Global Blood Glucose Meters (BGM) Devices Market Growth 2025-2031
The global Blood Glucose Meters (BGM) Devices market size is predicted to grow from US$ 386 million in 2025 to US$ 470 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.
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.
LP Information, Inc. (LPI) ' newest research report, the “Blood Glucose Meters (BGM) Devices Industry Forecast” looks at past sales and reviews total world Blood Glucose Meters (BGM) Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Blood Glucose Meters (BGM) Devices sales for 2025 through 2031. With Blood Glucose Meters (BGM) Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Blood Glucose Meters (BGM) Devices industry.
This Insight Report provides a comprehensive analysis of the global Blood Glucose Meters (BGM) Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Blood Glucose Meters (BGM) Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Blood Glucose Meters (BGM) Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Blood Glucose Meters (BGM) Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Blood Glucose Meters (BGM) Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Blood Glucose Meters (BGM) Devices market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Digital
Portable
Others
Segmentation by Application:
Hospital
Household
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Roche
LifeScan
Abbott
Ascensia
ARKRAY
I-SENS
Omron
B. Braun
77 Elektronika
AgaMatrix
ALL Medicus
Terumo
Sinocare
Yicheng
Yuwell
Acon
Key Questions Addressed in this Report
What is the 10-year outlook for the global Blood Glucose Meters (BGM) Devices market?
What factors are driving Blood Glucose Meters (BGM) Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Blood Glucose Meters (BGM) Devices market opportunities vary by end market size?
How does Blood Glucose Meters (BGM) Devices break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.