Regional Trends On Diabetes Monitors Market (2020-2023) | size, Share, Trends and Global Growth

 Diabetes Monitors Market - Overview

Diabetes monitors are used for monitoring glucose levels in the human bodies to optimize treatment strategies and provide insight into the effect of diet, medications, and exercise on the patient. As a cure for diabetes is yet to be developed so, managing this condition is the most successful means for its control. 

Hence, diabetes monitors are essential and highly effective components for the disease management regime. Owing to the increasing prevalence of diabetes the diabetes monitors market is growing pervasively.  Moreover, factors such as the technological advancements, are escalating the market on the global level. 

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Acknowledging the exponential upsurges, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global diabetes monitors market will reach USD 17458.1 MN by 2023, registering approximately 8.3% CAGR throughout the forecast period (2017-2023).

Additional factors boosting the market growth include huge research funding in diabetes diagnosis and treatment and rising approval from regulatory bodies. Huge technological advancements and the vast uptake of smart technology drives the growth of the diabetes monitors market. 

On the flip side, factors impeding the growth of the global diabetes monitors market include the high cost associated with these monitors and the stringent FDA approvals & reimbursement policies. Nevertheless, factors such as the increasing demand for these diabetes monitors are expected to support market growth.

Global Diabetes Monitors Market – Segments

MRFR has segmented the report into five key dynamics for an easy grasp;

By Sample: Blood, Sweat, and Urine Samples.

By Type: Point Sample Test-based Glucose Monitors, and Continuous Glucose Monitors (CGM) among others. 

By Component: Lancet, Glucose Test Strips, and Sensors (Enzyme-based and Enzyme-free Sensors) among others. 

By End-users:  Diagnostic Clinics, Hospitals, and Home among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Diabetes Monitors Market – Geographical Analysis 

North America accounts for the leading position in the worldwide diabetes monitors market followed by the European and Asia Pacific regions, respectively. The region is expected to reach USD 6623.4 MN by 2023. 

Factors substantiating the market growth include the presence of a vast patient population, the leading players, a well-developed technology, and high healthcare expenditure in the region. Moreover, the factors such as the high prevalence of diabetes and support from the companies, private organization, and government associations to improve diabetes care drives the market in the region. 

Browse Complete 85 Pages Premium Research Report Enabled with 30+ Respective Tables and Figures at https://www.marketresearchfuture.com/reports/diabetes-monitors-market-4781 

Europe holds the next largest share in the global diabetes monitors market, the resurging economy in this region is playing a vital role in the growth of the market by availing the best possible healthcare and increasing the healthcare expenditures. Additionally, government support that encourages manufacturers of diabetes monitors to develop better devices is in turn, fostering the market growth in the region. 

The Asia Pacific region accounts for a profitable market for diabetes monitors. The increasing number of diabetic patients and rapidly improving healthcare sector are positively impacting the market growth in the region. The APAC diabetes monitors market is expected to grow at 8.9% CAGR during the period - 2017-2023.

The spreading awareness among individuals towards the advantages and the availability of these devices drives the market growth in the region. Furthermore, the increasing per capita income alongside the rising healthcare concerns are leading to increasing the market size of the diabetes monitors market. 

Global Diabetes Monitors Market – Competitive Analysis 

The highly competitive, diabetes monitors market appears to be widely expanded and fragmented characterized by the several small and large-scale companies operating the market. Well-established players incorporate strategic initiatives such as acquisition, partnership, collaboration, expansion, and product launch to gain a competitive edge and to maintain their positions in the market. 

Key Players: 

Key players leading the global diabetes monitors market include Abbott Laboratories, Panasonic, Dexcom, Inc., Medtronic, F. Hoffmann-La Roche Ltd, LifeScan, Inc., and Sanofi among others.

Industry/ Innovation/ Related News: 

January 07, 2019 –– InventHelp (USA), an inventor service firm that helps inventors announced the development of a Modified Glucose Monitor - Gluco Display – that provides an easy and effective way to assess blood glucose levels, offering an alternative to traditional glucose monitors. Gluco Display featuring a user-friendly design that is convenient and easy to use could help to reduce pain and discomfort.

