Global Blood Glucose Monitoring Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Self-monitoring Devices(Blood glucose meter, Testing Strips, and Lancets), Continuous Blood Glucose Monitoring Devices(Sensors, Transmitter & Receiver, and Lancets).

By Indication;

Diabetes Type I, Diabetes Type II, Gestational Diabetes.

By End-use;

Hospitals, Home Care, and Diagnostic Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn674066890 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Blood Glucose Monitoring Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Blood Glucose Monitoring Devices Market was valued at USD 16,645.87 million. The size of this market is expected to increase to USD 28,713.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.1%.

The global blood glucose monitoring devices market has experienced significant growth over the past decade, driven by the increasing prevalence of diabetes worldwide. Advances in technology have played a crucial role in enhancing the accuracy, convenience, and accessibility of these devices, which range from traditional blood glucose meters to continuous glucose monitoring (CGM) systems. The rise in diabetes cases, partly due to aging populations and lifestyle changes, has spurred demand for reliable and user-friendly monitoring solutions. Increased health awareness and the growing emphasis on proactive disease management have encouraged more individuals to adopt regular blood glucose monitoring as an integral part of their daily health regimen.

The market is witnessing a surge in innovative product developments and strategic collaborations among key players aimed at expanding their product portfolios and geographical reach. The integration of digital health technologies, such as mobile apps and cloud-based platforms, with blood glucose monitoring devices has further revolutionized diabetes management by enabling real-time data tracking and remote healthcare support. This trend is supported by favorable government initiatives and policies that promote the use of advanced medical devices to improve patient outcomes. As a result, the global blood glucose monitoring devices market is poised for continued expansion, with ongoing advancements and increasing adoption propelling it forward.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Indication
    3. Market Snapshot, By End-use
    4. Market Snapshot, By Region
  4. Global Blood Glucose Monitoring Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increase in sedentary lifestyles
        2. Rising obesity rates
        3. Demand for minimally invasive devices
        4. Enhanced diagnostic accuracy
      2. Restraints
        1. Resistance to new technologies
        2. Strict regulatory requirements
        3. Risk of device-related infections
      3. Opportunities
        1. Opportunities in wearable technology
        2. Expansion of home healthcare services
        3. Promotion of diabetes education programs
        4. Expansion of e-commerce platforms
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blood Glucose Monitoring Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Self-monitoring Devices
        1. Lancets
        2. Testing Strips
        3. Blood Glucose Meter
      2. Continuous Blood Glucose monitoring devices
        1. Sensors
        2. Transmitter & Receiver
        3. Lancets
    2. Global Blood Glucose Monitoring Devices Market, By Indication, 2021 - 2031 (USD Million)
      1. Diabetes Type I
      2. Diabetes Type II
      3. Gestational Diabetes
    3. Global Blood Glucose Monitoring Devices Market, By End-use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Home Care
      3. Diagnostic Centers
    4. Global Blood Glucose Monitoring Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Medtronic plc
      2. F. Hoffmann-La Roche Ltd
      3. Bayer AG
      4. Lifescan, Inc.
      5. B. Braun Melsungen AG,
      6. Dexcom, Inc.
      7. Sanofi
      8. Abbott Laboratories
      9. Ascensia Diabetes Care Holdings AG
      10. Intuity Medical
  7. Analyst Views
  8. Future Outlook of the Market