Indonesia Glucometer Market to be Dominated by Self-Monitoring Glucometers through 2028
The increase in the preventive healthcare and
telehealth is expected to drive the growth of Indonesia glucometer market in
the forecast period, 2024-2028.
According to TechSci Research report, “Indonesia Glucometer Market - By Region, Competition
Forecast and Opportunities, 2018-2028”, Indonesia glucometer market is anticipated
to grow at an impressive rate in the forecast period, 2024-2028. This
can be ascribed due to an increase in disposable income. As disposable income
rises, individuals with diabetes may have more financial resources to allocate
towards their healthcare needs, including the purchase of glucometers. This
increased affordability can lead to higher adoption rates of glucometers among
individuals who previously may have been unable to afford them. With increased disposable income,
individuals are often more likely to invest in their health and well-being.
This includes managing chronic conditions like diabetes more effectively. As a
result, the demand for glucometers may increase as individuals prioritize
monitoring their blood glucose levels and taking proactive steps towards
managing their health. Higher
disposable income allows individuals to stay up to date with the latest
advancements in glucometer technology. Increased disposable income also
contribute to the overall growth of the glucometer market in Indonesia. It
expands the target consumer base and stimulates market demand, leading to
increased sales and revenue for glucometer manufacturers and suppliers.
Major trend which is there in
Indonesia glucometer
market is to focus on user
friendly design. Manufacturers are increasingly prioritizing the development of
glucometers that are intuitive, easy to use, and provide a positive user
experience. User-friendly design aims to ensure that glucometers can be easily
used by a wide range of individuals, including those with varying levels of
technological literacy, visual impairments, or limited dexterity. Glucometers
with clear instructions, simple interfaces, and large, easy-to-read displays
cater to the needs of diverse users. User-friendly glucometers simplify the
testing process, making it easier for individuals to perform blood glucose
monitoring. They often feature one-touch or minimal-step operation, reducing
the complexity and time required for testing. This is particularly beneficial
for individuals who may have limited dexterity or those who are new to diabetes
management.
Challenge which is being faced by Indonesia glucometer
market is competition from alternative monitoring technologies. While
traditional glucometers have been widely used for blood glucose monitoring,
several alternative technologies have emerged that offer non-invasive or
continuous glucose monitoring. Non-invasive monitoring offers a more convenient
and pain-free alternative to traditional glucometers, potentially reducing the
demand for glucometer devices. To address the competition from alternative
monitoring technologies, glucometer manufacturers may need to focus on
innovation, differentiation, and addressing specific user needs. This could
involve incorporating advanced features, improving accuracy, enhancing
connectivity with digital health platforms, and emphasizing the benefits of
traditional glucometers, such as cost-effectiveness and simplicity of use.
Browse
over XX Market Data Figures spread through XX
Pages and an in-depth TOC on "Indonesia Glucometer Market.”
The Indonesia glucometer
market can be segmented by product type, technique, type, distribution channel,
end user, and region. Based
on type, Indonesia glucometer market can be segmented into wearable and
non-wearable. A non-wearable glucometer, also known as a traditional or
standard glucometer, is a handheld device used to measure blood glucose levels.
Unlike wearable glucometers that are worn on the body, non-wearable glucometers
are typically compact and portable, allowing individuals to perform blood
glucose testing whenever and wherever needed. Non-wearable glucometers require
the use of disposable test strips and lancets. Test strips are inserted into
the meter to receive the blood sample, while lancets are used to prick the
finger and obtain a drop of blood. These consumables need to be replaced
regularly to ensure accurate readings.
Based
on distribution channel, Indonesia glucometer market can be segmented into
retail pharmacies, hospital pharmacies, and online sales. Online pharmacies in
Indonesia play a significant role in the distribution and availability of
glucometers. Online pharmacies in Indonesia often operate through e-commerce
platforms, where consumers can browse and purchase a wide range of healthcare
products, including glucometers. It offers a wide selection of glucometer
brands and models to cater to different user preferences and requirements.
Consumers can compare prices, features, and customer reviews to make informed
purchasing decisions. Additionally, online pharmacies may also offer
accessories and consumables for glucometers, such as test strips, lancets, and
control solutions.
Major companies operating in Indonesia glucometer
market are:
- PT
Standard Biosensor Indonesia
- PT
PHC Indonesia
- PT. B
Braun Medical Indonesia
- PT.
Johnson & Johnson Indonesia
- PT.
Bayer Indonesia
- PT.
Sinocare Healthcare Indonesia
- PT
GlucoDr Indonesia
In
2021: Senseonics announced that it has teamed up with PT Transmedic Indoneisa.
In 2022:
Indonesia Ministry of health launched an e-Katalog for medical devices which
includes glucometer devices too. Previously e-Katalog was managed by LKPP, but
it is now broken into national e-Katalog for devices required nationally and
sectoral e-Katalogs.
Download Free Sample Report
Customers can also request for 10% free
customization on this report.
“Indonesia glucometer
market is expected to dominate the market during the forecast period on account
due to growing emphasis of oneself. Self-monitoring empowers individuals with diabetes to
take an active role in managing their condition. It allows them to monitor
their glucose levels at their convenience and make timely adjustments to their
medication, diet, and lifestyle choices. By actively engaging in
self-monitoring, individuals can better understand their diabetes and gain a
sense of control over their health. Besides, increasing concern about healthy
lifestyles and increasing expenditure on health and wellness is further
expected to create lucrative opportunities for the market growth” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Indonesia
Glucometer Market By Product Type (Continuous Glucose Monitoring (CGM) Systems,
Self-Monitoring Blood Glucose (SMBG) Systems), By Technique (Invasive and
Non-Invasive), By Type (Wearable and Non Wearable), By Distribution Channel
(Retail Pharmacies, Hospital Pharmacies, and Online Sales), By End User
(Individuals with Diabetes, Hospitals, Clinics, and Diagnostic Centres), By
Region, Competition, Forecast & Opportunities, 2018”, has evaluated the future growth potential of Indonesia glucometer market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Indonesia glucometer market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: www.techsciresearch.com