Maximize Market Research's latest report, " Global Self-Monitoring Blood Glucose Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Self-Monitoring Blood Glucose Market was valued US$ 7.80 Bn in 2019 and is expected to reach US$ 16.10 Bn by 2027, at a CAGR of 9.48 % during a forecast period.
Global Self-Monitoring Blood Glucose Market Overview
The test strips segment held the xx% market share in 2019 and is projected to remain dominant during the forecast period because of economical pricing of test strips over glucose meters. In addition, easy availability of these strips are also expected to boost the global self-monitoring blood glucose market. The Blood glucose test strips are used to measure the glucose level in the blood. High adoption and expenditure on testing strips by diabetes patients are expected to contribute xx% share in the market. For instance, in the UK, 90% diabetes patients are prefering blood glucose meter with testing strips. The technology advancements in testing strips like the Solo meter helps to provide rapid and more accurate test outcomes. The developments coupled with availability of test strips at affordable cost are expected to boost testing strips market growth during the forecast period.
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Global Self-Monitoring Blood Glucose Market Major Market Players
• Abbott Laboratories
• Ascensia Diabetes Care Holdings AG
• All Medicus Co. Ltd.
• Arkray Inc.
• B. Braun Melsungen AG
• Bayer Corporation
• Bionime Corporation
• Dexcom Inc.
• Essenlife Bioscience Inc.
• Eumed Biotechnology Ltd.
• F. Hoffmann-La Roche
• Johnson & Johnson
• Medtronic plc
• Nova Biomedical
• Sinocare
• Rossmax
• Medisana
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Self-Monitoring Blood Glucose Market by Types and Applications:
Global Self-Monitoring Blood Glucose Market, By Product Type
• Glucose meters
• Lancets
• Test strips
Global Self-Monitoring Blood Glucose Market, By Distribution Channel
• Online retailers
• Hospital pharmacies
• Retail pharmacies
• Mail order pharmacies
Global Self-Monitoring Blood Glucose Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
The report has covered the market size by country (regions) for the global Self-Monitoring Blood Glucose market. Segment by Application. The Self-Monitoring Blood Glucose Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Self-Monitoring Blood Glucose Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Self-Monitoring Blood Glucose Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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