Blood Glucose Meters Market 2020 Global Industry Trends, Size, Share Analysis to 2026 is latest report published on “Global Blood Glucose Meters Market” by Fortune Business Insights. According to this report Global Blood Glucose Meters Market will rise from Covid-19 crisis at moderate growth rate during 2020 to 2026. Report segments comprehensive information about Blood Glucose Meters Market By Device (Continuous Blood Glucose Monitoring Systems, Self-monitoring of Blood Glucose Systems), By Type (Invasive, Non-invasive), By Modality (Wearable, Non-wearable), By Distribution Channel (Institutional Sales, Retail Sales), and Regional Forecast 2019-2026.
Some of the companies operating the industry are:
- Hoffmann-La Roche Ltd.
- Abbott
- Ascensia Diabetes Care Holdings AG
- Dexcom, Inc.
- Medtronic
- Braun Melsungen AG
- Lifescan Inc.
- Terumo Medical Corporation
- DiamonTech GmbH.
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Blood Glucose Meters Market Analysis From 2020 To 2026:
The global Blood Glucose Meters market size is projected to reach 17.06 Billion by 2026, exhibiting a CAGR of 6.7% during the forecast period. Globally, the adoption of blood glucose monitoring devices is being driven by multiple factors such as rising prevalence of diabetes, growing awareness of the importance of blood sugar monitoring among patients.
Blood Glucose Meters Market includes comprehensive information derived from depth study on Blood Glucose Meters Industry historical and forecast market data. Global Blood Glucose Meters Market Size To Expand moderately as the new developments in Blood Glucose Meters and Impact of COVID19 over the forecast period 2020 to 2026.
The cost of diagnosed diabetes was estimated to be a staggering $325 billion in 2017. It is critical for diabetic patients to monitor their blood glucose levels on a regular basis to avoid an episode of hyperglycemia (very high glucose level) or hypoglycemia (very low glucose level), which can have serious implications such as damage to the kidney or cause a cardiovascular event such as a heart attack or stroke.
Diabetes, which is considered as one of the most serious chronic condition, has a significant economic and social impact. The International Diabetes Federation estimated that around 425 million adults were suffering from diabetes in 2017 and it is projected to rise to around 630 million by 2045 in the U.S., alone.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations travel bans and quarantines restaurants closed all indoor events restricted over forty countries state of emergency declared massive slowing of the IT Spending market volatility falling business confidence, growing panic among the population, and uncertainty about future.
A lead analyst at Fortune Business Insights says, “People don’t prefer getting their blood sugar levels checked from SMBG devices as it involves pain. This test is done by finger pricking which is inconvenient to some patients, thereby hindering the regular testing procedure.” He added, “With the advent of CGM devices, people can regularly monitor their blood sugar levels as these devices are easy to use. In addition to this, CGM devices offer faster results and are minimally-invasive in nature. Owing to such benefits, people are likely to shift from SMBG to CBM devices in the forthcoming years.” Abbott developed an advanced CGM system called FreeStyle Libre system in Europe. The system was adopted by around 1.3 million people in 2018. This is one of the biggest drivers for the CGM systems segment.
The Global Blood Glucose Meters Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Blood Glucose Meters market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Regional Market Overview:
From a geographical standpoint, the blood glucose monitoring systems market in North America is expected to lead in the forecast period. This is primarily owing to the increasing prevalence of diabetes and the introduction of technologically advanced systems. Following North America, the market in Asia Pacific is expected to create huge growth opportunities in the forecast period. However, there is some proportion of population that is not diagnosed with diabetes. Every 2 out of 3 diabetic patients remain undiagnosed in Africa and around 1 out of every 2 diabetic patients are not diagnosed in China and Indonesia. Nonetheless, there is a percentage of population that is persistent when it comes to monitoring their blood sugar levels. This, in turn, is expected to increase the adoption of in Asia Pacific during the forecast period.
This report focuses on Blood Glucose Meters Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2024, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Competitive Analysis:
The Blood Glucose Meters Market Size, Share, Growth report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key questions answered in the report:
- What will the market growth rate of Blood Glucose Meters market in 2026?
- What are the key factors driving the global Blood Glucose Meters market?
- Who are the key manufacturers in Blood Glucose Meters market space?
- What are the market opportunities, market risk and market overview of the Blood Glucose Meters market?
- What are sales, revenue, and price analysis of top manufacturers of Blood Glucose Meters market?
- Who are the distributors, traders and dealers of Blood Glucose Meters market?
- What are the Blood Glucose Meters market opportunities and threats faced by the vendors in the global Blood Glucose Meters industry?
- What are sales, revenue, and price analysis by types and applications of Blood Glucose Meters market?
- What are sales, revenue, and price analysis by regions of Blood Glucose Meters industry?
Table Of Content:
1 Market Overview
1.1 Blood Glucose Meters Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Blood Glucose Meters Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Blood Glucose Meters Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Blood Glucose Meters Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Blood Glucose Meters Manufacturer Market Share in 2018
3.3.2 Top 6 Blood Glucose Meters Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Blood Glucose Meters Market Analysis by Regions
4.1 Global Blood Glucose Meters Sales, Revenue and Market Share by Regions
4.1.1 Global Blood Glucose Meters Sales and Market Share by Regions (2014-2019)
4.1.2 Global Blood Glucose Meters Revenue and Market Share by Regions (2014-2019)
4.2 North America Blood Glucose Meters Sales and Growth Rate (2014-2019)
4.3 Europe Blood Glucose Meters Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Blood Glucose Meters Sales and Growth Rate (2014-2019)
4.5 South America Blood Glucose Meters Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Blood Glucose Meters Sales and Growth Rate (2014-2019)
5 North America Blood Glucose Meters by Country
5.1 North America Blood Glucose Meters Sales, Revenue and Market Share by Country
5.1.1 North America Blood Glucose Meters Sales and Market Share by Country (2014-2019)
5.1.2 North America Blood Glucose Meters Revenue and Market Share by Country (2014-2019)
5.2 United States Blood Glucose Meters Sales and Growth Rate (2014-2019)
5.3 Canada Blood Glucose Meters Sales and Growth Rate (2014-2019)
5.4 Mexico Blood Glucose Meters Sales and Growth Rate (2014-2019)
8 South America Blood Glucose Meters by Country
8.1 South America Blood Glucose Meters Sales, Revenue and Market Share by Country
8.1.1 South America Blood Glucose Meters Sales and Market Share by Country (2014-2019)
8.1.2 South America Blood Glucose Meters Revenue and Market Share by Country (2014-2019)
8.2 Brazil Blood Glucose Meters Sales and Growth Rate (2014-2019)
8.3 Argentina Blood Glucose Meters Sales and Growth Rate (2014-2019)
8.4 Colombia Blood Glucose Meters Sales and Growth Rate (2014-2019)
9 Middle East and Africa Blood Glucose Meters by Countries
9.1 Middle East and Africa Blood Glucose Meters Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Blood Glucose Meters Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Blood Glucose Meters Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Blood Glucose Meters Sales and Growth Rate (2014-2019)
9.3 Turkey Blood Glucose Meters Sales and Growth Rate (2014-2019)
9.4 Egypt Blood Glucose Meters Sales and Growth Rate (2014-2019)
9.5 Nigeria Blood Glucose Meters Sales and Growth Rate (2014-2019)
10 Blood Glucose Meters Market In Developing Conutries
11 South America Blood Glucose Meters Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Blood Glucose Meters Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter’s Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
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