ICT & Electronics Smart Blood Glucose Meters Market | Page 2

The global smart blood glucose meters market is segmented into technology such as invasive blood glucose meters and non-invasive blood glucose meters. Among these segments, invasive blood glucose meters segment is expected to occupy the top position in the market. Moreover, the rise of invasive blood glucose meters segment is attributed to the huge usage invasive blood glucose meters due rising prevalence of diabetic patients globally. In addition to this, wide use of these compact devices for the measurement of blood glucose level is also bolstering the market of smart blood glucose meters. Global smart blood glucose meters market is expected to register a significant CAGR over the forecast period i.e. 2017-2024. Moreover, the global smart blood glucose meters market is anticipated to expand at noteworthy revenue by 2024. The market is expected to expand on the back of availability of innovative technology and increasing aging population. In terms of geography, the most prominent regional markets are North America and Europe. North America region is envisioned to dominate the overall market of smart blood glucose meters over the forecast period owing to rapid urbanization and wide use of these compact devices for the measurement of blood glucose level. Moreover, Europe region captured the second largest market of smart blood glucose meters in 2016 due to increasing diabetic patients. Spiked penetration of smart devices Integration of internet of things (IoT) into healthcare devices and rising healthcare expenditure across the globe are believed to be the dynamic factor behind the rapid growth of smart blood glucose meters market. Furthermore, growing demand for accurate measurement of blood sugar level is also expected to expand the market of smart blood glucose meters across the globe. Request Report request/2/rep-id-384 Sample@ https://www.researchnester.com/sample- Swelled disposable income Rising disposable income of the population across the globe supported by the positive GDP figures in growing nations are supporting the penetration of smart healthcare devices such as smart blood glucose meters. Further, rapid urbanization coupled with technological advancement in measuring blood glucose level and increasing geriatric population affected with diabetes are Copyright © Research Nester www.researchnester.com