January 07, 2019 –– Verily (US), a subsidiary research organization of Alphabet focused on the study of life sciences, and healthcare announced raising of USD 1 BN to support its healthcare to bolster growth in key areas such as investments in new strategic partnerships and potential acquisitions.

Verily also confirmed that it can leverage its partnerships with medical device companies Dexcom, Sanofi, and Sensile Medical to tap into a revenue stream. Verily is planning to develop devices spanning less intrusive blood glucose monitors and "all-in-one" medical-grade insulin pumps. 

Ask Any Question at https://www.marketresearchfuture.com/enquiry/4781 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

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Pune – 411028

Maharashtra, India

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Email: sales@marketresearchfuture.com 

News: Diabetes Monitors Market Top companies | analysis | Regional Forecast

 

Market Highlights

Market Research Future (MRFR) evaluated the diabetes monitors market 2020 for the forecast period 2017-2023. By 2023, the diabetes monitor market can rise at 8.3% CAGR.

The increase in low fiber food intake is leading to rise in metabolic diseases. Among these, most are diabetic patients. Along with the rise in cases of type 1 diabetes, type 2 diabetes cases are also observed to peak. Diabetes is a silent killer and requires periodic check-up. Often, frequent visit to clinics becomes tedious. Hence, are large number of patients prefer diabetes monitor that can check blood glucose level at home. At the same time, to monitor types of diabetes and also, gestational diabetes, hospitals and clinics highly rely on diabetes monitors. Other type of diabetes, such as monogenic diabetes and cystic fibrosis-related diabetes can also be checked by diabetes monitors. These are some factors that are observed to promote the expansion of the diabetes market in the years ahead. Other causes that can favor the   diabetes monitoring market are technological innovations, hefty research funds, rise in diabetes cases, rapid approval by regulatory bodies, and expansion of world obesity population. On the contrary, high diagnosis and treatment expense for diabetes, and lack of good reimbursement policies can limit the diabetes monitors market rise in the years to come.

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Market Segmentation

 

The segment assessment of the diabetes monitors market is done by type, sample, end-users, and component.

The sample based segment of the diabetes monitors market are sweat samples, blood samples, and urine samples among others.

The type based segment of the diabetes market are continuous glucose monitors (CGM), point sample test based glucose monitors, and enzyme free sensor based glucose monitors. The continuous glucose monitors are used largely. Re-usable sensor-based and Disposable sensor-based are two popular types of CGM.

The component based segment of the diabetes monitor market are sensors, lancet, and glucose test strips. Sensors sub-segments are enzyme-free sensors and enzyme-based sensors.

The end –users based segment of the diabetes monitor market are hospitals, diagnostic clinics, and home. The home segment to earn decent revenue for the world market.

 

Regional Analysis

 

Trends of the diabetes monitors market is assessed across EU, the Americas, APAC, and the MEA. The expansion of the diabetes patient in North America due to sedentary life style and high intake of low fiber content diet can tout North America diabetes monitor market in the analysis period. According to National Diabetes Statistics Report, a considerable population of the U.S. has type 1 diabetes. In addition, increase in cases of type 2 diabetes in the region is also creating the demand for diabetes monitors. These are identified as factors that can boost the regional market in the analysis period. In Europe, the diabetes monitor market can earn high revenue in the approaching years due to similar growth factors that are observed in North America. In addition, the rise in support from the regional government are observed to make substantial investment in the healthcare domain for effective innovations that can improve the momentum of Europe market. In Asia Pacific, the rise in the need for cost-effective glucose monitoring devices by the large pool of patient can drive the expansion of the regional diabetes monitor market. In MEA, the market can experience moderate growth as technical development in the region is yet to match the rest of the World.

Major Key Players

MRFR lists some noteworthy diabetes monitor marketers. They are; Abbott Laboratories, Panasonic, Dexcom, Inc., F. Medtronic, Hoffmann-La Roche Ltd, Sanofi, and LifeScan, Inc.

