Glucose Monitoring Device Market Size and Share Forecast Outlook for 2024 to 2034

As the world continues to face diabetes burden, accurate and efficient glucose monitoring becomes paramount for managing this condition. Courtesy of this, global demand for glucose monitoring devices is anticipated to surge at 10.6% CAGR during the next decade.

According to Future Market Insights’ updated report, the global market value is projected to increase from USD 16.2 billion in 2024 to USD 44.6 billion by 2034. The market was valued at USD 14.7 billion at the end of 2023 and is set to exhibit a y-o-y growth of 10.3% in 2024.

A spike in diabetes cases globally is set to create a conducive environment for the development of the blood sugar monitoring device market. Diabetes is estimated to affect around 643 million people in 2030 and 783 million by 2045, according to the International Diabetes Federation (IDF).

As the prevalence of diabetes will rise, so will the requirement for constant monitoring of blood sugar levels. This, in turn, is anticipated to propel demand for blood sugar monitoring devices during the assessment period.

A key trend observed in the market is the shift towards continuous glucose monitoring devices. This is because these devices offer more real-time data than traditional glucose monitoring tools. To capitalize on this trend, key players are looking to develop less invasive, user-friendly, and multifunctional continuous glucose monitoring systems.

Governments across the world are striving for the prevention and management of diabetes. For instance, new awareness campaigns are being launched. This will also play a key role in boosting market growth.

Another key factor propelling sales growth is the growing popularity of point-of-care testing (POCT) devices in diabetes management. Similarly, ongoing innovation in glucose monitoring systems will benefit the market.

Global Glucose Monitoring Device Market Forecast

Attributes Key Insights
Market Value in 2023 USD 14.7 billion
Market Revenue in 2024 USD 16.2 billion
Global Glucose Monitoring Device Market Size in 2034 USD 44.6 billion
Value CAGR (2024 to 2034) 10.6%

Historical Trends vs. Future Demand Outlook in the Glucose Monitoring Device Market

The global glucose monitoring product industry recorded a CAGR of 9.1% from 2019 to 2023. In comparison, a robust CAGR of 10.6% has been estimated by Future Market Insights analysts for the target market between 2024 and 2034, indicating a spike of 1.5% from the historical growth rate.

Historically, in patients with type 1 and type 2 diabetes, self-monitoring of blood glucose (SMBG) became the standard of care. This advanced device, along with A1C testing and insulin pump therapy, created effortless diabetes management and testing issues, impacting business growth. The evolution of home glucose monitoring has further changed with the introduction of continuous glucose monitoring (CGM).

The CGM system represents a significant innovation in blood glucose monitoring technology. This device continuously measures glucose in liquid media, providing users with information on time and patterns. CGM can provide a deeper understanding of blood sugar changes and help patients and doctors optimize diabetes management strategies.

The blood sugar measuring device market, which was established based on the need to improve diabetes control and make it easier for patients, continues to develop with the development of technology. The integration of CGM, artificial intelligence, and monitoring technologies is anticipated to lead to further growth and innovation in diabetes management.

Emerging Growth Opportunities in the Global Glucose Monitoring Device Sector

The integration of new features, such as longer usage time in continuous glucose monitoring (CGM), is a big advancement in the device. CGM systems allow users to monitor blood sugar levels continuously over a long period of time, providing rapid insights without the need for frequent changes. This not only increases consumer convenience but also improves compliance with blood sugar testing, leading to better outcomes in diabetes management.

Advances in sensor technology have brought significant opportunities to the blood glucose monitoring industry by improving accuracy and wear resistance. By constantly innovating and improving designs, products, and functions, manufacturers can meet the needs of people with diabetes and ultimately improve their lives and health.

The growth in telemedicine globally offers great opportunities for people with diabetes. Telemedicine involves the delivery of healthcare services remotely through communication technology, providing a convenient and accessible platform for patients with diabetes to receive medical treatment and care for their disease.

Telemedicine can also facilitate patient education and self-management by providing access to education, support groups, and behavioral therapy for people with diabetes. By combining telemedicine with blood sugar monitoring devices, patients can receive personalized advice, guidance and guidance to help them better understand their condition and make the most of it.

Advanced technologies can play a key role in revolutionizing diabetes management and enabling people to live healthy lives. They will create opportunities for the global glucose monitoring device industry through 2034.

