NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/05/11 - As the companies are striving for more technological innovations in the blood glucose monitoring products, the industry is bound to grow in the coming years, says RNCOS in its latest research study.
As per our new research report “US Glucose Monitoring Market Analysis”, companies in the US have been actively involved in developing blood glucose testing technology that makes it simpler and more convenient to perform testing to further contribute to the surplus upsurge of the market. These developments have enabled more testing among few of the more insulin-dependent diabetes patients and have also most probably convinced few of the “non-testers” to adopt glucose monitoring.
Extensive research and profound analysis performed for the market together exhibited a strong growth potential market with promising growth prospects inherent for the industry. Our study indicates that, extensive availability of diabetes software programs that enables medical professionals to simply download patient data from glucose meters are also propelling the growth of the market. This has enabled more open communication between healthcare providers and patients regarding blood glucose monitoring.
Besides, we have done thorough research and prudent analysis of the US blood glucose monitoring market and identified some critical factors acting as a catalyst for the industry’s current and future growth outlook. The report reveals that, the US blood glucose monitoring market will grow at a CAGR of around 11% during 2010-2015. The market will witness boost in the demand for blood glucose monitors, test strips, and lancets in the home health care market and will broaden opportunities for continuous monitoring systems and diabetes diagnostic products in the primary health care sector.
“US Glucose Monitoring Market Analysis”, analyzes the U.S. glucose monitoring market, segmenting it into glucose strips, glucose meters, continuous glucose meter, lancets, and emerging glucose monitoring technologies. Each of these segments have been thoroughly studied and analyzed in the report. Moreover, the report provides an overview of the patient profile and cost implications of diabetes in the country, which will help clients in identifying the future demand scenario.
The research contains exhaustive information regarding the market players, government initiatives, and patient profile that will help clients in formulating market strategies and assess opportunity areas in the US glucose monitoring market. The report also includes a section of future projection and demand analysis that presents a rough idea about the prospective market trends to facilitate clients comprehends the market progress in coming years.
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.