Glucose Monitoring Devices Market to Grow at 6.52% CAGR to 2021
PUNE, India, March 21, 2016 /PRNewswire/ --
The glucose monitoring devices market is rising with growth in the prevalence of diabetes among population coupled with growing focus on technology forecast for the next five years to 2021.
Global Glucose Monitoring Devices market is forecast to grow at a CAGR of 6.52% during 2016 - 2021F, driven by the increasing number of diabetic patients as a consequence of sedentary lifestyles. As per capita healthcare expenditure is rising along with the growth in the disposable income, it has resulted in increasing healthcare spending including expenditure on diabetes.
Complete report on glucose monitoring devices market spread across 210 pages, analyzing 10 major companies and providing 154 figures is now available at http://www.reportsnreports.com/reports/512835-global-glucose-monitoring-devices-market-trends-opportunities-and-forecasts-2016-2021-by-devices-type-bgm-monitors-strips-lancets-and-cgm-monitors-transmitters-and-receivers-sensors-by-region-north-america-latin-america-asia-pacific.html.
While blood glucose monitors are holding major market globally due to its prominence and affordability among the emerging nations, technological advancements have led to the growth of Continuous Glucose Monitoring devices which is expected to grow faster in the future. Among the regions, North America holds the major market due to the higher disposable income as well as insurance coverage. However, among emerging markets, Asia Pacific is expected to grow the highest due to the growth in aging population as well as per capita expenditure.
In 2016, market for Continuous Glucose Monitoring is expected to grow at a faster pace due to the non-invasiveness as well as increasing adoptability mainly in developed regions. Scope of the Report: Global Glucose Monitoring Devices Market: Trends, Opportunities and Forecasts (2016-2021) - (By Devices Type: BGM - Monitors, Strips, Lancets and CGM - Monitors, Transmitters and Receivers, Sensors; By Region-North America, Latin America, Asia Pacific, Africa, Europe, Middle East; By Country- US, Canada, Brazil, Chile, South Africa, India, China, UK, Germany) analyses the following aspects of global Glucose Monitoring devices market: Global Glucose Monitoring device market size, Share & Forecast; Device Types - Blood Glucose Monitoring Devices and Continuous Glucose Monitoring Devices; Regional Analysis - North America, Latin America, Asia Pacific, Africa, Europe, Middle East; Country Analysis - United States, Canada, Brazil, Chile, South Africa, India, China, United Kingdom, Germany; Policy & Regulatory Landscape; Changing Market Trends & Emerging Opportunities; Competitive Landscape & Strategic Recommendations. Order the Global Glucose Monitoring Devices Market: Trends, Opportunities and Forecasts (2016-2021) (By Devices Type: BGM - Monitors, Strips, Lancets and CGM - Monitors, Transmitters and Receivers, Sensors; By Region-North America, Latin America, Asia Pacific, Africa, Europe, Middle East; By Country- US, Canada, Brazil, Chile, South Africa, India, China, UK, Germany) report at http://www.reportsnreports.com/Purchase.aspx?name=512835.
Company Profiling: F. Hoffmann-La Roche AG, Abbott Laboratories, Bayer Healthcare AG, Arkray, Inc., Medtronic Inc., Novo Nordisk, DexCom Inc., Bionime Corp., Ypsomed AG and LifeScan, a Johnson & Johnson Company.
List of Figures
Figure 1: Global Glucose Monitoring Devices Market, 2011-2015 (USD Billion)
Figure 2: Global Glucose Monitoring Devices Market Size, 2016E-2021F (USD Billion)
Figure 3: Estimated Growth in Prevalence of Diabetes Globally (in Million)
Figure 4: Global Glucose Monitoring Devices Market - By Type, By Segment, 2016E (in USD Billion)
Figure 5: Global Glucose Monitoring Devices Market - By Type, By Segment, 2021F (in USD Billion)
Figure 6: Global Continuous Glucose Monitoring Devices Market, By Transmitter and Receiver 2011-2021F (in USD Billion)
Figure 7: Global Continuous Glucose Monitoring Devices Market, By Sensor 2011-2021F (in USD Billion)
Figure 8: Global Continuous Glucose Monitoring Devices Market, By Monitor 2011-2021F (in USD Billion)
Figure 9: Global Blood Glucose Monitoring Devices Market , By Strips 2011-2021F (in USD Billion)
Figure 10: Global Blood Glucose Monitoring Devices Market , By Lancets 2011-2021F (in USD Billion)
Figure 11: Global Glucose Monitoring Devices Market - By BGM Device Components, By Monitors 2011-2021F (in USD Billion)
And more.
Explore other reports on medical devices market http://www.reportsnreports.com/market-research/medical-devices/.
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