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Diabetes Monitoring Devices Market 2020 Global Consumption, Segmentation, Growth, Development, Technology, Trends and forecasts to 2026

The Global Diabetes Monitoring Devices Market is expected to rise owing to increasing awareness about the self-management of diabetes. Fortune Business Insights in a report, titled “Diabetes Monitoring Devices: Global Market Analysis, Insights and Forecast, 2019-2026” offers valuable insights into the market, highlighting opportunities and threats alike. The global market is expected to yield huge profits facilitated by remarkable developments in diabetes management. As per the International Diabetes Foundation (IDF), the number of people suffering from diabetes was 415 million in 2015 and is expected to reach 642 million by the year 2040. The rising prevalence of diabetes across the globe is a major factor driving the market.

Request a Sample Copy of the Global Diabetes Monitoring Devices Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/diabetes-monitoring-devices-market-100529

Key Industry Developments

  • In May 2019, Lifespan Inc., had an exclusive agreement with Sanvita Medical, LLC., a subsidiary of Nova Biomedical Corporation to market continuous glucose monitoring (CGM) sensors. This collaboration has planned the launch CGM systems in North America and select countries in Europe.
  • In July 2016, ACON Laboratories, Inc., launched New On Call pro blood glucose meter for multi-patient use. This launch in the US has made the blood glucose testing in the hospitals easier.
  • In March 2016, ACON Laboratories, Inc., launched OptiLance push-button safety lancets. The precision molded needles placed in OptiLance and quality springs prevent any needle chatter confirming optimum comfort for the patient.

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Secondary Data Sources That We Refer To

  • Annual reports, investor presentation, SEC filings, and press releases of companies operating in the market
  • Studies published by relevant associations MedTech Europe; American College of Radiology; Cancer Council Australia; Japan Hospital Association, etc.), government sources (Centers for Disease Control & Prevention, Ministry of Health, Labour & Welfare, Japan; National Health Service, England, etc.), international organizations (World Health Organization, The Organization for Economic Co-operation and Development, Eurostat, etc.), and articles published by Research Gate, NCBI, etc.
  • Website, reports, and press releases of end user facilities – Hospitals, Ambulatory Surgery Centres, Clinics
  • Industry journals and paid databases

 

Secondary Research Is Conducted To Derive The Following Information

  • Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies
  • Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
  • Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
  • Number of procedures and average price of procedures
  • Replacement rate and pricing of capital equipment
  • Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
  • Market & technological trends, new product developments, product pipeline.

Key Segmentation

By Product

  • Blood Glucose Meters
  • Test Strips
  • Lancets
  • Others

By Distribution Channel

  • Institutional Sales
  • Hospitals
  • Clinics
  • Other
  • Retail Sales
  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Arthur Siegrist

By Arthur Siegrist

Arthur has nearly a decade of media experience. Before joining FBI Market News, he ran content operations of several local news journals. He also vast experience stock market, corporate communications, public relations, and digital marketing. Arthur holds a commerce degree from the University of Oakland and a post-graduate degree in English from NYU.