Press release
Glucose Monitoring Devices Market - Industry Trends and Forecast to 2028
Glucose Monitoring Devices Market - Industry Trends and Forecast to 2028
Glucose monitoring devices are the type of devices which are used to detect the sugar level in the blood and are of various type such as testing strips, glucose meter and lancets. These devices offer the facility of self-testing by using single glucose meter and different strips.
The rapid rise in the occurrence of diabetes is amongst the important factor expected to intensify the growth and demand of glucose monitoring devices market. In addition, the rapid change in lifestyle with no physical activity and rise in the elderly population, which are prone to diabetes are also expected contributes to the growth in the global market over the forecast period of 2021 to 2028. Also the rise in the awareness of diabetes preventative care and novel product introductions are also likely to enhance the growth of the market. Furthermore, the rapid technological advancements and the rise in the prevalence of obesity are also amongst the significant factors expected to fuel the growth of the glucose monitoring devices market.
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