Global Blood Glucose Monitoring Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Blood Glucose Monitoring Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Blood Glucose Monitoring Devices market size was valued at USD 9450.7 million in 2023 and is forecast to a readjusted size of USD 13750 million by 2030 with a CAGR of 5.5% during review period.

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.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

The Global Info Research report includes an overview of the development of the Blood Glucose Monitoring Devices industry chain, the market status of Hospitals and Diagnostic Laboratories (Self-Monitoring Devices, Continuous Glucose Monitoring Devices), POL (Self-Monitoring Devices, Continuous Glucose Monitoring Devices), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Blood Glucose Monitoring Devices.

Regionally, the report analyzes the Blood Glucose Monitoring Devices 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 Blood Glucose Monitoring Devices market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Blood Glucose Monitoring Devices 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 Blood Glucose Monitoring Devices 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 (K Units), revenue generated, and market share of different by Type (e.g., Self-Monitoring Devices, Continuous Glucose Monitoring Devices).

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 Blood Glucose Monitoring Devices market.

Regional Analysis: The report involves examining the Blood Glucose Monitoring Devices 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 Blood Glucose Monitoring Devices market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Blood Glucose Monitoring Devices:

Company Analysis: Report covers individual Blood Glucose Monitoring Devices 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 Blood Glucose Monitoring Devices This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospitals and Diagnostic Laboratories, POL).

Technology Analysis: Report covers specific technologies relevant to Blood Glucose Monitoring Devices. It assesses the current state, advancements, and potential future developments in Blood Glucose Monitoring Devices areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Blood Glucose Monitoring Devices 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

Blood Glucose Monitoring Devices market is split by Type and by Application. For the period 2019-2030, 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
Self-Monitoring Devices
Continuous Glucose Monitoring Devices

Market segment by Application
Hospitals and Diagnostic Laboratories
POL
Home-Care Settings

Major players covered
Terumo Corporation
Acon Laboratories
Roche Diagnostics
Johnson＆Johnson
ARKRAY
Novo Nordisk
Medtronic
Abbott Laboratories
Ypsomed
Sanofi

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 Blood Glucose Monitoring Devices product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Blood Glucose Monitoring Devices, with price, sales, revenue and global market share of Blood Glucose Monitoring Devices from 2019 to 2024.

Chapter 3, the Blood Glucose Monitoring Devices competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Blood Glucose Monitoring Devices breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

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 2023.and Blood Glucose Monitoring Devices market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

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 Blood Glucose Monitoring Devices.

Chapter 14 and 15, to describe Blood Glucose Monitoring Devices sales channel, distributors, customers, research findings and conclusion.