Strategic Analysis of the European Diabetes Monitoring Market

SUMMARY

Research Overview

Diabetes Sees a Dramatic Explosion due to an Increasingly High Proportion of Overweight People

According to a new publication by the World Health Organization (WHO) and the International Diabetes Federation (IDF), there are around 3.2 million deaths attributed to diabetes each year. Updated estimates suggest that six deaths are attributable to diabetes or related conditions somewhere in the world every minute, a figure three times higher than previous calculations. In Western countries, around 90 per cent of type 2 diabetes is attributable to weight gain, and the increasingly high proportion of overweight people in the general population is the driving force behind the 'dramatic explosion' of the disease witnessed in recent years. Obesity has rocketed in the past couple of decades with European figures showing about a third of UK men are overweight, while 1 in 5 UK inhabitants are 'dangerously overweight', leading to around 30,000 deaths a year.

Home Blood Glucose Meters have Revolutionised Diabetes Care

Self-monitoring of blood glucose is the most important tool a patient has to determine their level of glycemic control. The home glucose monitor (meter) has revolutionised the diabetic industry by allowing patients to find patterns in their blood glucose levels and evaluate how well their food choices, exercise, and medicines are controlling their diabetes. With a meter, patients can measure blood glucose levels at any time, and within seconds, they can decide whether to eat some food, how much to eat, or how much insulin to take. The second and third-generation diabetes monitors continue to refine self-monitoring use, by becoming smaller, faster testing times, more convenient devices with improved memories, better accuracy and a host of add-on innovations developed in response to the varying needs of diabetes patients. This trend is likely to gain steam in the future, with consumers responding by driving dollar sales in double figures.

The Diabetes Monitoring Market Will Continue Expanding

The diabetes test kit market is dominated by products, which in 2004 accounted for over 80 percent of category sales across Europe. Although, glucose strips obviously continue to drive sheer volume numbers, their dollar sales growth are relatively stable, which would seem to indicate, that the level of consumer awareness has increased. Frost & Sullivan expects a continued focus on home care, with manufacturers looking at ways to make self-monitoring and insulin administration easier and less painful. Germany is the largest market in Europe closely followed by the United Kingdom. The European Diabetes Monitoring market reached $2.1 billion in 2004, the base year for this research service. The market exhibited an estimated growth rate of 14.8% in 2004, and this is expected to increase extensively over the next 5-7 years. Governments of European countries, such as Germany and the United Kingdom, have taken initiatives to promote education and awareness to create a demand of regular self-monitoring which is expected to have a positive effect on the growth rate. In this regard, the European Diabetes Monitoring market is estimated to be valued at $5.4 billion by 2011.

TABLE OF CONTENTS

• 1. Executive Summary
  • 1. Executive Summary
    • 1. Executive Summary
• 2. Glossary of Terms and Exchange Rates
  • 1. Glossary of Terms and Exchange Rates
    • 1. Glossary of Terms
    • 2. Exchange Rates
• 3. Industry Challenges
  • 1. Research Methodology
    • 1. Research Methodology
  • 2. Industry Challenges
    • 1. Industry Challenges
• 4. Market Engineering Research for the European Diabetes Monitoring Market
  • 1. Forecasts for the Total European Diabetes Monitoring Market
    • 1. Market Overview
    • 2. Market Segmentation
    • 3. Market Engineering Measurements
    • 4. Market Drivers
    • 5. Market Restraints
    • 6. Revenue Forecasts
    • 7. Market Opportunity Analysis
    • 8. Pricing Trends
    • 9. Technology Trends
    • 10. Geographical Trends
    • 11. End-User Trends
    • 12. Competitive Structure
• 5. Market Engineering Research for the German Diabetes Monitoring Market
  • 1. Forecasts for the German Diabetes Monitoring Market
    • 1. German Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 6. Market Engineering Research for the United Kingdom Diabetes Monitoring Market
  • 1. Forecasts for the United Kingdom Diabetes Monitoring Market
    • 1. United Kingdom Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 7. Market Engineering Research for the French Diabetes Monitoring Market
  • 1. Forecasts for the French Diabetes Monitoring Market
    • 1. French Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 8. Market Engineering Research for the Italian Diabetes Monitoring Market
  • 1. Forecasts for the Italian Diabetes Monitoring Market
    • 1. Italian Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 9. Market Engineering Research for the Spanish Diabetes Monitoring Market
  • 1. Forecasts for the Spanish Diabetes Monitoring Market
    • 1. Spanish Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 10. Market Engineering Research for the Scandinavian Diabetes Monitoring Market
  • 1. Forecasts for the Scandinavian Diabetes Monitoring Market
    • 1. Scandinavian Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 11. Market Engineering Research for the Benelux Diabetes Monitoring Market
  • 1. Forecasts for the Benelux Diabetes Monitoring Market
    • 1. Benelux Diabetes Monitoring Market
    • 2. Market Engineering Measurements
    • 3. Revenue Forecasts
    • 4. Market Opportunity Analysis
    • 5. Competitive Structure
• 12. Market Engineering Strategic Recommendations
  • 1. Market Engineering Strategic Recommendations
    • 1. Market Engineering Research Strategic Recommendations
• 13. Database of Key Industry Participants
  • 1. Database of Key Industry Participants
    • 1. Database of Key Industry Participants
• 14. Decision Support Databases
  • 1. Decision Support Databases
  • 1. Decision Support Databases