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Mexico Point-of-Care Glucose Testing Market By Product Type, By Application, By End User: Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 80 Pages
  • June 2023
  • Region: Mexico
  • Allied Market Research
  • ID: 5916430
The Mexico point-of-care glucose testing market is positioned to grow in the coming years owing to the growing occurrence of diabetic issues, in addition to the increasing implementation of cutting-edge innovations into diabetic person treatment. The marketplace is fractional by the item kind, application, and finish individual. The marketplace gets on the verge of advancement due to the advancements in innovation making it more accurate and effective. Significant stakeholders out there consist of Diagnostic and Drug business, Clinical gadget firms, as well as Bio-tech firms, to name a few.

The Mexico point-of-care glucose testing market is driven by various aspects, such as the rising frequency of diabetic issues, the climbing importance connected to the early detection and therapy of diabetes, the accessibility of compensation for point-of-care screening items, the increased infiltration of technically progressed products, and the increasing variety of diabetes-related study programmes. Additionally, government-backed initiatives targeted at raising recognition and also motivating safety nets are promoting the adoption of point-of-care glucose testing products. However, numerous elements such as the high price of glucose testing products, the lack of strong medical care infrastructure, as well as the incorrect application of medical methods as well as criteria might impede the growth of this market.

The market uses a number of profitable possibilities, such as the intro of innovative items, the enhancing consolidation of preventive healthcare actions, and also the schedule of repayment for point-of-care testing items. The market for point-of-care glucose screening products is anticipated to grow in the coming years due to the boosting understanding of diabetes and also its associated risks among individuals. Additionally, the intro of cost-efficient products out there, the partnership between diabetes mellitus care stakeholders, and the development of enhanced point-of-care testing items are expected to propel the market growth. Additionally, the introduction of ARTiStripTM, a non-invasive point-of-care sugar screening tool and also the arising pattern of electronic health are expected to use extra development possibilities.

The Mexico point-of-care glucose testing market uses several growth opportunities, such as the introduction of technically progressed products, the partnership between diabetes treatment stakeholders, the inclusion of point-of-care glucose examination in routine applications, and also the boosting setup of point-of-care sugar screening items in the homecare settings. Furthermore, with the enhancing federal government treatments as well as initiatives to raise recognition concerning diabetes mellitus, the marketplace is expected to witness additional growth in the coming years.

The high price of the tools and the lack of well-developed health care framework in some areas are limiting the growth of the market. Furthermore, the Mexico point-of-care glucose testing market is managed by the nationwide authorities, along with by the national federal government, which regulates using products for clinical diagnostics. Additionally, precise implementation of medical procedures as well as standards is very important for the reliable functioning of the Mexico point-of-care glucose testing market. The Mexico point-of-care glucose testing market is fractional by item kind, application, and end individual. Based on item type, the marketplace is divided into lancing gadgets and strips and blood-glucose meters. On the basis of application, the market is classified into kind 1 diabetic issues and kind 2 diabetes mellitus. Additionally, the point-of-care glucose testing market is segmented by end individual into healthcare facilities as well as centers, house care settings, as well as others.

Mexico is extremely impacted by diabetic issues as well as its connected issues. The increasing prevalence of diabetic issues, in addition to its difficult-to-manage problems, has actually required the requirement for effective therapy and also diagnosis. Because of this, the Mexico point-of-care glucose testing market is anticipated to witness substantial growth in the coming years. Moreover, the rising awareness about diabetes mellitus as well as its associated risks, in addition to the growing infiltration of highly advanced items, are anticipated to drive the market growth. The Mexico point-of-care glucose testing market is anticipated to witness considerable growth during the projection period, owing to the raising prevalence of diabetes mellitus as well as the availability of innovative items out there. Moreover, the rising number of diabetes-related research study programs and also government-backed campaigns to raise recognition for diabetics issues are expected to boost the market development.

This concierge's five pressure analysis supplies an empirical view of the Mexico point-of-care glucose testing market as well as its good looks. The evaluation includes purchasers' power, replaces' schedule, obstacles to access and also departure, as well as distributors and rivals. The customers' power is low given that there are several gamers on the market, each with considerable market shares. As a result, customers can switch their providers. In addition, purchasers get eye-catching discount rates and services from the suppliers owing to the competitors on the market.

