Press Release

Diabetes Monitoring Devices Market 2020: Global Top Leading Countries Companies Drivers, Consumption, Trends, Revenue, Forces Analysis, Challenges and Global Forecast 2026

Diabetes Monitoring Devices Market Global Share, Growth Analysis, Segmentation, Overview, Regional Trends and Forecast to 2020 - 2026

The global diabetes monitoring devices market is expected to rise owing to increasing awareness about the self-management of diabetes. Fortune Business Insights in a report, titled “Diabetes Monitoring Devices: Global Market Analysis, Insights and Forecast, 2019-2026” offers valuable insights into the market, highlighting opportunities and threats alike. The global market is expected to yield huge profits facilitated by remarkable developments in diabetes management. As per the International Diabetes Foundation (IDF), the number of people suffering from diabetes was 415 million in 2015 and is expected to reach 642 million by the year 2040. The rising prevalence of diabetes across the globe is a major factor driving the market. In 2018, the global market for diabetes monitoring devices was valued at US$ 21,614.7 and is anticipated to reach US$ 32,881.9 Mn by 2026. The global market is expected to rise at a CAGR of 5.4% during the forecast period.

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Leading Players operating in the Diabetes Monitoring Devices Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Lifespan Inc.,
  • Hoffmann-La Roche Ltd.,
  • Ascensia Diabetes Care Holdings AG.,
  • Medtronic,
  • Terumo Medical Corporation,
  • DiaMonTech GmbH,
  • Sanofi,
  • Abbott

Asia Pacific Registers Considerable Growth with Rising Number of Diabetic Patients

Among regions, North America is anticipated to lead the global diabetes monitoring devices market during the forecast period. In the year 2018, the regional market was worth US$ 7,092.0 Mn. This is primarily on account of high adoption of advanced diabetes monitoring devices in the U.S. Recent innovations in technology and increasing healthcare expenditure are registering growth opportunities in the market in this region. The market in Asia Pacific is expected to rise at a higher CAGR over the forecast years. Innovations in diabetes management and increasing patient pool for diabetes are factors driving the market in this region.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/diabetes-monitoring-devices-market-100529

Diabetes Monitoring Devices offer Real-time Information on Blood Sugar Levels, A Key Factor Augmenting Demand

The aging population across the world is boosting the diabetes monitoring devices market. Furthermore, technological developments in diabetes diagnostic devices is act as a potential growth enabler in the market. A lead analyst at Fortune Business Insights said, “the convenience of using advanced diabetes monitoring devices over conventional devices is expected to help geriatrics keep a track of their blood sugar levels in real-time.” Rising concerns and increasing patient awareness about the blood sugar level are likely to fuel demand for self-monitoring diabetes devices.

Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Prevalence Of Diabetes By Key Countries
    • Pricing Analysis, By Key Regions
    • Technological Advancements
    • Recent Industry Developments, Mergers & Acquisitions
  • Global Diabetes Monitoring Devices Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Product
      • Blood Glucose Meters
      • Test Strips
      • Lancets
      • Others
    • Market Analysis, Insights and Forecast – By End User
      • Institutional Sales
        • Hospitals
        • Clinics
        • Others
      • Retail Sales
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • Market Analysis, Insights and Forecast – By Region
        • North America
        • Europe
        • Asia Pacific
        • Latin America
        • Middle East & Africa
      • North America Diabetes Monitoring Devices Market Analysis, Insights and Forecast, 2015-2026
        • Key Findings / Summary
        • Market Analysis – By Product
          • Blood Glucose Meters
          • Test Strips
          • Lancets
          • Others
        • Market Analysis, Insights and Forecast – By End User
          • Institutional Sales
            • Hospitals
            • Clinics
            • Others
          • Retail Sales
            • Hospital Pharmacies
            • Retail Pharmacies
            • Online Pharmacies
          • Market Analysis, Insights and Forecast – By Country
            • S.
            • Canada

Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/diabetes-monitoring-devices-market-100529

Reasons to Purchase this Report:

  • Comprehensive analysis of the Diabetes Monitoring Devices Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies market restraints and boosters.
  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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