Report ID: UCMIG35A2648
Report ID:
UCMIG35A2648 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2020, the global network point-of-care glucose testing market demonstrated a significant value of USD 1.3 billion. Looking ahead, the market is projected to experience steady growth with a compound annual growth rate (CAGR) of 3.9% from 2021 to 2028. This expansion can be attributed to the increasing demand for convenient and rapid glucose testing solutions, particularly in the healthcare sector. The adoption of network-based point-of-care glucose testing devices is expected to rise as they offer real-time monitoring and data connectivity, allowing healthcare professionals to make timely decisions and provide effective patient care. As the market continues to evolve, advancements in technology and the introduction of innovative products are likely to fuel further growth in this sector.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: UCMIG35A2648