Self-monitoring Blood Glucose Industry Review 2015-2019 and Forecast to 2025: Glucometers, Software, Test Strips, Lancets

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May 12, 2020, 15:30 ET

DUBLIN, May 12, 2020 /PRNewswire/ -- The "Global Self-monitoring Blood Glucose Market By Type (Type 1, Type 2, Hyperglycemia ,Hypoglycemia), By Frequency (One, Four, Others), By Product (Glucometer, Software, Test Strips, Lancet), By End-User (Hospital, Personal Care), By Region, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Global Self-monitoring Blood Glucose Market is expected to grow at a formidable rate during the forecast period, owing to various growth factors such as increasing number of diabetic patients around the world, sedentary lifestyles, surge in need for faster and safer diagnosis & treatment of diabetes.

Furthermore, technological innovations, early detection of hypo/hyperglycemic diabetes, increasing awareness about diabetes care and rise in obese population is driving the growth of the Global Self-monitoring Blood Glucose Market. Additionally, aging population is also acting as a major driver for the growth of the self-monitoring blood glucose devices market as it is more prone to diabetes and illness due to their low immunity levels.

Moreover, self-monitoring blood glucose devices are used to monitor a patient's blood glucose level. They find wide application as they are easy-to-use and enable people to monitor their blood glucose levels irrespective of their location. However, the self-monitoring blood glucose market also faces some restraints. The capital required for R&D activities involved in the development of self-monitoring devices is high, which acts as a barrier for companies willing to enter the market.

The market is segmented based type, frequency, product, end-user and region. Based on product, the market is segmented into glucometer, software, test strips and lancet. Test strips dominated the self-monitoring blood glucose market and are expected to hold their dominance in the coming years as they are cost-effective and are also used for testing ketone levels in the blood.

Based on end-user, the market is segmented into hospitals and personal care. Among these two, the personal care segment is estimated to account for the largest share of the Global Self-monitoring Blood Glucose Market until 2025. The reason behind this is increasing awareness among people about regular monitoring of glucose levels.

Major players operating in the Global Self-monitoring Blood Glucose Market include PHC Holdings Corporation, Roche, LifeScan, Arkray,Ascensia Diabetes Care, Agamatrix, Bionime Corporation, Sanofi, Dexcom, Medtronic, Nipro Diagnostics, B. Braun, Becton Dickinson, Trividia Health, Rossmax, Allmedicus, Nova Biomedical, Sinocare, Morepen Laboratories, I-Sens and others. There is a moderate threat to new players entering the self-monitoring blood glucose market, as every new player needs to abide by the stringent and mandatory regulatory standards set by the governments.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025

Objective of the Study

To analyze and estimate the market size of the Global Self-monitoring Blood Glucose Market from 2015 to 2018.
To estimate and forecast the market size of the Global Self-monitoring Blood Glucose Market from 2019 to 2025 and growth rate until 2025.
To classify and forecast the Global Self-monitoring Blood Glucose Market based on type, frequency, product, end-user, company and regional distribution.
To identify dominant region or segment in the Global Self-monitoring Blood Glucose Market.
To identify drivers and challenges for the Global Self-monitoring Blood Glucose Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Self-monitoring Blood Glucose Market.
To conduct pricing analysis for the Global Self-monitoring Blood Glucose Market.
To identify and analyze the profile of leading players operating in the Global Self-monitoring Blood Glucose Market.
To identify key sustainable strategies adopted by market players in the Global Self-monitoring Blood Glucose Market.

Key Topics Covered

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Self-monitoring Blood Glucose Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Type 1, Type 2, Hyperglycemia, Hypoglycemia)
5.2.2. By Frequency (One, Four, Others)
5.2.3. By Product (Glucometer, Software, Test Strips, Lancet)
5.2.4. By End-user (Hospital, Personal Care)
5.2.5. By Company (2019)
5.2.6. By Region
5.3. Market Attractiveness Index

6. Asia-Pacific Self-monitoring Blood Glucose Market Outlook

7. Europe Self-monitoring Blood Glucose Market Outlook

8. North America Self-monitoring Blood Glucose Market Outlook

9. South America Self-monitoring Blood Glucose Market Outlook

10. Middle East & Africa Self-monitoring Blood Glucose Market Outlook

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Competition Outlook
13.2. Players Profiled (Leading Companies)
13.2.1. PHC Holdings Corporation
13.2.2. Roche
13.2.3. LifeScan
13.2.4. Arkray
13.2.5. Ascensia Diabetes Care
13.2.6. Agamatrix
13.2.7. Bionime Corporation
13.2.8. Sanofi
13.2.9. Dexcom
13.2.10. Medtronic
13.2.11. Nipro Diagnostics
13.2.12. B. Braun
13.2.13. Becton Dickinson
13.2.14. Trividia Health
13.2.15. Rossmax
13.2.16. Allmedicus
13.2.17. Nova Biomedical
13.2.18. Sinocare
13.2.19. Morepen Laboratories
13.2.20. I-Sens

14. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/hn8efi

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