Key Benefits For Stakeholders

  • Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
  • Analyze the key strategies adopted by major market players in Mexico point-of-care glucose testing market.
  • Assess and rank the top factors that are expected to affect the growth of Mexico point-of-care glucose testing market.
  • Top Player positioning provides a clear understanding of the present position of market players.
Detailed analysis of the Mexico point-of-care glucose testing market segmentation assists to determine the prevailing market opportunities.
  • Identify key investment pockets for various offerings in the market.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
  • 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
  • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Product Benchmarking / Product specification and applications
  • Upcoming/New Entrant by Regions
  • New Product Development/ Product Matrix of Key Players
  • Patient/epidemiology data at country, region, global level
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • SWOT Analysis

Key Market Segments

By Product Type

  • Lancing Devices and Strips
  • Blood-Glucose Meter
  • Type
  • Lifescan OneTouch Ultra and Lifescan OneTouch Verio
  • Accu-Chek Aviva Plus and Accuchek
  • Freestyle Lite and Freestyle Precission Neo
  • Contour Next
  • Others

By Application

  • Type-1 Diabetes
  • Type-2 Diabetes

By End User

  • Hospitals and Clinics
  • Home Care Settings
  • Others
  • Key Market Players
  • Roche
  • Abbott
  • Bayer
  • Siemens Healthineers
  • Sysmex
  • Nova Biomedical
  • LipoScience
  • Acon Laboratories
  • Trinity Biotech
  • Hycel Medicals

