Glucose Meter Manufacturing
Over the past five years, the Glucose Meter Manufacturing industry has benefited from the rising prevalence of diabetes. Moreover, according to the American Diabetes Association, there are about 7.2 million individuals who have undiagnosed diabetes, which provides a large potential customer base for industry manufacturers. Diabetic patients use glucose meters to manage their glucose levels, as these meters measure and display the amount of sugar (i.e. glucose) in their blood. Industry products have increasingly appealed to diabetic patients because meters now require less blood to take measurements and can store previous glucose levels, which streamlines patients' healthcare data. Over the five years to 2023, industry revenue is forecast to grow, as diabetes is expected to become increasingly prevalent.
The Glucose Meter Manufacturing industry develops and produces blood glucose meters and testing supplies that help users monitor blood glucose levels. Most manufacturers also develop other medical devices.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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