Global Blood Glucose Monitoring Devices Market Research Report 2023(Status and Outlook)
Report Overview
The global BGM devices market is growing due to the increase in the number of people with diabetes, especially type 1 diabetes. To avoid high doses of medication and insulin intake, these people are moving toward monitoring blood glucose levels by learning about the technicalities and the usage of BGM devices.
Global rise in the prevalence and incidence of diabetes and increasing adoption of continuous glucose monitoring (CGM) systems are the key factors propelling the growth of this market. In addition, continuous technological advancements in blood glucose monitoring devices and rapid growth in aging population are further stimulating the demand for blood glucose monitoring devices. However, inadequate reimbursement and high cost associated with the application of CGM systems and product recalls are some of the key factors hampering the growth of this market.
The Global Blood Glucose Monitoring Devices Market Size was estimated at USD 9184.80 million in 2022 and is projected to reach USD 13629.17 million by 2029, exhibiting a CAGR of 5.80% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Blood Glucose Monitoring Devices market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Blood Glucose Monitoring Devices Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Blood Glucose Monitoring Devices market in any manner.
Global Blood Glucose Monitoring Devices Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Terumo Corporation
Acon Laboratories
Roche Diagnostics
Johnson＆Johnson
ARKRAY
Novo Nordisk
Medtronic
Abbott Laboratories
Ypsomed
Sanofi
Market Segmentation (by Type)
Self-Monitoring Devices
Continuous Glucose Monitoring Devices
Market Segmentation (by Application)
Hospital
Clinic
Household
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Blood Glucose Monitoring Devices Market
Overview of the regional outlook of the Blood Glucose Monitoring Devices Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Blood Glucose Monitoring Devices
- 1.2 Key Market Segments
- 1.2.1 Blood Glucose Monitoring Devices Segment by Type
- 1.2.2 Blood Glucose Monitoring Devices Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Blood Glucose Monitoring Devices Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Blood Glucose Monitoring Devices Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Blood Glucose Monitoring Devices Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Blood Glucose Monitoring Devices Market Competitive Landscape
- 3.1 Global Blood Glucose Monitoring Devices Sales by Manufacturers (2018-2023)
- 3.2 Global Blood Glucose Monitoring Devices Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Blood Glucose Monitoring Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Blood Glucose Monitoring Devices Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Blood Glucose Monitoring Devices Sales Sites, Area Served, Product Type
- 3.6 Blood Glucose Monitoring Devices Market Competitive Situation and Trends
- 3.6.1 Blood Glucose Monitoring Devices Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Blood Glucose Monitoring Devices Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Blood Glucose Monitoring Devices Industry Chain Analysis
- 4.1 Blood Glucose Monitoring Devices Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Blood Glucose Monitoring Devices Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Blood Glucose Monitoring Devices Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Blood Glucose Monitoring Devices Sales Market Share by Type (2018-2023)
- 6.3 Global Blood Glucose Monitoring Devices Market Size Market Share by Type (2018-2023)
- 6.4 Global Blood Glucose Monitoring Devices Price by Type (2018-2023)
- 7 Blood Glucose Monitoring Devices Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Blood Glucose Monitoring Devices Market Sales by Application (2018-2023)
- 7.3 Global Blood Glucose Monitoring Devices Market Size (M USD) by Application (2018-2023)
- 7.4 Global Blood Glucose Monitoring Devices Sales Growth Rate by Application (2018-2023)
- 8 Blood Glucose Monitoring Devices Market Segmentation by Region
- 8.1 Global Blood Glucose Monitoring Devices Sales by Region
- 8.1.1 Global Blood Glucose Monitoring Devices Sales by Region
- 8.1.2 Global Blood Glucose Monitoring Devices Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Blood Glucose Monitoring Devices Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Blood Glucose Monitoring Devices Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Blood Glucose Monitoring Devices Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Blood Glucose Monitoring Devices Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Blood Glucose Monitoring Devices Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Terumo Corporation
