Medical Devices

Global BGM Device Market 2014-2018

  • TEC150076
  • 82 Pages
  • November 2014
  • Medical Devices
About Blood Glucose Monitoring (BGM)
Diabetes is a disease that occurs when the body is unable to produce insulin, or when the glucose rises above the required levels. Insulin, a hormone produced by the pancreas, is used to process glucose, which acts as a fuel for the tissues. BGM is the process of testing the concentration of insulin or glucose in the blood. A blood glucose meter is a small electronic device used to measure and display the blood glucose level. To measure the level of blood glucose, a small drop of blood is taken by pricking a finger with an instrument called a lancet. The blood is then placed on a disposable blood glucose test strip and this is inserted into a blood glucose meter.
TechNavio's analysts forecast the Global Blood Glucose Monitoring Device market to grow at a CAGR of 5.26 percent over the period 2013-2018.
Covered in this Report
The Global Blood Glucose Monitoring market can be divided into three segments: Blood Glucose Strips, Blood Glucose Meters, and Lancets. This report covers the present scenario and the growth prospects of the Global Blood Glucose Monitoring Device market for the period 20132018. To calculate the market size, the report considers the revenue generated from the sales of the three segments as mentioned below.
Blood Glucose Strips
Blood Glucose Meters
Lancets
TechNavio's report, the Global Blood Glucose Monitoring Device Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Blood Glucose Monitoring Device market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
Americas
EMEA
APAC
Key Vendors
Abbott Laboratories
Arkray
Bayer Healthcare
F. Hoffmann-La Roche
LifeScan
Other Prominent Vendors
B. Braun Melsungen
Bionime
DexCom
GlySens
Medtronic
Nipro Diagnostics
Nova Biomedical
Terumo Europe
Market Driver
Increase in Diabetic Patients
For a full, detailed list, view our report
Market Challenge
High Cost of Blood Glucose Monitoring Devices
For a full, detailed list, view our report
Market Trend
Increased Adoption of Home Healthcare Devices
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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