Factors Constraining the Adoption of Glucose Monitoring Devices Globally

The high cost of glucose monitoring products is a major barrier to their adoption, especially in low- and middle-income countries. While these devices offer advanced technology and new features that can benefit people with diabetes, their high costs often prevent them from being available to those in need.

In many regions where healthcare infrastructure is limited and economic poverty is common, the cost of purchasing this equipment puts it beyond the reach of the majority of the population. The availability of traditional blood glucose monitoring methods, such as urine collection and blood tests, has also become a barrier to the use of blood sugar monitoring devices.

Top Countries Spearheading Glucose Monitoring Device Penetration

The table below shows the future growth rates of the top countries. India and China are set to record high CAGRs of 17.6% and 16.6%, respectively, through 2034. This can be attributed to high prevalence of diabetes due to urbanization, growing geriatric population, reduced levels of physical activity, and bad eating habits.

Market Growth Outlook by Key Countries

Countries Value CAGR
United States 6.1%
China 16.6%
Japan 4.0%
Germany 6.7%
India 17.6%

High Diabetes Prevalence Fueling Demand in the United States

The United States glucose monitoring device market is set to be valued at USD 4,910.2 million in 2024 and is going forward with a stable CAGR of 6.1% throughout the forecast period. Growing incidence of diabetes, favorable government initiatives, and availability of advanced medical technologies are key factors spearheading this growth.

In recent years, there has been a spike in cases of prediabetes and diabetes in the United States. For instance, according to the Centers for Disease Control and Prevention (CDC), over 37.3 million people in the United States have diabetes. This will continue to create demand for glucose monitoring devices to manage the condition effectively.

Increased awareness of diabetes management, thanks to campaigns such as the American Diabetes Association's "Count Me" campaign, is calling for action. The use of blood glucose monitoring products continues to increase in the region as awareness grows and the importance of monitoring becomes clear, allowing people to better manage their condition and improve their consumption with full health.

The United States is also home to several leading glucose-monitoring device manufacturers who are striving to develop novel solutions. This will further boost market growth during the assessment period.

China Becoming Hotbed for Glucose Monitoring Product Manufacturers

China is becoming a hotbed for manufacturers owing to high patient pool, favorable government support, and escalating health awareness. As per the latest report, China market is poised to grow rapidly, with sales of glucose monitoring devices surging at 16.6% CAGR.

The glucose measurement industry in China has invested heavily in research and development (R&D) to promote the advancement of technology. These investments are significant and aim to push the boundaries of innovation in this field. One area of focus is the development of sensor technology.

Patients, doctors, and other stakeholders are increasingly looking for devices that provide greater accuracy, reliability, and usability. As a result, the Chinese market has seen rapid growth in the capacity of blood glucose meters, with each new generation of equipment providing better performance and performance.

Growing Geriatric Population Boosting Japan’s Market

Japan is anticipated to record a CAGR of 4.0% during the next decade. This is attributed to surging geriatric population, advances in glucose monitoring systems, and escalating popularity of home healthcare.

The blood sugar monitoring device market in Japan is also receiving a significant boost due to manufacturers offering insurance facilities for such devices. Several Japan-based companies are striving to make diabetes monitoring and management accessible to general public.

Notably, Terumo Corporation, a prominent player in the industry, announced on December 1, 2022, that reimbursement coverage within the Japanese medical insurance system has been extended for the Dexcom G6 CGM System. This development signifies a pivotal step forward in improving access to advanced continuous glucose monitoring technology for individuals managing diabetes in Japan.

Glucose Monitoring Device Industry Insights by Category and Use Case

The section below throws some light on top revenue-generation segments and their future growth rates. Companies can use this information to invest in popular products to stay ahead of the global market.

By product, self-monitoring devices currently dominate the market with a share of 57.9%, while the continuous monitoring devices segment is poised to record a CAGR of 14.7% through 2034. Based on indication, the diabetes type II segment will hold a market share of 72.4% in 2024 and further grow at 12.3% CAGR during the projection period.

Sales of Continuous Monitoring Devices to Outpace Self-monitoring Ones

Market Growth Outlook by Key Product

Product Value CAGR
Continuous Monitoring Devices 14.7%
Self-monitoring Devices 6.7%

As per the latest analysis, self-monitoring devices dominate the global market with a value share of 57.9% in 2024 and their demand is set to rise at 6.7% CAGR through 2034. This is attributable to their convenience, affordability, and other advantages.