Read  More @ https://www.marketresearchfuture.com/reports/diabetes-monitors-market-4781

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Diabetes Monitors Market- Updates, Growth, Trends and Analysis

 

Market Highlights

Market Research Future (MRFR) evaluated the diabetes monitors market 2020 for the forecast period 2017-2023. By 2023, the diabetes monitor market can rise at 8.3% CAGR.

The increase in low fiber food intake is leading to rise in metabolic diseases. Among these, most are diabetic patients. Along with the rise in cases of type 1 diabetes, type 2 diabetes cases are also observed to peak. Diabetes is a silent killer and requires periodic check-up. Often, frequent visit to clinics becomes tedious. Hence, are large number of patients prefer diabetes monitor that can check blood glucose level at home. At the same time, to monitor types of diabetes and also, gestational diabetes, hospitals and clinics highly rely on diabetes monitors. Other type of diabetes, such as monogenic diabetes and cystic fibrosis-related diabetes can also be checked by diabetes monitors. These are some factors that are observed to promote the expansion of the diabetes market in the years ahead. Other causes that can favor the   diabetes monitoring market are technological innovations, hefty research funds, rise in diabetes cases, rapid approval by regulatory bodies, and expansion of world obesity population. On the contrary, high diagnosis and treatment expense for diabetes, and lack of good reimbursement policies can limit the diabetes monitors market rise in the years to come.

Get Latest Free Sample Copy With Covid19 Impact @ https://www.marketresearchfuture.com/sample_request/4781

Market Segmentation

 

The segment assessment of the diabetes monitors market is done by type, sample, end-users, and component.

The sample based segment of the diabetes monitors market are sweat samples, blood samples, and urine samples among others.

The type based segment of the diabetes market are continuous glucose monitors (CGM), point sample test based glucose monitors, and enzyme free sensor based glucose monitors. The continuous glucose monitors are used largely. Re-usable sensor-based and Disposable sensor-based are two popular types of CGM.

The component based segment of the diabetes monitor market are sensors, lancet, and glucose test strips. Sensors sub-segments are enzyme-free sensors and enzyme-based sensors.

The end –users based segment of the diabetes monitor market are hospitals, diagnostic clinics, and home. The home segment to earn decent revenue for the world market.

 

Regional Analysis

 

Trends of the diabetes monitors market is assessed across EU, the Americas, APAC, and the MEA. The expansion of the diabetes patient in North America due to sedentary life style and high intake of low fiber content diet can tout North America diabetes monitor market in the analysis period. According to National Diabetes Statistics Report, a considerable population of the U.S. has type 1 diabetes. In addition, increase in cases of type 2 diabetes in the region is also creating the demand for diabetes monitors. These are identified as factors that can boost the regional market in the analysis period. In Europe, the diabetes monitor market can earn high revenue in the approaching years due to similar growth factors that are observed in North America. In addition, the rise in support from the regional government are observed to make substantial investment in the healthcare domain for effective innovations that can improve the momentum of Europe market. In Asia Pacific, the rise in the need for cost-effective glucose monitoring devices by the large pool of patient can drive the expansion of the regional diabetes monitor market. In MEA, the market can experience moderate growth as technical development in the region is yet to match the rest of the World.

Major Key Players

MRFR lists some noteworthy diabetes monitor marketers. They are; Abbott Laboratories, Panasonic, Dexcom, Inc., F. Medtronic, Hoffmann-La Roche Ltd, Sanofi, and LifeScan, Inc.

Read  More @ https://www.marketresearchfuture.com/reports/diabetes-monitors-market-4781

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

NEWS: Technology Trends on Diabetes Monitors Market (2020-2023) | MRFR

Diabetes Monitors Market - Overview

Diabetes monitors are used for monitoring glucose levels in the human bodies to optimize treatment strategies and provide insight into the effect of diet, medications, and exercise on the patient. As a cure for diabetes is yet to be developed so, managing this condition is the most successful means for its control. 

