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Frost & Sullivan: SMBG Suppliers Look to Tap the Huge Underpenetrated Diabetic Population in Asia-Pacific
Date:7/21/2013

Asia-Pacific to gain a competitive edge by launching diabetes data management software as a value-added service. Data from individuals' SMBG meters can be shared with consulting doctors over the Internet, who can then suggest changes in medication/diet accordingly. "Roche, for instance, experienced higher sales with the recent launches of products enabled with data management software," noted Dixit.

Differentiating from competition will become even more vital as SMBG gradually becomes a low-value, high-volume segment due to intense competition and the resultant price wars. It is important to maintain adequate shelf space (availability) in the retail segment, as patients may switch brands if the prescribed brand is unavailable.

"There are many non-invasive or painless meters in the later stages of clinical trials, and some are already commercially available," said Dixit. "The introduction of these products with novel features will go a long way in helping OEMs shed their commodity status and stand out in the market."

If you are interested in more information on this research, please send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

APAC Self Monitoring of Blood Glucose (SMBG) Market is part of the Advanced Medical Technologies Growth Partnership Service program. Frost & Sullivan's related research services include: U.S. Magnetic Resonance Imaging (MRI) Systems Market, European Interventional Radiology and Cardiology Market, Cardiac Rhythm Device Market in Mexico, and U.S. Breast Imaging Systems Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market pa
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