North America Self-monitoring Blood Glucose Devices Market Size & Share 2025 - 2034
Market Size by Product, by Application, by End Use, Growth Forecast.
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Market Size by Product, by Application, by End Use, Growth Forecast.
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Starting at: $1,950
Base Year: 2024
Companies Profiled: 15
Tables & Figures: 46
Countries Covered: 2
Pages: 105
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North America Self-monitoring Blood Glucose Devices Market
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North America Self-monitoring Blood Glucose Devices Market Size
The North America self-monitoring blood glucose devices market was valued at USD 7.6 billion in 2024. The market is projected to grow from USD 8.2 billion in 2025 to USD 22.2 billion by 2034, expanding at a CAGR of 11.6%, according to the latest report published by Global Market Insights Inc.
North America Self-monitoring Blood Glucose Devices Market Key Takeaways
Market Size & Growth
Regional Dominance
Key Market Drivers
Challenges
Opportunity
Key Players
This steady growth is stimulated by various factors such as the growing prevalence of diabetes across the North America, rising technological advancements in self-monitoring blood glucose devices, and increased healthcare spending and accessibility. Self-monitoring blood glucose devices are medical instruments used by individuals with diabetes to measure and monitor their glucose levels regularly. These devices enable patients to manage their condition effectively by providing real-time data on blood sugar levels, helping them make informed decisions about diet, physical activity, and medication. Major companies in the industry include F. Hoffmann-La Roche, Abbott Laboratories, Ascensia Diabetes Care Holdings, LifeScan, and Sinocare.
The market increased from USD 5.8 billion in 2021 to USD 7 billion in 2023, largely due to rapid technological advancements in self-monitoring blood glucose devices. Improvements in accuracy, ease of use, and patient engagement have significantly transformed diabetes care. Innovations such as compact and highly precise glucose meters, Bluetooth-enabled data sharing, and integration with mobile health platforms have not only enhanced disease management but also broadened the user base by making monitoring more accessible and personalized. These developments are propelling market growth by making SMBG solutions smarter, more connected, and centered around patient needs.
The growing incidence of diabetes across regions has notably increased the demand for efficient monitoring and management tools. As more people are diagnosed with diabetes, the need for advanced healthcare technologies, such as self-monitoring blood glucose devices, which is estimated to reach USD 59.1 billion by 2034, insulin delivery systems, and digital health platforms, continues to rise, fueling innovation and investment in these areas.
For instance, according to the data from the Centers for Disease Control and Prevention (CDC) in 2021, in the U.S. alone, 38.4 million people of all ages, equivalent to 11.6% of the U.S. population, had diabetes, among them 38.1 million were adults of 18 years or older, representing 14.7% of the U.S. adult population. This substantial patient base highlights the urgent need for scalable diabetes care technology. Therefore, this increasing burden of diabetes is accelerating the growth of the self-monitoring blood glucose devices market.
Self-monitoring blood glucose (SMBG) devices are tools that allow individuals with diabetes to regularly check their own blood glucose levels to make informed decisions about their treatment, diet, and physical activity. These devices, such as blood glucose meters, typically require a small blood sample obtained via a lancet, a test strip, and the meter itself, to display a blood glucose reading. SMBG helps manage diabetes by providing real-time data to control blood sugar, prevent complications, and adjust therapy as needed.
North America Self-monitoring Blood Glucose Devices Market Trends
North America Self-monitoring Blood Glucose Devices Market Analysis
The North America self-monitoring blood glucose devices market was valued at USD 5.8 billion in 2021. The market size reached USD 7 billion in 2023, from USD 6.4 billion in 2022.
Based on product, the market is segmented into self-monitoring blood glucose meters and consumables. The consumables segment is further bifurcated into testing strips and lancets. The consumables segment held leading position in the market, accounting for USD 4.2 billion in 2024. In comparison, the self-monitoring blood glucose meters segment, valued at USD 3.3 billion in 2024, is expected to grow to USD 10.1 billion by 2034.
Based on applications, the North America self-monitoring blood glucose devices market is segmented into type 1 diabetes, type 2 diabetes, and gestational diabetes. The type 2 diabetes emerged as a dominant segment in the market, accounting for 69.4% of revenue share in 2024 and is expected to reach USD 15.6 billion by 2034.
Based on end use, the self-monitoring blood glucose devices market is segmented into hospitals, ambulatory surgical centers, diagnostic centers, homecare, and other end users. Homecare accounted for the largest revenue share of 37.7% in 2024. Hospitals have become the fastest-growing segment in the North America self-monitoring blood glucose (SMBG) device market, as they are vital in managing diabetes-related complications in acute-care settings.
The U.S. self-monitoring blood glucose devices market was valued at USD 5.4 billion and USD 5.9 billion in 2021 and 2022 respectively. In 2024 the market size reached USD 7 billion from USD 6.4 billion in 2023.
Canada self-monitoring blood glucose devices market accounted for USD 598.1 million in 2024 and is anticipated to show lucrative growth over the forecast period.
North America Self-monitoring Blood Glucose Devices Market Share
North America Self-monitoring Blood Glucose Devices Market Companies
Few of the prominent players operating in the North America self-monitoring blood glucose devices industry include:
Abbott Laboratories is a healthcare company known for its innovative and connected glucose monitoring technologies, with a market share of 2.6% in 2024. It focuses on accuracy and ease of use to support both clinical and personal diabetes management. The company emphasizes accessibility and convenience to help individuals manage their condition more effectively.
B. Braun Melsungen is a healthcare company recognized for its clinically focused and reliable diabetes care solutions. The company also integrates its tools with broader patient management systems to ensure consistent monitoring and treatment.
Bionime Corporation is a healthcare company focused on delivering intelligent and user-friendly diabetes monitoring solutions. It emphasizes accuracy, digital integration, and personalized care through its advanced data management technologies. Bionime’s approach supports efficient self-monitoring and empowers users with tools for better treatment decisions
8.9%
Collective market share in 2024 is 26.2%
North America Self-monitoring Blood Glucose Devices Industry News:
The North America self-monitoring blood glucose devices market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and from 2021 - 2034 for the following segments:
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Market, By Product
Market, By Application
Market, By End Use
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