Global BGM Device Market 2014-2018

2014-11-05
Price :
Published : Nov-2014
No. of Pages : 82

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 2013-2018. 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?
Filed in: Diabetes Care Device, Medical Device
Publisher : Technavio
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