Global Self Monitoring of Blood Glucose (SMBG) Market & Company Analysis 2015-2020 - Roche Diagnostic, LifeScanInc, Bayer HealthCare & Abbott Laboratories

DUBLIN, Sept. 25, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/qh485h/global_self) has announced the addition of the "Global - Self Monitoring of Blood Glucose (SMBG) Users, Market & Company Analysis to 2020" report to their offering.

"Global - Self Monitoring of Blood Glucose (SMBG) Users, Market & Company Analysis to 2020" analyses the Country Wise Diabetes Population, Country Wise SMBG users, Country Wise SMBG Market, Company Wise SMBG Revenue and the driving factors and challenges for the SMBG market.

Self-monitoring of blood glucose is a very lucrative business with enormous market opportunity. Self-monitoring of blood glucose (SMBG) is an important component of modern therapy for diabetes mellitus. SMBG has been recommended for people with diabetes and their health care professionals in order to achieve a specific level of glycemic control and to prevent hypoglycemia. SMBG works by having patients perform a number of glucose tests each day or each week. The primary growth factors for the SMBG market is the increasing global diabetic population; increasing awareness among the diabetes population, increasing spending on healthcare, active reimbursement policies and the technological advancement aimed at minimal and non-invasive testing methods.

Self-monitoring of blood glucose can help both patients and their healthcare professionals better adjust to therapy and assess the responses to therapy. United States, Russia and United Kingdom are the top three leading countries in the Global SMBG market.China is at the fourth spot being closely followed by Italy with XX percent market share in the same year.Test Strips account for maximum share of the SMBG market. Blood glucose meter is the second leading product segment while lancet captures the least share of the SMBG market.The market for SMBG products has a lucrative future ahead because of the growing incidence of diabetes, increasing healthcare spending and growing awareness regarding diabetes and its implications. However, key challenges remain such as Blood Glucose Meter Accuracy and Low Compliance of Glucose Monitoring & Inadequate Reimbursement for SMBG Supplies.

The SMBGMarket covered in the report is analyzed from 4 viewpoints follows:

1. Country Wise Diabetes Population and Forecast (2007 - 2020) I. Type 1 Diabetes Population II. Type 2 Diabetes Population 2. Country Wise SMBG Users and Forecast (2007 - 2020) 3. Country Wise SMBG Market and Forecast (2007 - 2020) I. Blood Glucose Test Strips Market II. Blood Glucose Lancet Market III. Blood Glucose Meter Market 4. Company Wise SMBG Revenue and Forecast (2007 - 2020)

The 4 Companies analyzed in the reports are as follows:

1. Roche Diagnostic 2. LifeScanInc 3. Bayer HealthCare 4. Abbott Laboratories

Key Topics Covered:

1. Executive Summary

2. Global Self-Monitoring of Blood Glucose (SMBG) Users and Forecast

3. Global Self-Monitoring of Blood Glucose (SMBG) Market and Forecast

4. Global Self-Monitoring of Blood Glucose (SMBG) Market Share and Forecast

5. United States SMBG Users, Market and Forecast to 2020

6. Brazil SMBG Users, Market and Forecast to 2020

7. United Kingdom SMBG Users, Market and Forecast to 2020

8. Germany SMBG Users, Market and Forecast to 2020

9. Spain SMBG Users, Market and Forecast to 2020

10. Italy SMBG Users, Market and Forecast to 2020

11. Netherlands SMBG Users, Market and Forecast to 2020

12. Norway SMBG Users, Market and Forecast to 2020

13. Sweden SMBG Users, Market and Forecast to 2020

14. Switzerland SMBG Users, Market and Forecast to 2020

15. Russia SMBG Users, Market and Forecast to 2020

16. India SMBG Users, Market and Forecast to 2020

17. China SMBG Users, Market and Forecast to 2020

18. Thailand SMBG Users, Market and Forecast to 2020

19. Korea SMBG Users, Market and Forecast to 2020

20. Malaysia SMBG Users, Market and Forecast to 2020

21. Australia SMBG Users, Market and Forecast to 2020

22. Kuwait SMBG Users, Market and Forecast to 2020

23. Key Players Analysis

24. Global SMBG Market - Driving Factors

25. SMBG Market Challenges

Companies Mentioned

- Abbott Laboratories

- Bayer HealthCare

- LifeScan Inc

- Roche Diagnostic

For more information visit

http://www.researchandmarkets.com/research/qh485h/global_self

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net