Self-monitoring devices, such as test strips and glucometers, are convenient to use and are available at low costs compared to continuous glucose monitoring systems. As a result, they have become more accessible to a wide range of patients.

On the other hand, sales of continuous glucose monitoring devices are poised to rise at a higher CAGR of 14.7% through 2034. This is due to their capability to offer real-time data than traditional glucose monitoring products, thereby allowing for better diabetes management.

Technological advances in continuous glucose monitoring technology are making them user-friendly and more affordable. This, in turn, will encourage their adoption of diabetes monitoring and management, resulting in the target segment overtaking the self-monitoring one.

Diabetes Type II Generating Significant Demand for Glucose Monitoring Products

Market Growth Outlook by Key Indication

Indication Value CAGR
Diabetes Type I 6.2%
Diabetes Type II 12.3%
Gestational Diabetes 2.7%

The diabetes II segment will retain its market dominance throughout the forecast period, accounting for a share of 72.4% in 2024. It is projected to advance at 12.3% CAGR between 2024 and 2034.

High prevalence of diabetes type II is a prominent factor behind the success of the target segment. According to the International Diabetes Federation (IDF), more than 90% of people with diabetes have type 2 diabetes, resulting in higher demand for glucose monitoring products to manage this condition.

Diabetes is a global concern that is increasing the healthcare spending by individuals to tackle the disease on an earlier basis. This high spending includes the treatment and diagnosis processes using glucose monitoring products and other tools.

Given the high prevalence and economic impact of type 2 diabetes, there is a pressing need for comprehensive strategies aimed at curbing its progression and reducing associated healthcare expenditures. This, in turn, is positively impacting glucose monitoring device sales.

Competitive Landscape of the Global Glucose Monitoring Device Market

In the constantly evolving glucose monitoring device industry, several opportunities exist. In order to capitalize, key companies are innovating to develop novel glucose measuring and monitoring solutions. For instance, some companies are looking to develop apps that connect to glucose monitoring solutions for remote and continuous glucose monitoring.

New product launches and approvals are gaining popularity in the market. Similarly, players are implementing strategies like mergers, partnerships, distribution agreements, collaborations, and acquisitions to boost their sales and stay ahead of the competition.

Recent Developments in Glucose Monitoring Product Market

  • In August 2023, ACON Laboratories, Inc., headquartered in the United States, made the On Call® MultiPro System available for point-of-care testing in healthcare settings, offering rapid and accurate results, multi-language support, and connectivity options.
  • In February 2024, United States-based DexCom, Inc., a prominent player in real-time continuous glucose monitoring for individuals with diabetes, introduced their latest CGM system, the Dexcom ONE+.
  • In March 2024, the United States Food and Drug Administration (FDA) approved the marketing of the first OTC continuous glucose monitor.

Leading Companies in the Glucose Monitoring Device Sector – Overview and Strategy

  • Abbott Laboratories
  • Dexcom, Inc.
  • F. Hoffmann-La Roche Ltd
  • Medtronic
  • LifeScan IP Holdings, LLC
  • Ascensia Diabetes Care Holdings AG.
  • ARKRAY, Inc.
  • ACON Laboratories, Inc.
  • NIPRO
  • Nova Biomedical
  • Ypsomed
  • Prodigy Diabetes Care, LLC.
  • ForaCare, Inc.
  • Trividia Health, Inc.
  • AgaMatrix
  • Beurer GmbH
  • All Medicus Co., Ltd.
  • HMD
  • Bioland Technology Limited.
  • OakTree-Health.com
  • Biosense Technologies Private Limited
  • Senseonics
  • Medtrum Technologies Inc.
  • Taidoc Technology Corporation
  • B. Braun SE

Coverage Scope in Global Glucose Monitoring Device Market Intelligence Report

  • Market Penetration Strategies for Medical Equipment Manufacturers
  • Regional Analysis of Medical Devices Market
  • Market Dynamics Influencing Glucose Monitoring Device Sales
  • Projected Blood Glucose Monitoring System Market Revenue in India
  • Market Research on Efficacy and Accuracy of Blood Glucose Monitoring
  • Impact of Healthcare Policies on Glucose Monitoring Device Market
  • Market Analysis of Distribution Channels for Medical Devices
  • Detailed Market Segmentation of Medical Devices
  • Continuous Glucose Monitoring Systems Market Forecast in the United States
  • Market Perception of Convenience and Ease of Use of Glucose Monitoring Devices
  • Latest Blood Glucose Monitoring Sector Trends
  • Sales Analysis of Glucose Monitoring Devices in Developing Nations
  • Factors Influencing Medical Equipment Manufacturing Sector
  • Market Share of Glucose Monitoring Device Manufacturers

