According to a new report published by Reports Monitor titled, “Global Glucose Monitoring Devices Market, Growth Opportunities, Innovations and Forecast, 2018-2025,”the glucose monitoring devices market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
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Glucose monitoring devices measures blood glucose level with the help of machine. This market is very lucrative owing rising prevalence of diabetes, technological development and R & D expenditure. Marketing campaigns by players in the market are spreading good awareness among the consumer and availability of the devices are boosting the market. Patient convenience in sugar monitoring with devices over traditional monitoring, rapid increase in geriatric population are attributing for the growth of the market. However, high cost of devices and lack of accuracy hampers the growth of the market. According to the Forbes new technological advancement such as new wearable sensor technology measures sugar level non-invasively by hair follicle.
This report provides a detailed analysis of Glucose monitoring devices market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
The global Glucose monitoring devices market is majorly segmented on the basis of type, application and end user. Based on the type market is segmented into invasive glucose monitoring devices, continuous glucose monitoring devices (CGM), flash glucose monitoring devices and others. Based on the application market is segmented into 1 diabetes, type 2 diabetes and others. Based on the end user market is segmented into home care diagnostic, diagnostic centre, hospitals, clinics and research centres.
The global Glucose monitoring devices market is majorly studied across four regions: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Increased prevalence of diabetes, awareness of devices and healthcare education in North America makes it a potential region for glucose monitoring devices. On the other hand Asia-Pacific is lucrative market owing growing disposal income, population and healthcare infrastructure.
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The major key players operating in the market are: Becton, Dickinson and Co., Terumo Corporation, Acon Laboratories Inc., Roche Diagnostics Ltd., Johnson & Johnson, ARKRAY Inc., Novo Nordisk A/S, Medtronic, Abbott Laboratories, Bayer AG, Ypsomed AG and Sanofi.
Research Scope
The study for Global Glucose Monitoring Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015 Base Year Estimate: 2016 Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1. Introduction
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
3.6. Market Overview
4. Type Overview
4.1. Introduction
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Invasive Glucose Monitoring Devices
4.2.2. Continuous Glucose Monitoring Devices (CGM)
4.2.3. Flash Glucose Monitoring Devices
4.2.4. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
5. Application Overview
5.1. Introduction
5.2. Market Size & Forecast, 2015 to 2025
5.2.1. Type 1 Diabetes
5.2.2. Type 2 Diabetes
5.2.3. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
6. End User
6.1. Introduction
6.2. Market Size & Forecast, 2015 to 2025
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