Next Level IOT Blood Glucose Monitoring Device Market.pdf
1. Next Level IOT Blood Glucose Monitoring Device Market Size, Share,
Growth, Trends, Analysis to 2027
According to a recently published report by Research Nester on “Next Level IOT
Blood Glucose Monitoring Device Market: Global Demand Analysis & Opportunity
Outlook 2027” delivers a detailed overview of the global next level IOT blood glucose
monitoring device market in terms of market segmentation by technology, by
distribution channel, by end user, by usage and by region.
Further, for the in-depth analysis, the report encompasses the industry growth
drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
The global next level IOT blood glucose monitoring device market is segmented by
technology, distribution channel, end user and usage. On the basis of technology,
the market is segmented into Wi-Fi, Bluetooth low energy, Zigb Bee, near field
communication (NFC), cellular and satellite.
On the basis of distribution channel, the market is segmented into online and offline.
On the basis of end user, the market is segmented into clinical research
organizations, hospitals and clinics, research and diagnostic laboratories, homecare
and others. On the basis of usage, the market is segmented into professional and
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The global next level IOT blood glucose monitoring device market is anticipated to
record a significant growth over the forecast period i.e. 2019-2027 owing to rise in
adoption of real time data for monitoring the blood glucose level. The cellular
technology segment is anticipated to have leading shares on account of its ability of
data transmission over long distances providing it a large patient monitoring
application base. Satellite segment is anticipated to witness significant growth owing
to possibility of medical data interconnectivity.
2. The hospitals segment is expected to have leading market shares owing to improved
healthcare facilities and better treatment outcomes coupled with high investments by
hospitals in the technological advancement of monitoring devices. The homecare
segment is anticipated to witness significant growth owing possibility of self-
monitoring, ease of application, report generation and data connectivity with
North America is expected to have leading market shares owing to high adoption of
IT integration in self-health care coupled with presence of key market players in the
region. Additionally, the increasing cases of diabetes and improved home care
facilities is expected to boost the market growth. Asia-Pacific is anticipated to
witness significant market growth on the back of increasing disposable income level,
investment in healthcare facilities coupled with public and private sector initiatives.
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The changing consumer lifestyle coupled with the recent developments in the IOT
based blood glucose monitoring devices, for instance possibility to record data for
long term, maintaining dosage and blood sugar level recoding is expected to drive
the market growth. However, limitations of the data processing and data extraction
coupled with issues of data privacy, security and accuracy is expected to hinder the
market growth during the forecast period.
This report also provides the existing competitive scenario of some of the key
players of the global next level IOT blood glucose monitoring device market which
includes company profiling of F. Hoffmann-La Roche AG, Dexcom Inc., Medtronic
plc., Abbott, LifeScan Inc., Ascensia Diabetes Care and other prominent players.
The profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global next level IOT blood
glucose monitoring device market that will help industry consultants, equipment
3. manufacturers, existing players searching for expansion opportunities, new players
searching possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
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