What is Self Glucose Monitoring Market?
Self glucose monitoring is a method where people with diabetes measure their blood sugar themselves using a glycemic reader. As per the reading, they can adjust or check the effect of their treatment. It is an integral part of intensive glycemic treatment and is widely believed to improve the control of blood glucose levels and health outcomes.
The market study is being classified by Type (Continuous Glucose Monitor (CGM) and Blood Glucose Meter) and major geographies with country level break-up.
Diabetes Québec (Diabète Québec) (Canada), LifeScan (United States), Hoffmann-La Roche AG (Switzerland), Medtronic (Ireland), Ascensia Diabetes Care (Switzerland), Tandem Diabetes Care (United States), Dexcom Inc. (United States), SocialDiabetes (Spain), One Drop (United States) and H2 Inc. (Taiwan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Dottli (Finland).
Self Glucose Monitoring is a fragmented market with various key players. The key players are focusing on new product launching to support people's needs and ease the burdens of diabetes management. As well the players invest in partnerships, mergers, and acquisitions to enhance their market presence and to launch programs to support people living with diabetes with evidence-based interventions.
Analyst at AMA have segmented the market study of Global Self Glucose Monitoring market by Type, Application and Region.
On the basis of geography, the market of Self Glucose Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Usage of Self Glucose Monitoring among Population
- Growing Diabetic Patients
- Technological Advancement and Digitalization over the Globe
- Lack of Knowledge and Skills to use Self Glucose Monitoring
- Growing Demand for Self Glucose Monitoring from Individuals as well as Healthcare Sector
- Regulatory Guidelines on the Self Glucose Monitoring Manufacturers
Market Leaders and some development strategies
In 2020, LifeScan has announced the partnership with Shoppers Drug Mart Inc. The partnership to launch the Canadian retailer’s first digital diabetes management pilot program. The program is an opportunity to support Canadians living with diabetes with evidence-based and data-driven interventions.
On 25th October 2021, LifeScan has launched OneTouch solutions. It is an e-commerce site a holistic digital health offering linking people with diabetes to solutions and support from proven experts. It can offer the critical support people need and ease the burdens of diabetes management for both the person with diabetes and their healthcare providers.
The US Food and Drug Administration (FDA), “It has become increasingly clear that the different use settings comprise distinct intended use populations with unique characteristics that can impact device design specifications, and that manufacturers should take the unique characteristics into account when designing their devices.”
Key Target Audience
Self Glucose Monitoring Manufacturers and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):1. Which factors would majorly drive the Self Glucose Monitoring Market?
"Increasing Usage of Self Glucose Monitoring among Population" is seen as one of major growth factors of Self Glucose Monitoring Market in years to come.2. Can we have customized study for Self Glucose Monitoring Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.3. Which region will lead the Global Self Glucose Monitoring Market? will lead Self Glucose Monitoring Market in coming years.