Instruments, consumables, and other product types could be explored in POC blood glucose monitoring devices market
in the forecast period. The consumable sector accounted for the substantial market share of POC blood glucose
monitoring devices and is estimated to lead the overall market in the years to come. The reason behind the overall
market growth could be the growing number of diabetic patients and blood glucose monitoring tests, and the growing
demand for disposable consumables to prevent contamination.
The POC blood glucose monitoring device market could be categorized based on end-users like home care settings,
hospitals and clinics, clinical diagnostic laboratories, and others that could be explored in POC blood glucose
monitoring devices in the forecast period. The hospital and clinics sector accounted for the substantial market share
of POC blood glucose monitoring devices and is estimated to continue its dominance in the years to come. The reason
could be the increasing cases of hyperglycemia and diabetes.
Globally, North America accounted for the significant market share of POC blood glucose monitoring devices and is
estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the
growing number of diabetic cases in the United States, the presence of developed healthcare infrastructure, the
presence of key manufacturers in the region, and the rising focus on enhanced technologies. In addition, the
development of non-invasive wearable POC glucose monitoring devices may boost the overall market in the years to
come. The United States is a major consumer of POC blood glucose monitoring devices in this region.
Get a Sample Copy of This Report @
https://www.millioninsights.com/industry-reports/poc-blood-glucose-monitoring-devices-market/request-sample
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second
largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the
forecast period. The developing countries like India and China are the major consumers of POC blood glucose
monitoring devices in this region. The key players of POC blood glucose monitoring devices market are Johnson &
Johnson, Abbott, F. Hoffmann-La Roche, ARKRAY, Danaher, and Ascensia Diabetes Care. These players are
concentrating on inorganic growth to sustain themselves amidst fierce competition.
Market Segment:
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
• Abbott
• BD Medical
• Medtronic
• Sanofi