Glucose monitoring devices are gaining popularity as the urban population becomes more aware of the benefits of glucose monitoring. Bayer Healthcare AG, Medtronic, Dexcom, Sanofi, Abbott Laboratories, MediWise, Arkay, Inc., Cnoga Medical, and Bigfoot Biomedical are among the prominent participants in the worldwide diabetes monitoring devices market.
One of the key factors driving growth in the worldwide Diabetes Monitoring Devices Market is the rising prevalence of diabetes around the world. According to the World Health Organization (WHO), approximately 8.5 percent of persons aged 18 and above, or 422 million adults, were diagnosed with diabetes in 2014.
Diabetes Monitoring Devices allow Type 1 and Type 2 diabetics to monitor their blood glucose levels from any location, giving them a true sense of independence. They are an easy-to-use, battery-operated, small personal diabetes monitoring device that allows the wearer to remotely monitor his/her blood glucose levels via a Bluetooth interface. This type of device is ideal for people who may not have access to a computer or other source of information, such as those living in rural areas or those with long work hours.
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