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Blood Glucose Device (SMBG) (Test Strips, Lancet, Meter) Market & Forecast - Worldwide

Blood Glucose Device (SMBG) (Test Strips, Lancet, Meter) Market & Forecast - Worldwide

Blood glucose monitoring devices market is very lucrative business with enormous future potential. Self-monitoring blood glucose market is primarily dependent on number of diabetic patients. So with the growth in diabetic patients blood glucose monitoring devices market is set to grow many folds. By the end of 2013 there was 382 Million people suffering from diabetes and this figure is expect to rise further to 592 Million by 2035.    

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For the year 2013 Self-monitoring blood glucose (SMBG) users has grown more than 50% from the number of users in 2007. China has the highest number of self-monitoring blood glucose device users but United States has highest number of test strips market share. Although self-monitoring blood glucose devices market is expected to grow with single digit CAGR, but its market is in double digit Billion US$. United States controls the highest market share in the self-monitoring blood glucose (SMBG) market worldwide. 4 companies Roche Diagnostic, LifeScan Inc., Bayer HealthCare and Abbott Laboratories together controls nearly 50% market share of self-monitoring blood glucose devices.  

     

Renub Research study titled “Blood Glucose Device (SMBG) (Test Strips, Lancet, Meter) Market & Forecast - Worldwide” analyzes the worldwide markets for, blood glucose test strips market, blood glucose lancet market and blood glucose meter market. This report studies separate comprehensive analytics for the 15 countries: United States, European Countries (United Kingdom, Germany, Spain, Italy, Netherlands, Norway, Sweden and Switzerland), BRIC countries (Brazil, Russia, India, China), Australia and Kuwait.  Annual estimates and forecast are provided for the period of 2014 through 2020. A six year historic analysis is also provided for these markets. This 265 page report with 257 Figures and 12 Tables provides a complete analysis of top 15 countries of worldwide self-monitoring blood glucose (SMBG) market. All the 15 countries in the report have been studied from 7 viewpoints.

 

  • Countries Diabetes Population Scenario and Future Forecast
  • Countries Type 1 and Type 2 Diabetes Scenario and Future Forecast
  • Countries Self-Monitoring Blood Glucose (SMBG) devices Users and Future Forecast
  • Countries Self-Monitoring Blood Glucose devices (SMBG) Market and Future Forecast
  • Countries Blood Glucose Test Strips Market and Future Forecast
  • Countries Blood Glucose Lancet Market and Future Forecast
  • Countries Blood Glucose Meter and Future Forecast

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Top 15 Countries is Covered in this Report

 

United States

United Kingdom

Germany

Spain

Italy

Netherlands

Norway

Sweden

Switzerland

Brazil

Russia

India

China

Australia

Kuwait

 4 Companies Revenue (Sales) from self-monitoring blood glucose (SMBG) devices have been analyzed in this report.

 

  • Roche Diagnostic 
  • LifeScan Inc., 
  • Bayer HealthCare 
  • Abbott Laboratories

Data Sources

 

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Renub Research team of industry experts.

Table of Content

1. Executive Summary

2. Worldwide Self-Monitoring of Blood Glucose (SMBG) Users and Forecast

2.1 Worldwide Self-Monitoring of Blood Glucose (SMBG) Users Share and Forecast

3. Worldwide Self-Monitoring of Blood Glucose (SMBG) Market and Forecast

3.1 Worldwide Blood Glucose Test Strips Market and Forecast

3.2 Worldwide Blood Glucose Lancet Market and Forecast

3.3 Worldwide Blood Glucose Meter Market and Forecast 

4. Worldwide Self-Monitoring of Blood Glucose (SMBG) Market Share and Forecast

4.1 Worldwide Blood Glucose Test Strips Market Share and Forecast

4.2 Worldwide Blood Glucose Lancet Market Share and Forecast

4.3 Worldwide Blood Glucose Meter Market Share and Forecast

4.4 Worldwide - Key Players Self-Monitoring Blood Glucose (SMBG) Revenue Share Analysis

5. United States

5.1 United States Diabetes Population and Forecast

5.1.1 United States Type 1 Diabetes Population and Forecast

5.1.2 United States Type 2 Diabetes Population and Forecast

5.2 United States Self-Monitoring of Blood Glucose (SMBG) Users and Forecast

5.3 United States Self-Monitoring of Blood Glucose (SMBG) Market and Forecast

5.3.1 United States Blood Glucose Test Strips Market and Forecast

5.3.2 United States Blood Glucose Lancet Market and Forecast

5.3.3 United States Blood Glucose Meter Market and Forecast

5.4 Reimbursement in United States

6. United Kingdom

7. Germany

8. Spain

9. Italy

10. Netherlands

12. Sweden

13. Switzerland

14. Russia

15. Brazil

16. India

17. China

18. Australia

19. Kuwait

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20. SMBG Market Growth Drivers

20.1 Increased Government Programs for Diabetes Care Awareness

20.2 Raising Government funding for Diabetes Management

20.3 Growing Expenditures on Diabetes Management & Worldwide per Capita Healthcare Expending

21. SMBG Market Challenges

21.1 Blood Glucose Meter Accuracy Problem Acknowledged by FDA, Industry & Clinicians

21.2 Low Compliance of Glucose Monitoring & Inadequate Reimbursement for SMBG Supplies

22. Key Players Analysis

22.1 Roche Diagnostic

22.1.1 Roche Diagnostic SMBG Revenue & Forecast

22.2 LifeScan Inc. 

22.2.1 LifeScan SMBG Revenue & Forecast

22.3 Bayer HealthCare

22.3.1 Bayer HealthCare SMBG Revenue & Forecast

22.4 Abbott Laboratories

22.4.1 Abbott Laboratories SMBG Revenue & Forecast 

Table 2 1: Worldwide: Self-Monitoring of Blood Glucose (SMBG) Users Share (Percent), 2007 – 2013

Table 2 2: Worldwide: Forecast for Self-Monitoring of Blood Glucose (SMBG) Users Share (Percent), 2014 – 2020

Table 4 1: Worldwide: Self-Monitoring of Blood Glucose (SMBG) Market Share (Percent), 2007 – 2013

Table 4 2: Worldwide: Forecast for Self-Monitoring of Blood Glucose (SMBG) Market Share (Percent), 2014 – 2020

Table 4 3: Worldwide: Blood Glucose Test Strips Market Share (Percent), 2007 – 2013

Table 4 4: Worldwide: Forecast for Blood Glucose Test Strips Market Share (Percent), 2014 – 2020

Table 4 5: Worldwide: Blood Glucose Lancet Market Share (Percent), 2007 – 2013

Table 4 6: Worldwide: Forecast for Blood Glucose Lancet Market Share (Percent), 2014 – 2020

Table 4 7: Worldwide: Blood Glucose Meter Market Share (Percent), 2007 – 2013

Table 4 8: Worldwide: Forecast for Blood Glucose Meter Market Share (Percent), 2014 – 2020

Table 20 1: United States: Estimated Spending for Pre-diabetes and Diabetes by the Federal Government and States (US$ Billion), 2011 – 2020

Table 20 2: Worldwide: Per Capita Healthcare Spending (US$), 2005 – 2012 

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