What was the value of the blood glucose monitoring system market in North America in 2021?

Posted by Johnny on December 9th, 2022

According to a new market research report "Blood Glucose Monitoring System Market by Product (Self-Monitoring, Continuous Glucose Monitoring Devices), Testing Site (Fingertip), Patient Care Setting (Hospital, Homecare), Application (Type 1, Type 2, Gestational Diabetes) - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to reach USD 10.58 Billion by 2022 from an estimated USD 8.35 Billion in 2017, at a CAGR of 4.8% during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=14912252

The key factors driving the growth of this market include rising prevalence of diabetic population, and increasing innovative product launches resulting in increased adoption amongst patients.

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global blood glucose monitoring system market and estimate the size of other dependent submarkets. Various secondary sources such as, Annual Reports, Press Releases, International Diabetes Federation, World Health Organization (WHO), American Diabetes Association, JDRF, Madras Diabetes Research Foundation (MDRF), India Diabetes Research Foundation (IDRF), Chinese Diabetes Society (CDS), Russian Diabetes Federation, Brazilian Diabetes Society, Latin American Diabetes Association (ALAD), European Association for the Study of Diabetes (EASD), American Association of Diabetes Educators (AADE), Press Releases, directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market.

The key players in the global blood glucose monitoring system market are Roche (Switzerland), Abbott (US), LifeScan (US), Ascensia (Switzerland), Medtronic (Ireland), Dexcom (US), Ypsomed (Switzerland), B. Braun (Germany), Nipro (Japan), Sanofi (France), ARKRAY (Japan), Prodigy Diabetes Care (US), ACON Laboratories (US), and Nova Biomedical (US).

The research report categorizes the market into the following segments and subsegments:

Blood Glucose Monitoring System Market, by Product

  • Self-Monitoring Blood Glucose Systems
  • Continuous Glucose Monitoring Systems

Blood Glucose Monitoring System Market, by Testing Site

  • Fingertip testing
  • Alternate Site Testing

Blood Glucose Monitoring System Market, by Patient Care Setting

  • Self/Home Care
  • Hospital & Clinics

Blood Glucose Monitoring System Market, by Application

  • Type 2 Diabetes
  • Type 1 Diabetes
  • Gestational Diabetes

Blood Glucose Monitoring System Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  1. Product matrix, which gives a detailed comparison of the product portfolios of each company
  2. Company Information
  3. Detailed analysis and profiling of additional market players (up to 3)

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=14912252

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Rohan

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com

Like it? Share it!


Johnny

About the Author

Johnny
Joined: July 19th, 2022
Articles Posted: 122

More by this author