Blood Glucose Monitoring Device Market significant inputs Research Report Growth Forecast 2026

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Feb 22, 2021 (Market Insight Reports) — Market Study Report, LLC, post a thorough analysis of the ‘Blood Glucose Monitoring Device market’, has developed a comprehensive report emphasizing every vital aspect of the business vertical. The study has collectively presented refined data characterized by market valuation, SWOT analysis, market participants, regional segmentation, and revenue forecasts, enabling stakeholders to make logical business decisions.

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The Blood Glucose Monitoring Device market is anticipated to reach over USD 2.61 billion by 2026 according to a new research. 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.

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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North America generated the highest revenue in the Blood Glucose Monitoring Device market in 2017, and is expected to be the leading region globally during the forecast period. Increasing demand, rising patient awareness for proper self-diagnosis methods, which saves the time, money, and provides accurate real-time data about the patient health. Also, decreasing cost & time of treatment, and continuous research and development in the same field to also boost the market growth in coming years. While, Asia Pacific blood glucose monitoring device market is supposed to the fastest growing market during forecast period.

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.

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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.

Blood Glucose Monitoring Device Market share byMajor regions included:

United States
North America
Asia Pacific
Europe
Middle East & Africa

Table of Contents

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Blood Glucose Monitoring Device Market Insights
3.1. Blood Glucose Monitoring Device – Industry snapshot
3.2. Blood Glucose Monitoring Device – Ecosystem analysis
3.3. Blood Glucose Monitoring Device Market Dynamics
3.3.1. Blood Glucose Monitoring Device – Market Forces
3.3.1.1. Blood Glucose Monitoring Device Market Driver Analysis
3.3.1.2. Blood Glucose Monitoring Device Market Restraint/Challenges analysis
3.3.1.3. Blood Glucose Monitoring Device Market Opportunity Analysis
3.4. Industry analysis – Porter’s five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Blood Glucose Monitoring Device Market PEST Analysis
3.6. Blood Glucose Monitoring Device Market Value Chain Analysis
3.7. Blood Glucose Monitoring Device Industry Trends
3.8. Competitive Ranking Analysis
4. Blood Glucose Monitoring Device Market Size and Forecast by Product Type, 2018-2026
4.1. Key Findings
4.2. Single Point Blood Glucose Meters (SBGM)
4.3. Continuous Glucose Monitoring Systems (CGM)
4.3.1. Sensors
4.3.2. Transmitters
4.4. Glucose Monitoring strips
4.5. Lancet
5. Blood Glucose Monitoring Device Market Size and Forecast by End Use Type, 2018-2026

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