Blood Glucose Monitoring Devices Market Size to Reach over $25 Billion by 2025 – Arizton

The global blood glucose monitoring devices market size is expected to reach revenues of over $25 billion by 2024, growing at a CAGR of more than 9% during 2018–2024.

The growing need to reduce both long-term micro and macrovascular complications such as CVDs, kidney diseases, and eye diseases and short-term complications, such as diabetic ketoacidosis and severe hypoglycemia is fueling the demand in the global blood glucose monitoring system market. The increasing focus on effective diabetes management is fueling the growth of the worldwide market. Self-monitoring of blood glucose levels regularly allows people with diabetes to evaluate their disease condition and helps them to follow the prescribed treatment regimen.

The global blood glucose monitoring devices market is driven by the increasing number of vendors collaborating with healthcare providers to promote and encourage patients to use BGM devices at their homes. The exponential growth of China and India will boost the demand for these devices in the global market. The market research report provides in-depth market analysis and segmental analysis of the global blood glucose monitoring devices market by product type, usage type, distribution channel, end-user type, and geography.

The report considers the present scenario of the global blood glucose monitoring devices market and its market dynamics for the period 2019−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study includes both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global market.

 

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Blood Glucose Monitoring Devices Market – Vendor Profile

 

Major Vendors

  • F. Hoffmann-La Roche
  • Abbott
  • Dexcom
  • LifeScan
  • Medtronic
  • Ascensia Diabetes Care

Prominent Players

  • A. Menarini Diagnostics
  • ACON Laboratories
  • AgaMatrix
  • Alliance International
  • Andon Health (Tianjin Jiu’an Medical Electronics)
  • ARKRAY
  • ApexBio
  • B. Braun Melsungen
  • Bionime
  • BioTelemetry
  • DarioHealth
  • Terumo
  • Trividia Health
  • Rossmax International
  • BTNX
  • Bioptik
  • Beurer
  • Biotest Medical Corp.
  • Medtrum Technologies
  • Sanofi
  • 77 Elektronika Kft.
  • Integrity Applications
  • Medisana
  • Nova Biomedical
  • Philosys
  • TaiDoc Technology
  • Omnis Health
  • Ypsomed

 

Blood Glucose Monitoring Devices Market – Segmentation

 

Market Segmentation by Product Type

  • Conventional BGM Devices
  • Continuous BGM Devices

Market Segmentation by Usage Type

  • Personal BGM Devices
  • Professional BGM Devices

Market Segmentation by Distribution Channel

  • Retail
  • Online

Market Segmentation by End-users

  • Individuals
  • Hospitals & Clinics
  • Others

Market Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • Spain
    • UK
  • APAC
    • China
    • Japan
    • South Korea
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • Saudi Arabia
    • Iran

 

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Blood Glucose Monitoring Devices Market – Table of Contents

 

1          Research Methodology

2          Research Objectives

3          Research Process

 

4          Report Coverage

4.1       Market Definition

4.2       Base Year

4.3       Scope of Study

4.3.1   Market Segmentation by Product Types

4.3.2   Market Segmentation by Usage Type

4.3.3   Market Segmentation by Distribution Channels

4.3.4   Market Segmentation by End-user Types

4.3.5   Market Segmentation by Geography

 

5          Report Assumptions & Caveats

5.1       Key Caveats

5.2       Inclusions

5.3       Exclusions

5.4       Currency Conversion

5.5       Market Derivation

 

6          Market at a Glance

 

7          Introduction

7.1       Diabetes: An Overview

7.1.1   Types of Diabetes

7.1.2   Causes of Diabetes

7.1.3   Symptoms of Diabetes

7.1.4   Diagnosis and Tests

7.2       Blood Glucose Monitoring

7.2.1   Time and Frequency of BGM

7.2.2   Types of Blood Glucose Monitoring

 

8          Market Dynamics

8.1       Market Growth Enablers

8.1.1   Growing Prevalence of Diabetes

8.1.2   Increasing Advancements in Technology

8.1.3   New Product Approvals/Launches

8.1.4   Increasing Availability of Mobile Applications and Data Integration Platforms for BGM Devices

8.1.5   YOY Impact of Market Growth Enablers

8.1.6   Impact of Market Growth Enablers on Regions

8.2       Market Growth Restraints

8.2.1   Limitations and Operational Challenges Associated with BGM Devices

8.2.2   High Cost of BGM Devices and Rise in Economic Burden for Diabetes Management

8.2.3   Reimbursement for BGM Devices Coupled with Competitive Pricing of Vendors

8.2.4   Presence of Large Pool of Undiagnosed Population

8.2.5   YOY Impact of Market Growth Restraints

8.2.6   Impact of Market Growth Restraints on Regions

8.3       Market Opportunities & Trends

8.3.1   Emergence of Non-invasive Blood Glucose Monitoring Devices

8.3.2   Promising BGM Devices under Investigation

8.3.3   Growing Demand for Smart and Bluetooth-enabled Blood Glucose Meters

8.3.4   YOY Impact of Market Opportunities & Trends

8.3.5   Impact of Market Opportunities & Trends on Regions

 

