Global Glucose Monitoring Market Report 2015 - Worldwide Market Size, Share, Trend, Growth, Analysis and Research Report

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Diabetes, often referred to as diabetes mellitus, describes a group of metabolic diseases in which the person has high blood glucose (blood sugar), either because insulin production is inadequate, or because the body’s cells do not respond properly to insulin, or both. The high blood sugar produces the symptoms of frequent urination (polyuria), increased thirst (polydipsia), and increased hunger (polyphagia). Diabetes can cause acute complications which include diabetic ketoacidosis and nonketotic hyperosmolar coma. Serious long-term complications include heart disease, stroke, kidney failure, foot ulcers and damage to the eyes.

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Blood Glucose Monitoring refers to the way of testing the concentration of glucose in the blood (glycemia). Monitoring blood sugar levels is an essential part of diabetes care, as waiting for symptoms of extremely high or low blood sugar levels can result in life threatening situations. Blood sugar monitoring is done with devices which obtain a drop of blood from a finger prick, which is then analyzed on a reagent strip. The test is generally referred to as capillary blood glucose.

The key factors which are anticipated to drive the market include factors like increasing aging population, rising healthcare expenditure, increasing urbanization, obese population and awareness about blood glucose monitoring. Some of the noteworthy developments of this industry include sedentary lifestyle, increasing prevalence of diabetes, among others. However, the growth of respective industry is hindered by the barriers of regulatory risk, intense competition, and non-invasive blood glucose monitoring, among others.

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