- 9.1.1 Terumo Corporation Blood Glucose Monitoring Devices Basic Information
- 9.1.2 Terumo Corporation Blood Glucose Monitoring Devices Product Overview
- 9.1.3 Terumo Corporation Blood Glucose Monitoring Devices Product Market Performance
- 9.1.4 Terumo Corporation Business Overview
- 9.1.5 Terumo Corporation Blood Glucose Monitoring Devices SWOT Analysis
- 9.1.6 Terumo Corporation Recent Developments
- 9.2 Acon Laboratories
- 9.2.1 Acon Laboratories Blood Glucose Monitoring Devices Basic Information
- 9.2.2 Acon Laboratories Blood Glucose Monitoring Devices Product Overview
- 9.2.3 Acon Laboratories Blood Glucose Monitoring Devices Product Market Performance
- 9.2.4 Acon Laboratories Business Overview
- 9.2.5 Acon Laboratories Blood Glucose Monitoring Devices SWOT Analysis
- 9.2.6 Acon Laboratories Recent Developments
- 9.3 Roche Diagnostics
- 9.3.1 Roche Diagnostics Blood Glucose Monitoring Devices Basic Information
- 9.3.2 Roche Diagnostics Blood Glucose Monitoring Devices Product Overview
- 9.3.3 Roche Diagnostics Blood Glucose Monitoring Devices Product Market Performance
- 9.3.4 Roche Diagnostics Business Overview
- 9.3.5 Roche Diagnostics Blood Glucose Monitoring Devices SWOT Analysis
- 9.3.6 Roche Diagnostics Recent Developments
- 9.4 Johnson＆Johnson
- 9.4.1 Johnson＆Johnson Blood Glucose Monitoring Devices Basic Information
- 9.4.2 Johnson＆Johnson Blood Glucose Monitoring Devices Product Overview
- 9.4.3 Johnson＆Johnson Blood Glucose Monitoring Devices Product Market Performance
- 9.4.4 Johnson＆Johnson Business Overview
- 9.4.5 Johnson＆Johnson Blood Glucose Monitoring Devices SWOT Analysis
- 9.4.6 Johnson＆Johnson Recent Developments
- 9.5 ARKRAY
- 9.5.1 ARKRAY Blood Glucose Monitoring Devices Basic Information
- 9.5.2 ARKRAY Blood Glucose Monitoring Devices Product Overview
- 9.5.3 ARKRAY Blood Glucose Monitoring Devices Product Market Performance
- 9.5.4 ARKRAY Business Overview
- 9.5.5 ARKRAY Blood Glucose Monitoring Devices SWOT Analysis
- 9.5.6 ARKRAY Recent Developments
- 9.6 Novo Nordisk
- 9.6.1 Novo Nordisk Blood Glucose Monitoring Devices Basic Information
- 9.6.2 Novo Nordisk Blood Glucose Monitoring Devices Product Overview
- 9.6.3 Novo Nordisk Blood Glucose Monitoring Devices Product Market Performance
- 9.6.4 Novo Nordisk Business Overview
- 9.6.5 Novo Nordisk Recent Developments
- 9.7 Medtronic
- 9.7.1 Medtronic Blood Glucose Monitoring Devices Basic Information
- 9.7.2 Medtronic Blood Glucose Monitoring Devices Product Overview
- 9.7.3 Medtronic Blood Glucose Monitoring Devices Product Market Performance
- 9.7.4 Medtronic Business Overview
- 9.7.5 Medtronic Recent Developments
- 9.8 Abbott Laboratories
- 9.8.1 Abbott Laboratories Blood Glucose Monitoring Devices Basic Information
- 9.8.2 Abbott Laboratories Blood Glucose Monitoring Devices Product Overview
- 9.8.3 Abbott Laboratories Blood Glucose Monitoring Devices Product Market Performance
- 9.8.4 Abbott Laboratories Business Overview
- 9.8.5 Abbott Laboratories Recent Developments
- 9.9 Ypsomed
- 9.9.1 Ypsomed Blood Glucose Monitoring Devices Basic Information
- 9.9.2 Ypsomed Blood Glucose Monitoring Devices Product Overview
- 9.9.3 Ypsomed Blood Glucose Monitoring Devices Product Market Performance
- 9.9.4 Ypsomed Business Overview
- 9.9.5 Ypsomed Recent Developments
- 9.10 Sanofi
- 9.10.1 Sanofi Blood Glucose Monitoring Devices Basic Information
- 9.10.2 Sanofi Blood Glucose Monitoring Devices Product Overview
- 9.10.3 Sanofi Blood Glucose Monitoring Devices Product Market Performance
- 9.10.4 Sanofi Business Overview
- 9.10.5 Sanofi Recent Developments
- 10 Blood Glucose Monitoring Devices Market Forecast by Region
- 10.1 Global Blood Glucose Monitoring Devices Market Size Forecast
- 10.2 Global Blood Glucose Monitoring Devices Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Blood Glucose Monitoring Devices Market Size Forecast by Country
- 10.2.3 Asia Pacific Blood Glucose Monitoring Devices Market Size Forecast by Region
- 10.2.4 South America Blood Glucose Monitoring Devices Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Blood Glucose Monitoring Devices by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Blood Glucose Monitoring Devices Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Blood Glucose Monitoring Devices by Type (2024-2029)
- 11.1.2 Global Blood Glucose Monitoring Devices Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Blood Glucose Monitoring Devices by Type (2024-2029)
- 11.2 Global Blood Glucose Monitoring Devices Market Forecast by Application (2024-2029)
- 11.2.1 Global Blood Glucose Monitoring Devices Sales (K Units) Forecast by Application
- 11.2.2 Global Blood Glucose Monitoring Devices Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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