Glucose Biosensor Market Survey & Market Size Up to 2022: Radiant Insights

Glucose Biosensor Market Growth & Forecasts to 2022:

Radiant Insights

The global glucose biosensor market is expected to witness a healthy and rapid growth over the forecast period

(from 2015 to 2022). The increasing diabetes rates across the globe are anticipated to the key growth driving

factor for the market. The other market growth driving factors are the rising popularity of non-invasive products,

the increased needs for early diabetes detection & diabetes awareness levels amongst people, constantly evolving

and technically better-quality products etc. The advent of technical advancements is also projected to play an

important role in increasing the product usage rates. Moreover, many companies, including big and small, are

involved in extensive

Research & Development (R&D) initiatives to develop more accurate, cost-effective, reliable, and less painful

products.

However, on the contrary, the presence of a number of other diabetes management methods, for instance, lab

methods for monitoring the blood glucose levels, is said to hamper the market growth. The global market is

divided into end-uses, applications, and regions.

Click Here for Complete Report @ http://www.radiantinsights.com/research/global-glucose-biosensor-market

Based on on-uses, the glucose biosensor market is segregated as hospitals, home care diagnostics, and others like

research institutes, diagnostic labs, & clinical. The home care diagnostics end-use sector dominated the global

market in 2015. This sector includes the use of point-of-care-test (POCT) equipment like hand-held glucose meters.

All these POCT equipment are cost-effective and user-friendly providing quick results. In contrast, the hospital enduse sector is also said to witness a rapid growth growing at a healthy compound annual growth rate (CAGR) in the

near future.

The regions analyzed here are the Middle East & Africa (MEA), Latin America, Europe, North America, and AsiaPacific (APAC). The North America...