Blood Glucose Meters Market Analysis | Europe | 2016-2022 | MedCore
- Year: 2016
- Scope: 2012-2022
- Region: Europe
- Pages: 63
- Published Date: 9/1/2016
- Type: MedCore
The value of the blood glucose meter market increased in 2015 and modest growth is expected to continue over the forecast period, driven by increasing unit sales and limited by ASP erosion. Unit sales growth will be driven by the increasing patient population and as a result, increasing number of diabetics that are testing their blood glucose levels. However, unit sales growth will be moderated by the continuing trend of manufacturers giving away complimentary meters to patients, in order to promote test strip sales. ASP erosion will also be driven by the existence of complimentary meters and by the growth of low-price competitors in the blood glucose meter market.
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