Hence, diabetes monitors are essential and highly effective components for the disease management regime. Owing to the increasing prevalence of diabetes the diabetes monitors market is growing pervasively.  Moreover, factors such as the technological advancements, are escalating the market on the global level. 

Request Sample Copy at https://www.marketresearchfuture.com/sample_request/4781 

Acknowledging the exponential upsurges, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global diabetes monitors market will reach USD 17458.1 MN by 2023, registering approximately 8.3% CAGR throughout the forecast period (2017-2023).

Additional factors boosting the market growth include huge research funding in diabetes diagnosis and treatment and rising approval from regulatory bodies. Huge technological advancements and the vast uptake of smart technology drives the growth of the diabetes monitors market. 

On the flip side, factors impeding the growth of the global diabetes monitors market include the high cost associated with these monitors and the stringent FDA approvals & reimbursement policies. Nevertheless, factors such as the increasing demand for these diabetes monitors are expected to support market growth.

Global Diabetes Monitors Market – Segments

MRFR has segmented the report into five key dynamics for an easy grasp;

By Sample: Blood, Sweat, and Urine Samples.

By Type: Point Sample Test-based Glucose Monitors, and Continuous Glucose Monitors (CGM) among others. 

By Component: Lancet, Glucose Test Strips, and Sensors (Enzyme-based and Enzyme-free Sensors) among others. 

By End-users:  Diagnostic Clinics, Hospitals, and Home among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Diabetes Monitors Market – Geographical Analysis 

North America accounts for the leading position in the worldwide diabetes monitors market followed by the European and Asia Pacific regions, respectively. The region is expected to reach USD 6623.4 MN by 2023. 

Factors substantiating the market growth include the presence of a vast patient population, the leading players, a well-developed technology, and high healthcare expenditure in the region. Moreover, the factors such as the high prevalence of diabetes and support from the companies, private organization, and government associations to improve diabetes care drives the market in the region. 

Browse Complete 85 Pages Premium Research Report Enabled with 30+ Respective Tables and Figures at https://www.marketresearchfuture.com/reports/diabetes-monitors-market-4781 

Europe holds the next largest share in the global diabetes monitors market, the resurging economy in this region is playing a vital role in the growth of the market by availing the best possible healthcare and increasing the healthcare expenditures. Additionally, government support that encourages manufacturers of diabetes monitors to develop better devices is in turn, fostering the market growth in the region. 

The Asia Pacific region accounts for a profitable market for diabetes monitors. The increasing number of diabetic patients and rapidly improving healthcare sector are positively impacting the market growth in the region. The APAC diabetes monitors market is expected to grow at 8.9% CAGR during the period - 2017-2023.

The spreading awareness among individuals towards the advantages and the availability of these devices drives the market growth in the region. Furthermore, the increasing per capita income alongside the rising healthcare concerns are leading to increasing the market size of the diabetes monitors market. 

Global Diabetes Monitors Market – Competitive Analysis 

The highly competitive, diabetes monitors market appears to be widely expanded and fragmented characterized by the several small and large-scale companies operating the market. Well-established players incorporate strategic initiatives such as acquisition, partnership, collaboration, expansion, and product launch to gain a competitive edge and to maintain their positions in the market. 

Key Players: 

Key players leading the global diabetes monitors market include Abbott Laboratories, Panasonic, Dexcom, Inc., Medtronic, F. Hoffmann-La Roche Ltd, LifeScan, Inc., and Sanofi among others.

Industry/ Innovation/ Related News: 

January 07, 2019 –– InventHelp (USA), an inventor service firm that helps inventors announced the development of a Modified Glucose Monitor - Gluco Display – that provides an easy and effective way to assess blood glucose levels, offering an alternative to traditional glucose monitors. Gluco Display featuring a user-friendly design that is convenient and easy to use could help to reduce pain and discomfort.

January 07, 2019 –– Verily (US), a subsidiary research organization of Alphabet focused on the study of life sciences, and healthcare announced raising of USD 1 BN to support its healthcare to bolster growth in key areas such as investments in new strategic partnerships and potential acquisitions.

