Blood Glucose Monitoring Devices Market to Reach USD 31.31 Billion by 2034, Growing at an 8.1% CAGR

The latest research report by Polaris Market Research provides a thorough analysis of a rapidly growing market. It covers all the key market aspects, including Blood Glucose Monitoring Device Market share, size, drivers, trends, and major developments. Also, it offers market forecasts at the national, regional, and global levels. An in-depth analysis of market segments, along with an examination of the market performance across major regions and sub-regions, has been included in the study. The report provides insights into strategic developments to help stakeholders devise effective operating strategies.

The report includes a thorough value chain analysis to help readers gain crucial information on the outbound and inbound market logistics. Additionally, a thorough examination of key market participants addressing diverse consumer needs has been provided in the study. It further covers the emerging market trends and opportunities market participants can capitalize on. Pictorial representations, including charts, tables, and graphs, have been provided to help readers comprehend the key stats and other data easily.

Global Blood Glucose Monitoring Device Market size and share is currently valued at USD 14.40 billion in 2024 and is anticipated to generate an estimated revenue of USD 31.31 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034

Market Dynamics:

This section of the research report sheds light on the evolution of the market, covering how market participants are responding to technological shifts. The impact of the shifting market landscape and globalization has been provided in the study. Also, all the key factors driving Blood Glucose Monitoring Device market growth have been covered.

The report covers major market trends and opportunities market participants can capitalize on. Additionally, it presents crucial information on market restraints and challenges and how businesses can navigate them. Furthermore, an analysis of technological advancements and regulatory shifts and their impact on market demand has been included in the study.

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https://www.polarismarketresearch.com/industry-analysis/blood-glucose-monitoring-device-market

A few of the key players operating in the market are:

  • Abbott Laboratories
  • Acon Laboratories Inc.
  • ARKRAY Inc.
  • Bayer AG
  • Becton
  • Dexcom, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Johnson & Johnson
  • Medtronic Plc.
  • Novo Nordisk A/S
  • Sanofi
  • Terumo Corporation
  • Ypsomed

Recent Developments in the Blood Glucose Monitoring Device Market

  • February 2024: DexCom, Inc. launched Dexcom ONE+, its latest continuous glucose monitoring (CGM) system for diabetes management.
  • January 2024: Medtronic received CE mark approval for its MiniMed 780G system with the Simplera Sync sensor, a disposable CGM that eliminates the need for fingersticks or overtape.
  • August 2023: ACON Laboratories, Inc. introduced the On Call MultiPro System, a point-of-care glucose testing device designed for use in clinics, offices, and hospitals.
  • July 2023: Dexcom, Inc. launched the Dexcom G7 CGM System in Canada, expanding real-time diabetes monitoring access for users two years and older.
  • April 2022: Abbott introduced FreeStyle Libre 3, featuring a smaller sensor that offers continuous glucose monitoring and real-time data updates via a smartphone app.

Table of Contents

Global Blood Glucose Monitoring Device Market, by Product
5.1. Key Findings
5.2. Introduction
5.2.1. Global Blood Glucose Monitoring Device Market, by Product, 2020-2034 (USD Billion)
5.3. Self-Monitoring Devices
5.3.1. Global Blood Glucose Monitoring Device Market, by Self-Monitoring Devices, by Region, 2020-2034 (USD Billion)
5.3.2. Blood Glucose Meter
5.3.2.1. Global Blood Glucose Monitoring Device Market, by Blood Glucose Meter, by Region, 2020-2034 (USD Billion)
5.3.3. Testing Strips
5.3.3.1. Global Blood Glucose Monitoring Device Market, by Testing Strips, by Region, 2020-2034 (USD Billion)
5.3.4. Lancets
5.3.5. Global Blood Glucose Monitoring Device Market, by Lancets, by Region, 2020-2034 (USD Billion)
5.4. Continuous Blood Glucose Monitoring Devices
5.4.1. Global Blood Glucose Monitoring Device Market, by Continuous Blood Glucose Monitoring Devices, by Region, 2020-2034 (USD Billion)
5.4.2. Sensors
5.4.3. Global Blood Glucose Monitoring Device Market, by Sensors, by Region, 2020-2034 (USD Billion)
5.4.4. Transmitter & Receiver
5.4.5. Global Blood Glucose Monitoring Device Market, by Transmitter & Receiver, by Region, 2020-2034 (USD Billion)
5.4.6. Insulin Pumps
5.4.7. Global Blood Glucose Monitoring Device Market, by Insulin Pumps, by Region, 2020-2034 (USD Billion)

Global Blood Glucose Monitoring Device Market, by End Use
6.1. Key Findings
6.2. Introduction
6.2.1. Global Blood Glucose Monitoring Device Market, by End Use, 2020-2034 (USD Billion)
6.3. Hospitals & Clinics
6.3.1. Global Blood Glucose Monitoring Device Market, by Hospitals & Clinics, by Region, 2020-2034 (USD Billion)
6.4. Diagnostic Centers
6.4.1. Global Blood Glucose Monitoring Device Market, by Diagnostic Centers, by Region, 2020-2034 (USD Billion)
6.5. Home Care Settings
6.5.1. Global Blood Glucose Monitoring Device Market, by Home Care Settings, by Region, 2020-2034 (USD Billion)

Regional Outlook

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Research Methodology:

The research methodology involves the collection of crucial data and information by expert analysts. The collected data is then carefully filtered to offer an accurate and reliable Blood Glucose Monitoring Device market analysis. The primary research technique involves interviews with leading market participants to make it both practical and relevant. Besides, secondary research has been included to provide insights into the demand and supply connection. Publicly available data sources such as annual reports and white papers have also been used to provide an insightful market analysis.

Top Features of Blood Glucose Monitoring Device Market Report:

  • In-depth market analysis covering all the key market aspects
    • Historical, current, and projected market size in terms of value and volume
    • Detailed market segmentation covering all the major market segments
    • Thorough examination of major market developments
    • Assessment of the product offerings of market players and their operating strategies
    • Includes classification of potential new clients or partners in the target demographic

Key Questions Answered in Report:

  • What are the key market growth drivers?
    • What are the market projections considering production value and capacity?
    • What will be the impact of strategic developments on market growth?
    • Who are the Blood Glucose Monitoring Devicemarket key players?
    • What are the major market trends that can be used to maximize revenue?
    • Which research methodologies have been used while prepearing the research report?
    • Who could benefit from the research report?

Blood Glucose Monitoring Device market research report provides an in-depth analysis by covering all the major market aspects. All the stats and information presented in the study go through a multi-step verification method to ensure accuracy and reliability. The report is a must-read for policymakers, suppliers, stakeholders, and anyone involved or interested in the market.

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