USA Glucose Monitoring Devices Market – Size, Share and Forecast (2018-2025)

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USA Glucose Monitoring Devices Market

  • Glucose monitoring devices are used for measuring the blood glucose levels in the body with significant applications for the diabetic’s patients.
  • Growing smart-watch based apps to view their glucose data, the emergence of needle-free devices, increasing promoting of glucose monitoring devices and developing online marketing, increasing adoption for bundled promotional marketing strategies by combining two or more products are some of the significant trends in the United States.
  • The United States Glucose Monitoring Devices market is estimated to grow at a double-digit growth rate in the forecasted period 2018-2025. The market is expected to reach USD XX million by 2025 from an initial market value of USD XX million in 2018

What are the key application segments of United States Glucose Monitoring Devices market?

Market Dynamics

Drivers

  •  Changes in the consumer lifestyle such as increasing consumption of alcohol, smoking, and unhealthy food habits are leading to people with diabetes who are increasing the demand for the glucose monitoring devices.
  •  Growing advancements in technologies, FDA approvals for the devices are increasing the product launches by the companies which will also boost the sales of the market.

Restraints

  •  High costs of the products
  •  Intense competition among the competitors
  •  Large inaccuracies in the devices
  • Large undiagnosed population

Segmentation by End User

  • The glucose monitoring devices market is segmented by Home care settings, Hospitals and diagnostic centers, and Physician Office Laboratory.
  • The end user, hospital, and diagnostic centers account for the most significant market share closely followed by home care settings. The physician office laboratory is growing at a higher rate in the forecasted period due to easy access, and favorable reimbursement policies.
  • Centers for Disease Control and Prevention estimates that there were around 990.8 million visits to physicians while 125.7 million visits to hospitals in 2016 with the visits to physicians growing at a faster rate.
  • Medicare, the National health insurance of the United States, provides reimbursements to the patients visiting Physicians and hence the market is projected to grow at a higher rate.

Competitive Landscape

  • The United States market is a highly competitive market with Roche, Lifescan, and Abbott leading the market share. There is also a large number of small companies in the market with less market share competing among themselves.
  • Investments in technology, strategic collaborations to develop new products, and new product launches are some of the strategies adopted by the major players in the industry.

The scope of the Report

By Product Type

  • Self-Monitoring Glucose Devices
  • Blood Glucose Meter
  • Lancets
  • Blood Glucose Testing Strips
  • Others
  • Continuous Glucose Monitoring Devices
  • Sensors
  • Insulin Pumps
  • Transmitters and Receivers
  • Others

Segmentation by Application

  • Type 1 Diabetics
  • Type 2 Diabetics
  • Others

Segmentation by End User

  • Home care settings
  • Hospitals and diagnostic centers
  • Physician Office Laboratory

The report also covers the key factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

Why Purchase the Report?

  •  Visualize the composition of the United States Glucose Monitoring Devices market with a clear distinction between each design type and usage type.
  •  Identify commercial opportunities in the U.S. Glucose Monitoring Devices Market analyzing trends and co-development deals.
  •  Excel data sheet with thousands of data points of the U.S. Glucose Monitoring Devices market.
  •  PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  •  Product mapping in excel for the principal products of all major market players

Target Audience:

  •  Equipment Suppliers/ Buyers
  •  Service Providers/ Buyers
  •  Industry Investors/Investment Bankers
  •  Education & Research Institutes
  •  Research Professionals
  •  Emerging Companies
  •  Manufacturers

1: United States Glucose Monitoring Devices market Methodology and Scope

1.1 Research Methodology

1.2 Scope of the report

2: Executive Summary

3: Industry Analysis

3.1 Market Drivers

3.2 Market Restraints

3.3 Porters Five Forces

4: Segmentation by Product Type

4.1 Self-Monitoring Glucose Devices

4.1 Blood Glucose Meter

4.2 Lancets

4..3 Blood Glucose Testing Strips

4.4 Others

4.2 Continuous Glucose Monitoring Devices

4.2.1 Sensors

4.2.2 Insulin Pumps

4.2.3 Transmitters and Receivers

4.2.4 Others

5. Segmentation by Application

5.1 Type 1 Diabetics

5.2 Type 2 Diabetics

5.3 Others

6. Segmentation by End User

6.1 Hospitals and diagnostic centres

6.2 Physician Office Laboratory

6.3 Home Care

7. Competitive Landscape

7.1 Market Share Analysis

7.2 Key Strategies Adopted by Major companies

8. Company Profiles

8.1 Abbott Laboratories

8.2 Roche

8.3 Lifescan

8.4 Ascensia Diabetes Care

8.5 Arkay

8.6 B Braun

8.7 Novo Nordisk

8.8 Sanofi

8.9 Nipro

8.10 Acon Laboratories

9. Appendix

9.1 Sources

9.2 List of Tables

9.3 Expert Panel Validation

9.4 Disclaimer

9.5 Contact Us

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