Global Self-Monitoring Blood Glucose (SMBG) Devices Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Strips, Glucose Meters, Lancets and others)

  • ID: 3611737
  • Report
  • Region: Global
  • P&S Market Research
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FEATURED COMPANIES

  • Abbott Laboratories, Inc.
  • Arkray Devices
  • B. Braun Melsungen AG
  • Bayer AG
  • BIONIME CORPORATION
  • Life Scan Inc.(J&J)
  • MORE
The global self-monitoring blood glucose (SMBG) devices market accounted for $11,171.1 million in 2014, and it is expected to grow with a CAGR of 5.7% during 2015-2022. The strips segment dominated the global market in 2014 with about 83.5% share. The strips segment in the global self-monitoring blood glucose devices market is witnessing high growth rate, due to increasing cases of diabetes. In addition, many tests can be performed using a single glucose meter with different blood glucose strips. Also, the increase in healthcare expenditure leads to increase spending on self-monitoring blood glucose devices, resulting in the growth of the market.

The increasing prevalence of diabetes is one of the key drivers, fuelling the growth of the global SMBG devices market. The numbers of diabetes cases are increasing due to unhealthy lifestyle, poor diet, excess alcohol consumption, and lack of physical activity. The increase in diabetes cases worldwide is leading to the growth in the sales of glucose monitoring devices, which is generating the demand for global self-monitoring blood glucose devices market. The strips market grew with an average annual growth rate of over 5.1% during 2011-2014.

The positive reimbursement of self-monitoring blood glucose devices in major countries including the U.S., the U.K., Germany, France, Italy, Spain, and Japan is the key growth driving factor for its market. In many emerging markets, such as China & India, for example, the governmental support for health care & health insurance is improving and becoming more widespread. With these reimbursement policies in the diabetes sector, the medical devices manufacturers globally invest in R&D, which is again leading to the growth of the SMBG devices market.

The increasing aging population is propelling the growth of the global SMBG devices market, as the old age is associated with loss of appetite, less fluid intake, and other illnesses. In the elderly population, the pancreas do not work properly, thus leading to low insulin production or no insulin production causing diabetes, which is again fuelling the demand of the global self-monitoring blood glucose devices market.

The technological advancement in the global market of self-monitoring blood glucose is leading to increased acceptances of such devices. The usage of these devices consumes less time, as compared to the glucose testing by traditional methods in laboratories. These devices are portable, convenient to carry and can be handled with ease. These devices allow conducting the test by patient, as per their convenience at their own home, which makes them popular.

The restraints associated with the growth of the global market of self-monitoring blood glucose include the product recalls due to either the manufacturing defect or error in results. In addition, the availability of Continuous Glucose Monitors (CGM) also hampers the growth of the market. The continuous glucose monitoring results help patients control and alter food intake, exercise, and medications. The device contains sensors, which measures glucose from the interstitial fluid (fluid present in and around body cells). The sensor stays in place for the prescribed number of days and then requires replacement. This device shows the behavior of blood glucose levels over time, allowing the patients to identify periods of hypoglycaemia and hyperglycaemia. Such advantageous features posed by CGM is restraining the growth of the global SMBG market.

The key companies operating in the global self-monitoring blood glucose devices market include Abbott Laboratories Inc., Medtronic Inc., Hoffmann-La Roche Ltd., Bayer AG , B. Braun Melsungen AG, Nipro Diagnostics Inc., Life Scan Inc.(J&J), Arkray Devices, Nova Biomedical, and Bionime Corporation.

This research offers actual historical market size (2011 - 2014) and forecast (2015 - 2022) of the global self-monitoring blood glucose devices market in the U.S. dollars.

Global Self-Monitoring Blood Glucose (SMBG) Devices Market

By Type - Strips, Glucose Meters, Lancets, and others.

