Blood Glucose Monitoring Devices Market

The global self monitoring blood glucose devices market size is expected to gain market growth in the forecast period of 2020 to 2025 with a cagr of 3 2 in the forecast period of 2020 to 2025. Global blood glucose monitoring system market size share trends analysis report by product type conventional bgm devices and continuous bgm devices usage type personal bgm devices and professional bgm devices distribution channel retail stores and. The blood glucose monitoring device market is anticipated to reach over usd 2 61 billion by 2026 according to a new research published by the market research report.

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Key factors driving this market are rising incidence of diabetes coupled with increasing geriatric population prone to diabetes.

Blood glucose monitoring devices market.

London business wire technavio has been monitoring the blood glucose monitoring devices market and it is poised to grow by usd 15 60 billion during 2020 2024 progressing at a cagr of almost. The global blood glucose monitoring devices market size was valued at usd 10 4 billion in 2018 and is projected to exhibit a cagr of 7 1 during the forecast period. By type the global market segments include wearable and non wearable. Based on the product the blood glucose meter market segments include continuous glucose monitoring devices and self monitoring blood glucose systems.

Blood glucose monitroing system market size to cross usd 25 billion by 2024 growing at a cagr of over 9 during the forecast period. On the basis of technique the market is categorized into invasive and non invasive.