Blood Glucose Meters Industry Data Book Covers Point-of-care Glucose Testing Devices, Self-Monitoring & Continuous Blood Glucose Monitors Markets.
The global blood glucose meters industry size was estimated at USD 15.80 billion in 2022. The market is expected to expand at a CAGR of 7.3% CAGR (2023-2030).
Point-of-Care Glucose Testing Market Report Highlights
The global point-of-care glucose testing market size was valued at USD USD 3.27 billion in 2022, and it is expected to reach USD 4.5 billion by 2030, growing at a CAGR of 3.7% CAGR (2023-2030).
- Accu-Chek Inform II accounted for the largest revenue share in 2021 and is anticipated to maintain this trend throughout the forecast period
- Bayer Contour blood glucose monitoring system is set to grow at a CAGR of 6.1% from 2022 to 2030
- North America is the leading regional market due to the higher penetration of novel diagnostic techniques
- Asia Pacific is estimated to register the fastest CAGR owing to the ever-increasing prevalence of diabetes and numerous untapped growth opportunities in diagnostics
- Moreover, a robust network of local manufacturers has significantly contributed to the revenue generated in this region
Access the Global Blood Glucose Meters Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Continuous Glucose Monitoring Devices Market Report Highlights
The global continuous glucose monitoring devices market was estimated to be valued at USD 4.20 billion in 2022, and it is expected to reach USD 11.2 billion by 2030, registering a CAGR of 8.7% CAGR (2023-2030)
- By component, the sensors segment held a major share of the global market in 2022, owing to the integral nature of these devices
- By end-use, the home care segment dominated the market in 2022, owing to favorable reimbursement and higher adoption especially due to the outbreak of the COVID-19 pandemic, and the rise in virtual care
- The Bluetooth segment held the larger share of 56.3% in the connectivity segment, due to the need for the replacement of Bluetooth-enabled sensors and the cost associated with its manufacturing
- North America dominated the market in 2022, attributed to the wide usage of CGM devices as a result of a higher number of target patients in the region
- Europe followed North America closely in terms of market revenue due to a rise in the adoption of these devices in key countries
Order your copy of the Free Sample of “Blood Glucose Meters Industry Data Book - Point-of-care Glucose Testing Devices, Self-Monitoring & Continuous Blood Glucose Monitors Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Competitive Landscape
Key players operating in the blood glucose meters industry are –
- Abbott Laboratories
- Medtronic
- F. Hoffmann-La Roche Ltd
- Ascensia Diabetes Care
- Lifescan Inc
- Dexcom, Inc
- Sanofi
- Elly Lilly and Company
- B Braun Melsungen AG
- Nipro
- Nova Biomedical
- Trividia Health, Inc.
- Prodigy Diabetes Care, LLC
- EKF Diagnostics
Grand View Research’s blood glucose meters market industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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