Global Self Monitoring of Blood Glucose (SMBG) (Test Strips, Lancet, Meter) Market and Forecast report analyses the Country Wise Diabetes Population, Country Wise SMBG Users and Market, Company Wise SMBG Revenue and the driving factors and challenges for the SMBG market.
Self-monitoring of blood glucose (SMBG) is an important component of modern therapy for diabetes mellitus. SMBG has been recommended for people with diabetes and their health care professionals in order to achieve a specific level of glycemic control and to prevent hypoglycemia. Self-monitoring of blood glucose is a very lucrative business with enormous market opportunity.
The primary growth factors for the SMBG market is the increasing global diabetic population; increasing awareness among the diabetes population, increasing spending on healthcare, active reimbursement policies and the technological advancement aimed at minimal and non-invasive testing methods.
- United States, Russia and United Kingdom are the top three leading countries in the Global SMBG market.
- China is at the fourth spot being closely followed by Italy
- China dominates the self-monitoring of blood glucose users
- Test Strips account for maximum share of the SMBG market.
- Blood glucose test strips market is mainly dominated by developed countries.
- Blood glucose meter is the second leading product segment while lancet captures the least share of the SMBG market.
- In 2014, Life Scan became the leading player in SMBG market.
The SMBG Market covered in the report is analyzed from 4 viewpoints follows:
1. Country Wise Diabetes Population and Forecast (2007 - 2021) I. Type 1 Diabetes Population II. Type 2 Diabetes Population
2. Country Wise SMBG Users and Forecast (2007 - 2021)
3. Country Wise SMBG Market and Forecast (2007 - 2021)
I. Blood Glucose Test Strips Market
II. Blood Glucose Lancet Market
III. Blood Glucose Meter Market
4. Company Wise SMBG Revenue and Forecast (2007 - 2021)
The 18 Countries analyzed in the reports are as follows:
1. United States
3. United Kingdom
The 4 Companies analyzed in the reports are as follows:
1. Roche Diagnostic
2. LifeScan Inc
3. Bayer HealthCare
4. Abbott Laboratories
For more information about this report visit http://www.researchandmarkets.com/research/smzq3v/global_self
Related Topics: Home Testing and Home Healthcare, Diabetes Devices
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SOURCE Research and Markets