Massive Growth of Glucose Monitoring Devices Market 2020-2026 | Top Growing Companies - 77 Elektronika Kft., Abbott, Biotronik, GE Healthcare, Compass, GlySens Incorporated, Novo Nordisk, Nemaura., PHC Holdings, Beurer, ACON Laboratories

This Glucose Monitoring Devices market document underlines the market growth during the forecast period 2020-2026. The segmental analysis provided in this report is based on significant factors such as market share, market size, consumption, production & growth rate of the market segments studied. This industry analysis report gives idea about the sub-market that will make significant contribution to the market. It takes into account top factors which are impacting the growth of the market. The report studies developed as well as developing regional markets entirely to help market players identify profit-making opportunities in diverse regions and countries.

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This market analysis document offers a deeper analysis of the latest and future trends of the global Glucose Monitoring Devices market. Readers of the report are also provided with far-reaching geographical analysis to provide a clear understanding of the regional growth of the market. Market players can use this analysis to gain a competitive advantage over their competitors. Glucose Monitoring Devices market document covers all the key regions and countries for studying market parameters. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions & compare the growth of all regional markets.

Market Analysis: Europe Glucose Monitoring Devices Market

Europe glucose monitoring devices market is registering a substantial CAGR in the forecast period of 2019-2026. This rise in the market can be attributed to the Growing occurrence of diabetes, increasing awareness about the self-management of diabetes and quickly fluctuating regulatory policies and beneficial investment policies.

Key Market Competitors:

Few of the major market competitors currently working in the Europe Glucose Monitoring Devices Market are diamontech GmbH, 77 Elektronika Kft., Abbott. , OrSense - non-invasive technologies, GlySens Incorporated, Novo Nordisk A/S, Nemaura., PHC Holdings Corporation, Beurer, ACON Laboratories, Inc., A. Menarini Diagnostics s.r.l, AgaMatrix, Dexcom, Inc., Ascensia Diabetes Care Holdings AG, HemoCue AB, among others.

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Market Definition: Europe Glucose Monitoring Devices Market

The glucose monitoring keeps the track of the blood glucose levels and helps to make balance between the food and exercise. It tracks and measures the glucose levels and the readings are derived into the data for keeping the track and take decisions regarding dosage, diet and exercise. Due to changing blood sugar levels it has become necessary to track it regularly. The glucose monitoring devices are available at the pharmacy sores and online stores. The device consist lancet to prick the figure a machine and bandages to stop the blood. It is widely being used in the hospitals a well as people use it at homes.

Market Drivers:

Growing occurrence of diabetes is driving the growth of the market

Increasing awareness about the self-management of diabetes is contributing to the growth of the market

Quickly fluctuating regulatory policies and beneficial investment policies is boosting the growth of the market

The level of accuracy of the test result, medication and consultation is guiding the development of the business

Market Restraints:

Strict regulation of glucose monitoring devices by regulatory organizations, like FDA, is restricting the growth of the market

High cost associated with the frequent blood glucose tests is hindering the growth of the market

Rapid technological advancement in Glucose Monitoring devices is hampering the growth of the market

Segmentation: Europe Glucose Monitoring Devices Market

By Product:

Self-Monitoring Blood Glucose Devices

Glucose Strips

Glucose Meter

Lancets

Continuous Glucose Monitoring Devices

By End-Users:

Hospital and Clinics

Diagnostic Centers

Home Healthcare

By Distribution Channels:

Retail

Specialty Stores

Drug Stores/Pharmacies

Online

By Country:

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Key Developments in the Market:

In September 2019, Medtronic has confirmed that the Envision Pro continuous glucose monitoring system has been given CE Mark clearance and will start to be commercialized in the Middle East and in Europe this fall. The Envision Pro CGM was built to provide track events, blinded glucose levels and to collect information for doctors to assess therapies. Glucose data is collected by the CGM to generate up to five medical reports, including the Trend Snapshot, which is designed to identify patterns in high and low levels of sugar and their association with diet, medicine, exercise and sleep.

In May 2019, Nemaura Medical, Inc., a medical technology company focusing on the creation of SugarBEAT as a non-invasive, inexpensive and portable Continuous Glucose Monitor (CGM) for diabetic andpre-diabetic use, today announced that it has obtained CE Mark clearance for SugarBEAT. With this authorization, Nemaura is allowed to start sales of SugarBEAT throughout the European Union.

Competitive Analysis:

Europe Glucose Monitoring Devices 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 glucose monitoring devices market for Europe

Research Methodology: Europe Glucose Monitoring Devices Market:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents:

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report:

Current and future of Europe Glucose Monitoring Devices Market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

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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