Blood Glucose Monitoring Market

The global Blood Glucose Monitoring (BGM) market was valued at 8034.25 Million USD in 2021 and will grow with a CAGR of 4.55% from 2021 to 2027.
The prime objective of Blood Glucose Monitoring Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Blood Glucose Monitoring Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Continuous Glucose Monitoring is an advanced way for people living with diabetes to check glucose readings in real-time or monitor glucose readings over a period of time.The U.S. market is projected to dominate the strip test segment due to the rise in the patient population, innovation in technology and health care spending while China has the highest number of self-monitoring system users. Asia Pacific and Europe are anticipated to grow over the forecast period owing to increase in some diabetic patients, lifestyle changes, increasing the prevalence of diabetes, and increasing research on diabetes and continuous innovation in technologies and its management. China is expected to witness significant growth for the BRIC diabetes device market followed by other countries such as India, Russia and Brazil.
By Market Vendors:

• Becton
• Dickinson and Co.
• Terumo Corporation
• Acon Laboratories Inc.
• Roche Diagnostics Ltd.
• Johnson & Johnson
• ARKRAY Inc.
• Novo Nordisk A/S
• Medtronic
• Abbott Laboratories
• Bayer AG
• Ypsomed AG
• Sanofi

By Types:

• Blood Glucose Meters
• Continuous Glucose Monitoring Devices
• Lancets
• Blood Glucose Testing Strips

By Applications:

• Hospital Use
• Clinic Use
• Household

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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