Global Blood Glucose Monitoring Devices Market Blood Glucose Test Strips held the maximum share i
Blood Glucose Test Strips held the maximum share in global blood glucose
monitoring devices market in 2017 and is expected to witness double digit growth
during the forecast period (2018-2025) owing to user-friendly procedures and cost
effectiveness
Posted by Sarah Nash October 22, 2018 in Healthcare
The global blood glucose monitoring devices market exhibited a value of USD
11,989.9million in 2017, and is projected to reach USD 18,522.7 million by 2025,
growing at a CAGR of 5.6% during 2018–2025.The key factors boosting the market
growth are growing awareness about diabetes coupled with an increase in the
number of diabetic patients and innovations and technological advancement in blood
glucose monitoring devices.
The global blood glucose monitoring devices market is expected to register a robust
growth during the forecast period due to increasing adoption of blood glucose
monitoring devices at homecare setting, growing incidence of diabetes diseases,
rising technological advancement and spending on healthcare facilities across the
globe.