Segmentation Overview – by Device Type, by End Use, by Technology in Glucose Monitoring Device Market

By Product:

  • Continuous Monitoring Devices
    • Monitors
    • Sensors
    • Transmitters
  • Self-monitoring Devices

By Indication:

  • Diabetes Type I
  • Diabetes Type II
  • Gestational Diabetes

By End-user:

  • Hospitals
  • Clinics
  • Home Care Settings

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Key Market Trends
  • 4. Value-Added Insights
  • 5. Market Background
  • 6. Global Market Demand Volume (Thousand Units) & Value Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 7. Global Market - Pricing Assessment
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product
    • 8.1. Continuous Monitoring Devices
      • 8.1.1. Monitors
      • 8.1.2. Sensors
      • 8.1.3. Transmitters
    • 8.2. Self-monitoring Devices
  • 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Indication
    • 9.1. Diabetes Type I
    • 9.2. Diabetes Type II
    • 9.3. Gestational Diabetes
  • 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User
    • 10.1. Hospitals
    • 10.2. Clinics
    • 10.3. Home Care Settings
  • 11. Global Market: Cross Sectional Analysis - Product Vs Indication
  • 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 12.1. North America
    • 12.2. Latin America
    • 12.3. East Asia
    • 12.4. South Asia & Pacific
    • 12.5. Western Europe
    • 12.6. Eastern Europe
    • 12.7. Middle East & Africa
  • 13. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 14. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 16. South Asia & Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 17. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 18. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 19. Middle East & Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
  • 20. Market Structure Analysis
  • 21. Competition Analysis
    • 21.1. Abbott Laboratories
    • 21.2. Dexcom, Inc.
    • 21.3. F. Hoffmann-La Roche Ltd
    • 21.4. Medtronic
    • 21.5. LifeScan IP Holdings, LLC
    • 21.6. Ascensia Diabetes Care Holdings AG
    • 21.7. ARKRAY, Inc.
    • 21.8. ACON Laboratories, Inc.
    • 21.9. NIPRO
    • 21.10. Nova Biomedical
    • 21.11. Ypsomed
    • 21.12. Prodigy Diabetes Care, LLC
    • 21.13. ForaCare, Inc.
    • 21.14. Trividia Health, Inc.
    • 21.15. AgaMatrix
    • 21.16. Beurer GmbH
    • 21.17. All Medicus Co., Ltd.
    • 21.18. HMD
    • 21.19. Bioland Technology Limited
    • 21.20. OakTree-Health.com
    • 21.21. Biosense Technologies Private Limited
    • 21.22. Senseonics
    • 21.23. Medtrum Technologies Inc.
    • 21.24. Taidoc Technology Corporation
    • 21.25. B. Braun SE
  • 22. Assumptions and Acronyms Used
  • 23. Research Methodology

List of Tables

Table 1: Global Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 2: Global Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 3: Global Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 4: Global Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 5: North America Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 6: North America Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 7: North America Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 8: North America Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 9: North America Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 10: Latin America Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 11: Latin America Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 12: Latin America Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 13: Latin America Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 14: Latin America Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 15: East Asia Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 16: East Asia Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 17: East Asia Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 18: East Asia Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 19: East Asia Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 20: South Asia & Pacific Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 21: South Asia & Pacific Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 22: South Asia & Pacific Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 23: South Asia & Pacific Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 24: South Asia & Pacific Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 25: Western Europe Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 26: Western Europe Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 27: Western Europe Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 28: Western Europe Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 29: Western Europe Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 30: Eastern Europe Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 31: Eastern Europe Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 32: Eastern Europe Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 33: Eastern Europe Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 34: Eastern Europe Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

Table 35: Middle East & Africa Market Value (US$ billion) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country

Table 36: Middle East & Africa Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Product

Table 37: Middle East & Africa Market Volume (Units) Analysis and Forecast 2019 to 2034, by Product

Table 38: Middle East & Africa Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by Indication

Table 39: Middle East & Africa Market Value (US$ billion) Analysis and Forecast 2019 to 2034, by End User

