The new report by Expert Market Research titled, ‘Global Blood Glucose Meters Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global blood glucose meters market, assessing the market based on its segments like types, process types, distribution channels, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://bityl.co/CPiw
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 14 Billion
- Forecast CAGR (2021-2026): 8.6%
Diabetes is a chronic disorder where an elevated glucose level in the body is caused by the pancreas’ failure to produce insulin. These instruments are used to monitor blood sugar levels, which is an essential step in the treatment of diabetes. These advanced blood glucose meters are a preferred alternative for traditional blood glucose meters, which have implemented invasive diagnostic procedures, such as using a needle to poke the fingers, causing multiple patients to have pain and discomfort. North America is a primary global blood glucose market in the regional markets. The continued improvements in health care services and surgical instruments may be related to this.
Industry Definition and Major Segments
Blood glucose meters refer to electronic instruments used to check blood by a minute drop of blood collected by a lancet and a corresponding lancing unit. This system is compact, battery-powered, and simple to use, and is very convenient.
Explore the full report with the table of contents@ https://bityl.co/CPiv
The market can be divided into the following segments on the basis of type:
- Self Monitoring
- Continuous
Based on the function, the market can be divided into:
- Non-Invasive
- Invasive
The market can be divided based on the distribution channel into:
- Hospitals Pharmacies
- Retail Pharmacies
- Online
- Others
On the basis of end-use, the market can be bifurcated to:
- Clinics
- Hospitals
- Personal
- Others
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
The market is expected to be driven by the rising incidence of diabetes, combined with an increasing geriatric population vulnerable to diabetes. The market’s growth is further driven by the growing awareness of preventive treatment for diabetes and new product launches. Several countries introduced lockdowns during the coronavirus epidemic to slow down the spread of the illness. In terms of their dietary habits, physical activity, and sedentary actions, this has triggered improvements in the everyday life of diabetic patients.
Key Market Players
The major players in the market are B. Braun Melsungen AG, Medtronic plc, Abbott Laboratories, Dexcom, Inc., Terumo Europe NV, and F. Hoffmann-La Roche Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Media Contact
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
Read More Reports:
Potash Fertilisers Market: https://www.digitaljournal.com/pr/global-potash-fertilisers-market-to-be-driven-by-changing-food-habits-among-customers-in-the-forecast-period-of-2022-2027
India Software as a Service (SaaS) Market: https://www.digitaljournal.com/pr/india-software-as-a-service-saas-market-to-be-driven-by-the-growing-adoption-of-saas-in-small-and-medium-enterprises-in-the-forecast-period-of-2022-2027
Cruise Missile Market: https://www.digitaljournal.com/pr/global-cruise-missile-market-to-be-driven-by-rising-military-investments-in-the-forecast-period-of-2022-2027
Hazardous Location LED Lighting Market: https://www.digitaljournal.com/pr/global-hazardous-location-led-lighting-market-to-be-driven-by-rapid-industrialisation-and-the-favourable-government-regulations-in-the-forecast-period-of-2022-2027
Also, Check Procurement Intelligence which provides you with Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.