COVID-19 Impact on Global Blood Glucose Monitoring Systems Market 2020: Industry Trends, Size, Share, Growth Applications, SWOT Analysis by Top Key Players and Forecast Report to 2025
The Global Blood Glucose Monitoring Systems Market is estimated to register a CAGR of 12.2% from 2017 to 2025. Glucose monitoring is very important in diabetes management. Technological advancement is the contributing factor to the growth of the market.
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The advent of continuous glucose monitoring devices have exhibited promising growth in the market. These devices function day and night providing real time glucose readings. Several studies have also proven that application of CGM can help in reducing A1C and hypoglycaemia.
Boom in diabetes population across the world is attributing to the growth of the market. Furthermore, rising geriatric population is also expected to fuel market growth during the study period. Technological advancements, increasing R&D investments, high disease burden, and untapped opportunities in developing countries are accelerating market growth. However, high cost of devices in congruence with inadequate reimbursement scenario are expected to hinder market growth.
New product development and launch is the key strategy adopted by the market players to maintain its position in the market. For instance, Medtronic announced the launch of MiniMed 670G System in the U.S. in June 2017. The new CGM is a hybrid closed loop system for type 1 diabetic, and features the company?s advanced SmartGuard HCL Technology and New Guardian Sensor 3.
The market is segmented by Product, Testing Site, End Users, and by Region.
Key Companies Mentioned
Abbott Laboratories
Roche
Lifescan
Ascensia Diabetes Care
Dexcom
Medtronic
Ypsomed
B. Braun Melsungen
Nipro
Sanofi
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*This report examines market size and growth rate by 2023
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Target Audience
*Government agencies
*CGM manufacturers
*Suppliers and distributors
*Manufacturers of sensors, transmitters, receivers, glucose meters, test strips, lancing devices
*Research institutes and academic centers
*Pharmaceutical and biopharmaceutical companies
*Biotechnology companies
*Business research and consulting service providers
*Venture capitalists
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TABLE OF CONTENT
1 EXECUTIVE SUMMARY
2 DEMOGRAPHIC OVERVIEW
3 RESEARCH METHODOLOGY
3.1 INTRODUCTION
3.1.1 PRIMARY RESEARCH
3.1.2 SECONDARY RESEARCH
3.1.3 FORECASTING MODEL
3.1.4 MARKET SIZE ESTIMATION
4 PREMIUM INSIGHTS
4.1 BIGGEST MARKETS
4.2 MARKET SHARE ANALYSIS
4.3 HIGH GROWTH MARKETS
4.4 HISTORICAL vs UPCOMING TRENDS
5 MARKET OVERVIEW
5.1 MARKET DRIVERS
5.2 RESTRAINTS
5.3 OPPORTUNITIES
5.4 CHALLENGES
......................................Continued
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