Verily also confirmed that it can leverage its partnerships with medical device companies Dexcom, Sanofi, and Sensile Medical to tap into a revenue stream. Verily is planning to develop devices spanning less intrusive blood glucose monitors and "all-in-one" medical-grade insulin pumps. 

Ask Any Question at https://www.marketresearchfuture.com/enquiry/4781 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com 

Global Growth on Diabetes Monitors Market Forecast to 2023

Diabetes Monitors Market Overview

Diabetes monitors automatically track blood glucose levels, also called blood sugar, any time a patient needs. One can easily see glucose level anytime at a glance. The users can also review how their glucose level in the body changes over a few days or even a few hours to see the patterns. Diabetes monitoring in real time  can help people make more informed decisions about their diet and other things throughout the day, week, or month and can balance physical activity, food, and medicines without having to rely on costly lab tests.

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The blood sugar levels of everyone change during the day, and particularly after eating, but these changes are important to monitor for diabetic people, as their bodies do not control blood sugar on their own. However, the pancreas normally produces insulin for individuals without diabetes to keep conditions in check. Diabetes devices take up to five minutes to calculate and individuals can set alerts to warn them if their blood sugar levels are alarmingly high or low.

The increasing occurrence of diabetes in low and middle class families residing in different countries seems to be driven by a dietary change, urbanisation, and rapidly unhealthy lifestyles. Many other factors including rising technical advances, research support for diabetes diagnosis and care, growing government approval, and increased global diabetes rate also drive growth in the future. It is projected that the demand for diabetes monitoring solutions is expected to expand at an 8.3 per cent CAGR from 2017 to 2023.

Diabetes Monitors Market Segmentation

The worldwide diabetes monitoring market share is bifurcated by type, sample, component and end-users. The market is subdivided, depending on the sample, into urine samples,  sweat samples, blood samples, and others. The global diabetes monitoring is categorized by type into continuous glucose monitors,  point-sample test-based glucose monitors, and enzyme-free glucose-based sensor monitoring systems. the former is further subdivided into, and CGM based on reusable sensors and disposable sensor based CGM. The market is categorized as per the components as glucose check strips, lancet, and sensors. Based on end users, the global market for diabetes monitoring is segmented into diagnostic clinics, hospitals, and homes.

Diabetes Monitors Market Regional Overview

Due to the size of the patient group, a very well-developed infrastructure, higher healthcare spending, and the existence of major players, the Americas dominates the diabetes monitoring market. Europe is in second place in the market for diabetes monitors. It is anticipated that the funding provided for research & development by public authorities together with an excellently-developed tech environment would drive the demand for diabetes monitors in the European region. During the forecast period, the Asia Pacific region is expected to become the fastest growing market. However, due to the presence of weak and underdeveloped countries, particularly in the African market, the Middle East and Africa holds the smallest share in the global market.

Industry News

So far, the NHS Long Term Program has delivered diabetes monitors to thousands of people around the world, helping about 30 000 people with a type I diabetes. The sensors, that are the size of a £2 coin and made to wear on the chest, ensure that people with type I don't have to conduct several uncomfortable finger-prick tests to track their blood sugar.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

NEW UPDATE: Diabetes Monitors Market Size, To Forecast by 2023

Diabetes Monitors Market - Overview

Diabetes monitors are used for monitoring glucose levels in the human bodies to optimize treatment strategies and provide insight into the effect of diet, medications, and exercise on the patient. As a cure for diabetes is yet to be developed so, managing this condition is the most successful means for its control.

Hence, diabetes monitors are essential and highly effective components for the disease management regime. Owing to the increasing prevalence of diabetes the diabetes monitors market is growing pervasively.  Moreover, factors such as the technological advancements, are escalating the market on the global level.

Get Sample Copy @  https://www.marketresearchfuture.com/sample_request/4781

Acknowledging the exponential upsurges, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global diabetes monitors market will reach USD 17458.1 MN by 2023, registering approximately 8.3% CAGR throughout the forecast period (2017-2023).

