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Blood Glucose Monitoring Device MarketSet to
Exceed USD USD 2.61 billion by 2026 CAGR 8.0

• Blood Glucose Monitoring Device Market, By
  Products (Single Point Blood Glucose Meters,
  Continuous Glucose Monitoring Systems (Sensors,
  Transmitters), Glucose Monitoring strips,
  Lancet) By End Use (Hospitals Clinics,
  Diagnostic Centers, Home care Settings) By
  Region Market Size Forecast, 2018 - 2026

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Blood Glucose Monitoring Device Market Estimate
Forecast to 2026
The Blood Glucose Monitoring Device market is
anticipated to reach over USD 2.61 billion by
2026 according to a new research published by
Polaris Market Research. The increasing need for
home care diagnosis and real time data by the end
users to primarily drive the blood glucose
monitoring device market during the forecast
period. These devices have potential market due
to the rising technology advancements in this
industry during the forecast period. Moreover,
the major supporting factor for this market
growth is the number of populations suffering
from diabetes. According to the World Health
Organization (WHO), approximately there were
direct deaths if 1.6 million in 2015, and this
number is attributed to rise by 2030 making
diabetes the 7th leading cause of death
globally. Furthermore, the changing life style
of the people, and rising preference to the
sedentary life style to also support the market
growth in the coming years. However, lack of
awareness, limited use of these devices, and no
proper reimbursements regulation by the
government would impede the market growth during
the forecast period.
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Blood Glucose Monitoring Device Market Scope
By Product Type By End-User By Region Report Attributes
Single Point Blood Glucose Meters Continuous Glucose Monitoring Systems (Sensors, Transmitters), Glucose Monitoring strips Lancet Hospitals Clinics Diagnostic Centers Home care Settings North America Europe Asia Pacific Latin America Middle East Africa Historic year 2015-2016 Base year 2017 Forecast Year 2018-2026 Revenue (USD Billion)
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Blood Glucose Monitoring Device Market Estimate
Forecast to 2026
North America generated the highest revenue in
the Blood Glucose Monitoring Device market in
2017, and is expected to be the leading region
globally during the forecast period. Increasing
demand, rising patient awareness for proper
self-diagnosis methods, which saves the time,
money, and provides accurate real-time data about
the patient health. Also, decreasing cost time
of treatment, and continuous research and
development in the same field to also boost the
market growth in coming years. While, Asia
Pacific blood glucose monitoring device market
is supposed to the fastest growing market during
forecast period. The key players operating in
the Blood Glucose Monitoring Device market
include Abbott Laboratories, Terumo Corporation,
ARKRAY Inc., Medtronic Plc., Acon Laboratories
Inc., Roche Diagnostics Ltd., Johnson Johnson,
Novo Nordisk A/S, Becton, Dickinson and Co.,
Sanofi, Bayer AG, Ypsomed AG. These companies
launch new products and collaborate with other
market leaders to innovate and launch new
products to meet the increasing needs and
requirements of consumers.


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Blood Glucose Monitoring Device Market (USD
Billion) Y-o-Y Growth ()
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Blood Glucose Monitoring Device Market Study
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