Blood Glucose Monitoring Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A blood glucose monitoring system is a medical device used to track and monitor glucose levels in the blood. This system will help the patients to track & monitor the fluctuations in the sugar level. The various components of a blood glucose monitoring system are insulin pumps, sensors, Blood Glucose meters, testing strips, transmitters, and receivers, among others, to monitor it in real-time.

MARKET DYNAMICS

Blood glucose monitoring systems market is driving due to the growing prevalence of diabetes, increasing number of product launches. However, high cost and poor reimbursement of blood glucose monitoring systems and supplies is hindering the market's growth. Moreover, pipeline products and ongoing research and technological advancements in blood glucose monitoring systems is expected to provide opportunities in the global blood glucose monitoring systems market.

MARKET SCOPE

The "Blood Glucose Monitoring Systems Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of blood glucose monitoring systems market with detailed market segmentation by product, testing type, and application. The blood glucose monitoring systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in blood glucose monitoring systems market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The blood glucose monitoring systems market is segmented on the basis of product, testing type, and application. Based on product, the market is segmented as self-monitoring blood glucose systems, continuous glucose monitoring systems. Based on testing type, the market is segmented as invasive, non-invasive. Based on application, the market is segmented as type 1 diabetes, type 2 diabetes, gestational diabetes.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Blood glucose monitoring systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The blood glucose monitoring systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting blood glucose monitoring systems market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Blood glucose monitoring systems market in these regions.

MARKET PLAYERS

The report covers key developments in the blood glucose monitoring systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Blood glucose monitoring systems market are anticipated to have lucrative growth opportunities in the future with the rising demand for Blood glucose monitoring systems in the global market. Below mentioned is the list of few companies engaged in the Blood glucose monitoring systems market.

The report also includes the profiles of key players in blood glucose monitoring systems market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Abbott Laboratories
  
•   Medtronic
  
•   Ypsomed
  
•   F. Hoffmann-La Roche
  
•   Lifescan
  
•   Ascensia Diabetes Care
  
•   Dexcom
  
•   B. Braun Melsungen AG
  
•   Nipro
  
•   Sanofi
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Blood Glucose Monitoring Systems Report Scope