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Below are some of the key findings from the POC blood glucose monitoring devices market research report
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The rising number of public and private initiatives to minimize the incidences of diabetes is one of the key factors expected to drive the market’s growth in the forthcoming years. Type 2 diabetes is often caused owing to factors including heredity, unhealthy diet, obesity, and a sedentary lifestyle. As a result, several initiatives are being undertaken by governments in both advanced and emerging economies to curb these health-related disorders by creating an awareness among the consumers about the POC blood glucose monitoring devices.
Furthermore, the increasing digital literacy and rising penetration of the Internet has led the manufacturers of POC blood glucose monitoring devices to use online platforms for increasing the sales of their products. Companies are increasingly focusing on collaborating with e-commerce companies to offer wide access to various glucose monitoring products while reaching out to the most remote locations and consumers as well. This helps the manufacturers to reduce their set up and operational costs while helping the users to make informed purchase decision, resulting in a win-win situation for all the stakeholders involved. Consequently, the rising number of public and private initiatives coupled with the increase in online product sales will drive the market to register a CAGR of over 8% during the forecast period.
The POC blood glucose monitoring devices market is fairly fragmented with companies focusing on leveraging online platforms for expanding their geographic reach. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this POC blood glucose monitoring devices industry analysis report will aid clients to identify new growth opportunities and form effective business strategies for improving their shares in the market.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies, the APAC region will account for the fastest growth of this market throughout the forecast period owing to the immense opportunity for vendors to expand their businesses in different untapped markets of this region.
The consumables segment will account for the highest share in the market owing to the continuous use of consumables while performing blood glucose monitoring test for diabetic patients. Additionally, the report also offers an accurate prediction of the contribution of the various products segments to the growth of the POC blood glucose monitoring devices market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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