List of Figures

Figure 1: Global Market Volume (Units), 2019 to 2023

Figure 2: Global Market Volume (Units) & Y-o-Y Growth (%) Analysis,

Figure 3: Market, Pricing Analysis per unit (US$), in 2024

Figure 4: Market, Pricing Forecast per unit (US$), in 2034

Figure 5: Global Market Value (US$ billion) Analysis, 2019 to 2023

Figure 6: Global Market Forecast & Y-o-Y Growth, 2024 to 2034

Figure 7: Global Market Absolute $ Opportunity (US$ billion) Analysis, 2024 to 2034

Figure 8: Global Market Value Share (%) Analysis 2023 and 2034, by Product

Figure 9: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Product

Figure 10: Global Market Attractiveness Analysis 2024 to 2034, by Product

Figure 11: Global Market Value Share (%) Analysis 2023 and 2034, by Indication

Figure 12: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Indication

Figure 13: Global Market Attractiveness Analysis 2024 to 2034, by Indication

Figure 14: Global Market Value Share (%) Analysis 2023 and 2034, by End User

Figure 15: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by End User

Figure 16: Global Market Attractiveness Analysis 2024 to 2034, by End User

Figure 17: Global Market Value Share (%) Analysis 2023 and 2034, by Region

Figure 18: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Region

Figure 19: Global Market Attractiveness Analysis 2024 to 2034, by Region

Figure 20: North America Market Value (US$ billion) Analysis, 2019 to 2023

Figure 21: North America Market Value (US$ billion) Forecast, 2024 to 2034

Figure 22: North America Market Value Share, by Product (2024 E)

Figure 23: North America Market Value Share, by Indication (2024 E)

Figure 24: North America Market Value Share, by End User (2024 E)

Figure 25: North America Market Value Share, by Country (2024 E)

Figure 26: North America Market Attractiveness Analysis by Product, 2024 to 2034

Figure 27: North America Market Attractiveness Analysis by Indication, 2024 to 2034

Figure 28: North America Market Attractiveness Analysis by End User, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 30: United States Market Value Proportion Analysis, 2023

Figure 31: Global Vs. United States Growth Comparison, 2024 to 2034

Figure 32: United States Market Share Analysis (%) by Product, 2024 to 2034

Figure 33: United States Market Share Analysis (%) by Indication, 2024 to 2034

Figure 34: United States Market Share Analysis (%) by End User, 2024 to 2034

Figure 35: Canada Market Value Proportion Analysis, 2024

Figure 36: Global Vs. Canada Growth Comparison, 2024 to 2034

Figure 37: Canada Market Share Analysis (%) by Product, 2024 to 2034

Figure 38: Canada Market Share Analysis (%) by Indication, 2024 to 2034

Figure 39: Canada Market Share Analysis (%) by End User, 2024 to 2034

Figure 40: Mexico Market Value Proportion Analysis, 2024

Figure 41: Global Vs. Mexico Growth Comparison, 2024 to 2034

Figure 42: Mexico Market Share Analysis (%) by Product, 2024 to 2034

Figure 43: Mexico Market Share Analysis (%) by Indication, 2024 to 2034

Figure 44: Mexico Market Share Analysis (%) by End User, 2024 to 2034

Figure 45: Latin America Market Value (US$ billion) Analysis, 2019 to 2023

Figure 46: Latin America Market Value (US$ billion) Forecast, 2024 to 2034

Figure 47: Latin America Market Value Share, by Product (2024 E)

Figure 48: Latin America Market Value Share, by Indication (2024 E)

Figure 49: Latin America Market Value Share, by End User (2024 E)

Figure 50: Latin America Market Value Share, by Country (2024 E)

Figure 51: Latin America Market Attractiveness Analysis by Product, 2024 to 2034

Figure 52: Latin America Market Attractiveness Analysis by Indication, 2024 to 2034

Figure 53: Latin America Market Attractiveness Analysis by End User, 2024 to 2034

Figure 54: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 55: Brazil Market Value Proportion Analysis, 2024

Figure 56: Global Vs. Brazil. Growth Comparison, 2024 to 2034

Figure 57: Brazil Market Share Analysis (%) by Product, 2024 to 2034

Figure 58: Brazil Market Share Analysis (%) by Indication, 2024 to 2034

Figure 59: Brazil Market Share Analysis (%) by End User, 2024 to 2034

Figure 60: Chile Market Value Proportion Analysis, 2024

Figure 61: Global Vs. Chile Growth Comparison, 2024 to 2034

Figure 62: Chile Market Share Analysis (%) by Product, 2024 to 2034

Figure 63: Chile Market Share Analysis (%) by Indication, 2024 to 2034

Figure 64: Chile Market Share Analysis (%) by End User, 2024 to 2034

Figure 65: East Asia Market Value (US$ billion) Analysis, 2019 to 2023

Figure 66: East Asia Market Value (US$ billion) Forecast, 2024 to 2034

Figure 67: East Asia Market Value Share, by Product (2024 E)

