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Global Glucose Monitoring Market -------------------------------- 2012 View Report Details

Global Glucose Monitoring Market Report

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The report provides an analysis of the glucose monitoring market. It also discusses the major trends, growth drivers and challenges in the market. The regular glucose monitoring market is mainly controlled by four major players namely Roche, J&J-Lifescan, Bayer and Abbott whereas the CGM market is controlled by Medtronic and Dexcom.

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Page 1: Global Glucose Monitoring Market Report

Global Glucose Monitoring Market

--------------------------------2012

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Page 2: Global Glucose Monitoring Market Report

Executive Summary

The worldwide market for blood glucose monitoring is mainly dependent on the number of diabetes patients in the world which is growing

significantly and is expected to grow even further in the near future. As a result, the worldwide market for glucose monitoring devices

should also grow. There is no cure for diabetes and it can only be controlled. In order to control it, blood glucose monitoring is mandatory.

Diabetes can be of 2 types i.e. type I and type II. Type II diabetes is so far more prevalent compared to type I. The type I diabetes can be

monitored with the help of regular glucose monitoring devices and self monitoring blood glucose monitoring devices. Regular glucose

monitoring is done with the help of standard hand prick glucose monitors. This segment contributes the major share of total sales of blood

glucose monitoring industry. The blood glucose test strips which are required for glucose tests are disposable which means there is a

steady growth opportunity in the glucose test strip market.

Continuous glucose monitoring is mainly required for type I diabetes patients or patients very high blood glucose level. A type I diabetes is

less prevalent; the market for CGM (Continuous glucose monitoring) devices is smaller compared to Regular glucose monitoring market.

CGM is a costlier procedure and is not covered automatically by medical insurances which also affect the sales of this particular segment.

CGM is an invasive procedure and operation is required to place the sensor in the patient’s body. As soon as the reimbursement of CGM

improves, the market should perform better.

The global aging population, obese population, worldwide health expenditure and awareness about diabetes are the factors which are

fuelling the growth of the glucose monitoring industry. The unwillingness of patients in frequent glucose test and increased competition in

the developed market are the major challenges to the growth.

The report provides an analysis of the glucose monitoring market. It also discusses the major trends, growth drivers and challenges in the

market. The regular glucose monitoring market is mainly controlled by four major players namely Roche, J&J-Lifescan, Bayer and Abbott

whereas the CGM market is controlled by Medtronic and Dexcom.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the

global glucose monitoring devices market. We employed various significant variables that have an impact on this industry and created

regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the

relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output,

including charts, tables and tests.

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Page 3: Global Glucose Monitoring Market Report

Strong growth in glucose monitoring market chiefly due to significant growth in global diabetes market and specifically due to glucose strip market segment …

The worldwide market for diabetes devices has grown at

the compound annual growth rate of …%.......................

…………………………………………………………………

…………………..

The global market for glucose monitoring devices reported

a consistent growth during 2005 and 2010, at CAGR of

…%. …………………………………....................................

The self-monitoring blood glucose market recorded at

CAGR of …% from US$... billion in 2008 to US$... billion

…………………………………………………………………

…………………………………………………………………

……………………………………..

Worldwide Market of Self Monitoring Blood Glucose and Strip MarketWorldwide Market of Glucose Monitoring Devices

Worldwide Market of Diabetes Devices

2005

2006

2007

2008

2009

2010

%

US

$ B

illion

Market Size Growth

2008 2009 2010

US

$ B

illiom

SMBG Market Strip Market

2005

2006

2007

2008

2009

2010

%

US

$ B

illion

Market Size Growth

Page 4: Global Glucose Monitoring Market Report

Strong growth in continuous glucose monitoring combined with standard growth in regular glucose monitoring segment has contributed to the overall growth…

The worldwide blood glucose monitoring market can be

divided into two segments; namely regular glucose

monitoring devices and continuous glucose monitoring

(CGM) devices…………………………………...…………….

…………………………………………………………………

……………………….

Regular glucose monitoring market, which includes SMBG

products, registered a compound annual growth rate of

…% during 2005 to 2010. The market was estimated worth

US$... billion in 2005, which reached US$... billion by the

end of 2010. ……………………………………………………

The CGM market recorded a CAGR of …% during 2005-

2010. In 2005, the market size of CGM devices was US$...

million, which increased to US$... million in 2010. In 2008,

the CGM market recorded a Y-o-Y growth of

…%.......................................................................................

..............................................................................................

.....................................................

Worldwide Regular Glucose Monitoring Market

Worldwide Continuous Glucose Monitoring Market

2005

2006

2007

2008

2009

2010

%

US

$ B

illion

Market Size Growth

2005

2006

2007

2008

2009

2010

%

US

$ M

illion

Market Size Growth

Page 5: Global Glucose Monitoring Market Report

Worldwide glucose monitoring market is expected to grow in near future mainly on back of rising aging and obese population…

• There has been a notable growth in the worldwide market for glucose monitoring products in the past few years, and this growth is

projected to …………………………………………………………………………………………………………estimated to grow at a

CAGR of …% during 2010-15…………………………………..

