India Glucose Monitoring Devices Market, By Product (Self-Monitoring Glucose Devices and Continuous Glucose Monitoring Devices), By Application (Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes), By End User (Home Care Settings, Hospital, Others), By Region, Competition, Forecast & Opportunities, FY 2026

August 2020 | 76 pages | ID: I9AB4EDF9BD3EN
TechSci Research

Abstracts

India glucose monitoring devices market was valued at around USD 209 million in FY2020 and is forecast to grow at a CAGR of more than 10% until FY 2026. India glucose monitoring devices market is driven by growing prevalence of diabetes in the country, predominantly Type 2 diabetes. Additionally, increasing requirement for faster and safer diagnosis of diabetes is further expected to propel the market during forecast period. Besides, rising awareness among the population regarding the treatment of diabetes is further expected to propel the market growth. The sudden outbreak of COVID-19 pandemic has drastically increased the demand for glucose monitoring devices in the country.

India glucose monitoring devices market is segmented based on product, application, end user, and region. Based on product segmentation, the market can be fragmented into self-monitoring glucose devices and continuous glucose monitoring devices, out of which, the self-monitoring glucose devices segment dominated the market until FY 2020 and the segment is expected to maintain its leading position over the next five years as well. This can be attributed to certain benefits it offers such as ease of use and low cost.

Major players operating in India glucose monitoring devices market include Roche Diagnostics India Pvt Ltd, Abbott India Limited, Becton Dickinson Private Limited, ARKRAY Healthcare Pvt Ltd., B Braun Medical India Pvt Ltd., Dr Morepen, Johnson & Johnson Private Limited, India Medtronic Pvt Ltd, Pulsatom Health Care Pvt Ltd, Bio-Rad laboratories India Pvt Ltd and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market.

Years considered for this report:

• Historical Years: FY2016 - FY2019
• Base Year: FY2020
• Estimated Year: FY2021
• Forecast Period: FY2022 - FY2026

Objective of the Study:

• To analyze and estimate the market size of India glucose monitoring devices market from FY2016 to FY2020.
• To estimate and forecast the market size of India glucose monitoring devices market from FY2020 to FY2026.
• To classify and forecast India glucose monitoring devices market based on product, application, end user, and regional distribution.
• To identify dominant region or segment in the India glucose monitoring devices market.
• To identify drivers and challenges for India glucose monitoring devices market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India glucose monitoring devices market.
• To conduct pricing analysis in the India glucose monitoring devices market.
• To identify and analyze the profile of leading players operating in India glucose monitoring devices market.
• To identify key sustainable strategies adopted by market players in India glucose monitoring devices market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of glucose monitoring device manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of India glucose monitoring devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Glucose monitoring devices manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to glucose monitoring devices
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India glucose monitoring devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Product Type:
• Self-Monitoring Glucose Devices
• Continuous Glucose Monitoring Devices
• Market, By Application:
• Type 1 Diabetes
• Type 2 Diabetes
• Gestational Diabetes
• Market, By End User:
• Home Care Settings
• Hospital
• Others
• Market, By Region:
• North
• South
• East
• West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India glucose monitoring devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. IMPACT OF COVID-19 ON GLOBAL MONITORING DEVICES MARKET

4. EXECUTIVE SUMMARY

5. VOICE OF CUSTOMER

6. INDIA GLUCOSE MONITORING DEVICES MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Product (Self-Monitoring Glucose Devices and Continuous Glucose Monitoring Devices)
  6.2.2. By Application (Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes)
  6.2.3. By End User (Home Care Settings, Hospital, Others)
  6.2.4. By Region (North, East, West, South)
  6.2.5. By Company (FY2020)
6.3. Product Market Map

7. INDIA SELF-MONITORING GLUCOSE DEVICES MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Component (Glucose Meter Devices, Glucose Test Strips and Lancets)
  7.2.2. By Application
  7.2.3. By End User

8. INDIA CONTINUOUS GLUCOSE MONITORING DEVICES MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Component (Sensors, Transmitters & receivers, Integrated Insulin Pumps)
  8.2.2. By Application
  8.2.3. By End User

9. MARKET DYNAMICS

9.1. Drivers
9.2. Challenges

10. MARKET TRENDS & DEVELOPMENTS

11. POLICY & REGULATORY LANDSCAPE

12. INDIA ECONOMIC PROFILE

13. IMPORT & EXPORT ANALYSIS

14. PRICING ANALYSIS

15. COMPETITIVE LANDSCAPE

15.1. Competition Outlook
15.2. Company Profiles
  15.2.1. Roche Diagnostics India Pvt Ltd
  15.2.2. Abbott India Limited
  15.2.3. Becton Dickinson Private Limited
  15.2.4. ARKRAY Healthcare Pvt Ltd.
  15.2.5. B Braun Medical India Pvt Ltd.
  15.2.6. Dr Morepen
  15.2.7. Johnson & Johnson Private Limited
  15.2.8. India Medtronic Pvt Ltd
  15.2.9. Pulsatom Health Care Pvt Ltd
  15.2.10. Bio-Rad laboratories India Pvt Ltd

16. STRATEGIC RECOMMENDATIONS

List Of Figures

LIST OF FIGURES

Figure 1: India Glucose Monitoring Devices Market Size, By Value, FY2016- FY2026 (USD Million)
Figure 2: Number of Total Diabetic Patients in India, By Volume, FY2016-FY2020
Figure 3: India Glucose Monitoring Devices Market Share, By Product, FY2016- FY2026
Figure 4: India Glucose Monitoring Devices Market Share, By Application, FY2016- FY2026
Figure 5: India Glucose Monitoring Devices Market Share, By End User, FY2016- FY2026
Figure 6: India Glucose Monitoring Devices Market Share, By Region, FY2016- FY2026s
Figure 7: India Self-Monitoring Glucose Devices Market Size, By Value, FY2016- FY2026 (USD Million)
Figure 8: Total Number of Type 2 Diabetic Population in India, By Volume, FY2016-FY2020
Figure 9: India Self-Monitoring Glucose Devices Market Share, By Component, FY2016- FY2026
Figure 10: India Self-Monitoring Glucose Devices Market Share, By Application, FY2016- FY2026
Figure 11: India Self-Monitoring Glucose Devices Market Share, By End User, FY2016- FY2026
Figure 12: India Continuous Glucose Monitoring Devices Market Size, By Value, FY2016- FY2026 (USD Million)
Figure 13: Number of Diabetic Population by Age Group, By Volume, FY2016-FY2020
Figure 14: India Continuous Glucose Monitoring Devices Market Share, By Component, FY2016- FY2026
Figure 15: India Continuous Glucose Monitoring Devices Market Share, By Application, FY2016- FY2026
Figure 16: India Continuous Glucose Monitoring Devices Market Share, By End User, FY2016- FY2026

COMPANIES MENTIONED

1.Roche Diagnostics India Pvt Ltd
2.Abbott India Limited
3.Becton Dickinson Private Limited
4.RKRAY Healthcare Pvt Ltd.
5.B Braun Medical India Pvt Ltd.
6.Dr Morepen
7.Johnson & Johnson Private Limited
8.India Medtronic Pvt Ltd
9.Pulsatom Health Care Pvt Ltd
10.Bio-Rad laboratories India Pvt Ltd