Pune, Maharashtra -- (SBWire) -- 02/14/2017 --Self-monitoring of blood glucose is a very lucrative business with enormous market opportunity. Self-monitoring of blood glucose (SMBG) is an important component of modern therapy for diabetes mellitus. SMBG has been recommended for people with diabetes and their health care professionals in order to achieve a specific level of glycemic control and to prevent hypoglycemia. SMBG works by having patients perform a number of glucose tests each day or each week. The primary growth factors for the SMBG market is the increasing global diabetic population; increasing awareness among the diabetes population, increasing spending on healthcare, active reimbursement policies and the technological advancement aimed at minimal and non-invasive testing methods.

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Self-monitoring of blood glucose can help both patients and their healthcare professionals better adjust to therapy and assess the responses to therapy. United States, Russia and United Kingdom are the top three leading countries in the Global SMBG market. China is at the fourth spot being closely followed by Italy with XX percent market share in the same year. Test Strips account for maximum share of the SMBG market. Blood glucose meter is the second leading product segment while lancet captures the least share of the SMBG market. The market for SMBG products has a lucrative future ahead because of the growing incidence of diabetes, increasing healthcare spending and growing awareness regarding diabetes and its implications. However, key challenges remain such as Blood Glucose Meter Accuracy and Low Compliance of Glucose Monitoring & Inadequate Reimbursement for SMBG Supplies.

"Global - Self Monitoring of Blood Glucose (SMBG) Users, Market & Company Analysis to 2020" is a 309 page report with 305 Figures and 16 Tables. This report analyses the Country Wise Diabetes Population, Country Wise SMBG users, Country Wise SMBG Market, Company Wise SMBG Revenue and the driving factors and challenges for the SMBG market.

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The SMBG Market covered in the report is analyzed from 4 viewpoints follows:
- Country Wise Diabetes Population and Forecast (2007 - 2020): Type 1 Diabetes Population & Type 2 Diabetes Population
- Country Wise SMBG Users and Forecast (2007 - 2020)
- Country Wise SMBG Market and Forecast (2007 - 2020): Blood Glucose Test Strips Market, Blood

Glucose Lancet Market & Blood Glucose Meter Market
Company Wise SMBG Revenue and Forecast (2007 - 2020)

Key Countries analyzed in the reports are as follows:
1. United States
2. Brazil
3. United Kingdom
4. Germany
5. Spain
6. Italy
7. Netherlands
8. Norway
9. Sweden
10. Switzerland
11. Russia
12. India
13. China
14. Thailand
15 Korea
16. Malaysia
17. Australia
18. Kuwait

The 4 Companies analyzed in the reports are as follows: Roche Diagnostic, Life Scan Inc., Bayer HealthCare & Abbott Laboratories

Key Topics Covered in (http://www.marketreportsonline.com/481218-toc.html) Global - Self Monitoring of Blood Glucose Market (SMBG) Report:

1. Executive Summary
2. Global Self-Monitoring of Blood Glucose (SMBG) Users and Forecast
3. Global Self-Monitoring of Blood Glucose (SMBG) Market and Forecast
4. Global Self-Monitoring of Blood Glucose (SMBG) Market Share and Forecast
5. United States SMBG Users, Market and Forecast to 2020
6. Brazil SMBG Users, Market and Forecast to 2020
7. United Kingdom SMBG Users, Market and Forecast to 2020
8. Germany SMBG Users, Market and Forecast to 2020
9. Spain SMBG Users, Market and Forecast to 2020
10. Italy SMBG Users, Market and Forecast to 2020
11. Netherlands SMBG Users, Market and Forecast to 2020
12. Norway SMBG Users, Market and Forecast to 2020
13. Sweden SMBG Users, Market and Forecast to 2020
14. Switzerland SMBG Users, Market and Forecast to 2020
15. Russia SMBG Users, Market and Forecast to 2020
16. India SMBG Users, Market and Forecast to 2020
17. China SMBG Users, Market and Forecast to 2020
18. Thailand SMBG Users, Market and Forecast to 2020
19. Korea SMBG Users, Market and Forecast to 2020
20. Malaysia SMBG Users, Market and Forecast to 2020
21. Australia SMBG Users, Market and Forecast to 2020
22. Kuwait SMBG Users, Market and Forecast to 2020
23. Key Players Analysis
24. Global SMBG Market - Driving Factors
25. SMBG Market Challenges

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