Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Blood Glucose Measurement Market: By Product Continuous Glucose Measurement Devices) By End-User Region Forecast 2020-2031
Blood Glucose Measurement Market size was valued at US$ 17.4 billion in 2024 and is to grow at a CAGR of 10.1% from 2025-2031. Diabetes mellitus is a group of diseases that affects blood sugar (glucose) levels in the body. Glucose is very important for health as it's a vital energy source of the cells which is helpful to build the muscles and tissues. The market is one of the sources to fuel brain activities. Diabetes is characterized by increased levels of glucose in the blood. Blood glucose measuring devices help patients and healthcare professionals measure the glucose levels in the blood.
The market is driven by the high incidence of diabetes worldwide. According to the World Health Organisation (WHO), the prevalence of diabetes among adults about 18 years, old rose from 4.7% to 8.5% from 2012 to 2014 and diabetes is the 7th leading cause of death. In addition to these factors, the rise in advancements in technology like the evolution of continuous glucose monitoring devices are boosting the growth of the market.
Moreover, the rise in demand for portable self-glucose measuring devices, the rise in investments and activities in R&D, and funds from the government in preventing and treating diabetes are boosting the growth of blood glucose measurement devices. Frequent product recalls of glucose testing strips owing to the manufactural defects and supply of test strips which are, less differentiated products among the self-blood glucose monitors are some of the factors that are hampering the growth of blood glucose measurement devices. Due to limited facilities of reimbursement and availability of alternative treatments which include cell-based assays, identification of biomarkers and artificial pancreas and high costs of the devices are the few threats for the growth of the market.
Study Period
2025-2031Base Year
2024CAGR
10.1%Largest Market
EuropeFastest Growing Market
North-America
Market players are investing heavily to innovate products in order to maintain their position in the market, acquisitions and collaborations are the key strategies are used by the market players in order to increase the market share of the companies. For example, in 2017, Abbott Laboratories entered an agreement with Bigfoot Biomedical to commercialize and develop the diabetes management systems and also a Switzerland based company Ascensia Diabetes Care entered partnership with Medtronic to develop and market the diabetes management solutions.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market Size in 2024 |
US$ 17.4 billion |
Market CAGR |
10.1% |
By Product Type |
|
By End User |
|
By Region |
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The blood glucose measurement market size was valued at US$ 17.4 billion in 2024 and is to grow at a CAGR of 10.1% from 2025-2031.
The market's key players are: Abbott Laboratories (U.S.) ARKRAY (Japan) Medtronic (U.S.) Bayer AG (Germany) Dexcom, Inc. (U.S.) Hoffmann-La Roche Ltd (Switzerland) Johnson and Johnson Services Inc. (U.S.) Terumo Medical Corporation (U.S.)
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Blood Glucose Measurement Market Introduction |
2.1.Global Blood Glucose Measurement Market - Taxonomy |
2.2.Global Blood Glucose Measurement Market - Definitions |
2.2.1.Product Type |
2.2.2.End Users |
2.2.3.Region |
3. Global Blood Glucose Measurement Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Blood Glucose Measurement Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Blood Glucose Measurement Market By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
5.1. Self-Glucose Measurement Devices |
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Blood Glucose Meter |
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Blood Glucose Testing Strips |
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Lancets, Others |
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Continuous Glucose Measurement Devices |
5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Blood Glucose Measurement Market By End Users, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
6.1. Hospitals |
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Diagnostic Centres |
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Home Settings |
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Blood Glucose Measurement Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. North America Blood Glucose Measurement Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
8.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Self-Glucose Measurement Devices |
8.1.2.Blood Glucose Meter |
8.1.3.Blood Glucose Testing Strips |
8.1.4.Lancets, Others |
8.1.5.Continuous Glucose Measurement Devices |
8.2. End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Hospitals |
8.2.2.Diagnostic Centres |
8.2.3.Home Settings |
8.2.4.Others |
8.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9. Europe Blood Glucose Measurement Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Self-Glucose Measurement Devices |
9.1.2.Blood Glucose Meter |
9.1.3.Blood Glucose Testing Strips |
9.1.4.Lancets, Others |
9.1.5.Continuous Glucose Measurement Devices |
9.2. End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Hospitals |
9.2.2.Diagnostic Centres |
9.2.3.Home Settings |
9.2.4.Others |
9.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10. Asia Pacific (APAC) Blood Glucose Measurement Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Self-Glucose Measurement Devices |
10.1.2.Blood Glucose Meter |
10.1.3.Blood Glucose Testing Strips |
10.1.4.Lancets, Others |
10.1.5.Continuous Glucose Measurement Devices |
10.2. End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Hospitals |
10.2.2.Diagnostic Centres |
10.2.3.Home Settings |
10.2.4.Others |
10.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11. Middle East and Africa (MEA) Blood Glucose Measurement Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Self-Glucose Measurement Devices |
11.1.2.Blood Glucose Meter |
11.1.3.Blood Glucose Testing Strips |
11.1.4.Lancets, Others |
11.1.5.Continuous Glucose Measurement Devices |
11.2. End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Hospitals |
11.2.2.Diagnostic Centres |
11.2.3.Home Settings |
11.2.4.Others |
11.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12. Latin America Blood Glucose Measurement Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Self-Glucose Measurement Devices |
12.1.2.Blood Glucose Meter |
12.1.3.Blood Glucose Testing Strips |
12.1.4.Lancets, Others |
12.1.5.Continuous Glucose Measurement Devices |
12.2. End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Hospitals |
12.2.2.Diagnostic Centres |
12.2.3.Home Settings |
12.2.4.Others |
12.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Abbott Laboratories (U.S.) |
13.2.2.ARKRAY (Japan) |
13.2.3.Medtronic (U.S.) |
13.2.4.Bayer AG (Germany) |
13.2.5.Dexcom, Inc. (U.S.) |
13.2.6.Hoffmann-La Roche Ltd (Switzerland) |
13.2.7.Johnson and Johnson Services Inc. (U.S.) |
13.2.8.Terumo Medical Corporation (U.S.) |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players