Blood Ketone Meter Market over the forecast 2019-2027 | APEX BIOTECHNOLOGY CORP, Abbott, Biosense Technologies Private Limited, PortaCheck Inc., Taidoc Technology Corporation

Ketones are produced by the body by breaking down fats, and the process is known as ketosis. The body produces ketones when there is an insufficient supply of sugar in the cells due to low level of insulin. Hence, the body starts breaking down fat to provide ketones as an alternative source of energy to sugar. Ketosis also leads to weight loss and other benefits such as appetite control and improves heart health by reducing cholesterol.

Increasing incidence of diabetes coupled with growing cases of diabetic ketoacidosis due to diabetes are expected to drive the blood ketone meter market growth. For instance, according to the International Diabetes Federation report, 2019, around 463 million adults of age group 20 to 79 years were suffering from diabetes worldwide in 2019 and is estimated to reach 700 million by 2045. According to the Centers for Disease Control and Prevention (CDC), March 2018, around 30 per 1,000 patients, were hospitalized due to diabetic ketoacidosis in the U.S. during 2009 to 2014.

Get Free Sample Report + All Related Graphs & Charts @ https://www.coherentmarketinsights.com/insight/request-sample/3498

Moreover, several launches and approvals of new blood ketone meters are also expected to boost growth of the blood ketone meter market over the forecast period. For instance, in January 2019, Apex Biotechnology Corp received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for KetoCoach Blood Ketone Monitoring System, a device used to measure the ketone levels in the blood.

For instance, in March 2019, Keto Mojo, a blood glucose and ketone testing meters manufacturing company, entered into a collaboration with Heads Up Health—a software company for personal health data analytics—in order to develop Keto-Mojo App which can be synced with the ketone meter. The integration will help users to keep a constant check on their health profile.

For instance, in July 2016, ACON Laboratories, Inc. launched CentriVet GK Blood Glucose & Ketone Monitoring System which is designed for veterinary use. The veterinary clinics, emergency animal hospitals, farms, and animal caregivers can use the CentriVet GK Blood Glucose & Ketone Monitoring System to check the blood ketone and blood glucose levels in animals.

Global Blood Ketone Meter Market – Taxonomy

On the basis of application, the global blood ketone meter market is segmented into:

Human
Veterinary
On the basis of distribution channel, the global blood ketone meter market is segmented into:

Hospital Pharmacies
Retail Pharmacies
Others
On the basis of region, the global blood ketone meter market is segmented into:

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

Buy this research report @ https://www.coherentmarketinsights.com/insight/buy-now/3498

Key players operating in the global blood ketone meter market include Biosense, PortaCheck Inc., Apex Biotechnology Corp, Abbott Laboratories, Taidoc Technology Corporation, Stanbio Laboratory, L.P, ACON Laboratories, Inc., and EKF Diagnostics.

Coherent Market Insights 1001 4th Ave,
#3200 Seattle, WA 98154,U.S.
Phone: US +1-206-701-6702/UK +44-020 8133 4027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.