Figure 68: East Asia Market Value Share, by Indication (2024 E)

Figure 69: East Asia Market Value Share, by End User (2024 E)

Figure 70: East Asia Market Value Share, by Country (2024 E)

Figure 71: East Asia Market Attractiveness Analysis by Product, 2024 to 2034

Figure 72: East Asia Market Attractiveness Analysis by Indication, 2024 to 2034

Figure 73: East Asia Market Attractiveness Analysis by End User, 2024 to 2034

Figure 74: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 75: China Market Value Proportion Analysis, 2024

Figure 76: Global Vs. China Growth Comparison, 2024 to 2034

Figure 77: China Market Share Analysis (%) by Product, 2024 to 2034

Figure 78: China Market Share Analysis (%) by Indication, 2024 to 2034

Figure 79: China Market Share Analysis (%) by End User, 2024 to 2034

Figure 80: Japan Market Value Proportion Analysis, 2024

Figure 81: Global Vs. Japan Growth Comparison, 2024 to 2034

Figure 82: Japan Market Share Analysis (%) by Product, 2024 to 2034

Figure 83: Japan Market Share Analysis (%) by Indication, 2024 to 2034

Figure 84: Japan Market Share Analysis (%) by End User, 2024 to 2034

Figure 85: South Korea Market Value Proportion Analysis, 2023

Figure 86: Global Vs South Korea Growth Comparison, 2024 to 2034

Figure 87: South Korea Market Share Analysis (%) by Product, 2024 to 2034

Figure 88: South Korea Market Share Analysis (%) by Indication, 2024 to 2034

Figure 89: South Korea Market Share Analysis (%) by End User, 2024 to 2034

Figure 90: South Asia & Pacific Market Value (US$ billion) Analysis, 2019 to 2023

Figure 91: South Asia & Pacific Market Value (US$ billion) Forecast, 2024 to 2034

Figure 92: South Asia & Pacific Market Value Share, by Product (2024 E)

Figure 93: South Asia & Pacific Market Value Share, by Indication (2024E)

Figure 94: South Asia & Pacific Market Value Share, by End User (2024E)

Figure 95: South Asia & Pacific Market Value Share, by Country (2024 E)

Figure 96: South Asia & Pacific Market Attractiveness Analysis by Product, 2024

Figure 97: South Asia & Pacific Market Attractiveness Analysis by Indication,

Figure 98: South Asia & Pacific Market Attractiveness Analysis by End User, 2024 to 2034

Figure 99: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 100: India Market Value Proportion Analysis, 2024

Figure 101: Global Vs. India Growth Comparison, 2024 to 2034

Figure 102: India Market Share Analysis (%) by Product, 2024 to 2034

Figure 103: India Market Share Analysis (%) by Indication, 2024 to 2034

Figure 104: India Market Share Analysis (%) by End User, 2024 to 2034

Figure 105: ASEAN Countries Market Value Proportion Analysis, 2023

Figure 106: Global Vs. ASEAN Countries Growth Comparison, 2024 to 2034

Figure 107: ASEAN Countries Market Share Analysis (%) by Product, 2024 to 2034

Figure 108: ASEAN Countries Market Share Analysis (%) by Indication, 2024 to 2034

Figure 109: ASEAN Countries Market Share Analysis (%) by End User, 2024 to 2034

Figure 110: Australia & New Zealand Market Value Proportion Analysis, 2023

Figure 111: Global Vs. Australia & New Zealand Growth Comparison, 2024 to 2034

Figure 112: Australia & New Zealand Market Share Analysis (%) by Product, 2024 to 2034

Figure 113: Australia & New Zealand Market Share Analysis (%) by Indication, 2024 to 2034

Figure 114: Australia & New Zealand Market Share Analysis (%) by End User, 2024 to 2034

Figure 115: Western Europe Market Value (US$ billion) Analysis, 2019 to 2023

Figure 116: Western Europe Market Value (US$ billion) Forecast, 2024 to 2034

Figure 117: Western Europe Market Value Share, by Product (2024 E)

Figure 118: Western Europe Market Value Share, by Indication (2024 E)

