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Covid-19 Updates : Blood Glucose Monitoring System Market May Set New Growth Story in 2020 | Global Players - PHC Holdings Corporation, Dexcom Inc., Ypsomed, B. Braun Melsungen AG, NIPRO, Sanofi, ARKRAY Inc.
Blood Glucose Monitoring System Market
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Not to mention, the data included in this Blood Glucose Monitoring System market document is collected only from the trustworthy sources such as journals, newspapers, company websites and annual reports of the companies on which businesses can rely confidently. Other data models used for the research methodology are vendor positioning grid, market time line analysis, market overview & guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis & vendor share analysis. The studies related to competitor analysis in this Blood Glucose Monitoring System market document keeps competitive landscape clearly into focus with which businesses can decide or advance their own strategies to thrive in the market.
The Global Blood Glucose Monitoring System Market is expected to rise from its initial estimated value of USD 13.9 billion in 2018 to an estimated value of USD 22.3 billion by 2026, registering a CAGR of 6.0% in the forecast period of 2019-2026 due to the rising diabetic population and increasing prevalence of innovative testing methods.
Few of the major competitors currently working in the blood glucose monitoring system market are Medtronic, Abbott, F. Hoffmann-La Roche Ltd, Johnson & Johnson Services Inc., PHC Holdings Corporation, Dexcom Inc., Ypsomed, B. Braun Melsungen AG, NIPRO, Sanofi, ARKRAY Inc., Prodigy Diabetes Care LLC., ACON Laboratories Inc., Nova Biomedical, Bayer AG, BD, Roper Technologies Inc., TERUMO CORPORATION, and Novo Nordisk A/S.
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Market Definition: Global Blood Glucose Monitoring System Market
Blood glucose monitoring systems are diagnostics systems that are very important for the care and treatment of diabetes, it is used to measure and monitor the levels of blood sugar in the patients. With the rising prevalence of diabetes and diabetic population across the regions, the importance of blood glucose monitoring system’s demand is very high. These systems usually take blood samples, but with rising innovation and advancements in technology, even blood testing is considered traditional and sensors are deployed for continuous monitoring.
Key Developments in the Blood Glucose Monitoring System Market:
In March, 2018 Medtronic received FDA approval for its continuous glucose monitoring system in people with diabetes aged between 14-75 years, called Guardian Connect.
In September, 2017 Abbott received approval from FDA for FreeStyle Libre Flash its revolutionary blood glucose monitoring device that didn’t require finger pricking, instead it required a sensor to be worn underneath the skin that could be used for 10 days and for continuous monitoring.
Segmentation: Global Blood Glucose Monitoring System Market
Blood Glucose Monitoring System Market : By Product
Self-Monitoring
Continuous
Blood Glucose Monitoring System Market : By Testing Site
Fingertip
Alternate Site
Blood Glucose Monitoring System Market : By Patient Care Setting
Self/Home Care
Hospital
Clinics
Blood Glucose Monitoring System Market : By Application
Type 2 Diabetes
Type 1 Diabetes
Gestational Diabetes
Blood Glucose Monitoring System Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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