- By Region - North America, Europe, Asia, and Rest of the World

Global Self-Monitoring Blood Glucose (SMBG) Devices Market, by Type

- Strips Market Breakdown By Region
- Glucose Meter Market Breakdown By Region
- Lancet Market Breakdown By Region
- Others Market Breakdown By Region

Global Self-Monitoring Blood Glucose (SMBG) Devices Market, by Geography

- North America Self-Monitoring Blood Glucose (SMBG) Devices Market Breakdown by country - The U.S., Canada and Rest of North America
- Europe Self-Monitoring Blood Glucose (SMBG) Devices Market Breakdown By Country - Germany, France, Italy, Spain, The U.K., Russia, Rest of Europe
- Asia Self-Monitoring Blood Glucose (SMBG) Devices Market Breakdown By Country - China, Japan, India, and Rest of Asia
- Rest of the World (RoW) - Brazil, Australia and Others
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott Laboratories, Inc.
  • Arkray Devices
  • B. Braun Melsungen AG
  • Bayer AG
  • BIONIME CORPORATION
  • Life Scan Inc.(J&J)
  • MORE
1. Research Scope & Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Market breakdown by type
1.2.2 Market breakdown by geography
1.3 Research Methodology and Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.2 Factors Driving the Market and its Impact on Market Forecast
3.2.1 Increasing prevalence of diabetes
3.2.2 Increase in geriatric population
3.2.3 Growth of global obesity population
3.2.4 Technological advancement in devices
3.2.5 Increasing awareness about diabetic care
3.2.6 Health insurance and reimbursement scenario
3.2.7 Impact analysis of drivers on market forecast
3.3 Factors Hindering the Market and its Impact on Market Forecast
3.3.1 Product recalls
3.3.2 Availability of continuous glucose monitors (CGM)
3.3.3 Impact analysis of restraints on market forecast

4. Global Self-Monitoring Blood Glucose Devices Market Size and Forecast (2011 - 2022)
4.1 Global Self-Monitoring Blood Glucose Devices Market Breakdown by Type
4.2 Global Self-Monitoring Blood Glucose Market Breakdown by Geography

5. Global Self-Monitoring Blood Glucose Devices Market Breakdown by Type
5.1 Strips Market
5.2 Glucose Meter Market
5.3 Lancet Market

6. Global Self-monitoring blood glucose devices market Breakdown by Geography
6.1 North America Self-monitoring blood glucose devices market
6.1.1 North America self-monitoring blood glucose devices market breakdown by type
6.1.2 North America self-monitoring blood glucose devices market breakdown by country
6.1.2.1 U.S. self-monitoring blood glucose devices market
6.1.2.1.1 U.S. self-monitoring blood glucose devices market breakdown by type
6.1.2.2 Canada self-monitoring blood glucose devices market
6.1.2.2.1 Canada self-monitoring blood glucose devices market breakdown by type
6.2 Europe Self-monitoring blood glucose devices market
6.2.1 Europe self-monitoring blood glucose devices market breakdown by type
6.2.2 Europe Self-monitoring blood glucose devices market breakdown by country
6.2.2.1 Germany self-monitoring blood glucose devices market
6.2.2.1.1 Germany self-monitoring blood glucose devices market breakdown by type
6.2.2.2 France self-monitoring blood glucose devices market
6.2.2.2.1 France self-monitoring blood glucose devices market breakdown by type
6.2.2.3 U.K. self-monitoring blood glucose devices market
6.2.2.3.1 U.K. self-monitoring blood glucose devices market breakdown by type
6.2.2.4 Italy self-monitoring blood glucose devices market
6.2.2.4.1 Italy self-monitoring blood glucose devices market breakdown by type
6.2.2.5 Spain self-monitoring blood glucose devices market
6.2.2.5.1 Spain self-monitoring blood glucose devices market breakdown by type
6.2.2.6 Russia self-monitoring blood glucose devices market
6.2.2.6.1 Russia self-monitoring blood glucose devices market breakdown by type
6.3 Asia Self-monitoring blood glucose devices market
6.3.1 Asia self-monitoring blood glucose devices market breakdown by type
6.3.2 Asia self-monitoring blood glucose devices market breakdown by country
6.3.2.1 China self-monitoring blood glucose devices market
6.3.2.1.1 China self-monitoring blood glucose devices market breakdown by segment
6.3.2.2 Japan self-monitoring blood glucose devices market
6.3.2.2.1 Japan self-monitoring blood glucose devices market breakdown by type
6.3.2.3 India self-monitoring blood glucose devices market
6.3.2.3.1 India self-monitoring blood glucose devices market breakdown by type
6.4 Rest of the World Self-monitoring blood glucose devices market
6.4.1 RoW self-monitoring blood glucose devices market breakdown by type
6.4.2 ROW self-monitoring blood glucose devices market breakdown by country
6.4.2.1 Brazil self-monitoring blood glucose devices market
6.4.2.1.1 Brazil self-monitoring blood glucose devices market breakdown by type
6.4.2.2 Australia self-monitoring blood glucose devices market
6.4.2.2.1 Australia self-monitoring blood glucose devices market breakdown by type