Figure 119: Western Europe Market Value Share, by End User (2024 E)

Figure 120: Western Europe Market Value Share, by Country (2024 E)

Figure 121: Western Europe Market Attractiveness Analysis by Product, 2024 to 2034

Figure 122: Western Europe Market Attractiveness Analysis by Indication, 2024 to 2034

Figure 123: Western Europe Market Attractiveness Analysis by End User, 2024 to 2034

Figure 124: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 125: United Kingdom Market Value Proportion Analysis, 2023

Figure 126: Global Vs. United Kingdom Growth Comparison, 2024 to 2034

Figure 127: United Kingdom Market Share Analysis (%) by Product, 2024 to 2034

Figure 128: United Kingdom Market Share Analysis (%) by Indication, 2024 to 2034

Figure 129: United Kingdom Market Share Analysis (%) by End User, 2024 to 2034

Figure 130: Germany Market Value Proportion Analysis, 2023

Figure 131: Global Vs. Germany Growth Comparison, 2024 to 2034

Figure 132: Germany Market Share Analysis (%) by Product, 2024 to 2034

Figure 133: Germany Market Share Analysis (%) by Indication, 2024 to 2034

Figure 134: Germany Market Share Analysis (%) by End User, 2024 to 2034

Figure 135: Italy Market Value Proportion Analysis, 2023

Figure 136: Global Vs. Italy Growth Comparison, 2024 to 2034

Figure 137: Italy Market Share Analysis (%) by Product, 2024 to 2034

Figure 138: Italy Market Share Analysis (%) by Indication, 2024 to 2034

Figure 139: Italy Market Share Analysis (%) by End User, 2024 to 2034

Figure 140: France Market Value Proportion Analysis, 2023

Figure 141: Global Vs France Growth Comparison, 2024 to 2034

Figure 142: France Market Share Analysis (%) by Product, 2024 to 2034

Figure 143: France Market Share Analysis (%) by Indication, 2024 to 2034

Figure 144: France Market Share Analysis (%) by End User, 2024 to 2034

Figure 145: Spain Market Value Proportion Analysis, 2023

Figure 146: Global Vs Spain Growth Comparison, 2024 to 2034

Figure 147: Spain Market Share Analysis (%) by Product, 2024 to 2034

Figure 148: Spain Market Share Analysis (%) by Indication, 2024 to 2034

Figure 149: Spain Market Share Analysis (%) by End User, 2024 to 2034

Figure 150: Nordic Countries Market Value Proportion Analysis, 2023

Figure 151: Global Vs Nordic Countries Growth Comparison, 2024 to 2034

Figure 152: Nordic Countries Market Share Analysis (%) by Product, 2024 to 2034

Figure 153: Nordic Countries Market Share Analysis (%) by Indication, 2024 to 2034

Figure 154: Nordic Countries Market Share Analysis (%) by End User, 2024 to 2034

Figure 155: BENELUX Market Value Proportion Analysis, 2023

Figure 156: Global Vs BENELUX Growth Comparison, 2024 to 2034

Figure 157: BENELUX Market Share Analysis (%) by Product, 2024 to 2034

Figure 158: BENELUX Market Share Analysis (%) by Indication, 2024 to 2034

Figure 159: BENELUX Market Share Analysis (%) by End User, 2024 to 2034

Figure 160: Eastern Europe Market Value (US$ billion) Analysis, 2019 to 2023

Figure 161: Eastern Europe Market Value (US$ billion) Forecast, 2024 to 2034

Figure 162: Eastern Europe Market Value Share, by Product (2024 E)

Figure 163: Eastern Europe Market Value Share, by Indication (2024 E)

Figure 164: Eastern Europe Market Value Share, by End User (2024 E)

Figure 165: Eastern Europe Market Value Share, by Country (2024 E)

Figure 166: Eastern Europe Market Attractiveness Analysis by Product, 2024 to 2034

Figure 167: Eastern Europe Market Attractiveness Analysis by Indication, 2024 to 2034

Figure 168: Eastern Europe Market Attractiveness Analysis by End User, 2024 to 2034

Figure 169: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 170: Russia Market Value Proportion Analysis, 2023

