Glucometer Market is forecasted to grow at 11.67% for 2019 to 2026 to an estimated value of USD 28.19 billion by 2026 with factors such as high cost of the glucometers hampering the growth of the market.
Glucometer market has shown a significant adoption rate and preferences from the North America. Availability of advanced technologies and increasing patient population are some of the factors responsible for the market growth.
According to Data Bridge Market Research the glucometer market in developing regions is witnessing growth in terms of its adoption rate, due to increasing diabetes population, advancement in the glucometers, increasing health consciousness among population and rising awareness about its ability to provide faster & accurate results.
Now the question is which are the regions that glucometer market players should target? Data Bridge Market Research has forecasted market leaders to target North American developing regions to help them in attaining better volume of revenue generation.
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Roche Diabetes Care India announced the launch of their new affordable glucometer Accu-Chek Instant S in February 2018 which is specially designed for the self-monitoring of the blood glucose level. This new device also has the ability to provide results in just 4 seconds and blood glucose can be regulated automatically via a USB.
Cooey announced the launch of their new IoT glucometer in July 2018 which has the ability to synchronize smartphone data wirelessly. They are small, compact, pocket-sized gadget which can easily get connected to a smartphone and instantly transfers the readings to the Cooey app.
Glucometer market is segmented on the basis of countries into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East & Africa.
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Key Pointers Covered in the Glucometer Market Industry Trends and Forecast to 2026
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of glucometer companies, contact us https://www.databridgemarketresearch.com/toc?dbmr=global-glucometer-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Glucometer Market – Industry Trends - Forecast to 2026