Glucose Meter Manufacturing in the US - Industry Market Research Report

Glucose Meter Manufacturing in the US - Industry Market Research Report


Glucose Meter Manufacturing in the US

Over the past five years, the glucose meter manufacturing industry has benefited from the rising prevalence of diabetes. The American Diabetes Association (ADA) reports that there are about 8.5 million individuals with undiagnosed diabetes, providing manufacturers with a large potential customer base. Diabetic patients use glucose meters to manage their glucose levels, as these meters measure and display the amount of sugar (i.e., glucose) in their blood. Products have increasingly appealed to diabetic patients because meters now require less blood to take measurements and can store previous glucose levels, streamlining patients' healthcare data. However, over the past five years, revenue has slumped at a CAGR of 0.9% to $3.1 billion, including an expected 1.4% increase in 2023. Profit is expected to slump to 7.9% of revenue in 2023 from 10.8% in 2018.

The Glucose Meter Manufacturing industry develops and produces blood glucose meters and testing supplies that help users monitor blood glucose levels. Most manufacturers also develop other medical devices.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON JARGON & GLOSSARY

GLOSSARY

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