NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/03/03 - The glucose meter market in the UAE is expected to grow at a CAGR of around 18% during 2011 - 2013, says a new research report from RNCOS.
Over the past few years, the trend with blood glucose meters has been to maximize patient comfort and convenience by reducing the volume of the blood sample required. With the increasing income of expatriate population as well as domestic population in the country, the demand for such convenient and expensive products has been increasing. Consequently, the blood glucose meter market in the UAE is anticipated to grow at a CAGR of around 18% during 2011-2013, says our new research report “Diabetes Market in UAE”.
Moreover, our team of experts has done an extensive research on the diabetes market of UAE and has found that, the number of diabetes patients in the country is anticipated to grow at a CAGR of 4.4% during 2010-2013, which is nearly double the rate with which the global diabetes patients will rise. This will help in propelling the demand for blood glucose meter in the country, which in turn, will fuel the revenue of the glucose meter market. Besides, several factors, like technological innovations and many more have been discussed in the report.
Our report has clearly segmented the diabetes market on the basis of type of drug, insulin delivery devices, and monitoring. Under the types of drug, oral diabetic drug market and insulin market have been included, whereas in the monitoring segment, only glucose monitoring market has been covered. Most importantly, thorough description of the insulin pump market, insulin pen market, and insulin syringes market has also been covered in the report.
“Diabetes Market in UAE” also provides information of the key competitors in the market along with their business information and areas of expertise. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry along with emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get in-depth knowledge of the current, past, and future performance of the industry.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.