Additional factors boosting the market growth include huge research funding in diabetes diagnosis and treatment and rising approval from regulatory bodies. Huge technological advancements and the vast uptake of smart technology drives the growth of the diabetes monitors market.

On the flip side, factors impeding the growth of the global include the high cost associated with these monitors and the stringent FDA approvals & reimbursement policies. Nevertheless, factors such as the increasing demand for these diabetes monitors are expected to support market growth.

Global Diabetes Monitors Market – Segments

MRFR has segmented the report into five key dynamics for an easy grasp;

By Sample: Blood, Sweat, and Urine Samples.

By Type: Point Sample Test-based Glucose Monitors, and Continuous Glucose Monitors (CGM) among others.

By Component: Lancet, Glucose Test Strips, and Sensors (Enzyme-based and Enzyme-free Sensors) among others.

By End-users:  Diagnostic Clinics, Hospitals, and Home among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Diabetes Monitors Market – Geographical Analysis

The global diabetes monitors market trends consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas is the leading market across the globe on account of increasing patient population. As per the National Diabetes Statistics Report suggested by Centers for Disease Control and Prevention, it is found that 9.4% of the U.S. population i.e. 30.3 million people had diabetes in 2015.

Europe accounts for the second largest market in the world. Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market, which is majorly contributed by Germany, the U.K., and France. The increasing government support for development of the healthcare domain drives the European market.

Asia Pacific region is projected to be the fastest growing region during the forecast period. Increasing need for cost-effective glucose monitoring devices, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.

The Middle East and Africa holds the least share of the global market owing to the presence of poor and slow developing countries, especially, in African region.

 Browse Complete 85 Pages Premium Research Report Enabled with 30+ Respective Tables and Figures at  https://www.marketresearchfuture.com/reports/diabetes-monitors-market-4781 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Latest Research on Diabetes Monitors Market Forecast to 2023

Market HighlightsDiabetes is a metabolic disease that occurs when blood glucose level is too high either due to inadequate insulin production or because of low response towards insulin. The three most common type of diabetes are Type 1, Type 2, and gestational diabetes. Other less common type includes cystic fibrosis-related diabetes, and monogenic diabetes. The frequent blood glucose monitoring is critical for diabetic management, as the maintenance of standard glucose level, i.e. 4–8 mM, is the only way that a diabetic person can lead a healthy lifestyle. According to WHO, global prevalence of diabetes has risen from 4.7% to 8.5% in 2014. It is also estimated that around 1.6 million deaths have occurred in 2015 due to diabetes worldwide.

Rise in technological innovations, huge research funding for diabetes diagnosis and treatment, increasing prevalence and incidence of diabetes, rising approval from regulatory bodies, and increasing global obesity population. However, high cost associated with diagnosis and treatment of diabetes, and stringent reimbursement policies may hinder the growth of market to an extent.

It is estimated that diabetes monitors market is expected to grow at a CAGR 8.3% during the forecast period 2017-2023.

Taste the market data and market information presented through more than 296 market data tables and figures spread over 251 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “diabetes monitors market research report–Global forecast till 2023.”

Major Key Players in Global Diabetes Monitors MarketSome of key the players in the market are Panasonic, Abbott Laboratories, Dexcom, Inc., F. Hoffmann-La Roche Ltd , Medtronic, LifeScan, Inc., Sanofi, and others. 

The global diabetes monitors market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas is the leading market across the globe on account of increasing patient population. As per the National Diabetes Statistics Report suggested by Centers for Disease Control and Prevention, it is found that 9.4% of the U.S. population i.e. 30.3 million people had diabetes in 2015.

Europe accounts for the second largest market in the world. Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market, which is majorly contributed by Germany, the U.K., and France. The increasing government support for development of the healthcare domain drives the European market.

Asia Pacific region is projected to be the fastest growing region during the forecast period. Increasing need for cost-effective glucose monitoring devices, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.

The Middle East and Africa holds the least share of the global market owing to the presence of poor and slow developing countries, especially, in African region. 

Segmentation

The global diabetes monitors market is segmented on the basis of sample, type, component, and end-users.

