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Blood Glucose Monitoring Consumables Market - Global Outlook and Forecast 2021-2026: Increasing Vendor Focus on Recurring Revenue Through Consumables | ||
By: PR Newswire Association LLC. - 12 May 2021 | Back to overview list |
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DUBLIN, May 12, 2021 /PRNewswire/ -- The "Blood Glucose Monitoring Consumables Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Blood Monitoring Consumables Market Report. However, the outbreak of the COVID-19 pandemic and the introduction of advanced test strips and lancets influence the digital diabetes management market's growth. The increased demand for self-care/homecare devices is also contributing to the usage of BGM consumables. With an increase in the sale of blood glucose meters, test strips, and lancets, the market offers tremendous growth opportunities for global, regional, and local vendors. Therefore, many vendors strategically focus on the development and commercial launches for regular blood glucose monitoring, which increases the demand for consumables. INSIGHTS BY GEOGRAPHY INSIGHTS BY VENDORS New product approvals/launches coupled with increased R&D activities are the major strategies implemented by vendors to expand presence, enhance market growth, and sustain the market position. Vendors are actively launching innovative devices to penetrate and tap the high growth potential of the market. Vendors are aggressively engaged in R&D activities and plan to launch several innovative products in the coming years. For instance, Abbott, F. Hoffmann-La Roche, Medtronic, Dexcom, LifeScan, and Ascensia Diabetes Care dominate the market due to continuous product innovations and launches. Several companies are developing or commercializing products such as CGM sensors with increased lifespan, advanced test strips, lancets, and lancing devices, respectively, for continuous and self-monitoring blood glucose devices in the market.
Other Prominent Vendors
Key Topics Covered: For more information about this report visit https://www.researchandmarkets.com/r/4masph Media Contact: Research and Markets SOURCE Research and Markets |
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Copyright 2021 PR Newswire Association LLC. | Back to overview list |