Blood Glucose Device (SMBG) is an important component of modern therapy for diabetes mellitus. SMBG has been recommended for people with diabetes and their health care professionals in order to achieve a specific level of glycemic control and to prevent hypoglycemia. The goal of SMBG is to collect detailed information about blood glucose levels at many time points to enable maintenance of a more constant glucose level by more precise regimens. It can be used to aid in the adjustment of a therapeutic regimen in response to blood glucose values and to help individuals adjust their dietary intake, physical activity, and insulin doses to improve glycemic control on a day-to-day basis.
Blood glucose monitoring devices market is very lucrative business with enormous future potential. Self-monitoring blood glucose market is primarily dependent on number of diabetic patients. So with the growth in diabetic patients blood glucose monitoring devices market is set to grow many folds.
China has the highest number of self-monitoring blood glucose device users but United States has highest number of test strips market share. United States controls the highest market share in the self-monitoring blood glucose (SMBG) market worldwide.
In 2019, the market size of Blood Glucose Device (SMBG) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Blood Glucose Device (SMBG).
This report studies the global market size of Blood Glucose Device (SMBG), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Blood Glucose Device (SMBG) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Roche
Lifescan
Abbott
Terumo
Ascensia (Bayer)
...
Market Segment by Product Type
Strips
Glucose Meter
Lancet
Market Segment by Application
Public Hospital
Private Hospital
Clinics
Pharmacy Shops
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Blood Glucose Device (SMBG) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Blood Glucose Device (SMBG) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Blood Glucose Device (SMBG) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Blood Glucose Device (SMBG). Industry analysis & Market Report on Blood Glucose Device (SMBG) is a syndicated market report, published as Global (United States, European Union and China) Blood Glucose Device (SMBG) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Blood Glucose Device (SMBG) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.