Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Diabetes Diagnostics market. Market segmentation includes Product Type (Test Strips, Lancets, Analog Glucose Monitors, Continuous Glucose Monitors, Syringes, Pens, Pumps, Injectors); End-Use (Hospitals, Home Care, Diagnostic Centers, Other End-Uses).
Diabetes is a major area of concern. Studies indicate that diabetes is the major causative factor for cardiovascular and other diseases. Diabetes diagnostics systems are used to measure blood glucose levels or blood sugar levels, which indicates whether or not a person is suffering from diabetes. The global market for diabetes diagnostics devices and systems is being driven by the need for easier, economic, and efficient management of the global diabetes epidemic, improving ease-of-use and accuracy of devices, and development of non-invasive techniques to simplify regular glucose testing. The spread of diabetes at epidemic proportions is driving the requirement for pre-diabetics testing and post-prandial glucose-level monitoring. Several million cases of Type II diabetes go undiagnosed all over the world, and millions more hereditarily or otherwise are likely to be afflicted with diabetes. With increasing levels of patient education on possible ways of preventing and delaying the onset of Type II diabetes, more and more pre-diabetics are expected to start testing blood glucose. With diabetes patients becoming increasingly aware that high post-prandial blood glucose levels lead to glycosylation of hemoglobin and other proteins, subsequently triggering complications such as neuropathy, retinopathy, and cardiovascular diseases, the propensity of increased post-prandial testing will continue to fuel demand for diabetes diagnostics devices and systems. The sizeable pool of diabetic patients as well as fast increase in the uptake of advanced, minimally invasive or non-invasive products such as Integrated CGM (Continuous Glucose Monitoring) Systems is expected to fuel growth in the global diabetes diagnostics market. The integration of advanced biocompatible product designs as well as small-scale electronics is offering optimistic prospects for the emergence of non-invasive glucose monitors. Non-invasive glucose monitors integrate electronics, the sensing element as well as a power source within one package for providing new alternatives to diabetes patients and caregivers across the globe.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 9091. Among this pool, 1273 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 273 unique participations, a total of 123 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
Key Competitors Covered in the Report -
B. Braun Melsungen AG
Becton, Dickinson and Company
Beckman Coulter, Inc.
Bio-Rad Laboratories, Inc.
ACON Laboratories, Inc.
Abbott Diabetes Care
Apex Biotechnology Corporation
A. Menarini Diagnostics Ltd.
Ascensia Diabetes Care Holdings AG
Segments Covered in the Report -
Product Type (Test Strips, Lancets, Analog Glucose Monitors, Continuous Glucose Monitors, Syringes, Pens, Pumps, Injectors)
End-Use (Hospitals, Home Care, Diagnostic Centers, Other End-Uses)
Geographies Analyzed in the Report -
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
Rest of Middle East
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.