The report provides an extensive analysis of the current and emerging market trends and opportunities, market share, major players, market segments in the global Glucose Meter market.
New York, United States – June 23, 2020 /MarketersMedia/ —
This report also covers the recent COVID-19 and its impact on Glucose Meter Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
According to data released by the World Health Organization, the number of people with diabetes has increased from 108 million in 1980 to 422 million in 2014. In 2016, an estimated 1.6 million people died from diabetes. In 2012, another 2.2 million people died from high blood sugar. In addition, since 1975, the number of obese people in the world has almost tripled. This trend is gradually shifting towards children. In 2019, an estimated 38.2 million children under the age of 5 are overweight or obese. Healthy eating habits, regular physical exercise, maintaining a normal weight, and avoiding smoking are ways to prevent or delay the onset of type 2 diabetes. Blood glucose monitoring is a necessary condition for managing insulin use and adjusting diet. These factors are the main reasons driving the growth of the Glucose Meter market. However, due to finger pain and expensive testing, many people are reluctant to pay close attention to blood sugar, but this is a necessary condition for managing insulin use and adjusting diet. In 2017, the FDA approves first blood sugar monitor without finger pricks. Product and technology updates have helped players in the industry to push products to more home users, providing Glucose Meter with new impetus.
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The Major Players Profiled in This Report Include:
Roche
JNJ
Bayer
Abbott
Omron
Arkray
Grace
I-SENS,Inc
Hainice Medical Inc
Mendor
77 Elektronika Müszeripari Kft
Delta Group
Ok Biotech
Medisana
FIFTY50(USA)
In October 2018, Platinum Equity, California-based private equity investment firm acquired LifeScan, Inc. from Johnson & Johnson for $2.1 billion. With this acquisition, Platinum Equity helps LifeScan to improve the quality of products. LifeScan, Inc., a diagnostic system manufacturer with products focusing on the diabetes market, specifically blood glucose monitoring systems.
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share, and growth rate of each type, primarily split into:
Invasive
Non-Invasive
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Hospitals
Clinics
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
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At present, Invasive Glucose Meter occupies the main market, but Non-Invasive Glucose Meter gradually becomes more and more popular. In 2017, Abbott’s Libre Flash device was approved by the US Food and Drug Administration (FDA). After a series of successful clinical trials, the device was approved for patients with type 1 and type 2 diabetes. The accuracy of blood glucose meters is expected to cause huge demand in the coming years. Abbott’s latest equipment may promote the growth of the global glucose meter market and may drive the growth of this market in the coming years.
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Glucose Meter Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Glucose Meter Market by Types
Chapter 4 Segmentation of Glucose Meter Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Glucose Meter Market in Major Countries
Chapter 7 North America Glucose Meter Landscape Analysis
Chapter 8 Europe Glucose Meter Landscape Analysis
Chapter 9 Asia Pacific Glucose Meter Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Glucose Meter Landscape Analysis
Chapter 11 Major Players Profile
11.1 Roche
11.1.1 Roche Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 JNJ
11.2.1 JNJ Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Bayer
11.3.1 Bayer Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Glucose Meter Report Provide:
Potential opportunities and challenges analysis in the Glucose Meter market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Glucose Meter market and related industry.
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