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Global Saliva Glucose Biosensor Market by Distribution Channel (Online, Offline) by End-user (Hospitals, Home Care, Clinics): Growth, Future Prospects, and Competitive Analysis, 2015 - 2027

Non-invasive glucose meters are existing for quite a long time now. Saliva Glucose Biosensoris one of the significant products marking its presence in the rapidly growing non-invasive glucose meter industry. As the name suggests, Saliva Glucose Biosensor uses saliva to measure sugar levels in patients instead of blood. Saliva Glucose Biosensor is the most innovative glucose meter employed for diabetes management. Saliva Glucose Biosensor offers an instant and real-time analysis of glucose levels in patients. Analysis glucose levels can be accessed via a mobile app installed on smartphones. The global Saliva Glucose Biosensor market is expected to generate a cumulative value of USD 1,013.67 million over the span between 2021 to 2027. The compound annual growth rate of the Saliva Glucose Biosensor market will be slight under 9.5% during the forecast period.   

Global Saliva Glucose Biosensor Market

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Interesting Facts of Saliva Glucose Biosensor

  • Saliva Glucose Biosensor is one of the first non-invasive glucose measurement devices.
  • A large chunk of global Saliva Glucose Biosensor revenue stems from North America.
  • China, India, Japan, and South Korea are rapidly growing demand for Saliva Glucose biosensors.
  • COVID 19 has had a considerable impact on production as well as demand for Saliva Glucose Biosensor during the second quarter of 2020. However, demand bounced back to pre-COVID 19 levels in a few months
  • Rapidly increasing geriatric population with a rising prevalence of diabetics around the world, the demand for Saliva Glucose biosensors is likely to be high in the years to come.

Rising Prevalence of Diabetes around the world

The world is witnessing more rapid growth in the diabetic population than ever before. The worldwide diabetic population reached an all-time high in 2019, with just under 10% of the entire population suffering from diabetes. The diabetic population counted to over 460 million in 2019 and is expected to reach over 575 million in 2030. The urban population is more prone to diabetes than the rural population. The incidence rate of diabetes is higher in urban areas measuring up to 10 to 11%. While the rural population is less prone to diabetes, with an incidence rate below 7%. Changing lifestyles, growing obesity, changing food habits, etc., are significant reasons for diabetes. With the increasing prevalence of diabetes, the demand for Saliva Glucose Biosensors is expected to increase.

The U.S. governs Saliva Glucose Biosensors Market.

The increasing diabetic population coupled with the presence of Saliva Glucose Biosensor manufacturers in the region is fuelling the demand in the U.S. Higher healthcare awareness, deep routed distribution channels, higher purchasing power parity, and better response from the patients to innovative products are also contributing towards the growth of Saliva Glucose Biosensor in the country. However, Germany, the U.K., and France also add to the growing demand for Saliva Glucose Biosensor. The Asia Pacific holds huge growth potential being home to a huge population and the world's highest number of diabetic patients. India and China are expected to offer excellent future growth opportunities for Saliva Glucose Biosensor manufacturers.

Build Your Business Case with the help of Credence Research 

Global Saliva Glucose Biosensor Market report published by Credence Research provides critical insights and assists in building the business case for the new entrants or investors. The report titled "Saliva Glucose Biosensor" market is carefully drafted, keeping in mind all prospective readers such as manufacturers, investors, and consultants. Credence Research's team of expert analysts extends end-to-end support to clients to assist them in making strategic decisions and achieving their goals.

Innovation is a Key to Success

Major players operating in the global Saliva Glucose Biosensor market are highly focused on Research & development to develop and commercialize innovative products. iQ Group Global, Abbott, DexCom, Ascensia Diabetes Care, Senseonics, Parexel, and GBS Inc. are some of the leading manufacturers of Saliva Glucose Biosensor. In January 2019, iQ Group Global came up with its innovative non-invasive glucose meter based on ground-breaking Saliva Glucose Biosensor technology. In addition, key players focus on facilitating patients to precisely analyze their glucose levels and easily understand them. 

Frequently asked questions about global Saliva Glucose Biosensor industry

Major players in global Saliva Glucose Biosensor market include iQ Global, DexCom, Abbott, Senseonics, Parexel, etc. All major players are focused on R&D for the development of innovative products and their commercialization in order to have competitive gain over rivals. Most of the players are mainly focused on achieving organic growth through new product launches, regional expansion and strengthening their distribution network.

Saliva Glucose Biosensor industry still in nascent stage in emerging economies with huge potential to grow in future. With highest population of diabetic people yet lack of heath awareness and limited spending power the region lacks behind Europe and North America at present. However, growing forward it offers tremendous growth opportunities for the companies.

Huge demand for Saliva Glucose Biosensors in North America and Europe mainly driving the demand for Saliva Glucose Biosensors.

COVID 19 had negative impact global Saliva Glucose Biosensor industry. However, the industry has rapidly overcome the negative consequences of COVID 19

Global Saliva Glucose Biosensor market is expected to exhibit CAGR of around 9.5% during the forecast period

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Trusted By
Godaddy
Published Date:  Aug 2021
Category:  Pharmaceuticals
Report ID:   60403
Report Format:   PDF
Pages:   120
Rating:    4.4 (63)
Delivery Time: 24 Hours to 48 Hours   
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