Self-Monitoring Blood Glucose Devices Market 2019 to 2026
According to Acumen Research and Consulting, The global self-monitoring blood glucose devices market size is expected to reach US$ 19 billion by 2026 and market is growing at a CAGR of 5 % from 2019 to 2026.
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Diabetes is a clinical disorder in which the blood glucose level rises owing to the pancreas ' incapacity to generate insulin. Monitoring glucose is one of the most important measures in the leadership of diabetes. Blood glucose monitoring enables people to decide the consumption level of meals, insulin dosage and sort of physical exercise needed during the day. Self-monitoring blood glucose (SMBG) includes the use of blood glucose meters to control glucose levels and provide an exact measurement of capillary glucose levels. SMBG technology utilizes blood sugar meters, lancets and sample pads to accomplish more effective long-term glycemic control.
The report provides analysis of global Self-monitoring Blood Glucose Devices market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
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Market Segmentation
Global Self-monitoring Blood Glucose Devices Market, by Product
- Continuous Glucose Monitors
- Lancets
- Self-monitoring Blood Glucose Meters
- Testing Strips
Global Self-monitoring Blood Glucose Devices Market, by Application
- Type 2 Diabetes
- Type 1 Diabetes
- Gestational Diabetes
Global Self-monitoring Blood Glucose Devices Market, by End-use
- Home Usage
- Hospitals
- Diagnostic Clinics & Centers
Global Self-monitoring Blood Glucose Devices Market, by Geography
- North America.
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
The market research study on “Self-monitoring Blood Glucose Devices Market Size, Share & Trends Analysis Report By Product, Application, End Use, By Region - Global Industry Size, Share, Trends and Forecast 2019 - 2026” offers detailed insights on global Self-monitoring Blood Glucose Devices market segments with market dynamics and their impact. The report also covers basic technology development policies.
Key Players & Strategies
Among the main competitors Dexcom, Roche, Abbott Laboratories, Johnson & Johnson and Medtronic are among the most prominent competitors competing in the worldwide blood sugar monitoring industry. These companies ' key policies include purchases, merger, partnerships and brand developments & launch to consolidate their customer base and grow company globally.
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