(
EMAILWIRE.COM, February 09, 2017 ) According to the report North America
Diabetes Devices Market, published by Market Data Forecast, the North American market is projected to reach USD 2.307 billion by 2020, at a CAGR of 6.47% during the forecast period from 2015 to 2020.
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http://www.marketdataforecast.com/market-reports/north-america-diabetes-care-devices-market-105/
Diabetes is the most widespread disease globally which is caused by the imbalance of blood sugar level in the body. The disease is either genetically inherited or the changing lifestyle these days and unhealthy diets can also cause diabetes. This further has severe effects on the body like internal damaging of organs and hence require regular monitoring and controlled level of sugar.
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In North America, the market is mainly driven with increasing R & D in the field of Diabetes along with increasing awareness about disease care. But still there is a class of people with low medical literacy rate due to which the market growth is constrained. The high cost of medical devices is also restricting the market in North America. Chronic problems have alarmingly increased direct costs (medical care) and indirect costs (temporary disability, permanent disability and premature mortality). If more resources are not assigned to preventive medicine, these trends, in addition to not meeting the needs of the population, will financially collapse health systems and the patients’ pockets.
In North America, the diabetes care device market is segmented by type and by country. By type the market has been segmented in to Insulin delivery devices, Diabetes monitoring devices and Diabetes Control Solutions. The products in each of these segments are segregated in the following way: Diabetes Monitoring Devices (Self-blood Monitoring Devices: Blood Glucose Monitoring Devices, Test Strips, Lancets and Haemoglobin A1c Testing Kits; Continuous Glucose Monitoring Devices); Insulin Delivery Devices (Insulin Pens, Insulin Pumps, Jet Injectors and Insulin Syringes) and Diabetes Control Solutions.
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The Diabetic Devices Market is segmented as following:
• Diabetes Monitoring Devices
• Self-Blood Glucose Monitoring Devices
• Glucose Meters
• Test Strips
• Lancets
• Haemoglobin A1C testing kits
• Continuous Glucose Monitoring Devices
• Insulin Delivery Systems
• Insulin Pens
• Insulin Pumps
• Jet Injectors
• Insulin Syringes
• Diabetes Control Solutions
Roche Diagnostics, Ascensia, Abbott Laboratories, Novo Nordisk, Johnson & Johnson, Tandem and Terumo are the top companies in European Diabetes Care Devices Market.
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The Diabetes Care Devices Market study offers the following deliverables:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout related reports in the Medical Devices Category:
Cardiac Assist Devices:
http://www.marketdataforecast.com/market-reports/north-america-cardiac-assist-devices-market-28/
Insulin Delivery Devices:
http://www.marketdataforecast.com/market-reports/north-america-insulin-delivery-devices-market-259/
Trauma Fixation Devices:
http://www.marketdataforecast.com/market-reports/north-america-trauma-fixation-devices-market-340/
Minimally Invasive Surgical Instruments:
http://www.marketdataforecast.com/market-reports/north-america-minimally-invasive-surgical-instruments-market-216/
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