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HomePet Industry NewsPet Financial NewsIncreased Remote usage of Continuous Glucose Meters Drives Growth

Increased Remote usage of Continuous Glucose Meters Drives Growth

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Dublin, May 10, 2023 (WORLD NEWSWIRE) — The “Global Diabetes Management: Blood Glucose Monitoring Devices Market – 2022 Report” report has actually been contributed to ResearchAndMarkets.com’s offering.

The variety of individuals with diabetes around the world grew from an approximated 180 million in 1980 to around 537 million in 2021 and is anticipated to increase to 783 million by 2045. In 2021, worldwide sales of blood sugar tracking gadgets amounted to more than $11m.

Market drivers consist of the increasing elderly population and its involved boost in diabetes frequency, technological advancements causing enhanced precision and combination with cordless apps, increased remote usage of constant glucose meters (CGMs) throughout the COVID-19 pandemic, broadened sales of CGMs to the bigger population of individuals with type 2 diabetes, and technological simpleness compared to numerous medical gadgets (decreasing the requirement for substantial training or medical facilities).

Limiters to this market consist of the continuous cost of disposables, the requirement for a mobile phone and web connection for some gadgets, pandemic-related supply chain interruptions, and the impacts of worldwide inflation increasing rates.

This analysis consists of a conversation of items, current/forecast markets, rivals, and opportunities in the worldwide markets for blood sugar tracking gadgets, consisting of conventional blood sugar meters and advanced constant glucose screens.

Countries covered by this report consist of the United States, 5 significant European markets (France, Germany, Italy, Spain, and the UK), Japan, and the Rest of World. The projection variety for this report is 2021-26.

Key Topics Covered:

1. Diabetes Overview

2. Blood Glucose Monitoring Devices
2.1 Blood glucose tracking introduction
2.2 Products and innovation
2.2.1 Blood glucose meters
2.2.2 Continuous glucose screens
2.3 Developments in blood sugar meter innovation
2.3.1 Automatic blood sugar meters
2.3.2 Noninvasive style
2.4 Developments in constant glucose screen innovation

3. Market Analysis
3.1 Technology patterns
3.2 Market drivers and limiters
3.3 Market analysis
3.3.1 Market projection: United States
3.3.2 Market projection: 5 significant European market
3.3.3 Market projection: Japan
3.3.4 Market projection: rest of world
3.4 Competitive analysis
3.4.1 Abbott
3.4.2 Dexcom
3.4.3 Medtronic
3.4.4 Senseonics
3.4.5 Other providers
3.5 Bibliography

For more info about this report check out https://www.researchandmarkets.com/r/658noy

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