9          Market Landscape

9.1       Market Overview

9.2       Market Size & Forecast

9.3       Porter’s Five Forces Analysis

9.3.1   Threat of New Entrants

9.3.2   Bargaining Power of Suppliers

9.3.3   Bargaining Power of Buyers

9.3.4   Threat of Substitutes

9.3.5   Competitive Rivalry

 

10        Market by Product Type

10.1    Market Overview

10.2    Conventional Blood Glucose Monitoring Devices Market

10.2.1 Market Overview

10.2.2 Market Size & Forecast

10.3    Continuous Blood Glucose Monitoring Devices Market

10.3.1 Market Overview

10.3.2 Market Size & Forecast

 

11        Market By Usage

11.1    Market Overview

11.2    Personal BGM Devices

11.2.1 Market Overview

11.2.2 Market Size & Forecast

11.3    Professional BGM Devices

11.3.1 Market Overview

11.3.2 Market Size & Forecast

 

12        Market by Distribution Channel

12.1    Market Overview

12.2    Retail Stores

12.2.1 Market Overview

12.2.2 Market Size & Forecast

12.3    Online Channels

12.3.1 Market Overview

12.3.2 Market Size & Forecast

 

13        Market By End-users

13.1    Market Overview

13.2    Individuals

13.2.1 Market Overview

13.2.2 Market Size & Forecast

13.3    Hospitals and Clinics

13.3.1 Market Overview

13.3.2 Market Size & Forecast

13.4    Others

13.4.1 Market Overview

13.4.2 Market Size & Forecast

 

14        Market By Geography

14.1    Market Overview

 

15        North America

15.1    Market Overview

15.1.1 Market Size & Forecast

15.2    Product Segmentation

15.3    Conventional Blood Glucose Monitoring Devices

15.3.1 Market Size & Forecast

15.4    Continuous Blood Glucose Monitoring Devices

15.4.1 Market Size & Forecast

15.5    Key Countries

15.5.1 US: Market Size & Forecast

15.5.2 Canada: Market Size & Forecast

 

16        Europe

16.1    Market Overview

16.1.1 Market Size & Forecast

16.2    Product Segmentation

16.3    Conventional Blood Glucose Monitoring Devices

16.3.1 Market Size & Forecast

16.4    Continuous Blood Glucose Monitoring Devices

16.4.1 Market Size & Forecast

16.5    Key Countries

16.5.1 Germany: Market Size & Forecast

16.5.2 France: Market Size & Forecast

16.5.3 Spain: Market Size & Forecast

16.5.4 UK: Market Size & Forecast

 

17        APAC

17.1    Market Overview

17.1.1 Market Size & Forecast

17.2    Product Segmentation

17.3    Conventional Blood Glucose Monitoring Devices

17.3.1 Market Size & Forecast

17.4    Continuous Blood Glucose Monitoring Devices

17.4.1 Market Size & Forecast

17.5    Key Countries

17.5.1 Japan: Market Size & Forecast

17.5.2 China: Market Size & Forecast

17.5.3 South Korea: Market Size & Forecast

17.5.4 India: Market Size & Forecast

 

18        Latin America

18.1    Market Overview

18.1.1 Market Size & Forecast

18.2    Product Segmentation

18.3    Conventional Blood Glucose Monitoring Devices

18.3.1 Market Size & Forecast

18.4    Continuous Blood Glucose Monitoring Devices

18.4.1 Market Size & Forecast

18.5    Key Countries

18.5.1 Brazil: Market Size & Forecast

18.5.2 Mexico: Market Size & Forecast

 

19        Middle-East & Africa

19.1    Market Overview

19.1.1 Market Size & Forecast

19.2    Product Segmentation

19.3    Conventional Blood Glucose Monitoring Devices

19.3.1 Market Size & Forecast

19.4    Continuous Blood Glucose Monitoring Devices

19.4.1 Market Size & Forecast

19.5    Key Countries

19.5.1 Saudi Arabia: Market Size & Forecast

19.5.2 Iran: Market Size & Forecast

 

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