Glucose Biosensor Market is Determined to Cross US$ 30.5 Billion by 2024

The Glucose Biosensor Market is expected to exceed more than US$ 30.5 Billion by 2024 at a CAGR of 10.29% in the given forecast period.

New York, November 21, 2018: Glucose biosensor helps in observing blood glucose level in diabetic patients which help is dealing with the diabetics and getting away further entanglements. Glucose biosensors convert natural reaction into an electrical flag and help in estimating a wide range of examiners together with, microbes, grasses, natural mixes and others. Glucose estimations depend on collaborations with one of three proteins to be specific hexokinase, glucose oxidase (GOx) or glucose-1-dehydrogenase (GDH).

The Glucose Biosensor Market is expected to exceed more than US$ 30.5 Billion by 2024 at a CAGR of 10.29% in the given forecast period.

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Market Research Engine has published a new report titled as” Glucose Biosensor Market By Product (Classical glucose enzyme electrode, Transfer medium sensor, Direct sensor); By Application (Hospitals, Homecare Diagnostics, Research Institutes, Diagnostic Centers, Clinics) and by Regional Analysis - Global Forecast by 2018 – 2024”.

The Glucose Biosensor Market is segmented on the lines of its technology, component, vehicle type and regional. On the basis of product segmentation, it includes Classical glucose enzyme electrode, Transfer medium sensor and Direct sensor. Based on application classification it covers Hospitals, Homecare Diagnostics, Research Institutes, Diagnostic Centers and Clinics. The Glucose Biosensor Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The Glucose Biosensor Market has been segmented as below:

By Product:

Classical glucose enzyme electrode
Transfer medium sensor


Direct sensor

By Application:

Hospitals
Homecare Diagnostics
Research Institutes
Diagnostic Centers
Clinics

The major driving factors of Glucose Biosensor Market are as follows:

Expansion of technologically advanced products and non-invasive products
Increasing frequency of diabetes across the globe

 

The major restraining factors of Glucose Biosensor Market are as follows:

High cost, reluctance towards the adoption of the new treatment practices
Slow rate of commercialization


Lack of standardization and knowledge about handling the devices

The major opportunities of Glucose Biosensor Market are as follows:

Growing adoption of the POC diagnostic kits and wearable healthcare devices
Growth in number of diabetic patients

This report provides:

1) An overview of the global market for Glucose Biosensor Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Glucose Biosensor Market

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Report Scope:

The scope of the report includes a detailed study of Glucose Biosensor Marketwith the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Roche, Bayer, LifeScan and Abbott. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

Reasons to Buy this Report:

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Table of Contents:

Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Stakeholders
Research Methodology
2.1 Research Data
2.2 Market Size Estimation and Data Triangulation
2.3 Research Assumptions
Report Summary
Market Overview
Glucose Biosensor Market Analysis, By Product
Glucose Biosensor Market Analysis, By Application
Glucose Biosensor Market Analysis, By Region
Competitive Overview
Company Profiles
9.1 Roche
9.2 Bayer
9.3 LifeScan
9.4 Abbott

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Name: John Bay
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Organization: Market Research Engine
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Release ID: 447963