Press release
Blood Glucose Monitoring Devices Market to Surpass USD 31.5 Billion by 2030
Demand is being propelled by advanced Continuous Glucose Monitoring (CGM) systems, connected glucometers, and AI-driven diabetes management platforms delivered through smartphones and wearables.
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Key Takeaways
• Market Size 2023: USD 17.6 billion
• Market Size 2030: USD 31.5 billion
• CAGR (2024-2030): 8.9%
• Primary Drivers: Rising diabetes prevalence, affordability of home testing devices, CGM expansion, and AI/IoT integration.
• Fastest Growing Product: Continuous Glucose Monitoring (CGM) sensors.
• Top User Group: Type 2 diabetic population (largest share globally).
Market Story
Diabetes affects more than 530 million people globally, making blood glucose monitoring devices a universal healthcare necessity. Earlier dependent on finger-stick glucometers, the market has now transitioned toward real-time, minimally invasive, and non-invasive monitoring technologies.
CGM systems have become especially crucial for patients needing continuous visibility into their glucose fluctuations, enabling proactive treatment adjustments and better overall glycemic control. These devices also feed data into digital health ecosystems, where AI tools analyze trends, issue alerts, and personalize therapy recommendations.
Governments and healthcare providers are promoting early diagnosis and home care to reduce hospitalization burdens and long-term diabetes complications, resulting in substantial device adoption worldwide.
Market Segments
By Product Type
• Self-Monitoring Blood Glucose (SMBG) Devices
- Glucometers
- Test Strips
- Lancets
• Continuous Glucose Monitoring (CGM) Devices
- Sensors
- Transmitters
- Receivers/Monitors
CGM is the fastest-growing segment due to real-time tracking benefits and reduced finger pricks.
By Technique
• Invasive Monitoring
• Minimally Invasive Monitoring
• Non-Invasive Monitoring (Emerging)
Minimally invasive sensors dominate current adoption, while non-invasive technology represents a major white space.
By Application
• Type 1 Diabetes
• Type 2 Diabetes
• Gestational Diabetes
Type 2 diabetes remains the largest application segment due to its global prevalence.
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Diabetes Care Centers
Online channels are growing rapidly due to affordability and subscription-based sensor delivery programs.
By End-User
• Home Healthcare Users
• Hospitals & Clinics
• Diagnostic Centers
• Ambulatory Care Centers
Homecare dominates due to patient preference for self-management.
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Recent Industry Developments
• 2024 - Abbott expanded its FreeStyle Libre CGM into new global markets with smartphone-only compatibility.
• 2024 - Dexcom launched its next-generation G7 system with improved accuracy and reduced sensor warm-up time.
• 2023 - Medtronic introduced upgraded Guardian CGM systems integrated with automated insulin delivery.
• 2023 - Roche expanded AI-powered digital diabetes management platforms through partnerships.
• 2023 - LifeScan rolled out connected glucometers with cloud-based patient monitoring tools.
Expert Quote
"Blood glucose monitoring is evolving from occasional testing to intelligent, continuous health tracking. CGM devices and AI-driven platforms are transforming diabetes management, offering patients greater freedom, precision, and safety."
- Irfan Tamboli, Business Development Executive, Exactitude Consultancy
Key Market Drivers
1. Global Rise in Diabetes Cases
Rapid urbanization, sedentary lifestyles, obesity, and aging populations are driving demand for continuous and self-monitoring devices.
2. Technological Advancements
Smart CGMs, wearable patches, Bluetooth-enabled glucometers, and AI-based trend prediction tools elevate adoption.
3. Shift Toward Home-Based Monitoring
Patients prefer managing blood glucose at home rather than visiting clinics frequently.
4. Government Awareness Programs
Global initiatives encouraging early detection and self-management support market growth.
5. Integration with Digital Health Platforms
Mobile apps, cloud dashboards, and telehealth connectivity streamline diabetes care pathways.
Forecast Outlook (2024-2030)
Market momentum will remain strong due to:
• Rapid CGM adoption
• Increased affordability of sensors
• Government diabetes management programs
• Integration with insulin pumps and automated delivery systems
• Advances in non-invasive glucose sensing technologies
By 2030, non-invasive, wearable-based glucose monitoring is expected to become the most disruptive innovation.
Regional Insights
North America
Largest market supported by high diabetes prevalence, insurance coverage for CGM, and strong device innovation.
Europe
Significant adoption due to centralized healthcare, reimbursement systems, and growing elderly population.
Asia-Pacific
Fastest-growing region (CAGR > 10%) driven by India and China's large diabetic populations.
Latin America & Middle East
Growing awareness and rising access to affordable glucometers stimulate adoption.
Conclusion
The Blood Glucose Monitoring Devices Market is on a high-growth trajectory, driven by the global diabetes epidemic and rapid technological advancements in real-time monitoring. CGMs and connected glucometers are reshaping diabetes care, supporting early intervention, improved glycemic control, and patient empowerment.
This report is also available in the following languages : Japanese (血糖値モニタリングデバイス市場), Korean (혈당 측정 장치 시장), Chinese (血糖监测设备市场), French (Marché des dispositifs de surveillance de la glycémie), German (Markt für Blutzuckermessgeräte), and Italian (Mercato dei dispositivi di monitoraggio della glicemia), etc.
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Related Reports
Hyperglycemia Clinical Market
https://exactitudeconsultancy.com/reports/73636/hyperglycemia-clinical-market
Diabetes Market
https://exactitudeconsultancy.com/reports/71966/diabetes-market
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https://exactitudeconsultancy.com/reports/72031/hypoglycemia-market
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https://exactitudeconsultancy.com/reports/72063/prediabetes-market
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
https://exactitudeconsultancy.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
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