Glucose Monitoring Devices Market CAGR of 8.5% in the forecast period of 2023 to 2030., Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the global glucose monitoring devices market, which was USD 12.7 billion in 2022, would rise to USD 24.40 billion by 2030 and is expected to undergo a CAGR of 8.5% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Overview:
Glucose monitoring devices are used to detect the sugar level in the blood and are of numerous types, such as glucose meters, testing strips, and lancets. These devices provide the facility of self-testing by using a single glucose meter and different strips. These devices allow patients and clinicians to identify high or low blood glucose levels. It also allows for therapy modifications and protecting patients by promptly confirming acute hypoglycemia or hyperglycemia and offering patients greater self-care.

Some of the major players operating in the glucose monitoring devices market are:

DiaMonTech AG (Germany)
Abbott (U.S.)
GlySens Incorporated (U.S.)
Novo Nordisk A/S (Denmark)
Nemaura (U.S.)
PHC Holdings Corporation (Japan)
TaiDoc Technology Corporation (Taiwan)
AgaMatrix (U.S.)
Dexcom, Inc. (U.S.).

Glucose Monitoring Devices Market Regional Analysis/Insights
Global glucose monitoring devices market is analyzed and market size insights and trends are provided by product type, distribution channel and end user as referenced above.
The countries covered in the glucose monitoring devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to grow the glucose monitoring devices market during the forecast period due to the growing demand for minimally invasive surgeries and huge growth in the advanced healthcare infrastructure. Also, growing research activities on endoscopic cameras, mainly in Japan within this region, boost the market growth.

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