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Global Blood Glucose Monitoring Devices Market to Grow at a CAGR of 11.8% by 2021 - Analysis By Product & End User - Research and Markets

[March 24, 2017]

Global Blood Glucose Monitoring Devices Market to Grow at a CAGR of 11.8% by 2021 - Analysis By Product & End User - Research and Markets

Research and Markets has announced the addition of the "Global Blood Glucose Monitoring Devices Market 2017-2021" report to their offering.

The global blood glucose monitoring devices market to grow at a CAGR of 11.81% during the period 2017-2021.

The report, Global Blood Glucose Monitoring Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

According to the report, one driver in market is growing prevalence of diabetes in the world. In 2015, approximately 415 million people in the world had diabetes, which is expected to increase to around 642 million by 2040. As of 2015, it has been estimated that 9.1% adults n the world have diabetes and this is expected to increase to 10% by 2040. In addition, 75%-80% of the individuals with diabetes belonged to low- and middle-income countries. The number of people with diabetes is high in APAC. According to OECD, the prevalent cases are going to reach about 47,973,000 in Europe, 66,812,000 in the Americas, and 18,234,000 in Africa by 2030. The global prevalence of diabetes was estimated to be 9% among adults aged above 18 years.

Key vendors