Press release
Glucose Monitoring Devices Market market was valued at around 10.5 billion and expected to register CAGR of 9.8% in the forecast period 2021-2026.
Glucose Monitoring Devices Market 2021As per the WHO, rising incidences of diabetes is one of the important driver’s for glucose monitoring devices market. According to International Diabetes Federation (IDF), in 2015, it was estimated approximately 415 million people suffered from diabetes globally, with 90% of the cases of type 2 diabetes, representing 8.3% of the adult population. In 2014, global economic cost of diabetes was estimated to be USD 612 billion. In addition, research & development initiatives, technological advancements, and improved healthcare facilities are key factors fueling the growth of the market. Changing lifestyle and increasing adoption of fast food has resulted in the high prevalence of obesity is expected to fuel the growth of the market on account of increasing prevalence of diabetic patient.
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The Major Manufacturers Covered in this Report:
Life scan Inc., Becton, Dickinson and Co., Terumo Corporation, Acon Laboratories Inc., Roche Diagnostics Ltd., Johnson & Johnson, ARKRAY Inc., Novo Nordisk A/S, Medtronic, Abbott Laboratories, Bayer AG, Ypsomed AG, and Sanofi and more...
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Market Segmentation:
By Product
Blood Glucose Monitors
Single Point Blood Glucose Meters
Continuous Glucose Monitoring Systems
Sensors
Transmitter and Receivers
External Monitor
Glucose Monitoring Strips
Lancets
By Application
Hospitals and Clinics
Diagnostic Centers
Home Settings
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Glucose Monitoring Devices Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Glucose Monitoring Devices Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Glucose Monitoring Devices Market sub-markets, depending on key regions (various vital states).
To analyze the Global Glucose Monitoring Devices Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Glucose Monitoring Devices Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Glucose Monitoring Devices Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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