The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest blood glucose meters market share.

The global blood glucose meters market is expected to grow from $15.64 billion in 2022 to $16.96 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The blood glucose meters market size is expected to grow to $22.34 billion in 2027 at a CAGR of 7.1%.

Major Driver In The Blood Glucose Meters Market ­– Rise In The Prevalence Of Diabetes
According to the International Diabetes Federation (IDF) report, there would be a 48% increase in diabetes worldwide by 2045. According to the International Diabetes Federation (IDF), almost 537 million people would have diabetes by 2021.

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Key Blood Glucose Meters Market Segments
1) By Product type: Electrode Type Blood Glucose Meter, Photoelectric Blood Glucose Meter
2) By End User: Hospitals, Home Care
3) By Application: Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes

Recent Blood Glucose Meters Market Trend – Launching New Products
Companies in the industry are concentrating on the introduction of new products in order to expand their product range and increase their market position. For example, Roche, a Swiss global healthcare business, will introduce its new point-of-care blood glucose monitor for hospital staff in January 2022, along with a companion gadget styled like a touchscreen smartphone that will run its own apps. Glytec, a US-based insulin management software business, provided the device’s software, the Glucommander insulin-dosing programme, to help streamline the complicated chore of managing blood sugar levels during a patient’s hospital stay.

Blood Glucose Meters Market Prominent Players
Major players in the blood glucose meters market are Abbott, Roche, Medtronics, Ascensia, Dexcom, Johnson & Johnson, Arkray, Acon, LifeScan, and Agamatrix Inc.

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The Blood Glucose Meters Global Market Report 2023  provides a comprehensive overview on the blood glucose meters market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the blood glucose meters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Blood glucose metres are instruments that measure and display the level of sugar (glucose) in the blood.

View More Related Reports –
Diabetes Care Devices Global Market Report 2023
Self Monitoring Blood Glucose Devices Global Market Report 2023
Blood Transfusion Diagnostics Global Market Report 2023

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