• The major growth drivers of the market are……………………………………………………………………………………………………..

………………………………………………………………………………………………………………………………….

2010A 2011E 2012E 2013E 2014E 2015E

US

$ B

illion

Worldwide Glucose Monitoring Market Outlook

Page 6: Global Glucose Monitoring Market Report

Table of Contents

1. Glucose Monitoring

1.1 An Introduction

2. Glucose Monitoring - Market Size

Global Market Value

SMBG Market Value

SMBG Market by Region

3. Glucose Monitoring Market by Segments

3.1 Regular Glucose Monitoring Market

3.2 Continuous Glucose Monitoring Market

4. Key Trends

4.1 Growing Number of Global Diabetic Patients

4.2 Prevalence of Diabetes in Aging Population

4.3 Diabetes Prevalence: Men Vs Women

4.4 Shifted Focus towards CGM from Hand-prick Glucose

Meters

5. Market Drivers

5.1 Rising Ageing Population

5.2 Increasing Urbanization

5.3 Rising Obese Population

5.4 Awareness about Blood Glucose Monitoring

6. Challenges

6.1 Increased Competition

6.2 Unwillingness of Diabetes Patients

6.3 Non-invasive Blood Glucose Monitoring

7. Significant Developments

7.1 CGM in Interstitial Adipose Tissue, Cerebral Cortex &

Muscle

7.2 Minimally Invasive Blood Glucose Monitoring

7.3 Needle Sensor System

8. Competitive Landscape

Competitive Overview

Market Share

List of Charts

Worldwide Market Size of Diabetes Devices, 2005-2010

Diabetes Equipment Market Volume of Emerging Markets, 2009-2010

Worldwide Market Size of Glucose Monitoring Devices, 2005-2010

Worldwide Market Size of Self Monitoring Blood Glucose and Strip

Market, 2008-2010

Outlook of the US Blood Glucose Monitor Market, 2008-2015

Worldwide Market Size of Regular Glucose Monitoring Market, 2005-

2010

Worldwide Market Size of Continuous Glucose Monitoring Market,

2005-2010

Current Status and Outlook for Global Diabetic Patients, 2010-2030

Global Prevalence Rate of Diabetes by Age Group, 2010

Prevalence Rate of Diabetes, 1998-2009

CGM Market Outlook, 2010-2016

Growth of Global Aging Population, 2005-2012E

Increasing Urban Population, 2005-2012E

Growth in Worldwide Obese Population, 2004-2012F

Diabetes Device Sales of Leading Companies, 2005-2010

Market Share of Top 4 Companies in SMBG Device Market, 2010

Market Share of Top 2 Companies in CGM Market, 2010

Average Price of Blood Glucose Test Strips, 2010

J&J’s Major Medical Devices and Diagnostics Franchise Sales, 2010

J&J’s Total and Medical Devices & Diagnostics segment Sales, 2008-

2010

Abott - Share of Sales by Segments, 2010

Total Sales of Abbott, 2007-2010

Roche - Share of Sales by Segments, 2011

Total Sales of Roche, 2008-2011

Bayer - Share of Sales by Segments, 2011

Total Sales of Bayer, 2008-2011

Global Diabetic Population, 2010A-2015E

Page 7: Global Glucose Monitoring Market Report

9. Company Profiles

9.1 Johnson & Johnson

Business Description

Key Financials

Business Strategies

Growth through Strategic Acquisitions

New Product Introductions

9.2 Abbott Lab

Business Description

Key Financials

Business Strategies

Strengthening Global Position

Leadership across Product Portfolio

Late-Stage Pharmaceutical Pipeline

9.3 Roche

Business Description

Key Financials

Business Strategies

Delivering Personalized Healthcare

Creating Sustainable Value

Fostering Innovation and Empowering People

9.4 Bayer AG

Business Description

Key Financials

Business Strategies

Diversification Strategy

Advancing Leadership Skills

10. Market Outlook

10.1 Market Forecast

10.2 Forecast Methodology

10.2.1 Dependent and Independent Variables

10.2.2 Correlation Analysis

10.2.3 Regression Analysis

List of Tables

Type I and Type II Diabetes Market in the US, 2008-2010

SMBG Market by Geographic Segment, 2008-2010

US Market for ICU Continuous Glucose Monitoring, 2010

US CGM Device Comparisons

Dependent & Independent Variables (2005– 2010)

Correlation Matrix

Model Summary – Coefficient of Determination

Regression Coefficients Output

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Page 8: Global Glucose Monitoring Market Report

Koncept Analytics

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Vaishali, Ghaziabad,

U.P. – 201010

T. +91-120-4130959

C: +91-9811715635

[email protected]

Contact Us:

www.konceptanalytics.com

Vikas Gupta

BD Manager

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