WiseGuyReports.Com Publish a New Market Research Report On –“ Blood Glucose Monitoring Device 2019 Global Market Net Worth US$ 2.61 billion Forecast By 2026”.
Blood Glucose Monitoring Device Market 2019
The Blood Glucose Monitoring Device market is anticipated to reach over USD 2.61 billion by 2026. In 2017, the orthopedic treatment dominated the global Blood Glucose Monitoring Device market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.
The increasing need for home care diagnosis and real time data by the end users to primarily drive the blood glucose monitoring device market during the forecast period. These devices have potential market due to the rising technology advancements in this industry during the forecast period. Moreover, the major supporting factor for this market growth is the number of populations suffering from diabetes. According to the World Health Organization (WHO), approximately there were direct deaths if 1.6 million in 2015, and this number is attributed to rise by 2030 making diabetes the 7th leading cause of death globally.
Furthermore, the changing life style of the people, and rising preference to the sedentary life style to also support the market growth in the coming years. However, lack of awareness, limited use of these devices, and no proper reimbursements regulation by the government would impede the market growth during the forecast period.
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The key players operating in the Blood Glucose Monitoring Device market include Abbott Laboratories, Terumo Corporation, ARKRAY Inc., Medtronic Plc., Acon Laboratories Inc., Roche Diagnostics Ltd., Johnson & Johnson, Novo Nordisk A/S, Becton, Dickinson and Co., Sanofi, Bayer AG, Ypsomed AG. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
As a part of the report, key competencies of key players, and the strategies adopted by them are discussed at length. The geographical presence of each player, country-level analysis, revenue forecast for each segment market share of each player is also provided.
A country-level analysis of the major regions which include North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW) has also been provided in the region. Analysis has been provided with respect to the current market size and future perspective. The report follows the course of developments in the market, such as joint ventures, mergers & acquisitions, partnerships, strategic alliances, research and developments, and new product launches.
The report incorporates exhaustively analyzed data which have acquired through a meticulous research method. Primary and secondary research forms the crux of the research methodology, which helps to gauge the market prospects. Primary research method gathers data through personal interaction with key level industry insiders by means of interviews, questionnaires, surveys, and telephonic calls. Secondary information gathering involves data mining from credible sources available on the internet, such as whitepapers, company websites, annual reports, and other databases. For providing accurate information, collected data is analyzed using proprietary tools. The research framework is robust and adheres to industry-specific standards. Market sizing and estimation is done with the help of top-down and bottom-up approach, which aid in arriving at the final qualitative and quantitative data.
Table Of Contents – Major Key Points
- Overview and Scope
- Executive Summary
- Blood Glucose Monitoring Device Market Insights
- Blood Glucose Monitoring Device Market Size and Forecast by Product Type, 2018-2026
- Blood Glucose Monitoring Device Market Size and Forecast by End Use Type, 2018-2026
- Blood Glucose Monitoring Device Market Size and Forecast by Region, 2018-2026
- Company Profiles
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