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Huge Blood glucose meter market ,China local enterprises and TNC who will win in future?
Source: | Author:woodwell | Published time: 2016-09-26 | 2012 Views | Share:
In recent years, diabetes has gradually become one of the world's four major non communicable diseases. As the basic equipment to monitor blood sugar, blood glucose meter can effectively help people with diabetes in the daily life of blood glucose management.
  
In recent years, diabetes has gradually become one of the world's four major non communicable diseases. As the basic equipment to monitor blood sugar, blood glucose meter can effectively help people with diabetes in the daily life of blood glucose management, since the listing date, has been a rigid demand for patients with diabetes. In the face of China's domestic blood glucose meter market, local enterprises and multinational companies which will eventually come to the fore, laughing to the end?

Global blood glucose meter market conditions?
In recent years, the global blood glucose meter market capacity of up to $about 20000000000, and the glucose meter market increased rapidly, such as the United States glucose meter market is about 8% per year, the rate of growth. At the same time, with the improvement of blood glucose meter technology and precision, in addition to hospitals and clinics, diabetes center and other professional units, personal family will come as a preliminary and routine blood glucose testing by blood glucose meter, as the need for further diagnostic reference. In order to compare the test, some patients even buy a more than a different brand and price of blood glucose meter, so the world's demand for blood glucose meter tend to be more than the number of patients.
Faced with such a promising market, the world's large multinational pharmaceutical companies will naturally not miss. At present, the global glucose meter production company Roche, Johnson, Abbott, Bayer, OMRON, Sannuo, Yicheng, Yuwell etc.. Blood glucose meter enterprises in China is developing rapidly!
2015 blood glucose monitoring system of the market size of 6 billion 110 million yuan, is expected in 2020 will reach 10 billion 270 million yuan, is expected to achieve doubling the growth of 5 years.
Chinese blood glucose meter enterprises to catch up with foreign large multinational companies?
First of all, from a technical point of view, China's medical equipment and technology as a whole still can not catch up with foreign large multinational companies, it is difficult to achieve a great breakthrough in the short term. However, blood glucose meter industry today, although the foreign brands than domestic brands in the "blood volume" "test time" and "multiple sampling technique" and "precision" and "anti interference ability" and "dynamic data management" and other aspects of the technology advantage still exists, but after all, blood glucose meter technical barriers have been significantly reduced. Domestic brands are not fundamentally different from the technology of foreign brands, when overtaking should be only a matter of time.
This shows that the Chinese blood glucose meter business to the blood glucose meter market, there is still a lot of possibilities!


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