Title: Blood Glucose Monitoring System Market
1MarketsandMarkets Presents
- Blood Glucose Monitoring System Market
- - Global Forecasts to 2022
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2- The global blood glucose monitoring system market
is projected to reach USD 10.58 Billion by 2022
from an estimated USD 8.35 Billion in 2017, at a
CAGR of 4.8 during the forecast period. The
growth of this market is majorly driven by
factors such as rising prevalence of diabetic
population, and increasing product launches. - The blood glucose monitoring system market is
segmented on the basis of product, testing site,
patient care setting, application, and region.
Based on product, the market is segmented into
self-monitoring blood glucose systems and
continuous glucose monitoring systems. The
continuous glucose monitoring system segment is
expected to grow at the highest CAGR during the
forecast period. The high growth in the
continuous glucose monitoring system segment can
be primarily attributed to the rising adoption of
minimally invasive procedures.
3 https//www.marketsandmarkets.com/Market-Repo
rts/blood-glucose-monitoring-system-market-1491225
2.html On the basis of testing site, the
global blood glucose monitoring system market is
segmented into fingertip testing and alternate
site testing. The fingertip testing segment is
expected to account for the largest of the global
blood glucose monitoring system market and is
expected to register the highest CAGR. This can
be primarily attributed to the accuracy and high
reliability of fingertip testing.
4- On the basis of patient care setting, the global
blood glucose monitoring system market is
categorized into self/home care and hospital
clinics. The self/home care segment is estimated
to account for the largest of the global blood
glucose monitoring system market and is expected
to register the highest CAGR. This can primarily
be attributed to growing diabetic population, and
increasing awareness about regular monitoring of
glucose levels and increasing product launches
enhancing patient comfort when used at home. - Based on application, the market is categorized
into type 1 diabetes, type 2 diabetes, and
gestational diabetes. The type 2 diabetes
segment is estimated to command the largest share
of the blood glucose monitoring systems market.
The large share can be attributed to increasing
incidence of type 2 diabetes, and increasing
innovative product launches with less invasive
technologies.
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