The Global Blood Glucose Monitoring System (BGMS) Market Size was estimated at USD 395.00 million in 2021 and is projected to reach USD 555.80 million by 2028, exhibiting a CAGR of 5.00% during the forecast 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’. Different manufacturers use different technology, but most systems measure an electrical characteristic, and use this to determine the glucose level in the blood. The test is usually referred to as capillary blood glucose.
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Major Players Driving the Growth of the Blood Glucose Monitoring System Market:
- Roche
- LifeScan
- Abbott
- Ascensia
- ARKRAY
- I-SENS
- Omron
- Braun
- 77 Elektronika
- AgaMatrix
- ALL Medicus
- Terumo
- Sinocare
- Yicheng
- Yuwell
- Acon
SEGMENTATION
The report focuses on studying the Blood Glucose Monitoring Systems market on the basis of segments by manufacturers, by type, by application, by region and country. It also offers information about market size (value, volume, sales and revenue) and CAGR for the historical period (2017-2020) and forecast period (2022-2028), considering 2021 as the base year.
Market Segmentation (by Type)
- Blood Glucose Test Strips
- Blood Glucose Meter
Market Segmentation (by Application)
- Hospital
- Household
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By Region
- North America
- Europe
- Asia Pacific
- The Middle East & Africa
- South America
Why Purchase the Report?
- The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
- Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
- Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
- The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
- Understand the current market scenario and viability of the global market over the forecast period.
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Some of the key questions answered in this report:
- What can we estimate about the anticipated growth rates and also the global Blood Glucose Monitoring Systems Market industry size by 2028?
- What will happen in the coming existing and emerging markets?
- What will the market development pace of market?
- Which are the five top players in the Blood Glucose Monitoring Systems market?
- How will the Blood Glucose Monitoring Systems Market change in the upcoming years?
TABLE OF CONTENTS-
- Research Methodology and Statistical Scope
- Blood Glucose Monitoring System Market Overview
- Blood Glucose Monitoring System Market Competitive Landscape
- Blood Glucose Monitoring System Industry Chain Analysis
- The Development and Dynamics of Blood Glucose Monitoring System Market
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