Global Self-Monitoring Blood Glucose Strips Market 2017-2021

  • ID: 4115489
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
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FEATURED COMPANIES

  • Abbott Laboratories
  • Becton Dickinson
  • DarioHealth
  • Integrity Applications
  • Medisana
  • Menarini Diagnostics
  • MORE
About Self-Monitoring Blood Glucose Strips

The blood glucose strips market is a part of the SMBG market. The global SMBG devices market is organized and is expected to grow rapidly with the increase in incidence of diabetes across the globe. Vendors are offering SMBG devices that are safe, portable, accurate, and require low power consumption. The availability of innovative and advanced SMBG devices will propel sales of these devices and spur market growth.

The analysts forecast the global self-monitoring blood glucose strips market to grow at a CAGR of 11.80% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global self-monitoring blood glucose strips market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of self-monitoring blood glucose strips.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Self-Monitoring Blood Glucose Strips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Abbott Laboratories
- Roche Diagnostics
- LifeScan
- Medtronic

Other prominent vendors
- AgaMatrix
- Animas
- Becton Dickinson
- Beurer
- Bioptik Technology
- DarioHealth
- DexCom
- GlySens
- Integrity Applications
- International Biomedical
- Medisana
- MediWise
- Menarini Diagnostics
- Nemaura
- Nipro Diagnostics
- Nova Biomedical
- Owen Mumford
- Senseonics
- TaiDoc Technology

Market drivers
- Technological advances in BGM devices requiring test strips
- For a full, detailed list, view the full report

Market challenges
- High cost of blood glucose test strips
- For a full, detailed list, view the full report

Market trends
- Availability of test strips made from Indian silk
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Abbott Laboratories
  • Becton Dickinson
  • DarioHealth
  • Integrity Applications
  • Medisana
  • Menarini Diagnostics
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by end-user

