This report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global self-monitoring blood glucose devices market report has been segmented on the basis of product, application, end user, and region.
Blood glucose monitoring is a way of testing the concentration of glucose in the blood (glycemia). Particularly important in diabetes management, a blood glucose test is typically performed by piercing the skin (typically, on the finger) to draw blood, then applying the blood to a chemically active disposable 'test-strip'. Different manufacturers use different technology, but most systems measure an electrical characteristic, and use this to determine the glucose level in the blood. The test is usually referred to as capillary blood glucose.
Health-care professionals advise patients with diabetes mellitus on the appropriate monitoring regimen for their condition. Most people with type 2 diabetes test at least once per day. The Mayo Clinic generally recommends that diabetics who use insulin (all type 1 diabetics and many type 2 diabetics) test their blood sugar more often (4–8 times per day for type 1 diabetics, 2 or more times per day for type 2 diabetics), both to assess the effectiveness of their prior insulin dose and to help determine their next insulin dose.
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The market in North America is expected to dominate the global self-monitoring blood glucose devices market. This is primarily attributed to advancement in medical treatment procedures and rising healthcare expenditure in countries in the region. In addition, US and Canadian government are continuously formulating various reimbursement policies for the patients in order to help them to manage the cost of treatment.