Combined value of the Benelux and Scandinavian glucose monitoring devices markets will rise to $783 million by 2020, Reveals New Report

The growing market for glucose monitoring devices in Benelux and Scandinavian countries is currently led by Roche, while Life Scan, Bayer and Abbott also hold significant stakes.

The combined value of the Benelux and Scandinavian glucose monitoring devices markets will increase from $494 million in 2013 to $783 million by 2020, at a Compound Annual Growth Rate (CAGR) of 7%. Roche boasts the largest share of any company in all six countries (the Netherlands, Belgium, Luxembourg, Norway, Sweden and Denmark).

Senior Analyst, says: “The increasing prevalence of diabetes, aligned with improved awareness of the condition, is the most significant factor driving the growth of the glucose monitoring devices market in the Benelux and Scandinavian regions. Roche is best placed to benefit most from the forecasted growth thanks to its strong position at present.”

“Continuous Glucose Monitoring devices are preferable to traditional glucose meters as they are able to measure glucose levels regularly. This allows for medication to be taken when it is most needed and subsequently reduces the risk of complications caused by hypoglycemic or hyperglycemic events.”

"Glucose Monitoring Devices 2006 to 2020 - Benelux and Scandinavia" provides quantitative analysis of the two glucose monitoring devices market segments: blood glucose meters and blood glucose test strips. It includes market size data by revenue and volume over the 2006–2020 period and key company share data by revenue and volume in 2013 for the following countries: Netherlands, Belgium, Luxembourg, Sweden, Denmark and Norway.

Scope

• Information on market size for the two glucose monitoring devices market segments: blood glucose meters and blood glucose test strips
• Annualized sales data by revenue for the 2006–2020 period and company share data by revenue for 2013
• Annualized sales data by volume for the 2006–2020 period and company share data by volume for 2013
• Coverage of key geographies: are Netherlands, Belgium, Luxembourg, Sweden, Denmark and Norway

Reasons to Buy

• Derive actionable insights from value-volume relationships
• Analyze value-volume relationships and provide direction to marketing and sales strategies
• Develop market-entry and market-expansion strategies
• Identify the key players best positioned to take advantage of opportunities in the European market

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