Hospitals and diagnostic laboratories

POL

Home-care settings

PART 07: Geographical segmentation

SMBG strips market in Americas

SMBG strips market in EMEA

SMBG strips market in APAC

PART 08: Market drivers

Increase in global diabetes population

Technological advances in BGM devices requiring test strips

Availability of reimbursements

PART 09: Impact of drivers

PART 10: Market challenges

High cost of blood glucose test strips

Intense competition among vendors

Inaccuracy in reading BGM devices

PART 11: Impact of drivers and challenges

PART 12: Market trends

Availability of test strips made from Indian silk

Increasing adoption of home healthcare devices

Increase in online marketing strategies

Increased adoption of bundled product marketing strategy

PART 13: Vendor landscape

Competitive scenario

Other prominent vendors

PART 14: Key vendor analysis

Abbott Laboratories

Roche Diagnostics

LifeScan

Medtronic

Key companies to watch out for

PART 15: Appendix

List of abbreviations

PART 16: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Strengths and weakness of SMBG market
Exhibit 03: Global blood glucose strips market share 2016
Exhibit 04: Global blood glucose strips market overview
Exhibit 05: Opportunity analysis of home-care SMBG devices market
Exhibit 06: Global SMBG test strips market 2016-2021 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global SMBG strips market by end-user 2016
Exhibit 09: Various types of reference measurement services
Exhibit 10: Important aspects for use of BGM devices in home-care settings
Exhibit 11: Geographical segmentation of global blood glucose strips market (% revenues)
Exhibit 12: Geographical segmentation of global SMBG strips market ($billions)
Exhibit 13: SMBG strips market in Americas: Overview 2016
Exhibit 14: SMBG strips market in Americas 2016-2021 ($ billions)
Exhibit 15: SMBG strips usage scenario in selected countries in Americas
Exhibit 16: SMBG strips market in EMEA: Overview 2016
Exhibit 17: SMBG strips market in EMEA 2016-2021 ($ billions)
Exhibit 18: SMBG strips usage scenario in selected countries in Europe
Exhibit 19: SMBG strips market in APAC: Overview 2016
Exhibit 20: SMBG strips market in APAC 2016-2021 ($ billions)
Exhibit 21: SMBG strips usage scenario in selected countries in APAC
Exhibit 22: HS code for blood glucose level test strips in selected countries
Exhibit 23: Impact of drivers
Exhibit 24: Impact of drivers and challenges
Exhibit 25: Market share analysis of global SMBG strips market 2016
Exhibit 26: Competitive structure analysis of global BGM devices market 2016
Exhibit 27: Global SMBG strips market: Competitive landscape
Exhibit 28: Company strategies for success
Exhibit 29: Abbott Diagnostics: Strength assessment
Exhibit 30: Abbott Diagnostics: Strategy assessment
Exhibit 31: Abbott Diagnostics: Opportunity assessment
Exhibit 32: Roche Diagnostics: Strength assessment
Exhibit 33: Roche Diagnostics: Strategy assessment
Exhibit 34: Roche Diagnostics: Opportunity assessment
Exhibit 35: LifeScan: Strength assessment
Exhibit 36: LifeScan: Strategy assessment
Exhibit 37: LifeScan: Opportunity assessment
Exhibit 38: Medtronic tie-ups in different countries
Exhibit 39: Medtronic: Strength assessment
Exhibit 40: Medtronic: Strategy assessment
Exhibit 41: Medtronic: Opportunity assessment
Exhibit 42: Ypsomed company overview
Exhibit 43: B Braun company overview
Exhibit 44: ARKRAY company overview
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FEATURED COMPANIES

  • Abbott Laboratories
  • Becton Dickinson
  • DarioHealth
  • Integrity Applications
  • Medisana
  • Menarini Diagnostics
  • MORE
New Report Released: – Global Self-Monitoring Blood Glucose Strips Market 2017-2021

The author of the report recognizes the following companies as the key players in the global self-monitoring blood glucose strips market: Abbott Laboratories, Roche Diagnostics, LifeScan, and Medtronic.

Other Prominent Vendors in the market are: AgaMatrix, Animas, Becton Dickinson, Beurer, Bioptik Technology, DarioHealth, DexCom, GlySens, Integrity Applications, International Biomedical, Medisana, MediWise, Menarini Diagnostics, Nemaura, Nipro Diagnostics, Nova Biomedical, Owen Mumford, Senseonics, and TaiDoc Technology.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is availability of test strips made from Indian silk. The wound healing properties of silk produced in India was discovered in 2014 by the scientists from Advanced Study in Science and Technology. The natural silk was combined with polypropylene to create a product with strong antibacterial properties and to improve wound healing. After an extensive research, they found a new use of Indian silk in diabetes management. The test strips are commonly made from plastic or paper. The scientists in a laboratory in Bangalore, India have worked and found a way to weave diabetic strips from silk.”

According to the report, one of the major drivers for this market is technological advances in BGM devices requiring test strips. An increase in technological advances in BGM devices is being witnessed. Vendors are investing in R&D for designing and developing innovative BGM devices that are portable, patient-friendly, and pain-free, and which can give accurate results. Moreover, the availability of non-invasive devices that use ultrasound is attracting customers as they do not require the pricking of the skin several times a day.

Further, the report states that one of the major factors hindering the growth of this market is high cost of blood glucose test strips. The high cost of blood glucose test strips is a major challenge hindering the growth of the global SMBG strips market. Blood glucose level monitoring with the use of invasive devices is both painful and expensive. The pain is because of the lancet pricking the fingertip for blood required for testing. The expenditure is because of the consumable test strips on which the drop of blood needs to be placed before being inserted into the reader

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Abbott Laboratories
  • Roche Diagnostics
  • LifeScan
  • Medtronic
  • AgaMatrix
  • Animas
  • Becton Dickinson
  • Beurer
  • Bioptik Technology
  • DarioHealth
  • DexCom
  • GlySens
  • Integrity Applications
  • International Biomedical
  • Medisana
  • MediWise
  • Menarini Diagnostics
  • Nemaura
  • Nipro Diagnostics
  • Nova Biomedical
  • Owen Mumford
  • Senseonics
  • TaiDoc Technology
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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