Blood Glucose Monitoring Systems Market Insights 2025-2034: Growth Dynamics, Trends, and Strategic Opportunities
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What key factors are powering the surge in the blood glucose monitoring systems market right now?
The blood glucose monitoring systems market has seen solid growth in recent years. It will grow from $16.48 billion in 2024 to $17.8 billion in 2025, with a CAGR of 8.0%. This growth is driven by the rising global incidence of diabetes, greater awareness leading to more widespread use of monitoring systems, supportive policies for diabetes care, improved healthcare access, and more accurate glucose meters.
How fast Is the blood glucose monitoring systems market expected to grow, and what’s its future value?
The blood glucose monitoring systems market is projected to grow strongly, reaching $23.99 billion by 2029, with a CAGR of 7.7%. The growth is attributed to tailored treatment plans using glucose data, increasing diabetes prevalence, a rising geriatric population, greater adoption in developing regions, and advancements in connectivity and data management. Key trends include integration with wearable and smart devices, advancements in sensor technology, personalized medicine, telehealth, remote monitoring, and improved data connectivity.
Get your blood glucose monitoring systems market report here!
What are the leading drivers of growth in the blood glucose monitoring systems market?
The rising prevalence of diabetes is expected to propel the blood glucose monitoring systems market. This increase is driven by factors like sedentary lifestyles, unhealthy diets, and aging populations. Blood glucose monitoring systems are vital for managing and controlling diabetes. The Australian Bureau of Statistics reported that in 2022, approximately 5.3% of Australians were diagnosed with diabetes, with the prevalence rising with age, particularly among those over 75.
What are the key segments defining the blood glucose monitoring systems market?
The blood glucose monitoring systems market covered in this report is segmented –
1) By Type: Non-Invasive, Invasive
2) By Device Type: Continuous Glucose Monitoring Systems, Self-Monitoring Blood Glucose Systems
3) By Testing Site: Fingertip Testing, Alternate Site Testing
4) By Distribution Channel: Institutional Sales, Retail Sales
5) By Application: Type 2 Diabetes, Type 1 Diabetes, Gestational Diabetes
Subsegments:
1) By Non-Invasive: Optical Sensors, Ultrasound-Based Sensors, Bioimpedance-Based Sensors, Electromagnetic Sensors, Tear Or Saliva-Based Sensors
2) By Invasive: Continuous Glucose Monitoring (CGM) Systems, Self-Monitoring Blood Glucose (SMBG) Systems, Implantable Glucose Monitoring Devices, Flash Glucose Monitoring Systems
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17097&type=smp
Who are the key players steering the development of the blood glucose monitoring systems market?
Major companies operating in the blood glucose monitoring systems market are F. Hoffmann-La Roche Ltd., Sanofi S.A., Medtronic plc, Novo Nordisk A/S, B. Braun Melsungen AG, Terumo India Private Limited, Dexcom Inc., SD Biosensor Co. Ltd., Arkray Inc., Abbott India Limited, Ypsomed Holding AG, LifeScan IP Holdings LLC, Ascensia Diabetes Care Holdings AG, TaiDoc Technology Corporation, Nemaura Medical Inc., Bionime GmbH, Acon Laboratories Inc., Nipro India Corporation Private Limited., Rossmax International Ltd, AgaMatrix Inc., A. Menarini Diagnostics S.r.l., Medisana GmbH, Intuity Medical Inc.
What emerging trends are influencing the growth of the blood glucose monitoring systems market?
In the glucose monitoring systems market, companies are developing systems like advanced hybrid closed-loop systems and smartphone apps to manage real-time data. For instance, in February 2024, DexCom Inc., a US-based glucose monitoring company, launched the Dexcom ONE+ system, which integrates real-time glucose monitoring with a smartphone app and enables shared monitoring for individuals with diabetes.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17097
Which regions are most influential in expanding the blood glucose monitoring systems market?
North America was the largest region in the blood glucose monitoring systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blood glucose monitoring systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Similar Reports By The Business Research Company:
Hemodynamic Monitoring Systems Global Market Report 2024
Anesthesia Monitoring Devices Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/anesthesia-monitoring-devices-global-market-report
Driver Monitoring Systems Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/driver-monitoring-systems-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
