Global BGM and CGM Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global BGM and CGM Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global BGM and CGM market size was valued at USD 14530 million in 2022 and is forecast to a readjusted size of USD 27870 million by 2029 with a CAGR of 9.8% during review period.

Blood glucose monitoring is the use of a glucose meter for testing the concentration of glucose in the blood. Particularly important in diabetes management, a blood glucose test is typically performed by piercing the skin (typically, on the finger) to draw blood, then applying the blood to a chemically active disposable 'test-strip'. The test is usually referred to as capillary blood glucose.

Continuous glucose monitoring automatically tracks blood glucose levels, also called blood sugar, throughout the day and night. You can see your glucose level anytime at a glance. You can also review how your glucose changes over a few hours or days to see trends. Seeing glucose levels in real time can help you make informed decisions throughout the day about how to balance your food, physical activity, and medicines.

BGM provides a glucose value for the specific point in time when a blood drop is read, whereas CGM gives you a more complete picture of where your glucose is going, and where your glucose has been

Global key players of BGM and CGM include Roche, Lifescan and Abbott, etc. The top two players hold a share over 50%. Americas is the largest market, has a share about 45%. In terms of product type, CGM is the largest segment, occupied for a share of about 55%, and in terms of application, Household has a share about 80 percent.

The Global Info Research report includes an overview of the development of the BGM and CGM industry chain, the market status of Household (BGM, CGM), Hospital (BGM, CGM), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of BGM and CGM.

Regionally, the report analyzes the BGM and CGM markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global BGM and CGM market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the BGM and CGM market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the BGM and CGM industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Units), revenue generated, and market share of different by Type (e.g., BGM, CGM).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the BGM and CGM market.

Regional Analysis: The report involves examining the BGM and CGM market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the BGM and CGM market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to BGM and CGM:

Company Analysis: Report covers individual BGM and CGM manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards BGM and CGM This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Household, Hospital).

Technology Analysis: Report covers specific technologies relevant to BGM and CGM. It assesses the current state, advancements, and potential future developments in BGM and CGM areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the BGM and CGM market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

BGM and CGM market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
BGM
CGM

Market segment by Application
Household
Hospital
Other

Major players covered
Abbott
Dexcom
Roche
Lifescan
Ascensia
Medtronic
ARKRAY
Sinocare
I-SENS
Terumo
B. Braun
Acon
Yicheng
Omron
SD Biosensor
77 Elektronika
Yuwell
Osang Healthcare
AgaMatrix
Senseonics Holdings

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe BGM and CGM product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of BGM and CGM, with price, sales, revenue and global market share of BGM and CGM from 2018 to 2023.

Chapter 3, the BGM and CGM competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the BGM and CGM breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and BGM and CGM market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of BGM and CGM.

Chapter 14 and 15, to describe BGM and CGM sales channel, distributors, customers, research findings and conclusion.