TechNavio today launched its report Blood Glucose Monitoring Market in the US 2011-2015 based on an in-depth study focusing exclusively on the US. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”Vendors have developed continuous glucose monitoring equipment that has a sensor and a transmitter. The equipment is placed on the body and interfaced with a wireless monitor, which receives the data on a periodic basis. This equipment is becoming popular among diabetic patients and it is expected to have a strong impact on the Blood Glucose Monitoring (BGM) Device market in the US.”
According to the report, vendors have developed smaller BGM devices that are portable, and presently they are sold in retail markets and pharmacies across the US. Vendors have begun to introduce personal testing kits that have a BGM device, a bundle of test strips, and other consumables, and these are becoming popular across the US. This driver is expected to have a strong impact on the market in the future.
Further, the report also discusses that the inaccuracy of devices is a major challenge hindering this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/blood-glucose-monitoring-market-us-2011…
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TechNavio Announces the Publication of its Report – Blood Glucose Monitoring Market in the US 2011-2015
