Market OverviewA glucose tolerance measures how well body’s cells is capable to absorb glucose, sugar, after patient consume given amount of sugar. Specialists and doctor use fasting blood sugar and haemoglobin A1C values to detect type I and type II diabetes, and the pre-diabetes whereas glucose tolerance exam can be used. Doctors primarily use glucose tolerance test to diagnose the gestational diabetes in patients.
The aspects that are expected to propel growth of global glucose tolerance test market include growing prevalence and occurrence of diabetes mellitus (DM), novelty in technology, investigation funding in diabetes treatment and diagnosis, and rising awareness and screening for the diabetes mellitus. Though, the stringent reimbursement and the insurance policies in various developing nations, coupled with high-cost of diagnosis and treatment of diabetes are expected to hamper the market development in coming future.
Segment OverviewRising incidence and prevalence of diabetes mellitus, research funding in the diabetes diagnosis and treatment, technological innovations, and the awareness and screening for diabetes mellitus are factors that propels the growth of market. For instance, As per WHO, in 2016, almost 1.6 million deaths were caused by diabetes globally. Also, according to diabetes prevalence figures proposed by Australian Bureau of Statistics, over than 5.1% of Australian population diagnosed with the diabetes in 2016.
Many government and private associations in the developed and developing countries are contributing towards the diabetes prevention and research programs. Numerous researchers have founded new devices to treat and diagnose diabetes that on their own have noteworthy market potential. The foremost aim of these organizations is to encourage and support research in field of diabetes with rapid diffusion of assimilated knowledge to facilitate application. The expenditure on the diabetes care research eventually leads to healthcare delivery.
Regional OverviewThe North America is likely to rule the market owing to the increasing prevalence of the diabetes mellitus, well-developed technology, and also high healthcare expenditure. As per the American Diabetes Association, closely 30 million Americans are currently dealing with diabetes and each 21 seconds one individual is diagnosed with the disease.
The European market has been the second largest market for the glucose tolerance Test. The Europe has been further divided into Germany, Italy, Spain, France, UK, and the rest of Europe. Europe holds second largest market share owing to the increasing administration support for research and development, strong healthcare infrastructure, and the presence of geriatric population.
Competitor overviewIn Jan 2016, company, Panasonic Healthcare Holdings, Co., Ltd declared completion of Panasonic Healthcare’s acquisition of the Bayer AG’s Diabetes Care business.
In Sep 2016, market leader, Abbott received approval from U.S. Food and Drug Administration for FreeStyle Libre Pro system.
Key Players
- Panasonic,
- Dexcom, Inc.,
- Abbott Laboratories,
- F. Hoffman-La Roche Ltd,
- LifeScan, Inc.,
- Sanofi, Medtronic PLC,
Market SegmentationBy Type
- Blood Glucose Testing Kit
- Others
By Indications
- Diabetes
- Insulin Resistance
- Gestational Diabetes
- Reactive Hypoglycaemia
By End User
- Diagnostic Clinics
- Home
- Hospitals
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model