(Health-NewsWire.Net, August 07, 2017 ) Diabetes is a group of metabolic disorders, chronic condition which is associated with abnormally high level of sugar (glucose) in the blood. North America currently witnesses 44.3 million people affected with Diabetes which is going to reach 60.5 million by 2040.
In North America, due to the increasing incidence of chronic diseases and over adoption of sedentary lifestyle, people are severely prone to become obese and get affected with Diabetes. With the increase in number of patients, there is a growing demand for diabetes care devices, which is driving the market.
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Also, due to the increasing R & D in Diabetes Care Devices technologies, the market is progressing. Reimbursement and patent expiry are the two issues that are constraining the market. Maximizing patent term for successful products is an effective strategy for staying away from competition and extending product sales in North America.
North America Diabetes Care Devices Market: Segmentation
by Type
Glucose Monitoring Devices
o Self Blood Glucose Monitoring Devices
Glucose Meters
Test strips
Lancets
Hemoglobin A1c testing Kits
o Continous Glucose Monitoring Devices
Insulin Delivery Systems
o Insulin Syringes
o Insulin Pens
o Insulin Pumps
o Jet Injectors
Control Solutions
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Geographically, North America is segmented into USA and Canadian markets. North America tops the global market with USA contributing maximum to the North American market share. Many top companies are based in North America, due to which it contributes to the majority of market share. National Diabetes Prevention program by U.S Department of Health & Human Services, is a public-private partnership of community organizations, private insurers, employers, government agencies and health care organizations. They work for establishing local evidence-based lifestyle change programs for people at higher risk for type 2 diabetes. In this way, the private companies partnering with public sector will create a great scope in the expansion of market in North America.
Roche Diagnostics, Johnson & Johnson, Abbott Laboratories, Novo Nordisk, Ascensia, Tandem and Terumo are the top companies in North American Diabetes Care Devices Market.
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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
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Study the micro environment factors that determine the overall profitability of an Industry, using Porters 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
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