Global Blood Glucose Test Strips Market 2011-2015 Report Discusses That One of the Main Challenges in This Market Is the Availability of Advanced Non-Invasive Blood Glucose Monitoring Devices
DUBLIN, April 10, 2013 /PRNewswire/ –
Research and Markets (
http://www.researchandmarkets.com/research/3wm73v/global_blood) has announced the
addition of the “Global Blood Glucose Test Strips Market 2011-2015″
[http://www.researchandmarkets.com/research/3wm73v/global_blood ] report to their offering.
TechNavio’s analysts forecast the Global Blood Glucose Test Strips market to grow at a
CAGR of 4.57 percent in terms of revenue over the period 2011-2015. One of the key factors
contributing to this market growth is the increasing diabetic population. The Global Blood
Glucose Test Strips market has also been witnessing the trend of the adoption of home
healthcare devices. However, the presence of non-invasive blood glucose monitoring devices
in the market could pose a challenge to the growth of this market.
Key vendors dominating this market space include Abbott Diabetes Care Inc., Bayer
Healthcare AG, LifeScan Inc., and Roche Diagnostics Corp.
Other vendors in the market are Hainice Medical Inc., Nipro Diagnostics Inc., and Nova
Commenting on the report, an analyst from TechNavio’s Healthcare team said: “Vendors
are increasing their online marketing and promotional activities to increase sales and
customer reach. This not only provides customers with easy access, but it also helps
vendors reduce their set-up and operational costs. Furthermore, patients are opting for
online purchases as there are no time limitations in placing orders. Thus, the increasing
use of online marketing tools has a positive impact on the market.”
According to the report, one of the main drivers for this market is the increase in
diabetic patients across the globe. Unhealthy lifestyles, changes in diet, and lack of
physical exercise have led to an increase in the prevalence of diabetes. As a result,
blood glucose test strips are increasingly used to measure blood glucose levels.
For more information visit
Research and Markets Laura Wood, Senior Manager. firstname.lastname@example.org U.S. Fax: +1-646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Glucose Testing [http://www.researchandmarkets.com/categories.asp?cat_id=238&campaign_id=3wm73v ]
SOURCE Research and Markets