October 22, 2021
According to the research report titled ‘Blood Glucose Meter Market: United States Industry Analysis, Trends, Market Size and Forecasts up to 2026’, available with MarketStudyReport, blood glucose meter market value in the United States is projected to exceed USD 1 billion by the year 2026.
Blood glucose meter market growth in the United States is primarily driven by rising cases of diabetes, growing geriatric population who are prone to the ailment, increased awareness of diabetes preventative care, and new product releases.
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For the unversed, diabetes is a medical disorder in which the pancreas is incapable of producing insulin, resulting in an elevated blood glucose level. BGM (blood glucose monitoring) devices are both cost-effective and necessary for the diagnosis and treatment of diabetes.
Blood sugar levels are measured with these devices, which is an important step in diabetes management. It also aids in the prevention of other health problems like retinopathy, neuropathy, and cardiovascular disease.
Chronic ailments such as diabetes and blood pressure are on the rise as a result of unhealthy lifestyle followed by the general population. It necessitates the continuous monitoring of blood glucose levels, thereby boosting product demand, and consequently adding to blood glucose meter industry value.
The report provides valuable insights on the diabetic population and insulin users in the U.S., along with the forecasts for the same till 2026. It provides an up-to-date industry data on the current market scenario and outlook for the same in the United States. The document also entails historical data from 2013 to 2018 as well as projections until 2026.
Elaborating on competitive landscape, Infopia Co. Ltd., Fifty50 Medical LLC, Entra Health (Acquired by CRF Health), ForaCare Inc., AgaMatrix, Ascensia Diabetes Care, Arkray Inc., LifeScan Inc., F. Hoffmann-La Roche AG, and DarioHealth Corporation are among the key players profiled in blood glucose meter market in the United States research report.