Glucose Monitoring Device Market is expected to reach $2.3 billion by 2021

27/giu/2017 12:32:32 Market Data Forecast Contatta l'autore

Questo comunicato è stato pubblicato più di 1 anno fa. Le informazioni su questa pagina potrebbero non essere attendibili.

Glucose Monitoring Device Market is very fast growing market and expected to reach $ 2.3 billion by 2021 from 1.72 billion in 2016 at a CAGR of 24.6% from 2016 to 2021. Glucose monitoring devices are used to detect the level of sugar in our blood and are of several kinds Which includes glucose meter, test strips and lancets. The device offers the facility of self-testing by using the single glucose meter and different strips. The usage of These devices consumes less time, as Compared to the glucose testing by customary methods in laboratories.


Full report at:


These devices can be handled easily potable are so convenient to carry, These devices allow the tests to be performed by the patient as for Their Their convenience at home, Which makes them popular. It offers the services of monitoring glucose level in our blood as it quantitatively tests. The strip glucose monitoring devices dominated the market with xx% share And Also has the highest growth rate.


The INCREASE in the number of diabetes patients is one of the key drivers, supporting the growth of the global SMBG devices market. The Increasing prevalence of diabetes cases are two to unhealthy lifestyle, poor diet, excess alcohol consumption, and lack of physical activity. Also the healthcare expenditure is Increasing Which leads to increase to in spending on self-monitoring blood glucose devices. However, this market faces certain loss two to some manufacturing defect or error in results. In addition, the accessibility of Continuous Glucose Monitors (CGM) Also hinders the growth of the market.


This market can be broadly segmented into continuous wearable devices (Sensors, Transmitters and Activators) and self-monitoring devices (Blood Glucose Meters, Blood Glucose Strips, Lancets, and Hemoglobin A1C testing kits). Based on Application they can be divided into hospitals, clinics and diagnostic centers, home setting and ambulatory settings. The continuous glucose monitoring results help patients regulate Their food intake, exercise, and medications. The device contains sensors for checking glucose level from the interstitial fluid. The sensor has a time span where it can be used at one place and then needs to be replaced. This device monitors the glucose levels over time, Allowing the patients to identify low and high sugar levels Which are more dangerous. Whereas for the self-monitoring devices people have to test and it monitors the level at That Particular time and not before that.


Request sample:


The market has Also Been geologically divided into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. US occupies the largest consumer base in the world and Asia pacific has become the fastest growing market in 2014. In many evolving markets, such as China and India, the governmental funding for health care and health insurance is improving and becoming more prevalent.


The major companies dominating this market for its products, services, and continuous product developments are Roche Diagnostics, LifeScan, Bayer Health Care, Abbott Diabetes Care Inc., AgaMatrix Inc., ARKRAY Inc., Medtronic, DexCom Inc, Nova Biomedical Corporation and Terumo Europe NV.


About Market Data Forecast:

The publisher of this report is Market Forecast Data Whose strong lies in Market Research and Business Intelligence. Handling Both individual and corporate clients across multiple business domains they offer syndicated / research customized to suit the client's research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit,



Abhishek Shukla

Sales Manager (International Business Development)

Market Data Forecast

Direct Line: + 1-888-702-9626

Mobile: +91 998 555 0206


Visit MarketDataForecast Blog @


View Latest Press Releases of MDF @

blog comments powered by Disqus è un servizio offerto da Factotum Srl