Global Glucose Meters Market By Product (Continuous Glucose Monitoring Devices, Self-Monitoring Blood Glucose (SMBG) Systems), Type (Photoelectric Blood Glucose Meter, Electrode Type Blood Glucose Meter), Technique (Invasive, Non-Invasive), Ergonomics (Wearable, Non-Wearable), Distribution Channel (Institutional Sales, Retail Sales), Application (Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes), End-User (Hospitals, Home Care), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, 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, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Glucose Meters Market
Glucose meters market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 16.74 billion by 2027 growing at a CAGR of 9.50% in the above-mentioned forecast period. Increasing awareness among the patients regarding the benefits of glucose testing meters will help in lucrative growth of the market.
Surging volume of patients suffering from diabetes across the globe, increasing demand of alcohol with the changing lifestyle of the people, rising obese population with unhealthy eating as well as physical inactivity are some of the factors that will likely to enhance the growth of the glucose meters market in the forecast period of 2020-2027. On the other hand, technological advancement and growing research activities which will further boost lucrative opportunities that will lead to the growth of the glucose meters market in the above mentioned forecast period.
Lack of awareness among the people will likely to hamper the growth of the glucose meters market in the above mentioned forecast period.
This glucose meters market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on glucose meters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glucose Meters Market Scope and Market Size
Glucose meters market is segmented on the basis of product, type, technique, ergonomics, application, distribution channel and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product glucose meters market is segmented into continuous glucose monitoring devices, and self-monitoring blood glucose (SMBG) systems.
- On the basis of type, glucose meters market is segmented into photoelectric blood glucose meter, and electrode type blood glucose meter.
- Based on technique, glucose meters market is segmented into invasive, and non-invasive.
- On the basis of ergonomics, glucose meters market is segmented into wearable, and non-wearable.
- Based on application, glucose meters market is segmented into type 1 diabetes, type 2 diabetes, and gestational diabetes.
- On the basis of distribution channel, glucose meters market is segmented into institutional sales, and retail sales. Institutional sales have been further segmented into hospitals, clinics, and others. Retail sales have been further segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
- Glucose meters market has also been segmented based on the end user into hospitals, and home care.
Glucose Meters Market Country Level Analysis
Glucose meters market is analysed and market size insights and trends are provided by country, product, type, technique, ergonomics, application, distribution channel and end user as referenced above.
The countries covered in the glucose meters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the glucose meters market due to the prevalence of improved healthcare facilities as well as infrastructure along with rising pool of population suffering from diabetes and technological advancement, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the prevalence of pool of population suffering from diabetes in India and China.
The country section of the glucose meters market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Glucose meters market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for glucose meters market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the glucose meters market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Glucose Meters Market Share Analysis
Glucose meters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glucose meters market.
The major players covered in the glucose meters market report are F. Hoffmann-La Roche Ltd, Dexcom, Inc., B. Braun Melsungen AG, Medtronic, Lifespan, Ascensia Diabetes Care Holdings AG., Terumo Europe NV, Abbott., Sanofi-Deutschland GmbH, DiaMonTech AG, ACON Laboratories, Inc., AgaMatrix, ARKRAY, Inc., BD, Bionime Corporation., Delta Electronics, Inc., Hainice Medical Inc. U.S.A., Johnson & Johnson Services, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Glucose Meters Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.