Title: Europe Self-Monitoring Blood Glucose Devices Market
1 Europe Self-Monitoring Blood Glucose Devices
Market to exceed 6.5 bn by 2024 Graphical
Research
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2 Key Insights from Europe Self-Monitoring Blood
Glucose Devices Market
- Increasing number of baby boomers and rising
number of people diabetic cases will act as
primary driver for growth of Europe
self-monitoring blood glucose devices market over
the forecast timeframe. - Growth of home healthcare sector and
technological advancements in homecare SMBG
devices has stimulated adoption rate. Moreover,
growing demand for minimal invasive disease
monitoring tools coupled with rising number of
health-conscious people will stimulate growth of
home healthcare self-monitoring blood glucose
devices market. - Presence of associations such as Primary Care
Diabetes Society creating awareness about the
target disease to promote adoption of diabetes
monitoring tools will positively impact industry
growth over the coming years. - Continuous glucose monitors (CGM) product segment
is anticipated to witness robust growth of 5.6
during the forecast period. These devices form an
essential part of homecare diabetes monitoring as
it delivers real time blood glucose readings as
well as detects abnormal patterns of glycemia
many folds better than conventional systems will
drive business growth of CGM devices.
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3 Continued...
- Diagnostic centers and clinics end-user segment
of Europe self-monitoring blood glucose devices
market is forecasted to witness considerable
growth owing to rising number of people suffering
from abnormal blood glucose levels and growing
awareness about diabetes and diabetic treatment.
Increasing per capita healthcare expenditure will
positively impact growth of diagnostic centers
and clinics segment. - UK self-monitoring blood glucose devices market
will witness 4.3 CAGR during the forecast period
owing to technological advancements in SMBG
devices and high technological adoption in the
country. Growing demand for self-diabetes
monitoring devices applicable to homecare setting
as well as growing geriatric population base will
fuel industry growth over the coming years. - Few notable industry players operating in Europe
self-monitoring blood glucose devices market are
Abbott Laboratories, All Medicus, Arkray, B.
Braun Melsungen AG, Bayer Healthcare, Bionime
Corporation, Dexcom, F. Hoffmann-La Roche,
Johnson Johnson, LifeScan, Medtronic, Nipro
Diagnostics, Nova Biomedical, Sinocare and
Trividia Health.
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reserved.
www.graphicalresearch.com
4Europe Self-Monitoring Blood Glucose Devices
Market
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