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North America SMBG Devices Market Size to hit $7.5bn by 2024

Technological advancements in SMBG devices and tremendous growth of home healthcare sector will drive North America self-monitoring blood glucose devices market over the forecast period.

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North America SMBG Devices Market Size to hit $7.5bn by 2024

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  1. North America Self-Monitoring Blood Glucose Devices Market to exceed $7.5 bn by 2024: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Key Insights from North America Self-Monitoring Blood Glucose Devices Market : • Graphical Research says, SMBG Devices Market in North America is projected to surpass $7.5 bn by 2024. • Growing adoption of unhealthy dietary habits coupled with physical inactivity has resulted in increase in obese population. Majority of obese people suffer from type 2 diabetes. Rising incidences of diabetes will act as high impact rendering factor for growth of self-monitoring blood glucose devices market. • Technological advancements in SMBG devices and increasing number of health-conscious people has stimulated adoption rate of such devices. Growing demand for minimal invasive disease monitoring tools that are easy operative in nature will positively impact growth of home healthcare self-monitoring blood glucose devices market. • However, high cost associated with self-monitoring blood glucose monitors and stringent regulations pertaining to development of SMBG devices will restrain market size expansion to certain extent during the forecast period. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Continued... • Testing strips product segment dominated the North America self-monitoring blood glucose devices market with USD 4.4 billion revenue in 2017 due to its wide application in home blood glucose monitoring and rising number of people suffering from diabetes. • Home settings end-user segment of North America self-monitoring blood glucose devices market is anticipated to witness lucrative growth during the forecast period owing to growth of home healthcare sector, rising demand for minimal invasive disease monitoring devices and availability of several user-friendly SMBG devices in the market will drive segment growth. • Canada self-monitoring blood glucose devices market will grow considerably during the forecast period owing to technological advancements in SMBG devices and rising demand for self-diabetes monitoring devices. • Key industry players operating in North America self-monitoring blood glucose devices market are Abbott Laboratories, All Medicus, Arkray, B. Braun Melsungen AG, Bayer Healthcare, Bionime Corporation, Dexcom, F. Hoffmann-La Roche, Johnson & Johnson, LifeScan, Medtronic, Nipro Diagnostics, Nova Biomedical, Sinocare and Trividia Health. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Continued... ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Browse Full Market Research Report North America Self-Monitoring Blood Glucose Devices Market @ https://bit.ly/2Ro8D6u Request for a Sample of this Research Report @ https://bit.ly/2UINZzB ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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