Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!

What is the Expected Growth Rate of the Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market from 2024 to 2033?

The self-monitoring blood glucose (SMBG) devices market has shown significant growth. It will rise from $14.35 billion in 2023 to $15.71 billion in 2024, at a CAGR of 9.5%. Key growth drivers include the increasing prevalence of diabetes, greater healthcare awareness, government initiatives, and rising healthcare spending.

The self-monitoring blood glucose (SMBG) devices market is projected to grow to $22.15 billion by 2028 with a CAGR of 9.0%. This growth is driven by telehealth, remote monitoring, and the rise in e-commerce. Key trends include continuous glucose monitoring, AI integration, and wearable SMBG devices.

Claim Your Free Sample of the Global Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Report Today!

https://www.thebusinessresearchcompany.com/sample.aspx?id=6969&type=smp

What Key Factors Are Fueling the Growth of the Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market?

The increasing prevalence of diabetes is expected to drive the growth of the self-monitoring blood glucose device market. In 2021, diabetes affected 537 million adults, projected to reach 643 million by 2030 and 783 million by 2045, as per the International Diabetes Federation. The rising prevalence of diabetes is fueling the demand for self-monitoring blood glucose devices in 2023, 2024, and 2028.

What Are the Major Segments of the Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market?

1) By Product: Self-Monitoring Blood Glucose Meters, Continuous Glucose Monitors, Testing Strips, Lancets

2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Sales, Diabetes Clinics & Centers

3) By Application: Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes

What New Trends Are Transforming the Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market?

Technological advancement is a driving force in the self-monitoring blood glucose devices market, with companies like Know Labs Inc. introducing innovations like the KnowU device in September 2021. This portable, non-invasive glucose monitoring device utilizes Bio-RFID technology, providing an affordable and convenient alternative to traditional blood glucose monitoring devices.

Order Now for Fast Delivery of Your Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Report!

https://www.thebusinessresearchcompany.com/report/self-monitoring-blood-glucose-smbg-devices-global-market-report

Which Regions Are Driving Growth in the Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market?

North America was the largest region in the self-monitoring blood glucose (SMBG) devices market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the self-monitoring blood glucose (smbg) devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the self-monitoring blood glucose (smbg) devices global market report 2024 market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Include

1. Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Executive Summary

2. Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Segments

3. Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Size And Template Market Growth Rate

4. Key Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Trends

5. Major Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Drivers

……

25. Key Mergers And Acquisitions In The Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market

26. Top Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Companies

27. Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Opportunities And Strategies

28. Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market, Conclusions And Recommendations

29. Appendix

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

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:

Industry:

Medical Equipment

Meta Keywords:

self-monitoring blood glucose (smbg) devices market, self-monitoring blood glucose (smbg) devices global market, self-monitoring blood glucose (smbg) devices market size, self-monitoring blood glucose (smbg) devices market share, self-monitoring blood glucose (smbg) devices market forecast, self-monitoring blood glucose (smbg) devices market analysis, self-monitoring blood glucose (smbg) devices market trends, self-monitoring blood glucose (smbg) devices market growth, self-monitoring blood glucose (smbg) devices industry, self-monitoring blood glucose (smbg) devices market report, self-monitoring blood glucose (smbg) devices market insights

The Business Research Company offers the self-monitoring blood glucose (smbg) devices global market report 2024 market research report 2024 with industry size, share, segments and market growth

Global Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market, Global Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Report, Global Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Trends, Global Self-Monitoring Blood Glucose (SMBG) Devices Global Market Report 2024 Market Size