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Global Glucose Monitoring Market 2023

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Bharat Book Bureau provides the report on “Global Glucose Monitoring Market 2023”, ()The report provides the market focused on growing with newer technology and improved products, according to analysis, the Glucose Monitoring global market is expected to grow at single digit CAGR to reach $11,248.5 million by 2023. – PowerPoint PPT presentation

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Title: Global Glucose Monitoring Market 2023


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Global Glucose Monitoring Market
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Summary
  • Glucose Monitoring consist of products that are
    essential for patients sufferingdiabetes. With
    the projected rise in aged population and
    awareness about suchconditions, the market is
    focused on growing with newer technology and
    improved products. According to analysis, the
    Glucose Monitoring global market is expectedto
    grow at single digit CAGR to reach 11,248.5
    million by 2023. Factors drivingthe Glucose
    Monitoring market are global rise in the
    prevalence and incidence ofdiabetes, continuous
    technological advancement, increasing demand for
    less invasive products, increase in RD
    investments are driving the market growth.
    Increase in obesity population due to lifestyle
    changes, increase in urbanization,
    untappedmarkets like Middle East, Africa shows
    that glucose monitoring market has
    vastopportunities in the coming years. Frequent
    product recalls i.e. glucose testing strips due
    to manufacturing defects or supply of expired
    test strips and less productdifferentiation
    among the self blood glucose monitors are the
    factors that arerestraining the market growth.
    The limited reimbursement facilities and
    alternativetreatments that include cell based
    assays, biomarkers identification and
    artificialpancreas and high cost associated with
    Continuous Glucose Monitoring (CGM) arethreats
    for the market growth.

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  • Glucose Monitoring global market is classified
    based on products, sample type, end-users and
    geography. The products segment is divided into
    three segments i.e.,Invasive, Non-Invasive and
    lab based glucose monitoring products. The
    Invasiveglucose monitoring products segment
    accounted the largest share in 2016 due
    totechnological advancements, easy use, patient
    friendly etc. Invasive products areclassified
    into Self glucose monitoring and continuous
    glucose products. The selfglucose monitoring
    segment accounted the largest share in 2016 due
    to development of minimally invasive products.
    The Self glucose monitoring products are
    furtherclassified into blood glucose monitors,
    blood glucose test strips, lancets and others.
    The blood glucose testing strips segment
    accounted for the largest share in 2016 due
    development of no coding strips. The continuous
    glucose market includes productssensors/receiver
    and transmitter. Continuous glucose segment is
    fastest growingsegment and is projected to grow
    at a strong CAGR of XX from 2016 to 2023.
  • Based on sample type the market is segmented into
    blood, urine and others. Theblood segment
    accounted the largest share in 2016 and is
    projected to grow at aCAGR of 0.3 from 2016 to
    2023 due to the accuracy of results.

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  • Other source based glucose monitoring segment is
    fastest growing segment and isprojected to grow
    at a strong CAGR of XX from 2016 to 2023 due to
    increases R D investment, many product are CE
    approved and expected launch very soon in market.
  • Based on end users the market is segmented into
    hospitals, private clinics, homecare and
    ambulatory settings. Among end-users, home care
    segment accounted forthe largest share in 2016
    and is projected to grow at a strong CAGR of X
    from2016 to 2023 due to availability of self
    blood monitor over the counter and ease
    inoperating these monitors and thereby reduces
    dependence on any clinics for glucose check.
  • Based on geography the market is segmented into
    North America (U.S. and Others), Europe (Germany,
    France, U.K. and Others), Asia-Pacific (Japan,
    China, India Others) and Rest of the World
    (Brazil, Middle East others and Rest of
    LatinAmerica). North America accounts for the
    highest market share of XX followedby Europe.

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  • Major players in Glucose monitoring market
    include Roche (Switzerland), Dexcom (U.S.), B.
    Braun Melsungen AG (Germany), Medtronic, Inc.
    (Ireland), Johnson Johnson (U.S.), Abbott
    Laboratories (U.S.), AgaMatrix (U.S.), Arkray
    (Japan),Ascensia (Switzerland), Trividia Health,
    Inc (U.S.) etc.

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Full Reports
Global Glucose Monitoring Market
Contact us atBharat Book Bureau Tel 91 22
27810772 / 27810773 Email poonam_at_bharatbook.com O
ur Blog https//www.bharatbook.com/blog/ Twitter
https//twitter.com/researchbook Facebook
https//www.facebook.com/BharatBook3B LinkedIn
http//www.linkedin.com/company/bharat-book-bureau
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