The global glucose meter market size is expected to reach USD 18.05 billion in 2028 and register a revenue CAGR of 9.4% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is significantly spurred by surging demand for blood glucose meters among people with Type 1, Type 2, or gestational, or latent autoimmune diabetes. Other major factors prompting growth of the global glucose meter market are rise in global geriatric population, increasing prevalence of obesity and other lifestyle-induced conditions, rising demand for non-invasive glucose meters, and introduction of technologically advanced blood glucose meters with cutting-edge features and higher affordability.
The latest report extensively assesses this particular business sphere and, simultaneously, elaborates on production and consumption aspects of the market. In the later sections of the report, numerous factors, including market drivers, opportunities, restraints, and challenges, have been discussed at length. The authors have meticulously performed the SWOT analysis and Porter’s Five Forces analysis to help the reader clearly interpret the competitive hierarchy of the global Glucose Meter market as well as distinguish the top market contenders from the others.
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Top Companies Profiled in this Report are:
Roche Diagnostics, Medtronic plc., Johnson and Johnson, Bayer AG, Abbott Laboratories, Omron, Arkray, Inc., Grace, B. Braun, i-SENS, Inc., DiaMonTech GmbH, Infopia Co., Ltd, Hainice Medical Inc., Mendor, All Medicus Co, Ltd, 77 Elektronika Kft, Delta Group, Ok Biotech, Medisana, Nova Biomedical, Oak Tree Health, Inc., Omnis Health, Simple Diagnostics, US Diagnostics, SD Biosensor, Nipro Diagnostics, Sannuo Biological Sensing Co. Ltd., Yuwell Medical, and Yicheng.
COVID-19 Impact Assessment
The Glucose Meter market report is the first document to cover the current scenario of the global Glucose Meter market that is brawling with the adverse economic effects of the ongoing COVID-19 pandemic. Besides affecting countless lives across the world, the pandemic has wreaked major disruptions to this otherwise lucrative business sector. The latest report thoroughly studies the current situation of the market and the unfavorable impact of the pandemic on its crucial segments and sub-segments.
This section underscores the leading players in this business space, the current market state, disrupted supply chains, and the key sales and distribution channels in the context of the COVID-19 pandemic. Additionally, the global Glucose Meter market study discovers a wide array of business-centric strategies adopted by leading market players to gain robust traction in the post-COVID market situation.
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For the purpose of this report, the global glucose meter market is segmented based on product, type, testing site, technique, application, distribution channel, and region:
Product Outlook (Revenue, USD Billion; 2018-2028)
- Self-monitoring Blood Glucose Systems
- Continuous Glucose Monitoring Systems
Type Outlook (Revenue, USD Billion; 2018-2028)
- Wearable
- Non-wearable
Testing Site Outlook (Revenue, USD Billion; 2018-2028)
- Fingertip Testing
- Alternate Site Testing
Technique Outlook (Revenue, USD Billion; 2018-2028)
- Invasive
- Non-invasive
Application Outlook (Revenue, USD Billion; 2018-2028)
- Hospitals
- Diagnostic Centers
- Home Care
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Retail Pharmacies
- Hospital Pharmacies
- Online Pharmacies
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Major Highlights:
- The study analyzes various manufacturing processes of the product.
- It further examines the consumption volume and patterns of the product types.
- The report provides actionable insights into the production capacity, estimated growth, and regional market revenues amassed over the forecast period.
- The report encompasses vital information on market dynamics, such as product pricing patterns, the total revenue generated, and anticipated growth rate.
- The report highlights the competitive spectrum of the global Glucose Meter market, focusing on the company profiles of top market rivals.
- The report emphasizes the product portfolios as well as respective specifications and applications of these products of each market player.
- Furthermore, production capacities, gross margins, manufacturing costs, pricing models, and revenue shares of these market players have also been discussed.
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