials. The blood glucose meter's accuracy is expected to result in huge demand in the coming years. Abbott's latest device is likely to bolster growth of the global Blood Glucose Meter market and is likely to favor growth of the market in the forthcoming years.

Some of the leading companies operating in the global Blood Glucose Meter market are F. Hoffmann-La Roche Ltd, Dexcom, Inc., B. Braun Melsungen AG, Medtronic, Lifespan Inc., Ascensia Diabetes Care Holdings AG., Terumo Medical Corporation, Abbott, Sanofi and DiaMonTech GmbH.

Detailed Table of Content:

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Prevalence And Incidence Of Diabetes, By Key Countries
4.2 Pricing Analysis
4.3 Technological Advancements
4.4 Key Industry Trends
4.5 Recent Industry Developments Such As Mergers & Acquisitions
5. Global Blood Glucose Meters Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast - By Product
5.2.1 Continuous Glucose Monitoring Systems
5.2.2 Self-monitoring Blood Glucose Systems
5.3. Market Analysis, Insights and Forecast - By Function
5.3.1 Invasive
5.3.2 Non-Invasive
5.4 Market Analysis, Insights and Forecast - By Type
5.4.1 Wearable
5.4.2 Non-Wearable
5.5. Market Analysis, Insights and Forecast - By Distribution Channel
5.5.1 Institutional Sales
5.5.1.1 Hospitals
5.5.1.2 Clinics
5.5.1.3 Others
5.5.2 Retail Sales
5.5.2.1 Hospital Pharmacies
5.5.2.2 Retail Pharmacies
5.5.2.3 Online Pharmacies
5.6. Market Analysis, Insights and Forecast - By Region
5.6.1 North America
5.6.2 Europe
5.6.3 Asia Pacific
5.6.4 Latin America
5.6.5 Middle East & Africa
6. North America Blood Glucose Meters Market Analysis, Insights and Forecast, 2015-2026
TOC Continued...!

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
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Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

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