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Self-monitoring Blood Glucose Devices Market Size
- Report ID: GMI2743
- Published Date: Mar 2023
- Report Format: PDF
Self-monitoring Blood Glucose Devices Market Size
Self-monitoring Blood Glucose Devices Market size was worth more than USD 24.3 billion in 2022 and is anticipated to expand at over 9.5% CAGR from 2023-2032. Growing awareness regarding at-home diabetes management is expected to complement the market expansion.
Rising prevalence of diabetes worldwide is expected to have a significant impact on the self-monitoring blood glucose devices industry dynamics. The emergence of fast-paced lifestyles and unhealthy dietary habits, including the increasing consumption of alcohol and tobacco have accelerated the expansion of the patient pool suffering from diabetes. According to the data published by the International Diabetes Federation (IDF) in November 2022, India is expected to house a massive patient population with more than 92 million people suffering from diabetes by 2030.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Self-monitoring Blood Glucose Devices Market Size in 2022: | USD 24.3 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 9.6% |
| 2032 Value Projection: | USD 62.3 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 182 |
| Tables, Charts & Figures: | 285 |
| Segments covered: | Product, Application, Distribution Channel, and Region |
| Growth Drivers: | |
| Pitfalls & Challenges: |
Frequently Asked Questions (FAQ) :
Self-monitoring Blood Glucose Devices Market Scope
