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Diabetes Monitors Market 2018 | Chiefly Driving Top Leading Players Panasonic, Abbott Laboratories, Dexcom, Inc., F. Hoffmann-La Roche Ltd, Medtronic, LifeScan, Inc., Sanofi, Others etc Detailed Analysis Foreseeing to 2027

June 12th, 2018 Market Research Future Releases

Global Diabetes Monitors Market Research Report By Sample (Blood, Sweat, Urine), Type (Point Sample Test Based Glucose Monitors, CGM, Component (Lancet, Glucose Test Strips, Sensors (Enzyme Based And Enzyme Free Sensors)), End Users -Forecast Till 2023

KEY PLAYERS FOR DIABETES MONITORS MARKET

  • Panasonic
  • Abbott Laboratories
  • Dexcom, Inc.
  • F. Hoffmann-La Roche Ltd
  • Medtronic
  • LifeScan, Inc.
  • Sanofi
  • Others

It is estimated that diabetes monitors market is expected to grow at a CAGR of 8.3% during the forecast period 2017-2023.

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/4781 .

MARKET SCENARIO FOR DIABETES MONITORS MARKET

Diabetes mellitus is a chronic disease resulting from an inadequacy of insulin in the body. The condition causes either elevated blood-glucose concentrations, named as hyperglycaemia, or low glucose level known as hypoglycaemia. Monitoring glucose level is expected to prolong life expectancy as it enables the management of hypo- or hyperglycaemia. Self-monitoring method is most commonly used to check blood glucose level. The method involves sampling blood from a finger or any other body part, to be analyzed with the help of test strips and a glucometer. Although blood remains the most commonly used sample, other biological fluids such as ocular fluid, sweat, breath, interstitial fluid, saliva or urine can also be used as an alternative samples for non-invasive continuous monitoring. As a cure for diabetes is yet to be developed so, managing this condition is the most successful means for its control. Glucose monitoring is used to optimize treatment strategies, and provide an insight to the effect of diet, medications, and exercise on the patient.

Notably, increasing prevalence and incidence of diabetes is the key factor driving the diabetes monitors market. As per the National Diabetes Statistics Report suggested by Centers for Disease Control and Prevention, it is found that 9.4% of the U.S. population i.e. 30.3 million people had diabetes in 2015. The rising prevalence of diabetes in low and middle-income countries appears to be fuelled by nutrition transition, rapid urbanization, and increasingly sedentary lifestyles, suggested by a study published in the journal Pharmacoeconomics in 2015.

Other factors such as, rise in technological innovations, huge research funding in diabetes diagnosis and treatment, rising approval from regulatory bodies, and increasing global prevalence of obesity are also fueling the market growth. According to the Fogarty International Center, National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) and two renowned research agencies of India took an initiative in 2013 to fund a joint diabetes research agenda.

However, stringent reimbursement policies, and high cost associated with diagnosis and treatment of diabetes may hinder the growth of the market over the forecast period. According to a research study published in Journal of Diabetes Science and Technology in 2015, it is found that only a few patients in Germany i.e., <2000 use Continuous glucose monitors(CGM) due to the high costs.

SEGMENTATION FOR DIABETES MONITORS MARKET

  1. The global diabetes monitors market is segmented on the basis of sample, type, component, and end-users.
  2. On the basis of sample, the market is segmented into blood samples, sweat samples, urine samples, and others.
  3. On the basis of type, the market is classified into point sample test based glucose monitors, continuous glucose monitors, and enzyme free sensor based glucose monitors. Continuous glucose monitors are further segmented into disposable sensor based CGM, and re-usable sensor based CGM.
  4. On the basis of components, the market is classified into lancet, glucose test strips, and sensors. Sensors are further segmented into enzyme-based sensors, and enzyme-free sensors
  5. On the basis of end -users, the market is segmented into diagnostic clinics, hospitals, and home.

REGIONAL ANALYSIS FOR DIABETES MONITORS MARKET

The Americas dominate the diabetes monitors market owing to the presence of patient population, a well-developed technology, high healthcare expenditure, and the presence of the leading players. Due to high prevalence of the condition, companies, private organization, and government associations actively participates to improve diabetes care. For instance, The Merck Foundation provided funding of USD 10,000,000 for the projects designed to improve access to diabetes care and to reduce health disparities for vulnerable populations with type 2 diabetes in the United States.

Europe holds the second position in the diabetes monitors market. It is expected that the support provided by the government bodies for research & development, along with a well-developed technology drives the market in European region. According to the German maternity guidelines, every pregnant women can undergo glucose-challenge test for early diagnosis of Gestational diabetes mellitus (GDM). The charges for the test are completely covered by women’s health insurance.

Asia Pacific region is projected to be the fastest growing region during the forecast period. Increasing need for cost-effective glucose monitoring devices, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.

The Middle East and Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in African region.

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MAJOR TOC FOR DIABETES MONITORS MARKET RESEARCH REPORT- GLOBAL FORECAST TILL 2023

CHAPTER 1.  REPORT PROLOGUE

    1. Introduction

CHAPTER 2. INTRODUCTION

2.1 Research Objective

2.2 Assumptions & Limitations

2.2.1 Assumptions

2.2.2 Limitations

2.3 Market Structure

CHAPTER 3. RESEARCH METHODOLOGY

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.4.1 Trade Analysis

3.4.2 Market Pricing Approach

CHAPTER 4. MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1 Increasing Prevalence and Incidence of Diabetes M0ellitus (DM)

(Impact Weightage-35%)

4.2.2 Rise in Technological Innovations (Impact Weightage-30 %¬)

4.2.3 Research Funding In Diabetes Diagnosis and Treatment

(Impact Weightage-15% ¬)

4.2.4 Rising Awareness and Screening for Diabetes Mellitus

(Impact Weightage-20 %¬)

4.3 Restraints

4.3.1 Stringent Reimbursement and Insurance Policies in Developing Nations,

Can Hamper the Market Growth in Coming Future (Impact Weightage-35 %¬)

4.3.2 High Cost Associated With Diagnosis and Treatment of Diabetes

(Impact Weightage-65 %¬)

4.4 Opportunities

4.4.1 Technologically Advanced Products in the Pipeline

4.4.2 Rise in Global Obesity Population

4.4.3 Macroeconomic Indicators

LIST BY TABLES

TABLE 1 GLOBAL DIABETES MONITORS MARKET, BY SAMPLE USD MILLION 2014-2023

TABLE 2 GLOBAL DIABETES MONITOR MARKET FOR BLOOD SAMPLE USD MILLION 2014 – 2023

TABLE 3 GLOBAL DIABETES MONITOR MARKET FOR SWEAT SAMPLE USD MILLION 2014 – 2023

TABLE 4 GLOBAL DIABETES MONITORS MARKET BY TYPE USD MILLION 2014 – 2023

LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 GLOBAL DIABETES MONITORS MARKET, BY SAMPLE USD MILLION 2016 & 2023

FIGURE 3 GLOBAL DIABETES MONITORS MARKET BY TYPE USD MILLION 2016 & 2023

FIGURE 4 GLOBAL DIABETES MONITORS MARKET BY COMPONENTS USD MILLION 2016 & 2023

TOC CONTINUED…..

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