Press release
Blood Glucose Meters Market 2020, Industry Trends, Revenue Growth, Key Players Till 2030 | Covid 19 Impact And Recovery
The Business Research Company offers "Blood Glucose Meters Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global blood glucose meters market is expected to decline from $3.5 billion in 2019 to $2.8 billion in 2020 at a compound annual growth rate (CAGR) of -19.2%. The decline is mainly because of worldwide supply and demand mismatches of resources due to the COVID-19 outbreak. There is an inadequate production of medical devices due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 6.6% from 2021 and reach $4.5 billion in 2023.
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The blood glucose meters market consists of sales of blood glucose meters that are used to measure and display the amount of sugar (glucose) in the blood.
The blood glucose meters market growth is restricted due to lack of awareness of diabetes. Hypo unawareness is a common term used to describe the people who have diabetes, especially type 1 diabetes, it is very difficult to notice when they have low blood glucose, hypoglycemia. Such lack of awareness of diabetes and its effects reduces the regular monitoring or check-ups relating to diabetes.
Blood Glucose Meters Market Segmentation:
By Product type
1.Electrode Type Blood Glucose Meter
2.Photoelectric Blood Glucose Meter
By End User
1.Hospitals
2.Home Care
By Application
1.Type 1 Diabetes
2.Type 2 Diabetes
3.Gestational Diabetes
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Few Points From Table Of Content
1. Executive Summary
2. Blood Glucose Meters Market Characteristics
3. Blood Glucose Meters Market Size And Growth
4. Blood Glucose Meters Market Segmentation
5. Blood Glucose Meters Market Regional And Country Analysis
....
25. Blood Glucose Meters Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Blood Glucose Meters Market
27. Blood Glucose Meters Market Trends And Strategies
28. Blood Glucose Meters Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the blood glucose meters market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the blood glucose meters market are Abbott, Roche, Medtronics, Ascensia, Dexcom, Johnson & Johnson, Arkray, Acon, LifeScan, Agamatrix Inc, Trivida, Medisana, Bayer AG
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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