Self-Monitoring Blood Glucose Devices Market by Product, Application and End-User - Global Outlook to 2025 - ResearchAndMarkets.com
The "Self-Monitoring Blood Glucose Devices Market by Product, Application, and End User - Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.
The market was valued at $7,768 million in 2017, and is projected to reach $10,828 million by 2025 at a CAGR of 4.2% from 2018 to 2025.
The self-monitoring blood glucose devices market is anticipated to exhibit significant growth in the near future, owing to factors such as rise in prevalence of diabetes, surge in obese population who are prone to diabetes, technological advancements in diabetes devices, and surge in need for faster & safer diagnosis as well as treatment of diabetes.
However, blood glucose monitoring devices do not measure the exact level of glucose in blood, whereas provide the readings in the form of a particular range. In addition, adverse effects associated with some of the diabetes care devices hinder the market growth.
Rise in awareness about diabetes monitoring devices and untapped market opportunities in the developing regions are expected to provide numerous opportunities for the market growth.
- Blood glucose meters accounted for more than one-eighth of the share of the self-monitoring blood glucose devices market in 2017.
- The type 1 diabetes segment is anticipated to grow with the moderate CAGR throughout the forecast period.
- Europe accounted for more than one-fourth of the global self-monitoring blood glucose devices market in 2017.
- The LAMEA region is anticipated to grow at the high rate in the self-monitoring blood glucose devices market during the study period.
- Abbott Laboratories
- Becton, Dickinson and Company
B. Braun Melsungen
- F. Hoffmann-La Roche
- Johnson & Johnson
- PHC Holdings Corporation
- Terumo Corporation
- Trividia Health
- Arkray USA
- Nova Biomedical
- Bionime Corporation
- All Medicus
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Self-Monitoring Blood Glucose Devices Market, by Product
Chapter 5: Self-Monitoring Blood Glucose Devices Market, by Application
Chapter 6: Self-Monitoring Blood Glucose Devices Market, by End-User
Chapter 7: Self-Monitoring Blood Glucose Devices Market, by Region
Chapter 8: Company Profiles
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190116005445/en/