Statistical analysis of Blood Glucose Meter Market has been published by Absolute Markets Insights. It provides an in-depth analysis of Blood Glucose Meter sector primary and secondary exploratory techniques have been used by analysts. Leading industry key players have been analyzed on the basis of revenue, productivity, applications and end users to give a complete view of the market. SWOT and Porter's Five Analysis have been utilized while curating this report that gives better comprehension of existing organizations.
Top Key Players includes in this report: Abbott, Ascensia Diabetes Care Holdings AG, B. Braun Melsungen AG, Dexcom, Inc., DiaMonTech AG, Dottli, Dr Trust., Dr.Morepen, Gluco-wise, Health2Sync, Informed Data Systems Inc. and One Drop, Integrity Applications, La société PKvitality, LifeScan IP Holdings, LLC, Medtronic, Medtronic Pvt. Ltd, Roche Diabetes Care, Sanofi-Deutschland GmbH, Senseonics, Incorporated, SOCIALDIABETES, S.L. and Terumo Europe NV amongst others.
The global blood glucose meter market was valued at US$ 10726.36 Mn in 2020 and is anticipated to witness a compound annual growth rate of 7.11% over the forecast period due to the growing number of diabetes patients.
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Key Findings of the Report:
Based on the type, wearable glucose monitoring devices are anticipated to witness high growth in global blood glucose meter market over forecast years. The continuous glucose monitoring capabilities of these devices provide regular updates to the user and prevents adverse outcomes resulting from steep fall or rise in blood sugar levels.
The need for regular monitoring of blood glucose for determining the dosage of insulin and tracking fluctuations in sugar levels is driving the share of self-usage/homecare application across global blood glucose meter market.
North America accounted for the highest market share in global blood glucose meter market in 2018. Asia Pacific is expected to register the highest compound annual growth rate over the period of next eight years. The rising awareness about diabetes management amidst various government programs, is anticipated to drive the growth.
Global Blood Glucose Meter Market:
By Product
- Self-Monitoring Blood Glucose (SMBG) Systems
- Continuous Glucose Monitoring Devices
- Digital Solutions
By Type
- Wearable
- Handheld
By Sales Channel
- Online
- Offline
By Application
- Hospitals
- Clinical Laboratories
- Physicians
- Self-Usage/Homecare
- Diagnostics Centers
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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