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

The Business Research Company’s blood glucose meters market report forecasts the blood glucose meters market size to grow to $22.34 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Blood Glucose Meters Market Report 2023 – https://www.thebusinessresearchcompany.com/report/blood-glucose-meters-global-market-report

Blood Glucose Meters Market Size Forecast
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The blood glucose meters market size is expected to grow to $22.34 billion in 2027 at a CAGR of 7.1%.

North America held the largest blood glucose meters market share.

Key Blood Glucose Meters Market Driver ­– Rise In The Prevalence Of Diabetes
According to the study by the International Diabetes Federation (IDF), there will be a 48% increase in diabetes around the world by 2045. According to the International Diabetes Federation (IDF) in 2021, nearly 537 million people were suffering from diabetes.

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Blood Glucose Meters Market Segment
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

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

In September 2021, B. Braun Melsungen AG, a German medical and pharmaceutical device company acquired Sterinova Inc for an undisclosed amount. This acquisition of Sterinova will continue to operate as a distinct subsidiary of B. Braun Melsungen AG. Sterinova Inc is a Canada-based company that develops, manufactures, and distributes ready-to-use sterile injectable products in syringes and premix bags.

The Blood Glucose Meters Global Market Report 2023 covers regional data on blood glucose meters market size, blood glucose meters market trends and drivers, opportunities, strategies, and blood glucose meters market competitor 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 meters are devices that are used to measure and display the amount of sugar (glucose) in the blood.

View More Reports Related To The Blood Glucose Meters Market –
Glucose Global Market Report 2022
Continous Blood Glucose Monitoring Market Report 2022
Blood And Blood Components Global Market Report 2022

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