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Impact Of The Rising Diabetic Population On The Blood Glucose Monitoring Systems Market: A Key Factor Shaping the Future of the Blood Glucose Monitoring Systems Market in 2025
Blood Glucose Monitoring Systems
The surge in the number of people with diabetes is projected to spark the expansion of the blood glucose monitoring systems market in the future. Unhealthy food habits, inactive lifestyles, elderly populations, and genetic predisposition contribute to a growing diabetic population. Blood glucose monitoring systems play a crucial role in tracking and managing blood sugar levels, assisting in disease management and averting potential complications. As per the Australian Bureau of Statistics, a government organization based in Australia, in 2022, 5.3% of Australians, equating to around 1.3 million individuals, were diagnosed with diabetes, with near equal rates in males (5.8%) and females (4.9%). The rate of diabetes has been consistently rising, with a significant surge in people aged 75 and above, at 18.7%. The most commonly diagnosed type is Type 2 diabetes, forming 87.6% of the cases. People born overseas, those residing in deprived areas, and the disabled are observed to have a higher likelihood of being diabetic. Consequently, the growing trend in the diabetic population will fuel the growth of the blood glucose monitoring systems market.
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How will the growth rate of the blood glucose monitoring systems market shape industry trends by 2034?
The market size of blood glucose monitoring systems has seen considerable growth in the past. The market which was valued at $16.48 billion in 2024, is expected to reach $17.8 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.0%. This robust growth observed in the past years can be credited to the worldwide increase in diabetes cases, enhanced awareness leading to greater use of these monitoring systems, beneficial policies toward diabetes management, better access to healthcare services, and the improved precision of glucose meters.
The market size for blood glucose monitoring systems is poised for substantial growth in the coming years, expected to reach a value of $23.99 billion by 2029, projecting a compound annual growth rate (CAGR) of 7.7%. This growth in the upcoming years is associated with variables such as the use of glucose data in customized treatment plans, the heightened prevalence of diabetes, a growing elderly population, higher uptake in emerging regions, improved network capabilities, and data management. Key trends expected to make a significant impact during this forecast period incorporate integration with wearables and smart devices, technological advancements in sensors, personalised medicine, telehealth services, remote patient monitoring, as well as enhanced network capabilities and data management.
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What trends are poised to drive the future success of the blood glucose monitoring systems market?
Leading corporations in the glucose monitoring systems market are concentrating on creating innovative glucose monitoring systems, including cutting-edge hybrid closed-loop systems and mobile applications for instant data access and handling. The advanced hybrid closed-loop systems are glucose monitors that automate insulin delivery based on real-time glucose levels, thus offering better blood sugar management for diabetes patients. For example, in February 2024, DexCom Inc., an American producer of continuous glucose monitoring systems, introduced Dexcom ONE+ in numerous European countries. Dexcom ONE+ integrates the company's superior sensor technology and is engineered to offer a user-friendly, highly efficient continuous glucose monitoring (CGM) experience for individuals with type 1 or type 2 diabetes who utilize insulin. The Dexcom One smartphone-compatible application, a water-resistant sensor, and a transmitter that delivers CGM readings are all components of the system. Dexcom ONE+ enables real-time blood glucose tracking by both the user and up to ten other people, facilitating shared monitoring.
Which primary segments of the blood glucose monitoring systems market are driving growth and industry transformations?
The blood glucose monitoring systems market covered in this report is segmented -
1) By Type: Non-Invasive, Invasive
2) By Device Type: Continuous Glucose Monitoring Systems, Self-Monitoring Blood Glucose Systems
3) By Testing Site: Fingertip Testing, Alternate Site Testing
4) By Distribution Channel: Institutional Sales, Retail Sales
5) By Application: Type 2 Diabetes, Type 1 Diabetes, Gestational Diabetes
Subsegments:
1) By Non-Invasive: Optical Sensors, Ultrasound-Based Sensors, Bioimpedance-Based Sensors, Electromagnetic Sensors, Tear Or Saliva-Based Sensors
2) By Invasive: Continuous Glucose Monitoring (CGM) Systems, Self-Monitoring Blood Glucose (SMBG) Systems, Implantable Glucose Monitoring Devices, Flash Glucose Monitoring Systems
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What regions are leading the charge in the blood glucose monitoring systems market?
North America was the largest region in the blood glucose monitoring systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blood glucose monitoring systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the blood glucose monitoring systems market landscape?
Major companies operating in the blood glucose monitoring systems market are F. Hoffmann-La Roche Ltd., Sanofi S.A., Medtronic plc, Novo Nordisk A/S, B. Braun Melsungen AG, Terumo India Private Limited, Dexcom Inc., SD Biosensor Co. Ltd., Arkray Inc., Abbott India Limited, Ypsomed Holding AG, LifeScan IP Holdings LLC, Ascensia Diabetes Care Holdings AG, TaiDoc Technology Corporation, Nemaura Medical Inc., Bionime GmbH, Acon Laboratories Inc., Nipro India Corporation Private Limited., Rossmax International Ltd, AgaMatrix Inc., A. Menarini Diagnostics S.r.l., Medisana GmbH, Intuity Medical Inc.
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What Is Covered In The Blood Glucose Monitoring Systems Global Market Report?
•Market Size Forecast: Examine the blood glucose monitoring systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the blood glucose monitoring systems market for a structured understanding.
•Key Players Overview: Analyze major players in the blood glucose monitoring systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the blood glucose monitoring systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the blood glucose monitoring systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the blood glucose monitoring systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the blood glucose monitoring systems market.
•Competitive Landscape: Review strategic developments in the blood glucose monitoring systems market, including expansions, agreements, and new product launches.
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The Global Blood Glucose Monitoring Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. One of the main aims of diabetes treatment is to keep blood glucose levels within a specified target range. The key is balancing your food with your activity, lifestyle and diabetes medicines. Blood glucose monitoring…
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Blood glucose monitoring is the process of testing the glucose level in the blood. It helps to identify the blood glucose level within the specified target range. Thus, it helps to understand the food intake, exercise, insulin, and blood glucose level. The blood glucose monitoring devices provide useful information to manage diabetes. It helps to track the progress of treatment goal as well…
