In-depth analysis and data-driven insights on the impact of COVID-19 included in this global blood glucose monitoring devices market report.
The global blood glucose monitoring devices market is expected to grow at a CAGR of over 12% during the period 2020−2026.
Key Highlights Offered in the Report:
Key Offerings:
Get your sample today!
Blood Glucose Monitoring Devices Market – Segmentation
Blood Glucose Monitoring Devices Market by Product
Blood Glucose Monitoring Devices Market by Usage
Blood Glucose Monitoring Devices Market by End-user
Blood Glucose Monitoring Devices Market by Distribution Channel
Blood Glucose Monitoring Devices Market – Dynamics
The global blood glucose monitoring devices market is growing at a significant rate due to demand for self-care/homecare devices and the prevalence of diabetes. With an increase in the sales of blood glucose meters, test strips, and lancets on a regular basis, the market offers tremendous growth opportunities for global, regional, and local players. As a result, many vendors strategically focus on the development and commercial launches of BGM devices for regular blood glucose monitoring. New product approvals/launches coupled with R&D activities, help vendors expand their presence, enhance market growth, and sustain their market position in the market. Vendors are actively launching innovative devices to penetrate and tap the huge growth potential of the market.
Key Drivers and Trends fueling Market Growth:
Blood Glucose Monitoring Devices Market – Geography
North America dominated the market due to its developed healthcare infrastructure and high awareness among patients. The use of CMG systems and self-monitoring blood glucose systems are high among patients. In Europe, the use of BGM devices is not uniformly distributed as the major countries cover BGM devices under insurance, whereas certain eastern European countries compel patients to pay out of pocket for BGM devices. The US and Canada accounted for a major share of the blood glucose market. The adoption of blood glucose monitoring devices is extremely high in the US compared with other countries. Due to the reimbursement of BGM devices, the use of these devices has risen in the region.
Blood Glucose Monitoring Devices Market by Geography
Major Vendors
Other Prominent Vendors
Looking for more information? Click Here
About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence Chicago, Illinois, 60605 Mail: [email protected] Call: +1-312-235-2040/+1 302 469 0707
Media ContactCompany Name: Arizton Advisory & Intelligence Contact Person: JessicaEmail: Send EmailPhone: +1 3122332770Country: United StatesWebsite: https://www.arizton.com/market-reports/blood-glucose-monitoring-devices-market-2024