Blood Glucose Test Strips Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019
Sandy Researcher
Flat 10% Discount Free Customization as per your requirement You will get Custom Report Syndicated Report Price Report will be Delivered with 15 to 20 working days.
sales@transparencymarketresearch.com USA - Canada Toll
Free 866-552-3453
Original Price: $4795
Transparency Market Research Reports included a detailed market survey and analysis trends on “Blood Glucose Test Strips Market�. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure. Blood glucose or blood sugar refers to the sugar passed through the blood stream that is responsible for ensuring the energy supply to all the cells in the body. The regulation of blood glucose levels is essential in order to maintain the normal levels thereby maintaining hemostasis (maintaining a stable or equilibrium condition in the blood’s internal environment). The state of hemostasis is necessary for our bodies to ensure proper functionality. Browse Full Report with TOC: http://www.transparencymarketresearch.com/blood-glucose-test-strips.html
There exist different types of blood glucose measurement tests performed such as fasting blood sugar test, postprandial blood sugar, oral glucose tolerance test, glycohemoglobin A1c testing and random blood sugar testing. Deviation in blood glucose levels from the normal range results in the development of disorders such as hyperglycemia and hypoglycemia. Hyperglycemia refers to a condition characterized by high levels of blood sugar than normal range whereas hypoglycemia refers to a condition characterized by lower blood glucose levels than normal range. Research studies have proved that higher levels of blood glucose levels lead to increased risk of developing cardiovascular diseases both in diabetic and non-diabetic population. Blood glucose monitoring is referred to the regular testing of glycemia (testing the levels of glucose). Usually the blood glucose levels are monitored by either using a glucose meter comprising lancets, test strips and logbooks. In January 2014, the U.S. Food and Drug Administration (FDA) proposed the new draft guidance for blood glucose test
strips. The FDA has issued for the first time two separate guidance drafts for blood glucose test strips of which one is focused on point of care prescription meters (used in hospitals) and the other for over-the-counter (OTC) products. The scope for allowable range of errors has been tightened from plus or minus 20% to plus or minus 15%. Similarly, the range of errors in case of point of care meters is also tightened. The other requirements would be the disinfection requirements and the packaged maters would contain the information about the accuracy results of the products. This would help the buyers to select the appropriate test strips. Another major requirement that FDA had added is that it would review the manufacturers test strips release lot that means there would be more stringent scrutiny for the clearance of test strips. Hence, these guidelines would ensure safety along with high reliability and accuracy and also reduce the probability of product recalls by the respective companies.
The market for blood glucose test strips can be segmented based on the test strips available for hospital use and over the counter products. Also, a detailed geographical landscape elucidating the market trends for four major geographies can be provided. The major factors favoring the growth of the blood glucose test strips market is consistent increase in the prevalence of diabetes along with increasing obesity and increased physical inactivity. As per the data enumerated by the International Diabetes Federation, in the year 2013 there are around 382 million people suffering from diabetes worldwide of which 37 million are Americans, 72 million people in South East Asian countries and around 56 million in European countries and others. In addition, rise in technological advances and increased awareness about diabetes is leading to increased diagnosis rates both at hospitals and at individual level. These factors would in turn enhance the adoption of blood glucose test strips and drive the market growth. On the other hand, lack of accuracy, reliability, and increasing
product recalls by several manufacturers would impede the market growth. Some of the key market players competing in this market are Abbott Laboratories, Bayer Healthcare AG, LifeScan, Inc., and F.Hoffmann-La Roche Ltd. More Report on Pharmaceutical Market: http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
Enquiry before Buying: http://www.transparencymarketresearch.com/blood-glucosetest-strips.html#
About Us:Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us: Sheela AK State Tower, 90 State Street, Suite 700, Albany NY – 12207 United States Tel: +1-518-618-1030 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Report:http://marketingfirmblog.wordpress.com/ http://marketsresearchreports.wordpress.com/.