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Glucometer Market In 2019 With Competitors Like ACON, Abbott, Roche, Bayer, ARKRAY USA, LifeScan, I SENS, Johnson & Johnson, B. Braun Group, OMRON Group, We Are Nova

05-15-2019 01:21 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Glucometer Market

Glucometer Market

The Glucometer report gives market definition in the form of market driving factors and market restraints which aids in estimating the requirement of particular product where several aspects have to be considered. The report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as Glucometer Revenue, Cost, Gross and Gross Margin. Assessment of potential market for new product, knowhow of consumer’s reaction for particular product, figuring out general market tendencies, knowing the types of customers, identifying dimension of marketing problem and many other scopes are carefully evaluated through this Glucometer report.

This Glucometer market report consists of extensive study about diverse market segments and regions, emerging trends along with major drivers, challenges and opportunities in the market. The Glucometer report also provides CAGR value fluctuation during the forecast period of 2018-2025 for the market. All the market parameters can be explored to analyse market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. The wide-ranging market information of the Glucometer report will surely grow business and improve return on investment (ROI).

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Glucometer also known as blood glucose monitoring system/devices are diagnostic devices that are used for early and timely detection of the levels of glucose in the blood of a patient. These devices consist of a lancet, strips and meters for monitoring of the glucose levels, where the strips are dipped with blood and inserted into the monitoring meter which displays the blood glucose levels.

Market Drivers

· Rise in the levels of diabetic population worldwide globally is one of the major factors driving the market growth

· Benefits associated with the usage of the product such as quicker and accurate test results; this factor is expected to drive the market growth

Market Restraint

· High cost of the devices is expected to hinder the market growth

Key Developments in the Market:

· In May 2018, Health Arx Technologies Pvt. Ltd. through their brand “BeatO” announced the launch of a miniature glucometer that can be plugged in smartphones and the sugar levels are recorded in the app available for smartphones alongside the product. This product provides accurate and timely reminder regarding the sugar levels of patients.

· In February 2018, F. Hoffmann-La Roche Ltd announced the launch of a new glucometer “Accu-Check Instant S”, for the India region. The product is capable of offering accurate test results along with range of the sugar levels that the patient is suffering from informing the patient accordingly.

Key Market Competitors:

Few of the major competitors currently present in the global glucometer market Ascensia Diabetes Care Holdings AG; Abbott; Dexcom, Inc.; Health Arx Technologies Pvt. Ltd.; F. Hoffmann-La Roche Ltd; LifeScan, Inc.; Bayer AG; Truworth Health Technologies Pvt. Ltd.; Dr.Morepen; Medtronic; Johnson & Johnson Services, Inc.; ARKRAY, Inc.; Bionime Corporation; Rossmax International Ltd.; AgaMatrix; ACON Laboratories, Inc.; Trividia Health, Inc. and Medisana GmbH are few of the major competitors currently working in the glucometer market.


Global glucometer market is expected to rise from its initial estimated value of USD 11.65 billion in 2018 to a projected value of USD 28.19 billion by 2026, registering a CAGR of 11.67% in the forecast period of 2019-2026. This rise in market value can be attributed to growing concern regarding health of the individuals.


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Global glucometer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glucometer market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation: Global Glucometer Market

· By Device Type

o Self-Monitoring Blood Glucose

o Continuous Glucose Monitoring

· By End-User

o Hospitals

o Clinics

· By Components

o Meters

o Test Strips

o Lancets

o Sensors

o Receivers

• By Geography

• North America
o US.
o Canada
o Mexico

• South America
o Brazil
o Argentina
o Rest of South America

• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

• Middle East & Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East & Africa

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About Us

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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