Blood Glucose Monitoring Market, By Type (Self-monitoring blood glucose devices, Continuous glucose monitoring devices, and Flash glucose monitoring devices), By Component (Glucometer devices, Test strips, Lancets, Sensors, and Others), By End User (Hospi
Blood Glucose Monitoring Market, By Type (Self-monitoring blood glucose devices, Continuous glucose monitoring devices, and Flash glucose monitoring devices), By Component (Glucometer devices, Test strips, Lancets, Sensors, and Others), By End User (Hospitals, Homecare Settings, Ambulatory Care Settings, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Blood glucose monitoring is crucial for managing diabetes as it helps patients monitor their blood sugar levels and take corrective measures on a regular basis. Easy availability and affordability of self-monitoring devices along with growing awareness about diabetes care have been driving the greater adoption of blood glucose monitoring solutions globally. In addition, technological advancements leading to the development of innovative monitoring devices with enhanced features for accuracy, convenience, and connectivity are expected to further propel the market growth in the coming years.
Market Dynamics:
The global blood glucose monitoring market has been witnessing steady growth attributed to rising diabetic population worldwide coupled with growing focus on diabetes management. Various factors, such as increasing prevalence of obesity and sedentary lifestyles, are contributing to the diabetes burden globally, which, in turn, is driving the adoption of blood glucose monitoring devices. Additionally, the development of user-friendly and affordable monitoring solutions along with favorable reimbursement policies in developed regions are encouraging the greater uptake of self-monitoring devices. However, high costs associated with advanced blood glucose monitors remains a key challenge, especially in developing countries. Moreover, vulnerabilities to cyber threats and data breaches could hamper the transition towards connected monitoring devices. Nonetheless, ongoing technological upgrades including the development of minimally invasive continuous glucose monitoring systems presents bright prospects for market players.
Key Features of the Study:
This report provides an in-depth analysis of the global blood glucose monitoring market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global blood glucose monitoring market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study Medtronic, ACON Laboratories, Inc., Senseonics, Inc., Medisana AG, Bionime Corporation, AgaMatrix Inc., ARKRAY, Inc., Rossmax International Ltd., Dexcom, Inc., Nipro Group, B. Braun SE, Nova Biomedical, LifeScan IP Holdings, LLC, Ascensia Diabetes Care Holdings AG, Nemaura, Terumo Corporation, and Hoffmann-La Roche Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global blood glucose monitoring market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global blood glucose monitoring market.
Detailed Segmentation-
By Type:
Self-monitoring blood glucose devices
Continuous glucose monitoring devices
Flash glucose monitoring devices
By Component:
Glucometer devices
Test strips
Lancets
Sensors
Others
By End User:
Hospitals
Homecare Settings
Ambulatory Care Settings
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
Medtronic
ACON Laboratories, Inc.
Senseonics, Inc.
Medisana AG
Bionime Corporation
AgaMatrix Inc.
ARKRAY, Inc.
Rossmax International Ltd.
Dexcom, Inc.
Nipro Group
Braun SE
Nova Biomedical
LifeScan IP Holdings, LLC
Ascensia Diabetes Care Holdings AG
Nemaura
Terumo Corporation
Hoffmann-La Roche Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product
Market Snapshot, By Technology
Market Snapshot, By Application
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Market Trends
Recent Developments
Acquisitions and Partnerships Scenario
Product Launches/Approvals
Funding and Investments
Reimbursement Scenario
PEST Analysis
Porter’s Analysis
4. Global Life Science Tools Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 impact on the market
5. Global Life Science Tools Market, By Product, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Consumables
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Instruments
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
6. Global Life Science Tools Market, By Technology, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Genomics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Proteomics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Cell Biology
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Stem Cell Research
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Immunology
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
7. Global Life Science Tools Market, By Application, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Drug Discovery and Development
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Clinical Diagnostics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Genomic and Proteomic Research
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Cell Biology Research
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
8. Global Life Science Tools Market, By End User, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Academic and Research Institutions
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Biotechnology and Pharmaceutical Companies
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Hospitals and Diagnostic Laboratories
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Contract Research Organizations (CROs)
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Government and Regulatory Agencies
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
9. Global Life Science Tools Market, By Region, 2019 – 2031, (USD Bn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019–2031
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Bn)
North Africa
Central Africa
South Africa
10. Competitive Landscape
Company Profiles
Agilent Technologies, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
BD
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
F. Hoffmann-La Roche Ltd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Bruker
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Danaher
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
GE Healthcare
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Hitachi, Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Illumina, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Merck KGaA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Oxford Instruments
QIAGEN
Shimadzu Corporation
Thermo Fisher Scientific Inc.
ZEISS Group
Bio-Rad Laboratories
Hamilton Company
11. Analyst View
Wheel of Fortune
Analyst View
Coherent Opportunity Map
12. References and Research Methodology
References
Research Methodology
About us and Sales Contact
*Browse 42 market data tables and 38 figures on “Life Science Tools Market” - Global forecast to 2031