- Published 2024
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Nordic Countries Blood Glucose Monitoring Devices Market Analysis: Self-monitoring Devices (Blood Glucose Meter, Testing Strips, Lancets), Continuous Blood Glucose Monitoring Devices (Sensors, Transmitter & Receiver), Countries: Sweden, Norway, Denmark, Finland and others
Nordic Countries Blood Glucose Monitoring Devices market size is estimates to be $XX million in 2022. The population of Finland is 5.5 million. In Finland, there are roughly 400 000 people with type 2 diabetes and about 50,000 people with type 1. Diabetes affects over 4,000 children under the age of 15. Estimates place the number of type 2 diabetes cases without a diagnosis at 50,000.
Type 2 diabetes holds a significant share in Nordic countries blood glucose monitoring devices market. For example, in Finland, there has been a rise in the number of young persons receiving a Type 2 diabetes diagnosis. Only 43 people under the age of 20 received a diagnosis in 2000, but by 2017, that number has risen to 98. Even while there aren’t many Type 2 diabetes cases, they are rising, especially among people under the age of 20. Since the 2000s, Type 2 diabetes cases have generally increased in Finland.
Globally, the prevalence of type 1 diabetes has risen on average by 3–5% per year. Finland has the highest prevalence of diabetes type 1. The average annual incidence of type 1 diabetes in children under the age of 15 between 2006 and 2011 was 62.5 per 100,000. In Finland, there are roughly 50,000 people with type 1 diabetes overall or 0.9% of the population. They make up roughly 15% of Finland’s frequently diagnosed diabetic cases. The blood glucose level is frequently high in type 1 diabetes. However, the injection of insulin, which is used to control blood sugar levels, may make a person more susceptible to hypoglycemia.
Aged 70 years or older residents of a northern Finnish community were examined for the presence of diabetes mellitus. 78.5 percent of the 483 eligible participants in the study participated. By asking individuals about any past diabetes diagnoses they may have had as well as by doing 2-hour oral glucose tolerance tests by current WHO guidelines, the existence of diabetes mellitus was determined. The 2-hour oral glucose tolerance tests were only administered to subjects who were not using insulin or taking any oral hypoglycemic medications. The prevalence of Type 2 diabetes in the general population was 22.0 percent in men and 28.2 percent in women; the difference between the sexes was not statistically significant. When comparing men between the ages of 70 and 79 to those above 80, the prevalence was higher in the former group.
Obesity, a sedentary lifestyle, and an unhealthy diet are the three most significant modifiable lifestyle-related risk factors for type 2 diabetes. Smoking, lack of sleep, and stress are examples of potentially modifiable risk factors.
Nordic Countries Blood Glucose Monitoring Devices Market by States
- Sweden
- Norway
- Denmark
- Finland
- others
Nordic Countries blood glucose monitoring devices market has been spilt into countries namely Sweden, Norway, Denmark, Finland and others.
Nordic Countries Blood Glucose Monitoring Devices Market Segments
Datavagyanik has covered each blood glucose monitoring devices in detail in terms of market size, sales volume, growth forecast. The segment and sub segment level categorization covered in the report are:
- Nordic Countries Blood Glucose Monitoring Devices
- Self-monitoring Devices
- Blood Glucose Meter Testing Strips, Lancets
- Continuous Blood Glucose Monitoring Devices
- Sensors, Transmitter & Receiver, Insulin Pumps
- Applications
- Type 1 diabetes, Type 2 diabetes
- End Users
- Hospitals, Home Care, Diagnostics Centers
- Self-monitoring Devices
Key questions answered in the Nordic Countries Blood Glucose Monitoring Devices Market Analysis Report:
- What is the overall blood glucose monitoring devices market size in Nordic Countries and how is the demand rising?
- What is the market size for continues blood glucose monitoring (Sensors, Transmitter & Receiver) in Nordic Countries?
- What is the market size for blood glucose self-monitoring (Blood Glucose Meter, Testing Strips, Lancets) in Nordic Countries?
- Who are the top market players by market share, in each product segment?
- Which is the fastest growing product segment?
- What should be the business strategies and Go to Market strategies?
Blood Glucose Monitoring Devices in Nordic Countries: Report Deliverables
- Summary Statistics
- Blood Glucose Monitoring Devices in Nordic Countries Market Attractiveness Analysis
- Self-monitoring (Blood Glucose Meter, Testing Strips, Lancets) Devices Sales Volume (Million, Units)
- Continuous monitoring devices (Sensors, Transmitter & Receiver)
- Blood Glucose Monitoring Devices in Nordic Countries Market Analysis, by Segment (state level analysis)
- Overview
- Historical Market size ($Million), (2017 – 2021)
- Market size ($Million), and Forecasts (2022 – 2027)
- Market Analysis by Segment (state level analysis)
- End Users (Hospitals, Home Care, Diagnostics Centers)
- Application (Type 1 diabetes, Type 2 diabetes)
- Region wise analysis
- Sweden revenue & sales volume (Self-monitoring (Blood Glucose Meter, Testing Strips, Lancets), (Continuous monitoring devices (Sensors, Transmitter & Receiver))
- Norway revenue & sales volume (Self-monitoring (Blood Glucose Meter, Testing Strips, Lancets), (Continuous monitoring devices (Sensors, Transmitter & Receiver))
- Denmark revenue & sales volume (Self-monitoring (Blood Glucose Meter, Testing Strips, Lancets), (Continuous monitoring devices (Sensors, Transmitter & Receiver))
- Finland revenue & sales volume (Self-monitoring (Blood Glucose Meter, Testing Strips, Lancets), (Continuous monitoring devices (Sensors, Transmitter & Receiver))
- Others revenue & sales volume (Self-monitoring (Blood Glucose Meter, Testing Strips, Lancets), (Continuous monitoring devices (Sensors, Transmitter & Receiver))
- Pricing analysis
- Price for each self-monitoring product in Nordic Countries
- Price for each continuous blood glucose monitoring product in Nordic Countries
- Market forecast for 10 years
- Investment strategies
“Every Organization is different and so are their requirements”- Datavagyanik