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Global Blood Glucose Monitoring Systems Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Blood Glucose Monitoring Systems
What Is the Blood Glucose Monitoring Systems Market Size and Projected Growth Rate?
The blood glucose monitoring systems market size has expanded steadily in recent years. It will grow from $16.48 billion in 2024 to $17.8 billion in 2025, at a CAGR of 8.0%. The growth is driven by the increasing prevalence of diabetes, greater awareness leading to higher adoption of monitoring systems, supportive diabetes management policies, improved healthcare access, and more accurate glucose meters.
The blood glucose monitoring systems market is expected to grow to $23.99 billion by 2029, with a CAGR of 7.7%. The growth is driven by the rising prevalence of diabetes, the geriatric population, and enhanced connectivity. Key trends include integration with wearable devices, advancements in sensors, personalized medicine, telehealth, and remote monitoring.
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What Are the Major Segments in the Blood Glucose Monitoring Systems Market?
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 Are The Driving Blood Glucose Monitoring Systems Market Evolution?
The increasing prevalence of diabetes is expected to drive the blood glucose monitoring systems market. Factors like sedentary lifestyles, poor diets, aging populations, and genetic factors are contributing to the rise in diabetes. Blood glucose monitoring systems are essential for managing blood sugar levels and preventing complications. In December 2023, the Australian Bureau of Statistics reported that 5.3% of Australians had diabetes in 2022, with a significant increase among older adults. The growing diabetic population is driving the demand for blood glucose monitoring systems.
Which Firms Dominate The Blood Glucose Monitoring Systems Market Segments?
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.
What Are the Latest Developing Trends in the Blood Glucose Monitoring Systems Market?
Companies in the glucose monitoring systems market are focusing on developing advanced hybrid closed-loop systems and smartphone apps for better management of diabetes. For example, in February 2024, DexCom Inc., a US-based company, launched Dexcom ONE+ in several European countries. This system offers real-time glucose monitoring via a smartphone app, providing users with continuous blood glucose readings and enabling monitoring by up to ten additional people.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blood Glucose Monitoring Systems Market?
2. What is the CAGR expected in the Blood Glucose Monitoring Systems Market?
3. What Are the Key Innovations Transforming the Blood Glucose Monitoring Systems Industry?
4. Which Region Is Leading the Blood Glucose Monitoring Systems Market?
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Blood Glucose Monitoring Market
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…
Asia Pacific Blood Glucose Monitoring Market by Product Type, Invasive Glucose M …
Asia Pacific Blood Glucose Monitoring Market - Overview
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…
