DUBLIN--(BUSINESS WIRE)--The "Glucose Monitoring Devices Market to 2027 - Global Analysis and Forecasts by Product; End User and Geography" report has been added to ResearchAndMarkets.com's offering.
The global glucose monitoring devices market is expected to reach US$ 21.8Bn in 2027 from US$ 12.6Bn in 2018. The market is estimated to grow with a CAGR of 6.4% from 2019-2027.
The market is driven by the factors such as, rising incidence of diabetes, growing geriatric population, increasing prevalence of obesity across the globe, and rapid technological advancement in Glucose Monitoring devices. However, the factors restraining the market growth are high cost of glucose monitoring devices.
Obesity, sedentary lifestyle and improper diet play a major role in increasing diabetes among the population worldwide. Physical activity is important to maintain the blood glucose level. Lack of exercise and unhealthy diet such as diet high in fat and calories increase the risk for the development of obesity and diabetes.
Obesity is one of the major problem and the biggest concern in all the communities across the globe. Currently, more than one in two adults and nearly one in six children are obese. Obesity is one of the major issue affect people of all ages and incomes globally. According to World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older were overweight - and out of these over 650 million adults were obese. Therefore, owing to these factors the market is likely to witness growth during the forecast period.
Global glucose monitoring devices market was segmented by product and end user. The product segment was further divided as Glucometers, Lancets, Testing Strips and Other Glucose. The test strips segment is expected to dominate the market owing to the rise in the prevalence of the diabetes and rise in number of blood glucose monitoring tests.
Based on the end user the glucose monitoring device market is segmented into hospitals and clinics and home care. The homecare held the major market share among the end user segment owing to ease of use, availability, and accessibility of glucose monitoring devices.
Some of the major primary and secondary sources included in the report for the glucose monitoring devices market are World Health Organization, American Diabetes Association, National Institute of Diabetes and Digestive and Kidney Diseases, Diabetes UK, Centers for Disease Control and Prevention, Chinese Diabetes Society, International Diabetes Federation and others.
Key Topics Covered
1.1. SCOPE OF THE STUDY
1.2. REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Glucose Monitoring Devices Market - By Product
1.3.2 Glucose Monitoring Devices Market - By End user
1.3.3 Glucose Monitoring Devices Market - By Region
188.8.131.52 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. GLUCOSE MONITORING DEVICES MARKET LANDSCAPE
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. GLUCOSE MONITORING DEVICES MARKET - KEY MARKET DYNAMICS
5.1. Key Market Drivers
5.2. Key Market Restraints
5.3. Key Market Opportunities
5.4. Future Trends
5.5. Impact Analysis of Drivers and Restraints
6. GLUCOSE MONITORING DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. Glucose Monitoring Devices - Global Market Overview
6.2. Glucose Monitoring Devices - Global Market and Forecast to 2027
6.3. Market Positioning/Market Share
7. GLUCOSE MONITORING DEVICES MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. TESTING STRIPS
7.3.2. Testing strips Market Forecast and Analysis
7.4.2. Glucometers Market Forecast and Analysis
7.5.2. Lancets Market Forecast and Analysis
7.6.2. Other Market Forecast and Analysis
8. GLUCOSE MONITORING DEVICES MARKET - REVENUE AND FORECASTS TO 2027 - END USER
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3.2. Homecare Market Forecast and Analysis
8.4. HOSPITALS AND CLINICS
8.4.2. Hospitals and Clinics Market Forecast and Analysis
9. GLUCOSE MONITORING DEVICES MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. North America
9.4. Middle East and Africa
9.5. South and Central America
10. INDUSTRY LANDSCAPE
10.1. Mergers and Acquisitions
10.2. Agreements, Collaborations and Join Ventures
10.3. New Product Launches
10.4. Expansions and Other Strategic Developments
11. GLUCOSE MONITORING DEVICES MARKET, KEY COMPANY PROFILES
11.1. F. Hoffmann-La Roche Ltd.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. B. Braun Melsungen AG
11.5. Lifescan Inc.
11.6. Ascensia Diabetes Care Holdings AG
11.7. Ypsomed AG
11.8. Omron Corporation
11.9. GE Healthcare
11.10. Nipro Corporation
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