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.3. Porter’s Five Forces Analysis
3.4. Market Dynamics
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: MEXICO POINT-OF-CARE GLUCOSE TESTING MARKET, BY PRODUCT TYPE
4.1. Overview
4.2. Lancing Devices and Strips
4.3. Blood-Glucose Meter
CHAPTER 5: MEXICO POINT-OF-CARE GLUCOSE TESTING MARKET, BY APPLICATION
5.1. Overview
5.2. Type-1 Diabetes
5.3. Type-2 Diabetes
CHAPTER 6: MEXICO POINT-OF-CARE GLUCOSE TESTING MARKET, BY END USER
6.1. Overview
6.2. Hospitals and Clinics
6.3. Home Care Settings
6.4. Others
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
8.1. Roche
8.2. Abbott
8.3. Bayer
8.4. Siemens Healthineers
8.5. Sysmex
8.6. Nova Biomedical
8.7. LipoScience
8.8. Acon Laboratories
8.9. Trinity Biotech
8.10. Hycel Medicals
List of Tables
Table 01. Mexico Point-Of-Care Glucose Testing Market, by Product Type, 2022-2032 ($ Million)
Table 02. Mexico Point-Of-Care Glucose Testing Market, by Application, 2022-2032 ($ Million)
Table 03. Mexico Point-Of-Care Glucose Testing Market, by End-user, 2022-2032 ($ Million)
Table 04. Roche: Key Executives
Table 05. Roche: Company Snapshot
Table 06. Roche: Operating Segments
Table 07. Roche: Product Portfolio
Table 08. Roche: Key Stratergies
Table 09. Abbott: Key Executives
Table 10. Abbott: Company Snapshot
Table 11. Abbott: Operating Segments
Table 12. Abbott: Product Portfolio
Table 13. Abbott: Key Stratergies
Table 14. Bayer: Key Executives
Table 15. Bayer: Company Snapshot
Table 16. Bayer: Operating Segments
Table 17. Bayer: Product Portfolio
Table 18. Bayer: Key Stratergies
Table 19. Siemens Healthineers: Key Executives
Table 20. Siemens Healthineers: Company Snapshot
Table 21. Siemens Healthineers: Operating Segments
Table 22. Siemens Healthineers: Product Portfolio
Table 23. Siemens Healthineers: Key Stratergies
Table 24. Sysmex: Key Executives
Table 25. Sysmex: Company Snapshot
Table 26. Sysmex: Operating Segments
Table 27. Sysmex: Product Portfolio
Table 28. Sysmex: Key Stratergies
Table 29. Nova Biomedical: Key Executives
Table 30. Nova Biomedical: Company Snapshot
Table 31. Nova Biomedical: Operating Segments
Table 32. Nova Biomedical: Product Portfolio
Table 33. Nova Biomedical: Key Stratergies
Table 34. Liposcience: Key Executives
Table 35. Liposcience: Company Snapshot
Table 36. Liposcience: Operating Segments
Table 37. Liposcience: Product Portfolio
Table 38. Liposcience: Key Stratergies
Table 39. Acon Laboratories: Key Executives
Table 40. Acon Laboratories: Company Snapshot
Table 41. Acon Laboratories: Operating Segments
Table 42. Acon Laboratories: Product Portfolio
Table 43. Acon Laboratories: Key Stratergies
Table 44. Trinity Biotech: Key Executives
Table 45. Trinity Biotech: Company Snapshot
Table 46. Trinity Biotech: Operating Segments
Table 47. Trinity Biotech: Product Portfolio
Table 48. Trinity Biotech: Key Stratergies
Table 49. Hycel Medicals: Key Executives
Table 50. Hycel Medicals: Company Snapshot
Table 51. Hycel Medicals: Operating Segments
Table 52. Hycel Medicals: Product Portfolio
Table 53. Hycel Medicals: Key Stratergies
List of Figures
Figure 01. Mexico Point-Of-Care Glucose Testing Market, 2022-2032
Figure 02. Segmentation of Mexico Point-Of-Care Glucose Testing Market, 2022-2032
Figure 03. Top Investment Pockets in Mexico Point-Of-Care Glucose Testing Market (2023-2032)
Figure 04. Porter's Five - 1
Figure 05. Porter's Five - 2
Figure 06. Porter's Five - 3
Figure 07. Porter's Five - 4
Figure 08. Porter's Five - 5
Figure 09. Drivers, Restraints and Opportunities: Mexico Point-Of-Care Glucose Testing Market
Figure 10. Mexico Point-Of-Care Glucose Testing Market,By Product Type, 2022 ($ Million)
Figure 11. Mexico Point-Of-Care Glucose Testing Market,By Application, 2022 ($ Million)
Figure 12. Mexico Point-Of-Care Glucose Testing Market,By End-user, 2022 ($ Million)
Figure 13. Top Winning Strategies, by Year
Figure 14. Top Winning Strategies, by Development
Figure 15. Top Winning Strategies, by Company
Figure 16. Product Mapping of Top 10 Players
Figure 17. Competitive Dashboard
Figure 18. Competitive Heatmap: Mexico Point-Of-Care Glucose Testing Market
Figure 19. Top Player Positioning, 2022
Figure 20. Roche: Net Sales, 2020-2022* ($ Million)
Figure 21. Roche: Revenue Share, by Segment, 2022 (%)
Figure 22. Roche: Revenue Share, by Geography, 2022 (%)
Figure 23. Abbott: Net Sales, 2020-2022* ($ Million)
Figure 24. Abbott: Revenue Share, by Segment, 2022 (%)
Figure 25. Abbott: Revenue Share, by Geography, 2022 (%)
Figure 26. Bayer: Net Sales, 2020-2022* ($ Million)
Figure 27. Bayer: Revenue Share, by Segment, 2022 (%)
Figure 28. Bayer: Revenue Share, by Geography, 2022 (%)
Figure 29. Siemens Healthineers: Net Sales, 2020-2022* ($ Million)
Figure 30. Siemens Healthineers: Revenue Share, by Segment, 2022 (%)
Figure 31. Siemens Healthineers: Revenue Share, by Geography, 2022 (%)
Figure 32. Sysmex: Net Sales, 2020-2022* ($ Million)
Figure 33. Sysmex: Revenue Share, by Segment, 2022 (%)
Figure 34. Sysmex: Revenue Share, by Geography, 2022 (%)
Figure 35. Nova Biomedical: Net Sales, 2020-2022* ($ Million)
Figure 36. Nova Biomedical: Revenue Share, by Segment, 2022 (%)
Figure 37. Nova Biomedical: Revenue Share, by Geography, 2022 (%)
Figure 38. Liposcience: Net Sales, 2020-2022* ($ Million)
Figure 39. Liposcience: Revenue Share, by Segment, 2022 (%)
Figure 40. Liposcience: Revenue Share, by Geography, 2022 (%)
Figure 41. Acon Laboratories: Net Sales, 2020-2022* ($ Million)
Figure 42. Acon Laboratories: Revenue Share, by Segment, 2022 (%)
Figure 43. Acon Laboratories: Revenue Share, by Geography, 2022 (%)
Figure 44. Trinity Biotech: Net Sales, 2020-2022* ($ Million)
Figure 45. Trinity Biotech: Revenue Share, by Segment, 2022 (%)
Figure 46. Trinity Biotech: Revenue Share, by Geography, 2022 (%)
Figure 47. Hycel Medicals: Net Sales, 2020-2022* ($ Million)
Figure 48. Hycel Medicals: Revenue Share, by Segment, 2022 (%)
Figure 49. Hycel Medicals: Revenue Share, by Geography, 2022 (%)

Companies Mentioned

  • Roche
  • Abbott
  • Bayer
  • Siemens Healthineers
  • Sysmex
  • Nova Biomedical
  • LipoScience
  • Acon Laboratories
  • Trinity Biotech
  • Hycel Medicals

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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