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North America Self-Monitoring Blood Glucose Devices Market Size to Surpass USD 7.5 Billion by 2024

Author : Ronak Bora | Published Date : 2020-09-25 

The research report on North America Self-Monitoring Blood Glucose Devices Market provides an in-depth analysis of this industry with pivotal details subject to its overall position in the global landscape and its applications across various end-user sectors.

As per the report, North America self monitoring blood glucose devices industry size crossed USD 5.5 billion in 2017 and is likely to reach USD 7.5 billion by the end of 2024, growing at an expected CAGR of 4.5% over 2019-2024. In addition to this, the study also encompasses crucial information on the current market scenario, evolving technologies, widespread competitive landscape, growth prospects, industry tactics, and vivid market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1021/sample

Moreover, the report also offers insight to various factors that would potentially drive the growth graph of the industry over the foreseeable time period, along with delivering minute details on the ongoing trends that the North American self monitoring blood glucose devices industry is characterized by. The market, as per given report, is fragmented on basis of product, end-user, regions, and competitive landscape.

Testing strips product segment dominated the North America self-monitoring blood glucose devices market with USD 4.4 billion revenue in 2017 due to its wide application in home blood glucose monitoring and rising number of people suffering from diabetes. Testing strips form an essential component of blood glucose testing. Thus, rising number of people undergoing blood glucose testing will drive business growth over the coming years.

The overall North America self monitoring blood glucose devices industry is diversified into various regions and economies including U.S., Canada and its complete analysis has been enclosed in the report as well. It lays focus on various factors supporting the growth of regional markets in tandem with trending growth opportunities existing in every region, their individual growth rates, technologies being used, stringent regulatory reforms, and much more.

Canada self-monitoring blood glucose devices market will grow considerably during the forecast period owing to technological advancements in SMBG devices and rising demand for self-diabetes monitoring devices. Growing adoption of unhealthy food habits with high consumption of alcohol and tobacco smoking has led to rise in diabetic population thereby fueling industry growth.

Taking into account the competitive landscape, self monitoring blood glucose devices industry in North America is highly consolidated and boasts of presence of companies like 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. The report includes details on sales spectrum of each of these firms, their strategies to sustain their position in the market, individual company profiles and market share, and position in the overall ecosystem.

[TOC Chapters]

 

Chapter 4.  North America Self-Monitoring Blood Glucose Devices Market, By Product

4.1. Key segment trends

4.2. Self-monitoring blood glucose meters

4.2.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

4.3. Continuous glucose monitors

4.3.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

4.4. Testing strips

4.4.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

4.5. Lancets

4.5.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

Chapter 5. North America Self-Monitoring Blood Glucose Devices Market, By End-user

5.1. Key segment trends

5.2. Hospitals

5.2.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

5.3. Home settings

5.3.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

5.4. Diagnostic centers and clinics

5.4.1.  Market estimates and forecast, by country, 2013 – 2024 (USD Million)

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1021/north-america-self-monitoring-blood-glucose-devices-market

About Graphical Research:

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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