7. Competitive Positioning and Market Share Analysis
7.1 Porter's Five Forces of Competitive Position Analysis
7.1.1 Bargaining power of buyers
7.1.2 Bargaining power of suppliers
7.1.3 Threat of new entrants
7.1.4 Intensity of rivalry
7.1.5 Threat of substitutes
7.2 Global Self-monitoring blood glucose devices market Share Analysis

8. Company Profiles and Strategic Developments
8.1 Key Company Profiles
8.1.1 Abbott Laboratories, Inc.
8.1.1.1 Business overview
8.1.1.2 Product and service offerings
8.1.2 F. Hoffmann-La Roche, Ltd.
8.1.2.1 Business overview
8.1.2.2 Product and service offerings
8.1.3 Life Scan Inc.(J&J)
8.1.3.1 Business overview
8.1.3.2 Product and services offerings
8.1.4 Bayer AG
8.1.4.1 Business overview
8.1.4.2 Product and service offerings
8.1.5 Medtronic, Inc.
8.1.5.1 Business overview
8.1.5.2 Product and service offerings
8.1.6 B. Braun Melsungen AG
8.1.6.1 Business overview
8.1.6.2 Product and service offerings
8.1.7 Nipro Diagnostics Inc.
8.1.7.1 Business overview
8.1.7.2 Product and service offerings
8.1.8 Arkray Devices
8.1.8.1 Business overview
8.1.8.2 Product and service offerings
8.1.9 Nova Biomedical
8.1.9.1 Business overview
8.1.9.2 Product and service offerings
8.1.10 BIONIME CORPORATION
8.1.10.1 Business overview
8.1.10.2 Product and service offerings
8.2 Strategic Developments in the Self-monitoring blood glucose devices market
8.2.1 Mergers & acquisitions
8.2.2 Collaborations / Partnerships
8.2.3 Product launch
8.2.4 Others

9. Appendix
9.1 List of Abbreviations

List of Tables:
Table 1 Specific Primary And Secondary Sources Used for this Publication
Table 2 Global Self-Monitoring Blood Glucose Devices Market Snapshot
Table 3 Major Smbg Companies And Brands
Table 4 Drivers for The Market: Impact Analysis
Table 5 Restraints for The Market: Impact Analysis
Table 6 Global Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011-2014)
Table 7 Global Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 - 2022)
Table 8 Global Self-Monitoring Blood Glucose Devices Market Breakdown by Geography, $M (2011 - 2014)
Table 9 Global Self-Monitoring Blood Glucose Devices Market Breakdown by Geography, $M (2015 - 2022)
Table 10 Global Self-Monitoring Blood Glucose Strips Market Breakdown by Region $M (2011-2014)
Table 11 Global Self-Monitoring Blood Glucose Strips Market Breakdown by Region, $M (2015-2022)
Table 12 Global Self-Monitoring Blood Glucose Meter Market Breakdown by Region, $M (2011-2014)
Table 13 Global Self-Monitoring Blood Glucose Meter Market Breakdown by Region, $M (2015-2022)
Table 14 Global Self-Monitoring Blood Glucose Lancet Market Breakdown by Region, $M (2011-2014)
Table 15 Global Self-Monitoring Blood Glucose Lancet Market Breakdown by Region, $M (2015-2022)
Table 16 North America Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 17 North America Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 18 North America Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2011 - 2014)
Table 19 North America Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2015 - 2022)
Table 20 U.S. Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 21 U.S. Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 22 Canada Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 23 Canada Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 24 Europe Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 25 Europe Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 26 Europe Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2011 - 2014)
Table 27 Europe Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2015 - 2022)
Table 28 Germany Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 29 Germany Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 30 France Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 31 France Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 32 U.K. Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 33 U.K. Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 34 Italy Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 35 Italy Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 36 Spain Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 37 Spain Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 38 Russia Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 39 Russia Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 40 Asia Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 41 Asia Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 42 Asia Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2011 - 2014)
Table 43 Asia Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2015 - 2022)
Table 44 China Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 45 China Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 46 Japan Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 47 Japan Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 48 India Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 49 India Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 50 Row Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 51 Row Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 52 Row Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2011 - 2014)
Table 53 Row Self-Monitoring Blood Glucose Devices Market Breakdown by Country, $M (2015 - 2022)
Table 54 Brazil Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 55 Brazil Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 56 Australia Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2011 -2014)
Table 57 Australia Self-Monitoring Blood Glucose Devices Market Breakdown by Type, $M (2015 -2022)
Table 58 Abbott Laboratories, Inc.- Key Facts
Table 59 F. Hoffmann-La Roche, Ltd. - Key Facts
Table 60 Life Scan Inc.- Key Facts
Table 61 Bayer Ag- Key Facts
Table 62 Medtronic, Inc.- Key Facts
Table 63 B. Braun Melsungen Ag - Key Facts
Table 64 Nipro Diagnostics Inc. - Key Facts
Table 65 Arkray Devices- Key Facts
Table 66 Nova Biomedical- Key Facts
Table 67 Bionime Corporation- Key Facts

