As per our new research report “US Glucose Monitoring Market Analysis”, the US blood glucose meter market is growing at a healthy pace for the last decade due to the high prevalence of diabetes in the US, increasing incidence of diabetes due to lifestyle changes, and rising aging population. Extensive research and profound analysis performed for the market together exhibited a high growth potential market with promising growth prospects inherent for the industry.
Our study indicates that the expansion of patient education programs and promotion of preventive medicine activities will encourage more diabetic individuals to follow established guidelines for self-testing and periodic professional examinations and it is anticipated that the US blood glucose monitoring market will grow at a CAGR of around 11% during 2010-2015. The market will witness boost in the demand for blood glucose monitors, test strips, and lancets in the home health care market and will broaden opportunities for continuous monitoring systems and diabetes diagnostic products in the primary health care sector.
Further, our research elaborates that constant innovations in glucose monitoring technologies will be driven by the need for more frequent testing to better understand individual patients’ glucose level trends and enhance personal treatment protocols. New glucose monitoring technologies will work toward creating a system that is non-invasive as well as accurate, convenient, portable, stylish, and low-cost.
“US Glucose Monitoring Market Analysis” analyzes the U.S. glucose monitoring market, segmenting it into glucose strips, glucose meters, continuous glucose meter, lancets, and emerging glucose monitoring technologies. Each of these segments have been thoroughly studied and analyzed in the report. Moreover, the report provides an overview of the patient profile and cost implications of diabetes in the country, which will help clients in identifying the future demand scenario.
The research contains exhaustive information regarding the market players, the government initiatives, and patient profile that will help clients in formulating market strategies and assess opportunity areas in the US glucose monitoring market. The report also includes a section of future projection and demand analysis that presents a rough idea about the prospective market trends to facilitate clients comprehends the market progress in coming years.
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Article By: Shushmul Maheshwari