Global Self-Monitoring Blood Glucose Strips Market to Grow at a CAGR of 11.8% by 2021 - Latest Trend Gaining Momentum is the Availability of Test Strips Made from Indian Silk - Research and Markets

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Research and Markets

03 Apr, 2017, 10:00 GMT

DUBLIN, Apr. 03, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Self-Monitoring Blood Glucose Strips Market 2017-2021" report to their offering.

The global self-monitoring blood glucose strips market to grow at a CAGR of 11.80% during the period 2017-2021.

The report, Global Self-Monitoring Blood Glucose Strips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is availability of test strips made from Indian silk. The wound healing properties of silk produced in India was discovered in 2014 by the scientists from Advanced Study in Science and Technology. The natural silk was combined with polypropylene to create a product with strong antibacterial properties and to improve wound healing. After an extensive research, they found a new use of Indian silk in diabetes management. The test strips are commonly made from plastic or paper. The scientists in a laboratory in Bangalore, India have worked and found a way to weave diabetic strips from silk.

According to the report, one of the major drivers for this market is technological advances in BGM devices requiring test strips. An increase in technological advances in BGM devices is being witnessed. Vendors are investing in R&D for designing and developing innovative BGM devices that are portable, patient-friendly, and pain-free, and which can give accurate results. Moreover, the availability of non-invasive devices that use ultrasound is attracting customers as they do not require the pricking of the skin several times a day.

Key vendors

  • Abbott Laboratories
  • Roche Diagnostics
  • LifeScan
  • Medtronic

Other prominent vendors

  • AgaMatrix
  • Animas
  • Becton Dickinson
  • Beurer
  • Bioptik Technology
  • DarioHealth
  • Others.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/gf9347/global

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