#PRECISION QID TEST STRIPS FULL#

A typical diabetes patient spends $3,500 annually in pharmaciesВ–three times the amount of the 'average' consumer. Non-script diabetes customers generate 31% of sales, and these customers consider waiting in the pharmacy line inconvenient.

#PRECISION QID TEST STRIPS FULL#

If space near the pharmacy canВ’t accommodate a full selection of merchandise, consider this alternative: Place only the highest-volume products out front, and keep less popular and specialty items behind the counter. Placing items on the selling floor gives customers better access to products and a better opportunity to respond to promotional offers and the economies of large-size packs. Although losses due to theft rose 2%, net profits climbed 9.5%. According to the RDC Productivity and Profitability Analysis, stores that made the move increased department sales and profits by 31.4%. Although insurance covers part of the cost, strips are expensive, and saving $5 can prompt patients to switch stores.ДPH&A continues to advise moving diabetic care merchandise out onto the selling floor. These consumers are, however, more price-driven than location-loyal. The following table shows the sales of the top 10 brands:Д¬onsumers tend to be brand-loyal when buying blood glucose testing supplies, using the meters and strips recommended by their doctors. As a result, sales of strips and meters jumped 37%.ДЄccording to IMS Health, sales of meters and strips in 2000 increased 19.5% compared with the corresponding period in 1999. For example, Abbott Laboratories, the maker of MediSense Precision Q-I-D, offered customers $55 in rebates ($20 cash with a $35 trade-in). Strip sales are so important that manufacturers often make new monitors available to consumers at little or no cost to secure subsequent strip purchases. (DPH&A), glucose testing strips hold the top five health and beauty care (HBC) positionsВ–more good news for drugstores whose share of strip sales grew 10.3% in the past year. Hamacher & Associates, a division of NONSTOP Solutions Inc. New and innovative products, increased compliance, and an aging population will fuel sales. ItВ’s great news for drugstoresВ–they attract frequent testers. ThatВ’s a 24% increase in strip use, translating into 2.5 billions strips. Lastly, consumers who do test themselves are testing more oftenВ–up from an average 4.7 tests per week in 1996 to 6.9 tests per week in 2000. Sales of meters and strips are projected to more than double within five years. Third, the number of consumers testing their blood sugar levels is rising. Roche Diagnostics predicts that three million more patients will be diagnosed by 2005. Second, the number of diagnosed patients is rising overall. A recent study in the Diabetes Care Journal reported that every kilogram (2.2 pounds) of extra weight raises the risk of diabetes 4.5%. First, obesity and inactive lifestyles have increased diabetes an alarming 76% among people in their thirties. insurance companies and consumers an estimated $92+ billion each year.ДЇour factors are spurring growth in the testing market. Diabetes and diabetes-related conditions costs U.S. Uncontrolled glucose levels can cause circulatory problems, blindness, sexual dysfunction, heart disease, and nerve damage. The undiagnosed face potentially serious consequences. Even more astonishing, itВ’s estimated that only 10 million of the 16 million people with diabetes have been diagnosedВ–and thatВ’s a staggering number of untreated people. According to the Centers for Disease Control & Prevention in Atlanta, of the more than 2,000 new cases diagnosed daily throughout the 1990s, 90%-95% were type 2. Two factors, an aging population and obesity among the young, are causing a rapid increase in type 2 diabetes. Diabetes diagnostics: Robust growth ahead

Precision qid test strips