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North America Glucose Monitoring System Market Forecast 2019-2028

The North America glucose monitoring system CGMS market is evaluated to grow at a CAGR of 21.39%, and the SMBG market is anticipated to grow at a CAGR of 4.67% during the projected period, 2019-2028. Increasing investments in the healthcare sector are one of the significant factors propelling market growth in the region.

The North America glucose monitoring system market is segmented into the United States and Canada for market growth assessment. In Canada, 7.3% of the people, i.e., around 2.3 million, aged 12 and above, were diagnosed with diabetes in 2017. The aboriginal females have higher cases of gestational diabetes, and the aboriginals face diabetes-related complications more compared with non-aboriginals. It is estimated that 9.9% of the Canadian population will be living with diabetes in 2020. The e-commerce sites offering glucose monitoring programs are Wal-Mart, OneTouch, among others. The healthcare system is funded mainly through federal and provincial taxes, administered publicly, and delivered privately. HC is responsible for disease prevention, healthcare protection, and health promotion. The provinces and territories are largely responsible for the management of the healthcare system, which includes comprehensive coverage for medically insured health services.. Canada houses a competent pharmaceutical market in terms of revenue and development. Healthcare is funded majorly by the public sector, and is a government priority. Recently, foreign-owned multinational companies had more than 80% of total pharmaceutical sales transactions in Canada.

Tandem Diabetes Care, Inc, Abbott Diagnostic, Becton, Dickinson, and Company, Johnson & Johnson, etc. are some of the well-established companies operating in the region.

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North America Glucose Monitoring System Market Forecast 2019-2028
Published By :Inkwood Research
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