Glucometer Market: Moving Towards Brighter Future | Ascensia Diabetes Care Holdings AG; Abbott; Dexc

Author: Andre Longbottom

Data Bridge Market research released a new market study on Glucometer Market with 100+ market data Tables, Pie Chart, Graphs & Figures spread through Pages and easy to understand detailed analysis In Glucometer Market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. The report consists of all the detailed profiles for the Glucometer Market major manufacturers and importers who are influencing the market. Glucometer Market survey provides key information about the industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe. This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.

Global Glucometer Market is expected to rise from its initial estimated value of USD 11.65 billion in 2018 to a projected value of USD 28.19 billion by 2026, registering a CAGR of 11.67% in the forecast period of 2019-2026

Glucometer Market Scenario

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.

Scope of the Glucometer Market

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.

  • All country based analysis of the glucometer market is further analyzed based on maximum granularity into further segmentation. On the basis of device type, the glucometer market is segmented into self-monitoring blood glucose and continuous glucose monitoring. Based on end- users, the market is segmented into hospitals and clinics. The component segment of the market is divided into meters, strips, lancets, sensors and receiver.
  • Glucometer is a medical device which is specially designed so that one can measure the amount of glucose in the blood. These devices are small & portable in nature and are very useful for the diabetic population. Meters, sensors, test strips and lancers are some of the common component of the glucometer. Continuous glucose monitoring and self-monitoring blood glucose are some of the common types of the glucometer. They usually provide accurate information and help the patient to keep track on their glucose level.

Focal points covered in this Glucometer Market report

  • This Glucometer Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns. Also it creates a relationship of the market outlook with Porter Five Force Analysis
  • This research report is inclusive concept of the market progression. The market progression considers the components of the present situation and compares the current scenario of the market with future developmental chances.
  • The Glucometer Market research report includes investigation at global and regional levels. These comprehensive and local level investigations are inclusive of the request as well as the supply powers which in turn willingly or unwillingly affects the market development
  • Various Topics such as product offering, finance related data, recent developments, analysis of Strengths, weakness, Opportunities and Threats in the upcoming scenario are highlighted in this research report.
Key Vendors operating in the Market:

Few of the major competitors currently present in the global glucometer market Ascensia Diabetes Care Holdings AG; Abbott; Dexcom, Inc.; Health Arx Technologies Pvt. Ltd.; F. Hoffmann-La Roche Ltd; LifeScan, Inc.; Bayer AG; Truworth Health Technologies Pvt. Ltd.; Dr.Morepen; Medtronic; Johnson & Johnson Services, Inc.; ARKRAY, Inc.; Bionime Corporation; Rossmax International Ltd.; AgaMatrix; ACON Laboratories, Inc.; Trividia Health, Inc. and Medisana GmbH are few of the major competitors currently working in the glucometer market.

Focused Analysis:

Global glucometer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glucometer market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Recent Developments in the Market:
  • In May 2018, Health Arx Technologies Pvt. Ltd. through their brand "BeatO" announced the launch of a miniature glucometer that can be plugged in smartphones and the sugar levels are recorded in the app available for smartphones alongside the product. This product provides accurate and timely reminder regarding the sugar levels of patients.
  • In February 2018, F. Hoffmann-La Roche Ltd announced the launch of a new glucometer "Accu-Check Instant S", for the India region. The product is capable of offering accurate test results along with range of the sugar levels that the patient is suffering from informing the patient accordingly.
Why to purchase this report?

Following are the reasons to consider this Glucometer Market report:

  • This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
  • The report analyzes various factors which act as drivers and restraints to development the overall Glucometer Market.
  • This report not only analyzes present market condition but it likewise estimates how the Glucometer Market is going to perform for estimated time period of 2019-2026.
  • It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
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