Global Self Monitoring of Blood Glucose Market Dominated by Russia, the UK and the USA, States iGATE in New Report Available at MarketPublishers.com21 Sep 2016 • by Natalie Aster
LONDON – At present, self-monitoring of blood glucose (SMBG) represents a very lucrative business, and this marketplace has enormous growth potential.
This growth will stem from a combination of many factors like a rise in the world’s diabetic population, growing government funding for the management of diabetes, increasing spending on the healthcare domain, and more.
There are also few challenges the market faces, and blood glucose meter accuracy problem is one of the major ones.
The global market is ruled by three major countries, namely the UK, Russia and the USA. The forth position belongs to China, and this country is closely followed by Italy.
China holds the dominant position in terms of the number of users. Test Strips hold the largest share of the global marketplace, while Life Scan is the number one player amongst companies.
New research report “Global - Self Monitoring of Blood Glucose Market and Forecast” drawn up by iGATE Research Pvt. Ltd. offers a comprehensive analysis of the global SMBG marketplace. The study starts with an all-round overview of the world’s market. It covers shares belonging to users and gives projections for the years to come.
The report focuses on major countries and casts light on product segments. The research study looks at top companies involved in this market space. It scrutinizes factors that encourage growth and the ones challenging the marketplace. The research report comprises future outlook for the marketplace through 2021.
Reasons to Buy:
- get access to a detailed discussion of the global SMBG marketplace;
- find out which factors drive its growth;
- learn which challenges it has to cope with;
- have a look at major companies and performance of the marketplace across major countries;
- get historical data on the global space as well as future projections.
More new studies by iGATE are available at its page.