The global blood glucose monitoring devices market by revenue is expected to grow at a CAGR of 12% during the period 2021–2026.
The diabetes monitoring industry is growing at a steady rate because of the increasing prevalence of diabetes and the rise in chronic diseases. Globally, the incidence of diabetes has been increasing at an alarming rate due to changing lifestyles, growing alcohol consumption, and an increasing number of smokers. In emerging markets and newly industrializing countries, the number of new diabetes cases is expected to grow in the coming years significantly. Therefore, monitoring of blood glucose levels has proven to be essential for the management of the disease. The increasing awareness of diabetes is likely to increase the blood glucose monitoring devices market demand.
The following factors are likely to contribute to the growth of the blood glucose monitoring devices market during the forecast period:
- Increase in Diabetic Population
- Increased Demand for Self-Monitoring Devices due to Covid-19 Pandemic
- Emergence of Non-invasive Blood Glucose Monitoring Devices
The study considers the present scenario of the blood glucose monitoring devices market and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Blood Glucose Monitoring Devices Market – Vendor Profiles
Prominent Vendors
- Abbott
- Hoffmann-La Roche
- DexCom
- Medtronic
- Ascensia Diabetes Care Holdings
- LifeScan
Other Prominent Vendors
- 77 Elektronika Kft
- A.Menarini Diagnostics
- ARKRAY
- ApexBio
- ACON
- AgaMatrix
- Alliance International
- Andon Health
- Braun Melsungen
- Bionime
- Beurer
- Bioptik
- Biotelemetry
- Biotest Medical
- BTNX
- Dariohealth
- Medisana
- Medtrum Technologies
- Omnis Health
- PHILOSYS
- Taidoc Technology
- EASYMAX
- ForaCare
- Hannox International
- Integrity Applications
- i-SENS
- MED TRUST
- Nova Biomedical
- Nemaura
- OK Biotech
- OSANG Healthcare
- Sanofi
- Terumo
- Trividia Health
- Rossmax International
- Ypsomed
Blood Glucose Monitoring Devices Market – Segmentation
By Product
- Conventional Blood glucose monitoring (BGM) Devices
- Blood Glucose Meters & Software
- Test Strips
- Lancing Devices & Lancets
- Continuous Glucose Monitoring (CGM) Devices
- Disposable Sensors
- Reusable Hardware
By USAGE
- Personal BGM Devices
- Professional BGM Devices
By End-user
- Hospitals
- Individuals
- Others
By Distribution Channel
- Offline Stores
- Online Stores
By Geography
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- APAC
- China
- Japan
- South Korea
- Australia
- India
- Latin America
- Brazil
- Mexico
- Argentina
- Columbia
- Middle East & Africa
- Saudi Arabia
- South Africa
- Turkey
- Iran
Blood Glucose Monitoring Devices Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope Of The Study
4.3.1 Market Segmentation By Product
4.3.2 Market Segmentation By Usage
4.3.3 Market Segmentation By Distribution Channels
4.3.4 Market Segmentation By End-Users
4.3.5 Market Segmentation By Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market At A Glance
7 Introduction
7.1 Overview
7.1.1 Importance Of Blood Glucose Testing
8 Market Opportunities & Trends
8.1 Increase In Diabetic Population
8.2 Covid-19 Pandemic Boosts Demand For Self-Monitoring Glucose Devices
8.3 Emergency Of Non-Invasive Blood Glucose Monitoring Devices
9 Market Growth Enablers
9.1 Technological Advances In Blood Glucose Monitoring
9.2 New Product Launches
9.3 Availability Of Mobile Applications & Data Integration Platforms
10 Market Restraints
10.1 Limitations Associated With BGM Devices
10.2 Large Pool Of Undiagnosed People
10.3 High Cost Of Blood Glucose Monitoring Devices
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat Of New Entrants
11.3.2 Bargaining Power Of Suppliers
11.3.3 Bargaining Power Of Buyers
11.3.4 Threat Of Substitutes
11.3.5 Competitive Rivalry
12 Product
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
13 Conventional Blood Glucose Monitoring
13.1 Market Overview
13.2 Market Size & Forecast
13.3 Conventional Blood Glucose Monitoring: Geography Segmentation
13.3.1 Market Snapshot & Growth Engine
13.3.2 Market by Geography
13.3.3 Market Snapshot & Growth Engine
13.4 Test Strips
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Test Strips: Geography Segmentation
13.4.4 Market by Geography
13.5 Lancets & Lancing Devices
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Lancets & Lancing Devices: Geography Segmentation
13.5.4 Market by Geography
13.6 Meters & Software
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Meters & Softwares: Geography Segmentation
13.6.4 Market by Geography
14 Continuous Blood Glucose Monitoring Devices
14.1 Market Overview
14.2 Market Size & Forecast
14.3 Market Snapshot & Growth Engine
14.4 Sensors
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Sensors: Geography Segmentation
14.4.4 Market by Geography
14.5 Reusable Hardwares
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Reusable Hardwares: Geography Segmentation
14.5.4 Market By Geography
15 Usage
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Personal BGM