Figure 171: Global Vs. Russia Growth Comparison, 2024 to 2034

Figure 172: Russia Market Share Analysis (%) by Product, 2024 to 2034

Figure 173: Russia Market Share Analysis (%) by Indication, 2024 to 2034

Figure 174: Russia Market Share Analysis (%) by End User, 2024 to 2034

Figure 175: Hungary Market Value Proportion Analysis, 2023

Figure 176: Global Vs Hungary Growth Comparison, 2024 to 2034

Figure 177: Hungary Market Share Analysis (%) by Product, 2024 to 2034

Figure 178: Hungary Market Share Analysis (%) by Indication, 2024 to 2034

Figure 179: Hungary Market Share Analysis (%) by End User, 2024 to 2034

Figure 180: Poland Market Value Proportion Analysis, 2023

Figure 181: Global Vs Poland Growth Comparison, 2024 to 2034

Figure 182: Poland Market Share Analysis (%) by Product, 2024 to 2034

Figure 183: Poland Market Share Analysis (%) by Indication, 2024 to 2034

Figure 184: Poland Market Share Analysis (%) by End User, 2024 to 2034

Figure 185: Middle East & Africa Market Value (US$ billion) Analysis, 2019 to 2023

Figure 186: Middle East & Africa Market Value (US$ billion) Forecast, 2024 to 2034

Figure 187: Middle East & Africa Market Value Share, by Product (2024 E)

Figure 188: Middle East & Africa Market Value Share, by Indication (2024E)

Figure 189: Middle East & Africa Market Value Share, by End User (2024E)

Figure 190: Middle East & Africa Market Value Share, by Country (2024 E)

Figure 191: Middle East & Africa Market Attractiveness Analysis by Product, 2024

Figure 192: Middle East & Africa Market Attractiveness Analysis by Indication,

Figure 193: Middle East & Africa Market Attractiveness Analysis by End User, 2024 to 2034

Figure 194: Middle East & Africa Market Attractiveness Analysis by Country, 2024 to 2034

Figure 195: Saudi Arabia Market Value Proportion Analysis, 2024

Figure 196: Global Vs Saudi Arabia Growth Comparison, 2024 to 2034

Figure 197: Saudi Arabia Market Share Analysis (%) by Product, 2024 to 2034

Figure 198: Saudi Arabia Market Share Analysis (%) by Indication, 2024 to 2034

Figure 199: Saudi Arabia Market Share Analysis (%) by End User, 2024 to 2034

Figure 200: Türkiye Market Value Proportion Analysis, 2024

Figure 201: Global Vs. Türkiye Growth Comparison, 2024 to 2034

Figure 202: Türkiye Market Share Analysis (%) by Product, 2024 to 2034

Figure 203: Türkiye Market Share Analysis (%) by Indication, 2024 to 2034

Figure 204: Türkiye Market Share Analysis (%) by End User, 2024 to 2034

Figure 205: South Africa Market Value Proportion Analysis, 2023

Figure 206: Global Vs. South Africa Growth Comparison, 2024 to 2034

Figure 207: South Africa Market Share Analysis (%) by Product, 2024 to 2034

Figure 208: South Africa Market Share Analysis (%) by Indication, 2024 to 2034

Figure 209: South Africa Market Share Analysis (%) by End User, 2024 to 2034

Figure 210: Other African Union Market Value Proportion Analysis, 2024

Figure 211: Global Vs Other African Union Growth Comparison, 2024 to 2034

Figure 212: Other African Union Market Share Analysis (%) by Product, 2024 to 2034

Figure 213: Other African Union Market Share Analysis (%) by Indication, 2023

Figure 214: Other African Union Market Share Analysis (%) by End User, 2024 to 2034

Frequently Asked Questions

How big is the glucose monitoring device market?

The global market is estimated to be valued at USD 16.2 billion in 2024.

What is the sales forecast for glucose monitoring devices?

Global sales are projected to soar at 10.6% CAGR through 2034.

What is the predicted market size for 2034?

By 2034, the global market size is forecast to reach USD 44.6 billion.

What are the top 5 countries driving demand for glucose monitoring devices?

The United States, China, Japan, Germany, and India.

What was the historical CAGR for the market?

From 2019 to 2023, the target market grew at a CAGR of 9.1%.

What is the market for glucose sensors?

The global glucose sensor market size is set to reach USD 16,382 million by 2032.

What is the size of glucose monitoring market in India?

India’s market size is projected to reach USD 905.4 million in 2024.

What is the market trend for continuous glucose monitoring?

The global continuous glucose monitoring system market is poised to grow at 25.1% CAGR.

Explore Similar Insights

Future Market Insights

Glucose Monitoring Device Market