Glucose Sensor Market

ethansmith

Global Glucose Sensor

Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2016

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Report Description

Diabetes mellitus is one of the most widely prevalent endocrine disorder of carbohydrate

metabolism. Over the last couple of years, there has been a significant rise in diabetes

mellitus cases worldwide. Sedentary lifestyle coupled with unhealthy dietaries leads to

obesity which in turn is fueling diabetic cases. Glucose sensors is a compact analytical

device or a unit incorporating a biological or biologically derived sensitive recognition

element integrated with physiochemical transducer. Self-monitoring blood glucose

investigated in diabetes mellitus is essential for insulin treatment or oral glucose lowering

medication to provide information of glucose concentrations in our body. These sensors

has proved quite efficient in monitoring the glucose level in human body, thus gaining

wide popularity among healthcare practitioners for assessment purpose.

Glucose Sensor Market: Drivers and restraints

As per the World Health Organization (WHO) diabetes is the seventh leading cause for

death. Incidence rate is quite high when compared to other chronic disorder. In 2014,

around 382 million were diagnosed with diabetes. Changing lifestyle is expected to

further extrapolate the diabetic cases globally. Increasing cases of diabetes is expected to

drive the overall demand of glucose sensors devices. Accurate and precise data offered

by glucose monitoring sensors than that of conventional devices is another leading driver

for this market. Diabetic patients are inclined towards noninvasive techniques such as

sensors. More number of people becoming health conscious and use of sensors are

increasing gradually. Macroeconomic factors such as increasing healthcare expenditure is

expected to further driver the market over the forecast period. Though the market is

expected to generate significant revenue throughout the forecast period, high cost of


Report Description

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Glucose Sensor Market: Segmentation

Glucose Sensor Market can be segmented on the bases of region, product type,

technologies, and end-users.

By Product:

Non Invasive

Minimally Invasive

Invasive

By Technologies:

Photo Acoustic Spectroscopy

Optical Coherence Tomography

MIR Spectroscopy

NIR Spectroscopy

Impedance Spectroscopy

Skin Suction Blister Technique


Report Description

By End User:

Hospitals

Clinics

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Glucose Sensor Market: Overview

The Global glucose sensor market is witnessing rapid technological advancements with

high accuracy and precision. These devices are noninvasive and pain free so patients are

accepting these devices to monitor blood glucose levels. Glucose sensor devices market

is expected to grow at healthy growth rate in forecasting period.

Glucose Sensor Market: Region-Wise Outlook

On the basis of region, glucose sensor market is segmented into seven key regions: North

America, Latin America, and Eastern Europe, Western Europe, and Asia pacific excluding

japan, Japan, Middle East and Africa.

Going through the present trend, market seems to be optimistic in near future and is

expected to register significant growth during the forecast period.

Currently, North America dominates the Glucose sensor market. Glucose Sensors are

most widely used in developed countries because of noninvasive and pain free

technologies. Increasing healthcare awareness among people is expected to fuel the


Report Description

Asia Pacific market is considered to rapidly evolving healthcare infrastructure, this region

is anticipating providing a lucrative growth of glucose sensor market.

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Glucose Sensor Market: Key players

Abbott Diagnostics, Pinnacle Technologies, Inc., 77 Elektronika KFT, Sanofi, Life Scan

(Johnson and Johnson Company) are some of the key market players engaged in glucose

sensor market


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