Global Self-Monitoring Blood Glucose Strips Market to Grow at a CAGR of 11.80% During the Period 2017-2021

ALBANY, NY, March 22, 2017 : The blood glucose strips market is a part of the SMBG market. The global SMBG devices market is organized and is expected to grow rapidly with the increase in incidence of diabetes across the globe. Vendors are offering SMBG devices that are safe, portable, accurate, and require low power consumption. The availability of innovative and advanced SMBG devices will propel sales of these devices and spur market growth.

Technavios analysts forecast the global self-monitoring blood glucose strips market to grow at a CAGR of 11.80% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global self-monitoring blood glucose strips market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of self-monitoring blood glucose strips.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Self-Monitoring Blood Glucose Strips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Abbott Laboratories
Roche Diagnostics
LifeScan
Medtronic

Other prominent vendors
AgaMatrix
Animas
Becton Dickinson
Beurer
Bioptik Technology
DarioHealth
DexCom
GlySens
Integrity Applications
International Biomedical
Medisana
MediWise
Menarini Diagnostics
Nemaura
Nipro Diagnostics
Nova Biomedical
Owen Mumford
Senseonics
TaiDoc Technology

Market driver
Technological advances in BGM devices requiring test strips
For a full, detailed list, view our report

Market challenge
High cost of blood glucose test strips
For a full, detailed list, view our report

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Market trend
Availability of test strips made from Indian silk
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.