World Self-Monitoring Blood Glucose Device Market Analysed & Forecast in New Renub Research Report Published at

13 Feb 2014 • by Natalie Aster

LONDON – The market for blood glucose monitoring devices is a very lucrative domain having immense potential in the years to come. The self-monitoring blood glucose segment is mainly reliant upon the number of patients with diabetes. As diabetic patients grow in numbers, the blood glucose monitoring devices market is expected to increase manyfold. By 2013-end, 382 million people were suffering from diabetes; by 2035, the figure is forecast to surge further reaching 592 million.

Throughout 2013, the number of patents performing self-monitoring of blood glucose grew over 50%, compared to the figure recorded in 2007. China has the largest number of the users of self-monitoring blood glucose devices; whilst the U.S. accounts for the largest market share of the test strips market. The overall blood glucose monitoring device market is anticipated to post double-digit growth (billion USD). The U.S. captures the lion’s market share of the self-monitoring blood glucose segment globally. Bayer HealthCare, Roche Diagnostic, Abbott Laboratories and LifeScan, Inc altogether control close to 50% market share of the self-monitoring blood glucose device market. 

Topical research report “Blood Glucose Device (SMBG) (Test Strips, Lancet, Meter) Market & Forecast - Worldwide” prepared by Renub Research presents an all-encompassing evaluation of the self-monitoring blood glucose device market, focusing on such categories as blood glucose test strips, blood glucose lancing devices, and blood glucose meters. The study presents separate all-round analytics for the globe’s 15 leading countries, with annual estimates and forecasts offered through 2020, and a six year historical analysis for these geographical markets.

Each country market analysis provides an overview of the overall diabetes population scenario as of now with forecasts, a review of type 1 and type 2 diabetes landscape today and future forecasts; information on the number of self-monitoring blood glucose device users nowadays and in the offing; analysis of the overall self-monitoring, blood glucose devices marketplace at the national level with a detailed look into the future; comprehensive analysis and forecasting of the three major market segments.

Report Details:

Blood Glucose Device (SMBG) (Test Strips, Lancet, Meter) Market & Forecast - Worldwide
Published: February, 2014
Pages: 265 
Price: US$ 1,490.00

More topical studies by the publisher can be found at Renub Research page.


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