(PharmaNewsWire.Com, January 06, 2017 ) Glucose biosensors are the devices used for measuring the concentration of glucose in blood of diabetic patient with the help of sensitive protein present in glucose biosensor. Glucose biosensors have major application in point of care testing, home care diagnostics and research laboratories. On the basis of the method of detecting glucose concentration in blood, glucose biosensors market is categorized into two segments which include: Amprometric glucose biosensors Fluorescence glucose biosensors Currently, most of the commercially available glucose biosensors are amprometric glucose biosensors. These biosensors operate by the means of glucose oxidase, which oxidizes glucose leading to production of hydrogen peroxide, which is detected by electrode and the concentration of glucose is analyzed. But with the innovations and advantages, fluorescent glucose biosensors are taking over the glucose biosensors market. Fluoroscence biosensors rely on fluorescence technique for measuring concentration of blood glucose resulting in more accurate results. The long working life of the probe in comparison to amprometric glucose biosensors is also helping fluorescence glucose biosensors market to grow.
Glucose biosensors market is growing at faster pace majorly due to high prevalence of diabetes coupled with increasing ageing population. According to the World Health Organization, in 2013 there were 347 million people suffering from diabetes and number is expected to increase to 552 million by 2030. Moreover, the glucose biosensors market is identified by cut-throat competition as these products had turned out into commodities leading to decline in prices, indulgence of competitive technologies and shorter market cycles. This extensive competition has resulted in development of user-friendly designs, point-of-care application and affordability prices of the device which is further helping the market to grow at rapid rate.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include North America Asia Pacific Europe Rest of the World This report provides comprehensive analysis of Market growth drivers Factors limiting market growth Current market trends Market structure Market projections for upcoming years This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report This report provides pin-point analysis for changing competitive dynamics It provides a forward looking perspective on different factors driving or restraining market growth It provides a six-year forecast assessed on the basis of how the market is predicted to grow It helps in understanding the key product segments and their future It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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