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.3.3 Personal BGM: Geography Segmentation
15.3.4 Market By Geography
15.4 Professional BGM
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.4.3 Professional BGM: Geography Segmentation
15.4.4 Market By Geography
16 Distribution Channel
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Online Stores
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.3.3 Online Stores: Geography Segmentation
16.3.4 Market By Geography
16.4 Offline Stores
16.4.1 Market Overview
16.4.2 Market Size & Forecast
16.4.3 Offline Stores: Geography Segmentation
16.4.4 Market By Geography
17 End-User
17.1 Market Snapshot & Growth Engine
17.2 Market Overview
17.3 Individuals
17.3.1 Market Overview
17.3.2 Market Size & Forecast
17.3.3 Individuals: Geography Segmentation
17.3.4 Market By Geography
17.4 Hospitals & Clinics
17.4.1 Market Overview
17.4.2 Market Size & Forecast
17.4.3 Hospitals & Clinics: Geography Segmentation
17.4.4 Market By Geography
17.5 Others
17.5.1 Market Overview
17.5.2 Market Size & Forecast
17.5.3 Others: Geography Segmentation
17.5.4 Market By Geography
18 Geography
18.1 Market Snapshot & Growth Engine
18.2 Geographic Overview
19 North America
19.1 Market Overview
19.2 Market Size & Forecast
19.3 North America: Product Segmentation
19.3.1 Market Snapshot & Growth Engine
19.4 North America: Conventional Glucose Monitoring Segmentation
19.4.1 Market Snapshot & Growth Engine
19.5 North America: Continuous Glucose Monitoring Segmentation
19.5.1 Market Snapshot & Growth Engine
19.6 North America: Usage Segmentation
19.6.1 Market Snapshot & Growth Engine
19.7 North America: End-User Segmentation
19.7.1 Market Snapshot & Growth Engine
19.8 North America: Distribution Segmentation
19.8.1 Market Snapshot & Growth Engine
19.9 Key Countries
19.9.1 US: Market Size & Forecast
19.9.2 Canada: Market Size & Forecast
20 Europe
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Europe: Product Segmentation
20.3.1 Market Snapshot & Growth Engine
20.4 Europe: Conventional Glucose Monitoring Segmentation
20.4.1 Market Snapshot & Growth Engine
20.5 Europe: Continuous Glucose Monitoring Segmentation
20.5.1 Market Snapshot & Growth Engine
20.6 Europe: Usage Segmentation
20.6.1 Market Snapshot & Growth Engine
20.7 Europe: End-User Segmentation
20.7.1 Market Snapshot & Growth Engine
20.8 Europe: Distribution Segmentation
20.8.1 Market Snapshot & Growth Engine
20.9 Key Countries
20.9.1 Germany: Market Size & Forecast
20.9.2 France: Market Size & Forecast
20.9.3 UK: Market Size & Forecast
20.9.4 Italy: Market Size & Forecast
20.9.5 Spain: Market Size & Forecast
21 APAC
21.1 Market Overview
21.2 Market Size & Forecast
21.3 APAC: Product Segmentation
21.3.1 Market Snapshot & Growth Engine
21.4 APAC: Conventional Glucose Monitoring Segmentation
21.4.1 Market Snapshot & Growth Engine
21.5 APAC: Continuous Glucose Monitoring Segmentation
21.5.1 Market Snapshot & Growth Engine
21.6 APAC: Usage Segmentation
21.6.1 Market Snapshot & Growth Engine
21.7 APAC: End-User Segmentation
21.7.1 Market Snapshot & Growth Engine
21.8 APAC: Distribution Segmentation
21.8.1 Market Snapshot & Growth Engine
21.9 Key Countries
21.9.1 China: Market Size & Forecast
21.9.2 Japan: Market Size & Forecast
21.9.3 India: Market Size & Forecast
21.9.4 South Korea: Market Size & Forecast
21.9.5 Australia: Market Size & Forecast
22 Latin America
22.1 Market Overview
22.2 Market Size & Forecast
22.3 Latin America: Product Segmentation
22.3.1 Market Snapshot & Growth Engine
22.4 Latin America: Conventional Glucose Monitoring Segmentation
22.4.1 Market Snapshot & Growth Engine
22.5 Latin America: Continuous Glucose Monitoring Segmentation
22.5.1 Market Snapshot & Growth Engine
22.6 Latin America: Usage Segmentation
22.6.1 Market Snapshot & Growth Engine
22.7 Latin America: End-User Segmentation
22.7.1 Market Snapshot & Growth Engine
22.8 Latin America: Distribution Segmentation
22.8.1 Market Snapshot & Growth Engine
22.9 Key Countries
22.9.1 Brazil: Market Size & Forecast
22.9.2 Mexico: Market Size & Forecast
22.9.3 Colombia: Market Size & Forecast
22.9.4 Argentina: Market Size & Forecast
23 Middle East And Africa
23.1 Market Overview
23.2 Market Size & Forecast
23.3 Middle East And Africa: Product Segmentation
23.3.1 Market Snapshot & Growth Engine
23.4 Middle East And Africa: Conventional Glucose Monitoring Segmentation
23.4.1 Market Snapshot & Growth Engine
23.5 Middle East And Africa: Continuous Glucose Monitoring Segmentation
23.5.1 Market Snapshot & Growth Engine
23.6 Middle East And Africa: Usage Segmentation
23.6.1 Market Snapshot & Growth Engine
23.7 Middle East And Africa: End-User Segmentation
23.7.1 Market Snapshot & Growth Engine
23.8 Middle East And Africa: Distribution Segmentation
23.8.1 Market Snapshot & Growth Engine
23.9 Key Countries
23.9.1 Turkey: Market Size & Forecast
23.9.2 South Africa: Market Size & Forecast
23.9.3 Saudi Arabia: Market Size & Forecast
23.9.4 Iran: Market Size & Forecast
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