South Africa Blood Glucose Monitor Market Overview, 2028
The South African blood glucose monitor market is undergoing a revolutionary metamorphosis, driven by a convergence of variables altering the diabetes management environment, with rising diabetes prevalence and a growing emphasis on preventive healthcare, South Africa is at the forefront of innovations in blood glucose monitoring devices. This dynamic market features a mix of cutting-edge gadgets, expanding healthcare infrastructure, and a growing recognition of the importance of regular monitoring in diabetes care. As the country navigates a shifting healthcare landscape, the blood glucose monitor market is positioned to revolutionise diabetes management and enhance health outcomes for its citizens. Diabetes South Africa, the South African Society for Endocrinology, Metabolism, and Diabetes, and Youth with Diabetes are some of the organisations in South Africa that help diabetics. The organisations are advocating for an increased budget dedicated to funding all aspects of diabetes care, as well as a system for better coordination with the Council of Medical Schemes, the organisation in charge of reimbursement, in order to limit out-of-pocket payments and prevent increased expenditure for patients. Modern diabetes management options include pharmacologic therapy such as oral medications and insulin, as well as non-pharmacologic therapies like lifestyle adjustments. Only through proper blood glucose monitoring and self-care are these medicines possible. Education and encouraging healthy decision-making are two of the most effective approaches to reducing the prevalence of diabetes in South Africa. South Africa is currently pursuing this objective. The South African government has implemented a sugar tax as a preventative measure. The government is combating obesity and assisting residents in making better-informed decisions by raising the price of sugary drinks and foods. The Diabetes Prevention Programme (DPP) was launched in South Africa. The DPP strives to incorporate intervention therapy for people who are at risk. Diabetes is a growing healthcare burden in the United States, and it is one of the primary causes of early death, illness, and economic growth loss. Technological advancement is gaining traction in the glucose monitoring industry, which is expected to continue the adoption of these products in the market.
According to the research report ""South Africa Blood Glucose Monitor Market Overview, 2028,"" published by Bonafide Research, the South Africa Blood Glucose Monitor market is anticipated to add more than USD 50 Million from 2023 to 2028. Diabetes is prevalent in South Africa, with around 4 million people suffering from the disease. This high incidence highlights the vital importance of effective blood glucose monitoring devices in the country's healthcare sector. The country is dealing with an increasing load of chronic diseases, particularly diabetes, which need strong healthcare solutions. Blood glucose monitoring devices are crucial in diabetes management, matching the increased demand for effective chronic disease management solutions. The market includes a wide variety of blood glucose monitoring devices made by both global and local producers. This variety provides consumers with a wide range of options that appeal to personal interests, technological requirements, and cost, fostering a competitive market landscape. The country maintains strong medical device quality requirements, ensuring that blood glucose monitoring devices satisfy international norms. This emphasis on regulation and compliance protects the safety and dependability of equipment on the market. The country maintains strong medical device quality requirements, ensuring that blood glucose monitoring devices satisfy international norms. This emphasis on regulation and compliance protects the safety and dependability of equipment on the market. Point-of-care blood glucose monitoring devices are important in South Africa's healthcare system, especially in rural or resource-limited areas. The availability of these devices allows for immediate testing and action, which improves healthcare results in underprivileged areas.
Based on product market is majorly segmented into self-monitoring devices and continuous blood glucose monitoring devices. Continuous blood glucose monitoring devices product type is expected to play significant role in development on South Africa blood pressure glucose monitor market during the anticipated time frame. CGM devices provide continuous real-time glucose monitoring, allowing for a thorough understanding of swings and patterns. This capability provides individuals and healthcare providers with actionable insights to help them manage diabetes more effectively. CGM devices can communicate with smartphones or other digital platforms, enabling real-time data tracking, analysis, and sharing. This connectivity improves patient engagement and allows for remote monitoring and consultations, which is especially useful in areas with limited healthcare access. With a high prevalence of diabetes in South Africa, there is an increasing demand for more efficient monitoring methods. CGM systems meet this demand by providing continuous monitoring capabilities, which are critical for controlling the chronic disease load. CGM devices provide more accurate and frequent glucose readings compared to traditional methods. The convenience of continuous monitoring without frequent finger pricks encourages their adoption, especially among individuals seeking a more user-friendly monitoring experience.
Based on end user segment market is majorly segmented into hospitals, home care, and diagnostic centers. Among them hospitals are the major end users of blood glucose monitor in South Africa and these segment is expected to lead the South Africa blood glucose monitor market in the upcoming time frame. Hospitals routinely conduct clinical research and trials for diabetes care. Blood glucose monitors are important tools in this research, which contributes to their widespread use and advancement in hospital settings. Hospitals serve as key hubs for comprehensive healthcare services such as the diagnosis, treatment, and monitoring of numerous medical disorders, such as diabetes. Blood glucose monitoring is essential in hospital-based patient care; hence, these devices are heavily used in these settings. Hospitals care for patients that require immediate attention, such as those with urgent illnesses or undergoing surgical procedures. Blood glucose monitoring is critical for regulating inpatients' glucose levels and ensuring the best possible care and treatment during their hospital stay. Hospitals in South Africa often possess advanced healthcare infrastructure and medical technology. They are equipped with a range of blood glucose monitoring devices, from standard glucometers to continuous monitoring systems, ensuring comprehensive diabetes management within the hospital premises.
Considered in this report:
• Geography: South Africa
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report:
• South Africa Blood Glucose Monitoring Devices market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Product
• Self-monitoring Devices
• Continuous Blood Glucose Monitoring Devices
By End User
• Hospitals
• Home Care
• Diagnostic Centers
By Indication
• Diabetes
• Pregnancy
• Cardiovascular Disorders & Hypertension
• Cancer
• Respiratory Diseases
• Movement Disorders
• Hearing Disorders
• Wound Care
• Other Indications (sleep disorders, kidney disorders, neurovascular diseases, and HIV)
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.
Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Blood Glucose Monitoring Devices industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.