US Diabetes Diagnostics Market to Continue Posting Strong Growth

On back of rising consumer awareness and increasing prevalence of diabetes, the demand for diabetes diagnostic products in the US will grow at an impressive rate, estimates RNCOS.

NOIDA, India (prHWY.com) June 7, 2012 - The prevalence of diabetes is rising steadily in the United States due to unhealthy lifestyle. People are increasingly consuming sugar-rich fast foods which raise the incidence of obesity, an indirect cause of diabetes. According to a new research report by RNCOS, products focused on the diagnosis of diabetes are expected to witness a robust growth in the country in the coming years. In order to help people diagnose the disease timely, and prevent fatalities, companies have innovated self-diagnostic instruments which are gaining consumers' acceptance. With such developments, the market for diabetes diagnostics in the US is estimated to grow at a compound annual rate of 8% during 2010-2014.

The report, "US Diagnostic Market Outlook 2014", says that the US diagnostics market is presently in a very strong position. The country is a leading player in the global diagnostics industry, and on back of technical advancements and innovations, it is poised to maintain this spot. The increasing acceptance of self-diagnosis products and introduction of more innovative products for the diagnosis of various diseases are among the several factors fuelling the market growth.

The comprehensive study evaluates the US diagnostic market potentials, and identifies growth prospects. It analyzes the current market trends, and presents forecasts for the prominent diagnostic techniques, including point-of-care testing, clinical chemistry, immunoassays, blood testing, and molecular diagnostics. These projections will help clients take informed and proactive business decisions in the fast growing US diagnostics market. The research work also includes an in-depth analysis of the regulatory environment for the industry that indicates a favorable re-imbursement regime for various clinical diagnostic segments. Overall, the report aims to provide optimum information and balanced analysis on the market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM298.htm

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: us diagnostic market

Categories: Health

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