Global POC Blood Glucose Monitoring Devices Market 2018-2022

The POC blood glucose monitoring devices market size will grow by USD 663 million during 2018-2022. This report offers an analysis of the market based on product (consumables and instruments) and end-user (hospitals and clinics, clinical diagnostic laboratories, and home care settings). The POC blood glucose monitoring devices market research report further present in-depth insights on the growth prospects of the market across the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including Abbott, ARKRAY, Ascensia Diabetes Care, Danaher, F. Hoffmann-La Roche, and Johnson & Johnson.

Below are some of the key findings from the POC blood glucose monitoring devices market research report

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Global POC blood glucose monitoring devices industry overview

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.

Top POC blood glucose monitoring devices companies covered in this market research report

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:

• Abbott
• ARKRAY
• Ascensia Diabetes Care
• Danaher
• F. Hoffmann-La Roche
• Johnson & Johnson

POC blood glucose monitoring devices market segmentation based on geographic regions

• Americas
• APAC
• EMEA

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.

POC blood glucose monitoring devices market segmentation based on products

• Consumables
• Instruments

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.

Key highlights of the global POC blood glucose monitoring devices market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the POC blood glucose monitoring devices market during the next five years
• Precise estimation of the global POC blood glucose monitoring devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the POC blood glucose monitoring devices industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of POC blood glucose monitoring devices companies

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