Blood Glucose Monitoring Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Blood Glucose Monitoring Devices Market – Report Overview

Pacific Business Consulting’s “Blood Glucose Monitoring Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Blood Glucose Monitoring Devices market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The Blood Glucose Monitoring Devices market is estimated to be valued at US$ 12.4 Billion in 2022, with projections indicating it will surpass US$ 18 Billion by 2030, exhibiting a robust compound annual growth rate (CAGR) of more than 8% throughout the forecast period.

Blood glucose monitoring (BGM) devices play a crucial role for individuals with diabetes by enabling the detection of high or low blood glucose levels. This functionality facilitates prompt therapy modifications, ensures timely confirmation of acute hypoglycemia or hyperglycemia, and empowers patients with greater self-care capabilities. The technology also serves as a tool for patient education about diabetes management, promoting healthier habits. Blood glucose devices are diverse, offering a range of sizes, prices, testing times, and ease of use.

The escalating global prevalence of diabetes is linked to lifestyle changes, including alcohol consumption and smoking, contributing to a rise in diabetes cases worldwide. Obesity is another significant factor fueling the diabetes epidemic. Additionally, the increasing geriatric population is a driving force for market growth, with the World Health Organization projecting the global aging population to reach 2 billion by 2050, up from 1 billion in 2020.

Blood glucose monitoring equipment remains in high demand, with a growing preference for these devices to monitor blood glucose levels. This preference is a major factor contributing to the increased production of blood glucose monitoring devices. Continuous blood glucose monitoring devices (CGMs) are increasingly utilized by healthcare facilities to reduce the frequency of point-of-care testing (POCT), saving time and personal protective equipment during blood glucose monitoring.

The surge in diabetic patients can be attributed to global dietary habits and lifestyle patterns, including increased consumption of junk food and alcohol, coupled with sedentary lifestyles. The rising prevalence of diabetes and an aging population worldwide are key drivers for the increasing adoption of blood glucose monitoring devices.

Key players in the Blood Glucose Monitoring Devices segment include Dexcom, Inc., Sanofi, Novo Nordisk, Insulet Corporation, Ypsomed Holdings, Glysens Incorporated, Abbott Laboratories, Medtronic plc, F. Hoffmann-La Roche Ltd, and Ascensia Diabetes Care.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Blood Glucose Monitoring Devices market. It also delves into the analysis of present and prospective market competition within the global Blood Glucose Monitoring Devices market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Blood Glucose Monitoring Devices market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Blood Glucose Monitoring Devices market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Blood Glucose Monitoring Devices
   • Global Market Outlook: Blood Glucose Monitoring Devices
2. Competitive Intelligence Analysis: Blood Glucose Monitoring Devices
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Blood Glucose Monitoring Devices
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Blood Glucose Monitoring Devices
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Blood Glucose Monitoring Devices: Ten Major Market (10MM) – Market Analysis, By Product
   • Self-monitoring Devices
   • Continuous Blood Glucose Monitoring Devices
9. Blood Glucose Monitoring Devices: Ten Major Market (10MM) – Market Analysis, By Type
   • Invasive
   • Non-invasive
10. Blood Glucose Monitoring Devices: Ten Major Market (10MM) – Market Analysis, By Distribution Channel
    • Online Channels
    • Hospitals Pharmacies
    • Pharmacies & Drug Stores
11. Blood Glucose Monitoring Devices: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

12. S. Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

13. K. Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

14. Germany Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

15. France Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

16. Italy Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

17. Spain Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

18. Japan Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

19. China Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

20. Australia Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

21. India Blood Glucose Monitoring Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Type
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Type
      • By Distribution Channel

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer