Diabetes care devices market is expected to witness a sluggish growth rate as it remains highly penetrated. India, on the other hand, is expected to witness highest growth rate during forecast period. Rising diabetic population, rapid industrialization and urbanization, and growing research on diabetes and its management are the key factors propelling growth of this market.
Complete report on Diabetes care devices market spread across 109 Pages, Profiling 12 Companies and supported with 33 Tables and 37 Figures is now available at Diabetes Care Devices Market http://www.rnrmarketresearch.com/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-market-report.html .
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 forecast period. Increasing diabetic population, growing research on diabetes, and lifestyle changes (driving prevalence of diabetes among urban population) are main factors driving the growth of this market.
China dominated this market, with more than 50% share in 2014. Growth in this market is mainly driven by increasing number of diabetic patients, increasing number of international research collaborations, government initiatives, and expansion of global players in the country. Diabetes care devices market in China is characterized by presence of numerous local players offering various diabetes care devices for domestic market.
Interested in this report, Get sample copy of this research now
1 Growth Potential of this Market
2 BRIC Blood Glucose Monitoring Devices Market
3 Diabetes Care Devices Market, By Geography
4 China to Dominate this Market During the Forecast Period
5 BRIC Diabetes Care Devices Market
China accounted for largest share of BRIC diabetes care devices market; it accounted for a market share of 55.5% in 2014. Major factors driving growth of this market in China are rising diabetic population, increasing international collaborations, and presence of large number of diabetes care device manufacturers in country. Indian market, on other hand, is expected to witness highest CAGR, mainly due to growing diabetic population, rapid urbanization and industrialization, and growing research on diabetes and its management.
Some of major players operating in diabetes care devices market are Becton, Dickinson and Company (U.S.), Roche Diagnostics Ltd. (Switzerland), Johnson and Johnson (U.S.), Bayer AG (Germany), Abbott Laboratories (U.S.), Acon Laboratories, Inc. (U.S.), Ypsomed AG (Switzerland), Novo Nordisk A/S (Denmark), Medtronic plc (Ireland), ARKRAY Inc. (Japan), Terumo Corporation (Japan), Dexcom, Inc. (U.S.), and Sanofi (France).
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on product portfolios offered by top players in BRIC diabetes care devices market. Report analyzes BRIC diabetes care devices market by type and country
- Product Development/Innovation: Detailed insights on upcoming trends, research and development activities, and new product launches in the BRIC diabetes care devices market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, and manufacturing capabilities of leading players in BRIC diabetes care devices market
Click now for more Details, Queries and Discount and Other Information on this study “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” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=411793 .
In this report, BRIC diabetes care devices market has been segmented by type into blood glucose monitoring devices and insulin delivery devices. Blood glucose monitoring devices segment is further classified into testing strips, self-monitoring blood glucose meters, lancets, continuous glucose monitors, and others; while, insulin drug delivery devices segment is sub segmented into insulin syringes, insulin pens, insulin pumps, and insulin jet injectors.
RnR Market Research
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Connect with Us:
G+ / Google Plus: https://plus.google.com/104156468549256253075/posts
RSS / Feeds: http://www.rnrmarketresearch.com/feed
P: + 1 888 391 5441