List of Figures:
Fig 1 Research Scope for Global Self-Monitoring Blood Glucose Market
Fig 2 Research Methodology for Global Self-Monitoring Blood Glucose Devices Market
Fig 3 Number of People (Age 20-79 Years) Suffering From Diabetes (2013-2035)
Fig 4 Global Percentage of Aging Population (2000 - 2050)
Fig 5 Percentage Prevalence of Overweight Men Aged 30 Years And Above, (2005 And 2015)
Fig 6 Percentage Prevalence of Overweight Women Aged 30 Years And Above (2005 And 2015)
Fig 7 Global Self-Monitoring Blood Glucose Devices Market Size by Type, $M (2011 - 2022)
Fig 8 Global Self-Monitoring Blood Glucose Devices Market Size by Geography, $M (2011 - 2022)
Fig 9 Global Self-Monitoring Blood Glucose Strips Market Size by Region, $M, (2011 - 2022)
Fig 10 Global Self-Monitoring Blood Glucose Meter Market Size by Region, $M (2011 - 2022)
Fig 11 Global Self-Monitoring Blood Glucose Lancet Market Size by Region, $M (2011 - 2022)
Fig 12 Global Self-Monitoring Blood Glucose Devices Market Size, by Geography
Fig 13 North America Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 14 North America Self-Monitoring Blood Glucose Devices Market Share, by Country (2014)
Fig 15 U.S. Self-Monitoring Blood Glucose Devices Market Share, by Type (2014 And 2022)
Fig 16 Canada Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 17 Europe Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 18 Europe Self-Monitoring Blood Glucose Devices Market Share, by Country (2014)
Fig 19 Germany Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 20 France Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 21 U.K. Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 22 Italy Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 23 Spain Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 24 Russia Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 25 Asia Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 26 Asia Self-Monitoring Blood Glucose Devices Market Share, by Country (2014)
Fig 27 China Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 28 Japan Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 29 India Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 30 Row Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 31 Row Self-Monitoring Blood Glucose Devices Market Share, by Country (2014)
Fig 32 Brazil Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 33 Australia Self-Monitoring Blood Glucose Devices Market Share, by Type (2014)
Fig 34 Porter’S Five Forces of Competitive Position Analysis
Fig 35 Market Share of Key Players In The Global Self-Monitoring Blood Glucose Devices Market (2014)
Note: Product cover images may vary from those shown
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- Abbott Laboratories, Inc.
- Arkray Devices
- B. Braun Melsungen AG
- BIONIME CORPORATION
- Bayer AG
- F. Hoffmann-La Roche, Ltd.
- Life Scan Inc.(J&J)
- Medtronic, Inc.
- Nipro Diagnostics Inc.
- Nova Biomedical
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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