Blood Glucose Monitoring Market Trending in Europe, the Middle East, and Africa Region by Arkay Inc., Bayer Healthcare, LifeScan, Nipro Diagnostics and More

The blood glucose monitoring market is one of the rapidly growing markets across the globe owing to a huge growth in the incidence of diabetes. Complete cure for diabetes is not available in the market. Regularly monitoring of glucose level is important to avoid further complications. Furthermore, increasing cases of diabetic patients and the introduction of new technology have boosted the blood glucose monitoring market. Additionally, factor such as increasing awareness and need of monitoring diseases help in boosting the market growth. However, high cost associated with monitoring and diagnosis of disease may restrain the market growth.

The Europe, the Middle East, and Africa Blood Glucose Monitoring Market is expected to grow at a CAGR of 6% during the forecast period 2017-2023.

According to the American Diabetes Association, the blood glucose levels for an adult without diabetes is below 100 mg/dl before meals and fasting, and is less than 140 mg/dl two hours after a meal.

Blood Glucose monitoring devices market is expected to grow at a CAGR of 6% during the forecast period 2017-2023. Increasing diabetic patient in the Europe has increased the blood glucose monitoring devices market. Different types of glucose monitoring devices are available in the market such as blood glucose meter, continuous glucose monitoring system, Lancets, glucose monitoring strips, and others. Self-monitoring devices are the oldest method for monitoring blood glucose level and are widely used in home, hospital, and clinics.

Key Players

Some of the key players in this market are Abbott Laboratories (US), Arkay Inc. (Japan), Bayer Healthcare AG, (Germany), F.Hoffmann-La Roche (Switzerland), LifeScan, Johnson & Johnson (U.S.), Medtronic plc., Nipro Diagnostics Inc., and Terumo Medical Corporation.

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Regional Analysis

Europe, Middle East, and Africa (EMEA) blood glucose monitoring market are segmented into two important regions- Europe and the Middle East and Africa. Europe is the biggest market in glucose monitoring. Due to increase in the number of the diabetic patients. According to WHO, in 2016, around 10%-12% of the European population is having diabetes owing to increasing trends towards overweight and obesity, unhealthy diets, physical inactivity, and socioeconomic disadvantage. Increasing the awareness among the people is adding fuel to the market growth.

The Middle East and Africa hold the least share of the market owing to poor political conditions in Africa. The Middle East holds the major share of the Middle East & Africa region due to the presence of well-developed countries. Whereas, African region is expecting a healthy growth due to the presence of a huge opportunity for the development of the market.

Brief TOC

1 Report Prologue
2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3 Research Methodology

3.1 Introduction

3.2 Primary Research

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3.3 Secondary research

3.4 Market Size Estimation

4 Market Dynamics

…TOC Continued

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