Europe Diabetes Care Devices Market to grow at a CAGR of 5.38% during 2015 to 2020

According to the report Europe Diabetes Care Devices Market, published by Market Data Forecast, The Market has been estimated at USD 4.616 billion in 2015 and is projected to reach USD 5.999 billion by 2020, at a CAGR of 5.38% during the forecast period from 2015 to 2020.

Diabetes is a group of metabolic disorders, chronic condition which is associated with abnormally high level of sugar (glucose) in the blood. Europe currently witnesses 59.8 million people affected with Diabetes which is going to reach 71.1 million by 2040.

Browse market data tables and in-depth TOC of the Europe Diabetes Care Devices Market to 2020 @ http://www.marketdataforecast.com/market-reports/europe-diabetes-care-devices-market-106/

In Europe, the market is driven by a sudden rise in the number of people affected with diabetes and with high investments in R & D. Also, with an increasing awareness among the patients, there is quite a hike in the demand for diabetes care devices. Due to the reimbursement and patent expiry issues, the market growth in Europe is constrained. Rules governing healthcare reimbursement keeps changing frequently, with government payers sometimes changing on a day-to-day basis. This complexity can make it very difficult for practices to understand payer rules, keep up with changes to those rules. With such problems prevalent, there is a high risk of losing customers due to which there could be a significant drop in the market growth in Europe.

Europe Diabetes Care Devices Market: Segmentation
By Type
Glucose Monitoring Devices
• Self Blood Glucose Monitoring Devices
o Glucose Meters
o Test strips
o Lancets
o Hemoglobin A1C testing Kits
• Continuous Glucose Monitoring Devices
Insulin Delivery Systems
• Insulin Syringes
• Insulin Pens
• Insulin Pumps
• Jet Injectors
Control Solutions

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/europe-diabetes-care-devices-market-106/request-sample

Geographically, Europe is divide into Germany, UK, France, Italy and Rest of Europe. It is the second largest market share contributor in the world following North America, with a number of market revenue creating companies based in Europe. The REACTION project in Europe, aims to address new care models for diabetes management through various clinical applications, such as monitoring of vital signs, feedback provision to the point of care, integrative risk assessment, event, and alarm handling. With such projects already in progress, there is a lot of scope for market growth in this region. Government policies and subsidies play a vital role in the growth of the market. With the increasing policies, there is a significant rise in the investments on the devices by the companies, due to which there is a commendable growth in the European Diabetes Care Devices market.

Roche Diagnostics, Ascensia, Abbott Laboratories, Novo Nordisk, Johnson & Johnson, Tandem and Terumo are the top companies in European Diabetes Care Devices Market.

Inquire before buying @ http://www.marketdataforecast.com/market-reports/europe-diabetes-care-devices-market-106/inquire

Reasons to buy Europe Diabetes Care Devices Market Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Avail discount @ http://www.marketdataforecast.com/market-reports/europe-diabetes-care-devices-market-106/request-discount

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases

Market Data Forecast, Inc.
502, kakatiya's empire,
Jubilee Gardens,
Hyderabad, India.

This release was published on openPR.