Blood Glucose Monitoring System Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Blood Glucose Monitoring System Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Blood Glucose Monitoring System market and its component manufacturers over the next decade.
At a compound annual growth rate of 8.4%, the global blood glucose monitoring system market is projected to grow from its 2023 valuation of USD 13.71 billion to USD 24.11 billion by 2030.
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Blood Glucose Monitoring System Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Blood Glucose Monitoring System market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Blood Glucose Monitoring System market are examined in the report.
Blood Glucose Monitoring System Market Segmentation
by Product
Self-Monitoring Blood Glucose Systems
Blood Glucose meters
Testing strips
Lancets Lancing Devices
Continuous Glucose Monitoring Systems
Sensors
Transmitters
Receivers
In 2023, the blood glucose monitoring system market was dominated by continuous glucose monitoring systems based on product. Continuous glucose monitoring (CGM) devices offer real-time and continuous glucose monitoring without requiring finger pricks. Users may see their glucose trends in full thanks to this continuous data stream, which also offers insightful information about patterns and swings. Convenience is achieved with CGM systems since they do not require the repeated finger pricks that standard self-monitoring blood glucose (SMBG) systems demand. Because CGM devices detect glucose levels automatically and continuously, they are easier for users to use because they eliminate the need for frequent manual testing. Proactive diabetes management is made possible by the constant data that CGM systems give. When there are possible highs or lows, users receive messages and alerts, allowing them to
by Testing
Site Fingertip testing
Alternate Site Testing
by Patient Care Setting
Self/Home Care
Hospital Clinics
by Application
Type 2 Diabetes
Type 1 Diabetes
Gestational Diabetes
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Blood Glucose Monitoring System Market Key Players
Global
1. Roche Diagnostics ( Basel, Switzerland)
2. Abbott Laboratories (Abbott Park, Illinois, USA)
3. Medtronic (Dublin, Ireland)
4. Dexcom (San Diego, California, USA)
5. Ascensia Diabetes Care (Basel, Switzerland)
North America
1. LifeScan (Wayne, Pennsylvania, USA)
2. Becton, Dickinson and Company (BD) (Franklin Lakes, New Jersey, USA)
3. AgaMatrix ( Salem, New Hampshire, USA)
Europe
1. Ypsomed ( Burgdorf, Switzerland)
Asia Pacific
1. Sinocare Inc. ( Changsha, China)
2. Arkray Inc. ( Kyoto, Japan)
3. Terumo Corporation ( Tokyo, Japan)
4. Bioptik Technology Inc. ( Taichung City, Taiwan)
5. Omron Healthcare ( Kyoto, Japan)
6. Arkray Inc. ( Kyoto, Japan )
7. Terumo Corporation ( Tokyo, Japan )
Table of content for the Blood Glucose Monitoring System Market includes:
Part 01: Executive Summary
Part 02: Scope of the Blood Glucose Monitoring System Market Report
Part 03: Blood Glucose Monitoring System Market Landscape
Part 04: Blood Glucose Monitoring System Market Sizing
Part 05: Blood Glucose Monitoring System Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Analysis
The Blood Glucose Monitoring System market report comprises an extensive analysis of the Blood Glucose Monitoring System industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.
Key Questions answered in the Blood Glucose Monitoring System Market Report are:
- What is Blood Glucose Monitoring System Market?
- What is the forecast period of the Blood Glucose Monitoring System Market?
- What is the competitive scenario of the Blood Glucose Monitoring System market?
- Which region held the largest market share in the Blood Glucose Monitoring System Market?
- What are the opportunities for the Blood Glucose Monitoring System Market?
- What are the restraining factors in the Blood Glucose Monitoring System market?
- Who are the key players of the Blood Glucose Monitoring System market?
Key offerings:
- Market Share, Size, and Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Blood Glucose Monitoring System
- Landscape- Leading key players and other prominent key players.
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