Global Glucose Meter Market Growth 2025-2031
Description
The global Glucose Meter market size is predicted to grow from US$ 1501 million in 2025 to US$ 2194 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.
Glucose Meter is a medical device for determining the approximate concentration of glucose in the blood. It can also be a strip of glucose paper dipped into a substance and measured to the glucose chart. It is a key element of home blood glucose monitoring (HBGM) by people with diabetes mellitus or hypoglycemia. A small drop of blood, obtained by pricking the skin with a lancet, is placed on a disposable test strip that the meter reads and uses to calculate the blood glucose level. The meter then displays the level in mg/dl or mmol/l.
The glucose meter market is driven by the rising prevalence of diabetes worldwide, which has created a growing demand for convenient and accurate home-based monitoring of blood glucose levels. As the number of people diagnosed with diabetes increases, there is an increasing need for personal health management tools that can provide real-time data and help individuals manage their condition effectively. Additionally, advancements in glucose meter technology, such as improved accuracy, ease of use, and connectivity with smartphones and health apps, have further boosted the adoption of these devices. The growing awareness of the importance of diabetes management and preventive healthcare is also contributing to the market's expansion.
However, the glucose meter market faces challenges such as the high cost of continuous glucose monitoring systems and the need for regular calibration of traditional glucose meters. While the devices are essential for diabetes management, the ongoing costs of test strips and lancets can be a barrier, particularly for people without adequate healthcare coverage. Moreover, the market is highly competitive, with several new technologies emerging, such as non-invasive glucose monitoring devices, which could potentially disrupt the traditional glucose meter market. These factors may slow down the growth of the market and create barriers for some consumers.
LP Information, Inc. (LPI) ' newest research report, the “Glucose Meter Industry Forecast” looks at past sales and reviews total world Glucose Meter sales in 2024, providing a comprehensive analysis by region and market sector of projected Glucose Meter sales for 2025 through 2031. With Glucose Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glucose Meter industry.
This Insight Report provides a comprehensive analysis of the global Glucose Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glucose Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Glucose Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glucose Meter and breaks down the forecast by Technology, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glucose Meter.
This report presents a comprehensive overview, market shares, and growth opportunities of Glucose Meter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Technology:
Glucose Oxidase Method
Glucose Dehydrogenase Method
Other Type
Segmentation by Application:
Medical
Home Care
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Roche
Johnson & Johnson
Abbott
Ascensia
ARKRAY
I-SENS
OMRON
B. Braun Medical
77 Elektronika
AgaMatrix
ALL Medicus
Terumo Corporation
Sinocare
Beijing Yicheng
Yuyue Group
ACON Laboratories
Sinomedisite
Vivacheck
Andon
Wondfo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glucose Meter market?
What factors are driving Glucose Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glucose Meter market opportunities vary by end market size?
How does Glucose Meter break out by Technology, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Glucose Meter is a medical device for determining the approximate concentration of glucose in the blood. It can also be a strip of glucose paper dipped into a substance and measured to the glucose chart. It is a key element of home blood glucose monitoring (HBGM) by people with diabetes mellitus or hypoglycemia. A small drop of blood, obtained by pricking the skin with a lancet, is placed on a disposable test strip that the meter reads and uses to calculate the blood glucose level. The meter then displays the level in mg/dl or mmol/l.
The glucose meter market is driven by the rising prevalence of diabetes worldwide, which has created a growing demand for convenient and accurate home-based monitoring of blood glucose levels. As the number of people diagnosed with diabetes increases, there is an increasing need for personal health management tools that can provide real-time data and help individuals manage their condition effectively. Additionally, advancements in glucose meter technology, such as improved accuracy, ease of use, and connectivity with smartphones and health apps, have further boosted the adoption of these devices. The growing awareness of the importance of diabetes management and preventive healthcare is also contributing to the market's expansion.
However, the glucose meter market faces challenges such as the high cost of continuous glucose monitoring systems and the need for regular calibration of traditional glucose meters. While the devices are essential for diabetes management, the ongoing costs of test strips and lancets can be a barrier, particularly for people without adequate healthcare coverage. Moreover, the market is highly competitive, with several new technologies emerging, such as non-invasive glucose monitoring devices, which could potentially disrupt the traditional glucose meter market. These factors may slow down the growth of the market and create barriers for some consumers.
LP Information, Inc. (LPI) ' newest research report, the “Glucose Meter Industry Forecast” looks at past sales and reviews total world Glucose Meter sales in 2024, providing a comprehensive analysis by region and market sector of projected Glucose Meter sales for 2025 through 2031. With Glucose Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glucose Meter industry.
This Insight Report provides a comprehensive analysis of the global Glucose Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glucose Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Glucose Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glucose Meter and breaks down the forecast by Technology, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glucose Meter.
This report presents a comprehensive overview, market shares, and growth opportunities of Glucose Meter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Technology:
Glucose Oxidase Method
Glucose Dehydrogenase Method
Other Type
Segmentation by Application:
Medical
Home Care
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Roche
Johnson & Johnson
Abbott
Ascensia
ARKRAY
I-SENS
OMRON
B. Braun Medical
77 Elektronika
AgaMatrix
ALL Medicus
Terumo Corporation
Sinocare
Beijing Yicheng
Yuyue Group
ACON Laboratories
Sinomedisite
Vivacheck
Andon
Wondfo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glucose Meter market?
What factors are driving Glucose Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glucose Meter market opportunities vary by end market size?
How does Glucose Meter break out by Technology, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
144 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Glucose Meter by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Glucose Meter by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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Currency Rates
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