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SOURCE Research and Markets
DUBLIN, October 5, 2017 /PRNewswire/ --
The "Global POC Blood Glucose Monitoring Devices Market 2017-2021" report has been added to Research and Markets' offering.
The global POC blood glucose monitoring devices market to grow at a CAGR of 8.16% during the period 2017-2021.
Global POC Blood Glucose Monitoring Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is availability of CGMS and SMBG systems for POC blood glucose monitoring. With the increasing cases of diabetes globally, the need for glycemic control and modern diabetes treatment increases. Glucose monitoring is essential to keep sugar levels in check. Monitoring provides the necessary data required for diabetes management decisions related to food intake, insulin dosage, and exercise regimen. POC blood glucose monitoring devices are effective self-management tools for diabetes management.
One trend in the market is growing adoption of minimally invasive and technologically superior products. The increasing use of minimally invasive products for POC blood glucose monitoring will lead to high adoption rate among people globally. Therefore, the paradigm shift toward minimally invasive products such as wearables and screening products will increase the sales of POC blood glucose monitoring devices.
Further, the report states that one challenge in the market is high cost of diabetes management. The POC blood glucose monitoring devices are cost-efficient products. However, the healthcare expenditure for diabetes management increases the cost for the patient which leads to out-of-pocket expenditure. For screening the level of glucose, a patient has to buy a blood glucose monitoring device and an invasive device such as a lancet separately, which increases the expenditure of the individual. Consumable test strips that are used on a daily basis are expensive.
Other prominent vendors
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Market Segmentation By End-User
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/sgmpp3/global_poc_blood
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