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.
This report aims to provide a comprehensive presentation of the global market for Blood Glucose Monitoring Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Blood Glucose Monitoring Devices. This report contains market size and forecasts of Blood Glucose Monitoring Devices in global, including the following market information:
Global Blood Glucose Monitoring Devices Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Blood Glucose Monitoring Devices Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Blood Glucose Monitoring Devices companies in 2022 (%)
The global Blood Glucose Monitoring Devices market was valued at US$ 9450.7 million in 2022 and is projected to reach US$ 13750 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Blood Glucose Monitoring Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blood Glucose Monitoring Devices Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Blood Glucose Monitoring Devices Market Segment Percentages, by Type, 2022 (%)
Self-Monitoring Devices
Continuous Glucose Monitoring Devices
Global Blood Glucose Monitoring Devices Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Blood Glucose Monitoring Devices Market Segment Percentages, by Application, 2022 (%)
Hospitals and Diagnostic Laboratories
POL
Home-Care Settings
Global Blood Glucose Monitoring Devices Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Blood Glucose Monitoring Devices Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Blood Glucose Monitoring Devices revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Blood Glucose Monitoring Devices revenues share in global market, 2022 (%)
Key companies Blood Glucose Monitoring Devices sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Blood Glucose Monitoring Devices sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Terumo Corporation
Acon Laboratories
Roche Diagnostics
Johnson?Johnson
ARKRAY
Novo Nordisk
Medtronic
Abbott Laboratories
Ypsomed
Sanofi
Outline of Major Chapters:
Chapter 1: Introduces the definition of Blood Glucose Monitoring Devices, market overview.
Chapter 2: Global Blood Glucose Monitoring Devices market size in revenue and volume.
Chapter 3: Detailed analysis of Blood Glucose Monitoring Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Blood Glucose Monitoring Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Blood Glucose Monitoring Devices capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
