openPR Logo
Press release

Blood Glucose Monitoring Devices Market Witnessing Rapid Growth

07-05-2017 11:46 AM CET | Health & Medicine

Press release from: SA-BRC

Blood Glucose Monitoring Devices Market Witnessing Rapid

Blood glucose monitoring devices market has been witnessing rapid growth owing to high diabetes prevalence globally. The market is being replenished with innovative wearable devices that can continuously track glucose levels and also maintain historic data for detailed analysis. Glucose monitoring devices help in monitoring glucose levels at home, without visits to diagnostic laboratories and doctors. This avoids delay in identifying alarming conditions and allows patients to take necessary medical help to avoid complications. Low cost, easy to use and accurate results are some of the device merits assisting swift growth across the globe.

Global prevalence and increasing cost of diabetes diagnosis and treatment has created an alarming condition. Diabetes prevalence is not only increasing in developed regions, but also in developing and under developed regions. India is considered as the diabetes capital and has highest diabetes prevalence. Currently more than 50 million individuals in the country are diagnosed with type 2 diabetes. Statistics published by the World health Organization (WHO) also state that over 80% of the diabetes mortalities occur in low and middle income economies. However age wise distribution reveals that North America and Europe region has higher density of childhood diabetes (age group 0-14 years). Finland has highest childhood diabetes prevalence of 62% per 100,000 children. International Diabetes Federation states that low and middle income economies also have higher percentage of undiagnosed diabetes cases. 67% diabetes patients in Africa and 52% patients in South East Asia remain undiagnosed.

Request Free Report Sample@

Considering such wide spread prevalence of diabetes across varied age groups, various companies have introduced blood glucose monitoring products. Continuous glucose monitoring (CGM) consists of a sensor that checks glucose levels in tissue fluids. This information is sent through wireless technology to an external device or a smartphone for data visualization and analysis. Although these devices are more expensive than conventional blood glucose monitoring devices, the device is becoming popular among patients with severe diabetes. Results produced by CGM devices are less accurate and the patient must confirm accurate glucose level using other methods. This adds to patient inconvenience and to cost of overall diagnosis.

Asia Pacific stands out as the most prominent market from the geography point of view. High diabetes population, increasing awareness about blood glucose monitoring devices, and adoption of active life style by diabetes patients are some of the key drivers for the blood glucose monitoring devices market in this region. The global blood glucose monitoring devices market is segmented into conventional blood glucose monitors, continuous blood glucose monitors, strips and lancets. Key players identified in the market include Abbott, Dexcom, Medtronic, AgaMatric, Ascensia Diabetes Care, B. Braun, LifeScan, Nipro Diagnostics, Roche, Sanofi, and various others.

Request For TOC@

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Contact Us
John Whitmore
Office No. 14,
Hermes Kunj, Mangaldas Road,
Pune, 411001
Phone: +91-02041210872

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Blood Glucose Monitoring Devices Market Witnessing Rapid Growth here

News-ID: 609459 • Views: 559

More Releases from SA-BRC

Biochip Market Analysis by Application and Trend 2017-2021
Biochips allow simultaneous testing of higher number of analytes to achieve high throughput and low cost per test. Nanotechnology has helped in miniaturization of devices to achieve higher performance standards. Microarrays are most important part of biochips which send signals to the biochip to deliver end results. Microfluidic biochips have become modern alternative to routine laboratories. Microfluidic technology which enables controlling flow of liquids in micro and pico quantities has
Acute Myeloid Leukemia Therapeutics Market Share, Analysis and Segments 2017-202 …
Acute myeloid leukemia is a cancer of blood cells and involves proliferation of abnormal blood cell types and subsequent replacement of bone marrow with cancerous cells. Major leukemia types include myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia, megakaryocytic. Treatment of leukemia mainly depends on the type of leukemia and stage. Acute myeloid leukemia therapeutics market is rich with branded as well as generic drugs classified under various classes including antineoplastic agents, corticosteroids, tyrosine
Companion Diagnostics Market Share, Trends Analysis: 2017-2021
Companion diagnostics has revolutionized cancer therapeutics and enabled physicians to select specific treatment pattern from of myriad of drugs for cancer treatment. This has improved treatment outcome manyfold and has now become and indispensable part of personalized medicine. The companion diagnostics market received great attention post success of Herceptin (trastuzumab) and Gleevec (imatinib). Rapid adoption of companion diagnostics and supportive regulatory agencies have encouraged researchers to seek molecules that target
North America and Europe Bionic Eye Market Segment Analysis And Forecast: 2017-2 …
Sudden surge in bionic eye market was experienced recently after the National Health Service (NHS) announced the sponsorship to implant bionic eyes in ten patients. The bionic eye can help regain vision in individuals with visual impairment. Although currently two bionic eye systems has received regulatory approvals, other companies in the bionic eye market are also trying to develop new technology that can help in regaining visual sense in patients. The

All 5 Releases

More Releases for Device

Walking Assist Device
The Walking Assist Device Market 2018 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Walking Assist Devicese industry. First, " Walking Assist Devicese Industry 2018" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Walking Assist Devicese industry chain structure. Walking Assist Device Market Top Players Honda Motor Co., Ltd., Permobil
Molded Interconnect Device Market
Molded Interconnect Device Market-Global Industry Analysis and Forecast (2018-2026) by Process, Product Type, End-user application and geography Molded Interconnect Device Market was valued US$ 300 Mn in 2017 and is expected to reach US$ 890.5 Mn by 2026 at a CAGR of 14.57% during forecast period. Molded Interconnect Device market is segmented by process, product, end-user application and region. Increasing demand in electrical and mechanical application, rising use of Molded Interconnect Device
Medical Device Technologies Market - The Evolution of Medical Device Technologie …
The global medical device technologies market is anticipated to be boosted by various well-known players in the market. Some of these players that are dealing with the manufacturing of in vitro diagnostic devices hold a significant share in the global market. Whereas, the small market players are emerging from several developing nations, looking to set their foot in the market. Such measures are foreseen to change the market scenario in
Timing Device Market
Asia Pacific traffic sensor market is expected to hold the majority share due to the adoption of technologically-advanced systems. Growing urban population and the increasing need for real-time information systems in the region will propel the traffic sensor market growth. Growing urban population in countries including India, China, Japan, and South Korea is increasing the strain on the traffic management solutions. This is encouraging the governments to invest increasingly in
Neurorehabilitation Devices - MIME Robotic Device
Bioness Inc., Bionik Laboratories Corp., Bioxtreme, Denecor, Ectron Ltd., Ekso Bionics, Helius Medical Technologies, Hocoma AG, MagVenture A/S, Medtronic, Neuro Style, Rehab-Robotics Company Limited, Rehabtronics Inc, St Jude Medical Inc., Tyromotion are some of the prominent players at the forefront of competition in the global Neurorehabilitation Devices Market and are profiled in MRFR Analysis. Global Neurorehabilitation Devices Market - Overview The neurorehabilitation devices market is growing with the rapid pace. According
Global Medical Device Connectivity Market
Global Medical Device Connectivity Market, By Type (Integration Software, Connectivity Hardware (Wired, Wireless (Wi-Fi, WMTS, Bluetooth), By Applications (Electronic Medical Record, Patient Monitoring, Others), By End-User (Hospitals, Community Healthcare, Clinics, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2024 The Global Medical Device Connectivity Market has accounted for USD 5.7 billion in 2016 and is expected to reach