On the basis of sample, the market is segmented into blood samples, sweat samples, urine samples, and others.

On the basis of type, the market is classified into point sample test based glucose monitors, continuous glucose monitors, and enzyme free sensor based glucose monitors. Continuous glucose monitors are further segmented into disposable sensor based CGM, and re-usable sensor based CGM.

On the basis of components, the market is classified into lancet, glucose test strips, and sensors. Sensors are further segmented into enzyme-based sensors, and enzyme-free sensors

On the basis of end -users, the market is segmented into diagnostic clinics, hospitals, and home.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/diabetes-monitors-market-4781

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever  required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Akash Anand                                                                       

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Global Analysis On Diabetes Monitors Market 2020

Diabetes monitors market Insights 

Rapid urbanization, a growing geriatric population, changing lifestyles and a prevalence of unbalanced diets have contributed to the increasing occurrence of type 2 diabetes in the global population. This has inevitably created a more widespread demand for diabetes monitors. Both type 1 and 2 diabetes are widespread across the globe, with type 2 being the more commonly occurring form of diabetes of the two. According to the International Diabetes Federation 1 in 11 adults (425 millions) has diabetes and over two-thirds of these cases are recorded in urban areas. While, there is no cure for the disease, it can be managed through ongoing monitoring, the demand for appropriate diabetic monitoring technologies has incited considerable growth and will continue to do so as the market develops during the forecast period.

Market Research Future (MRFR) has published a comprehensive market report that identifies trends and restraints that affect growth. The report also identifies market opportunities based on extensive analysis of the diabetes monitors market. MRFR has revealed that the global market is estimated to reach a value of USD $17.4 billion by 2023 and experience a CAGR of 8.3% during the forecast period (2017 - 2023). 

The global diabetes monitors market is projected to witness considerable growth during the forecast period, this is due to the huge research and development investment in advancing treatment options and providing monitoring solutions that are semi to non-invasive. Governments and other regulatory bodies worldwide, are encouraging innovative relevant technologies for diabetes monitoring. Although high costs associated with diagnosis & treatment and the inconvenience associated with common monitoring devices (finger pricking) are expected to hamper market growth, the demand for efficient and affordable monitoring methods is likely to propel growth as innovation progresses.

Market Segmentation

Segmental analysis of the global diabetes monitors market has been based on sample, type, component and end-users.

Based on sample, the market has been segmented into blood samples, urine samples, sweat samples and others. Blood samples are the largest market segment and is expected to possess a 75.70% share and witness a CAGR of 8.6% during the forecast period of 2017 to 2023. 

Based on type, the market has been segmented into point sample test based glucose monitors, continuous glucose monitors and enzyme free sensor based glucose monitors. Continuous glucose monitors (CGM) have been further sub-segmented to include, disposable sensor based CGM and re-usable sensor based CGM

Based on components, the market has been classified into lancet, glucose test strips and sensors. Sensors have been sub-segmented into enzyme based sensors and enzyme free sensors.

Based on end users, the market has been segmented into diagnostic clinics, hospitals and home.

Regional Analysis

The Americas possess the largest global market share owing to the strong presence of leading market players, large investments in research & development, a well-developed health sector and a large patient population in the region. The high prevalence of diabetes in this area has prompted government and private organizations to actively encourage improvement of treatment options available. 

Europe holds the second largest global market share and like the Americas, this region has supportive government associations that drive research and development to improve existing monitoring technologies. The strong potential for viable treatment and monitoring innovations from this region are fueling market growth. 

Asia Pacific is predicted to be the fastest growing global market segment. Countries such as India and China count amongst countries with the highest occurrence of diabetes, the presence of a colossal patient population in the region is driving substantial growth for the region. There is a strong requirement for affordable monitoring devices and other relevant diabetes care which is attracting major players to cater to this region.

The Middle East and Africa includes countries such as the U.A.E., Qatar and Kuwait where an immensely rapid urbanization has led to a high number of diabetes diagnoses, thus driving growth for this market. However, due to the presence of impoverished and under developed economies of many African countries in this region is expected to limit growth during the forecast period.

