Latin America Glucose Monitoring Device Market by Device Type (Continuous Wearable Devices (Sensors, Transmitters and Activators) and Self-Monitoring Devices (Blood Glucose Meters, Blood Glucose Strips, Lancets, and Haemoglobin A1C testing Kits)) by Application (Hospitals, Clinics and Diagnostic Centers, Home Setting and Ambulatory Settings), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

Latin America Glucose Monitoring Device Market by Device Type (Continuous Wearable Devices (Sensors, Transmitters and Activators) and Self-Monitoring Devices (Blood Glucose Meters, Blood Glucose Strips, Lancets, and Haemoglobin A1C testing Kits)) by Application (Hospitals, Clinics and Diagnostic Centers, Home Setting and Ambulatory Settings), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

ID: 623 | Pages: 132 | October 2016 | Region: Latin America


The Latin America glucose monitoring device market is very fast growing market and expected to reach $337.69 million by 2021 from $241.22 million, at a CAGR of 6.96% from 2016-2021. In Latin America, the market is mainly driven with increasing R & D in the field of Diabetes along with increasing awareness about disease care. But still there is a class of people with low medical literacy rate due to which the market growth is constrained.

Blood glucose monitoring devices are used to monitor the blood glucose in patients suffering from diabetes or other glucose-related diseases like glucose intolerance. Medical devices are playing an increasingly important role in diabetes. Products such as blood glucose monitors and insulin pumps have now become the cornerstone for the management of blood glucose levels.

The Latin America Glucose Monitoring devices market has witnessed major growth in the past few years, and is largely driven by the increasing number of diabetic patients. The rising obese population and rapid industrialization and urbanization have also contributed to the growth of this market. However, high cost of diabetes care devices, disparity in reimbursement, availability of alternative treatments, and lack of awareness inhibit the growth of this market. 

This market can be broadly segmented into continuous wearable devices (Sensors, Transmitters and Activators) and self-monitoring devices (Blood Glucose Meters, Blood Glucose Strips, Lancets, and Haemoglobin A1C testing Kits). Based on Application they can be divided into hospitals, clinics and diagnostic centers, home setting and ambulatory settings. The continuous glucose monitoring results help patients regulate their food intake, exercise, and medications. The device contains sensors for checking glucose level from the interstitial fluid. The sensor has a time span where it can be used at one place and then needs to be replaced. This device monitors the glucose levels over time, allowing the patients to identify low and high sugar levels which are more dangerous. Whereas for the self-monitoring devices people have to test and it monitors the level at that particular time and not before that. Further, the Latin America Market for Glucose Monitoring Devices Market is segmented by region into Brazil, Argentina and Mexico.

The major competitors dominating the market for their products, services, and continuous product developments are Roche Diagnostics, LifeScan, Bayer Health care, Abbott Diabetes care Inc, AgaMatrix Inc, Arkray Inc, Medtronic, DexCom Inc, Nova Biomedical Corporation and Teruma Europe NV.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Device Type                         

                                5.1.1 Continuous Wearable Devices        

                                                5.1.1.1 Sensors

                                                5.1.1.2 Transmitters and Activators

                                5.1.2 Self-Monitoring Devices    

                                                5.1.2.1 Blood Glucose Meters

                                                5.1.2.2 Blood Glucose Strips

                                                5.1.2.3 Lancets

                                                5.1.2.4 Haemoglobin A1C testing Kits

                5.2 By Application                           

                                5.2.1 Hospitals  

                                5.2.2 Clinics and Diagnostic Centers         

                                5.2.3 Home Setting         

                                5.2.4 Ambulatory Settings           

6. Geographical Analysis                                              

                                6.1 Introduction               

                                6.2 Brazil             

                                6.3 Mexico         

                                6.4 Argentina    

                                6.5 Rest of Latin America             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Roche Diagnostics                    

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues             

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 LifeScan                       

                8.3 Bayer Health care                    

                8.4 Abbott Diabetes care Inc                      

                8.5 AgaMatrix Inc                            

                8.6 Arkray Inc                    

                8.7 Medtronic                   

                8.8 DexCom Inc                

                8.9 Nova Biomedical Corporation                             

                8.10 Teruma Europe NV                               

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Latin America Glucose Monitoring Devices Market By Region, From 2016-2021 (USD Billion)
  2. Latin America Glucose Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  3. Latin America Continuous Wearable Devices Market By Region, From 2016-2021 (USD Billion)
  4. Latin America Continuous Wearable Devices Market By Device Type, From 2016-2021 (USD Billion)
  5. Latin America Sensors Market By Region, From 2016-2021 (USD Billion)
  6. Latin America Transmitters and Activators Market By Region, From 2016-2021 (USD Billion)
  7. Latin America Self-Monitoring Devices Market By Region, From 2016-2021 (USD Billion)
  8. Latin America Self-Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  9. Latin America Blood Glucose Meters Market By Region, From 2016-2021 (USD Billion)
  10. Latin America Blood Glucose Strips Market By Region, From 2016-2021 (USD Billion)
  11. Latin America Lancets Market By Region, From 2016-2021 (USD Billion)
  12. Latin America Haemoglobin A1C testing Kits Market By Region, From 2016-2021 (USD Billion)
  13. Latin America Glucose Monitoring Devices Market By Application, From 2016-2021 (USD Billion)
  14. Latin America Hospitals Market By Region, From 2016-2021 (USD Billion)
  15. Latin America Clinics and Diagnostic Centers Market By Region, From 2016-2021 (USD Billion)
  16. Latin America Home Setting Market By Region, From 2016-2021 (USD Billion)
  17. Latin America Ambulatory Settings Market By Region, From 2016-2021 (USD Billion)
  18. Brazil Glucose Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  19. Brazil Continuous Wearable Devices Market By Device Type, From 2016-2021 (USD Billion)
  20. Brazil Self-Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  21. Brazil Glucose Monitoring Devices Market By Application, From 2016-2021 (USD Billion)
  22. Argentina Glucose Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  23. Argentina Continuous Wearable Devices Market By Device Type, From 2016-2021 (USD Billion)
  24. Argentina Self-Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  25. Argentina Glucose Monitoring Devices Market By Application, From 2016-2021 (USD Billion)
  26. Mexico Glucose Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  27. Mexico Continuous Wearable Devices Market By Device Type, From 2016-2021 (USD Billion)
  28. Mexico Self-Monitoring Devices Market By Device Type, From 2016-2021 (USD Billion)
  29. Mexico Glucose Monitoring Devices Market By Application, From 2016-2021 (USD Billion)
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