Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Blood Glucose Monitoring Devices Market Size to Reach Revenues of around USD 37 Billion by 2026 - Arizton

This image opens in the lightbox

News provided by

Arizton Advisory & Intelligence

08 Dec, 2020, 14:00 GMT

Share this article

Share toX

Share this article

Share toX

CHICAGO, Dec. 8, 2020 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global blood glucose monitoring devices market report.

The global blood glucose monitoring devices market is expected to grow at a CAGR of over 12% during the period 2020−2026.

Key Highlights Offered in the Report:  

  1. The COVID-19 pandemic the demand for diabetic patients to self-monitor their blood glucose levels is fueling the growth for self-monitoring blood glucose monitors in the market.
  2. The patients undergoing surgeries during the COVID-19 and admitted in hospitals have started using their own self-monitoring blood glucose monitors in-order to prevent the spread of the disease among patients.
  3. The usage of continuous glucose monitoring (CGM) devices the patients in the long-term care and patients undergoing surgeries requiring postoperative blood glucose level monitoring has increased the demand for the CGM devices in the market.
  4. The US accounted for around 38% globally and more than 92% in the North American region.
  5. The conventional blood glucose monitoring devices accounted for the largest share, accounting for more than 78% in the market in 2019.
  6. The number of individuals using the blood glucose monitors have increased due to the COVID-19 pandemic. This segment is further expected to witness an absolute growth of more than 108% during the forecast period.
  7. The online distribution channel accounted for the largest share with over 57% in the market in 2019. 
  8. The competition between the region players and global players in the self-monitoring blood glucose devices segment are increasing constantly as many products are approved in the market for use.

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product, end-users, usage, distribution channels, and geography
  • Competitive Landscape – 6 key vendors and 36 other vendors

Get your sample today! https://www.arizton.com/market-reports/blood-glucose-monitoring-devices-market-2024 

Blood Glucose Monitoring Devices Market – Segmentation

  • The continuous glucose monitoring (CGM) market size is expected to reach over $15 billion by 2026. CGM devices provide real-time and dynamic information of the speed and direction of the patient's sugar levels.
  • A high prevalence of diabetes and changes in lifestyles have increased the usage of personal glucose monitoring devices. The need to monitor blood sugar levels is increasing the usage of these devices. Advances in technology have been playing an important role in the proliferation of BGM devices.
  • The online channel is growing significantly in developing countries such as India and China. The increased competition among online vendors has affected the device cost, with high discounts driving consumers to opt for online stores. With the increasing smartphone usage in developing countries, the online distribution channel is likely to emerge as an important distribution channel.

Blood Glucose Monitoring Devices Market by Product

  • Conventional (BGM) Devices
    • Blood Glucose Meters & Software
    • Test Strips
    • Lancing Devices & Lancets
  • Continuous (CGM) Devices
    • Disposable Sensors
    • Reusable Hardware

Blood Glucose Monitoring Devices Market by Usage

  • Personal BGM Devices
  • Professional BGM Devices

Blood Glucose Monitoring Devices Market by End-user

  • Hospitals
  • Individuals
  • Others

Blood Glucose Monitoring Devices Market by Distribution Channel

  • Offline Stores
  • Online Stores

Blood Glucose Monitoring Devices Market – Dynamics

The global blood glucose monitoring devices market is growing at a significant rate due to demand for self-care/homecare devices and the prevalence of diabetes. With an increase in the sales of blood glucose meters, test strips, and lancets on a regular basis, the market offers tremendous growth opportunities for global, regional, and local players. As a result, many vendors strategically focus on the development and commercial launches of BGM devices for regular blood glucose monitoring. New product approvals/launches coupled with R&D activities, help vendors expand their presence, enhance market growth, and sustain their market position in the market. Vendors are actively launching innovative devices to penetrate and tap the huge growth potential of the market.

Key Drivers and Trends fueling Market Growth:

  • COVID-19 Pandemic Boosts Demand for Self-Monitoring Devices
  • Emergence of Non-invasive Blood Glucose Monitoring Devices
  • Technological Advances in Blood Glucose Monitoring
  • Availability of Mobile Applications & Data Integrations Platforms

Blood Glucose Monitoring Devices Market – Geography

North America dominated the market due to its developed healthcare infrastructure and high awareness among patients. The use of CMG systems and self-monitoring blood glucose systems are high among patients. In Europe, the use of BGM devices is not uniformly distributed as the major countries cover BGM devices under insurance, whereas certain eastern European countries compel patients to pay out of pocket for BGM devices. The US and Canada accounted for a major share of the blood glucose market. The adoption of blood glucose monitoring devices is extremely high in the US compared with other countries. Due to the reimbursement of BGM devices, the use of these devices has risen in the region.

Get your sample today! https://www.arizton.com/market-reports/blood-glucose-monitoring-devices-market-2024 

Blood Glucose Monitoring Devices Market by Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • South Korea
    • Australia
    • India
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Columbia
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Turkey
    • Iran

Major Vendors

  • Abbott
  • Hoffmann-La Roche
  • DexCom
  • Medtronic
  • Ascensia Diabetes Care Holdings
  • LifeScan

Other Prominent Vendors

  • 77 Elektronika Kft
  • Menarini Diagnostics
  • ARKRAY
  • ApexBio
  • ACON
  • AgaMatrix
  • Alliance International
  • Andon Health
  • Braun Melsungen
  • Bionime
  • Beurer
  • Bioptik
  • EASYMAX
  • ForaCare
  • Hannox International
  • Integrity Applications
  • i-SENS
  • MED TRUST
  • Nova Biomedical
  • Nemaura
  • OK Biotech
  • OSANG Healthcare
  • Sanofi
  • Terumo
  • Trividia Health
  • Rossmax International
  • Ypsomed

Explore our healthcare & lifesciences profile to know more about the industry.

Read some of the top-selling reports:

  • Benign Prostatic Hyperplasia (BPH) Devices Market - Global Outlook and Forecast 2020-2025
  • Rapid Diagnostics Market - Global Outlook and Forecast 2020-2025
  • Ureteral Stents Market - Global Outlook and Forecast 2021-2026
  • COVID-19 Diagnostics Market - Global Outlook and Forecast 2021-2026

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com 
Call: +1-312-235-2040
+1 302 469 0707

Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.