Unveiling Comprehensive Insights into the Portable Glucose Monitor Market Landscape
Pune, 05.08.2023 – The Portable Glucose Monitor Market is on a trajectory of impressive growth, with a projected value of US$ 4.96 billion by the end of 2029, backed by a robust Compound Annual Growth Rate (CAGR) of 4.1%. MMR's latest report provides a comprehensive assessment of market dynamics, drivers, restraints, and regional insights that will shape the future of this vital sector.
Portable Glucose Monitor Market Report Scope and Research Methodology
Scope of the Report:
The report dives deep into the Portable Glucose Monitor Market, encompassing market values, report scope, research methodology, drivers, restraints, and regional insights. With a meticulous research approach and strategic analysis, the report equips stakeholders with actionable insights to navigate the evolving market landscape.
Research Methodology:
Leveraging a rigorous research methodology that blends primary and secondary data sources, expert insights, and detailed analysis, the report offers precise forecasts and strategic recommendations. By dissecting market dynamics, trends, and challenges, the report empowers businesses with accurate insights to make informed decisions.
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What are Portable Glucose Monitor Market Dynamics:
Driving Forces: Addressing the Diabetes Epidemic
The surge in diabetes cases worldwide has fueled the demand for Portable Glucose Monitors. With an estimated 425 million people suffering from diabetes in 2022, a number expected to reach 642 million by 2040, these monitors have become indispensable tools for disease management. As lifestyles evolve and the diabetic population grows, the market for portable glucose monitors is set to experience substantial growth.
Market Drivers and Restraints:
The market's growth is propelled by various public and private initiatives to combat diabetes, continuous technological advancements in monitor devices, convenience of continuous glucose monitoring, and the rise in aging population and hyperglycemic cases. However, challenges such as high diagnosis costs, reimbursement issues, patent expiry concerns, and product recalls hinder the market's growth.
Future Outlook:
The comprehensive report empowers decision-makers with a panoramic view of the Portable Glucose Monitor Market. By delving into market dynamics, competitive analysis, and growth strategies, the report equips stakeholders to harness emerging opportunities and overcome potential obstacles.
Portable Glucose Monitor Market Regional Insights:
The research thoroughly examines each regional sector of the Portable Glucose Monitor Market to assess its present and future growth prospects, enabling players to strengthen their positions. Market research is essential for gaining a competitive edge by obtaining a deeper understanding of the market and the target audience. The Portable Glucose Monitor Market report encompasses an analysis of the five regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America, providing insights into their country-wise distribution.
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What is Portable Glucose Monitor Market Segmentation:
The report categorizes the Portable Glucose Monitor Market by type (wearable and non-wearable) and components (glucometer device, test strips, and lancets). Notably, North America led the market in 2018, driven by a rising obese population and early adoption of solutions. The Asia-Pacific region is expected to capture significant market share during the forecast period.
by Component
• Glucometer Device
• Test strips
• Lancets
by Type
• Wearable
• Non-Wearable
by End-user
• Hospitals and diagnostic laboratories
• Physician Office Laboratories
• Home-care settings
Who are Portable Glucose Monitor Market Key Players:
• Abbott Diabetes Care
• Roche
• Johnson & Johnson (Lifescan)
• Dexcom
• Medtronic
• Arkray
• Ascensia Diabetes Care
• Agamatrix Inc.
• Bionime Corporation
• Acon
• Medisana
• Trivida
• Rossmax
• Becton Dickinson Private Limited
• B Braun Medical India Pvt Ltd.
• Dr Morepen
• India Medtronic Pvt Ltd
• Pulsatom Health Care Pvt Ltd
• Bio-Rad laboratories India Pvt Ltd
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Table of content for the Portable Glucose Monitor Market includes:
- Global Portable Glucose Monitor Market : Research Methodology
- Global Portable Glucose Monitor Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
3.Global Portable Glucose Monitor Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Portable Glucose Monitor Market Segmentation
- Global Market, by Component(2022-2029)
- Global Market, by Type(2022-2029)
- Global Market, by End-User (2022-2029)
- Regional Portable Glucose Monitor Market (2022-2029)
- Regional Market, by Component(2022-2029)
- Regional Market, by Type(2022-2029)
- Regional Market, by End-User (2022-2029)
- Regional Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Type , Technology and End-User
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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