Key Players

MRFR’s report analyzes the strategies of major players that participate in the competitive landscape of this market so as to provide relevant insights. Key players included in the report are LifeScan Inc., Panasonic, Dexcom Inc., Abbot Laboratories, F.Hoffmann La-Roche Ltd., Medtronic and Sanofi.  

Latest Industry News

Dexcom has announced Food and Drug Administration (FDA) approval of the Dexcom G6 CGM System. The device is developed to be used as a standalone CGM and for integration into automated insulin dosing (AID) devices. Perhaps the most impressive feature about this system is that it eliminated the need for finger sticks and is non-invasive. The sensor is also developed for longer use and will last 43% longer than previous version of the device.

Researchers at the UC San Diego Jacobs School of Engineering led by UC San Diego Centre for Wearable Sensors director and co-director have developed a glucose monitoring patch that is non-invasive. The patch is applied onto the skin like a temporary children's tattoo and contains electrodes that apply a minuscule electric current which forces molecules of glucose to rise to the surface for measurement. This monitoring method has enrolled for clinical trials. The method is expected to potentially be a viable non-invasive, user friendly and affordable monitoring solution.

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Diabetes Monitors Market -Size, Global growth and Forecast to 2023

Market HighlightsDiabetes is a metabolic disease that occurs when blood glucose level is too high either due to inadequate insulin production or because of low response towards insulin. The three most common type of diabetes are Type 1, Type 2, and gestational diabetes. Other less common type includes cystic fibrosis-related diabetes, and monogenic diabetes. The frequent blood glucose monitoring is critical for diabetic management, as the maintenance of standard glucose level, i.e. 4–8 mM, is the only way that a diabetic person can lead a healthy lifestyle. According to WHO, global prevalence of diabetes has risen from 4.7% to 8.5% in 2014. It is also estimated that around 1.6 million deaths have occurred in 2015 due to diabetes worldwide.

Rise in technological innovations, huge research funding for diabetes diagnosis and treatment, increasing prevalence and incidence of diabetes, rising approval from regulatory bodies, and increasing global obesity population. However, high cost associated with diagnosis and treatment of diabetes, and stringent reimbursement policies may hinder the growth of market to an extent.

It is estimated that diabetes monitors market is expected to grow at a CAGR 8.3% during the forecast period 2017-2023.

Taste the market data and market information presented through more than 296 market data tables and figures spread over 251 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “diabetes monitors market research report–Global forecast till 2023.”

Major Key Players in Global Diabetes Monitors MarketSome of key the players in the market are Panasonic, Abbott Laboratories, Dexcom, Inc., F. Hoffmann-La Roche Ltd , Medtronic, LifeScan, Inc., Sanofi, and others.

The global diabetes monitors market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas is the leading market across the globe on account of increasing patient population. As per the National Diabetes Statistics Report suggested by Centers for Disease Control and Prevention, it is found that 9.4% of the U.S. population i.e. 30.3 million people had diabetes in 2015.

Europe accounts for the second largest market in the world. Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market, which is majorly contributed by Germany, the U.K., and France. The increasing government support for development of the healthcare domain drives the European market.

Asia Pacific region is projected to be the fastest growing region during the forecast period. Increasing need for cost-effective glucose monitoring devices, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.

The Middle East and Africa holds the least share of the global market owing to the presence of poor and slow developing countries, especially, in African region.

Segmentation

The global diabetes monitors market is segmented on the basis of sample, type, component, and end-users.

On the basis of sample, the market is segmented into blood samples, sweat samples, urine samples, and others.

On the basis of type, the market is classified into point sample test based glucose monitors, continuous glucose monitors, and enzyme free sensor based glucose monitors. Continuous glucose monitors are further segmented into disposable sensor based CGM, and re-usable sensor based CGM.

On the basis of components, the market is classified into lancet, glucose test strips, and sensors. Sensors are further segmented into enzyme-based sensors, and enzyme-free sensors

On the basis of end -users, the market is segmented into diagnostic clinics, hospitals, and home.

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