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The BRIC Diabetes Care Devices Market is Estimated to Grow at a CAGR of 6.3% from 2015 to 2020, to Reach USD 2.3 Billion by 2020 | ||
By: PR Newswire Association LLC. - 03 Sep 2015 | Back to overview list |
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DUBLIN, Sep. 03, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/pqvrgz/diabetes_care) has announced the addition of the "Diabetes Care Devices Market In Brazil, Russia, India & China (BRIC) by Product (Self-Monitoring Blood Glucose Meters, Continuous Glucose Monitors, Testing Strips, Lancets, Insulin Pumps, Insulin Pens, Insulin Syringes) - Forecast to 2020" report to their offering. The BRIC diabetes care devices market is estimated to be valued at USD 1.7 Billion in 2015 and is poised to reach USD 2.3 Billion by 2020, growing at a CAGR of 6.3% during the forecast period. Increasing diabetic population, growing research on diabetes, and lifestyle changes (driving the prevalence of diabetes among urban population) are the main factors driving the growth of this market. Rising obese population associated with diabetes and increasing international collaborations are further expected to contribute to the growth of this market. On the other hand, high cost of devices, emergence of alternative therapies, disparity in reimbursement, and lack of awareness may restrict the growth of this market to a certain extent. Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net SOURCE Research and Markets |
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Copyright 2015 PR Newswire Association LLC. | Back to overview list |