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BGM Device Market Size, Share, and Outlook, H2-2025 Report- By Device (Self-Monitoring Blood Glucose , Continuous Glucose Monitoring ), By End-User (Hospitals, Clinics, Home Usage), By Indicator (Type-1 Diabetes Population, Type-2 Diabetes Population) and

Publisher VPA Research
Published Sep 01, 2025
Length 196 Pages
SKU # VPA20329328

Description

BGM Device Market Outlook
The global BGM Device Market Size is valued at $15.1 Billion in 2025 and is forecast to reach $26.7 Billion in 2032 at a CAGR of 8.5%.
The BGM Device Market continue to remain a steadily growing market and offers lucrative growth opportunities across the industry stakeholders from suppliers to distributors and end-use industries. This comprehensive market research report provides 12-year historic and forecast data on BGM Device Market segments across 22 countries from 2021 to 2032. Key segments covered include By Device (Self-Monitoring Blood Glucose , Continuous Glucose Monitoring ), By End-User (Hospitals, Clinics, Home Usage), By Indicator (Type-1 Diabetes Population, Type-2 Diabetes Population), offering granular insights into performance drivers and emerging patterns. With over 70 tables and charts, the report provides actionable findings based on extensive data modeling and industry surveys.

BGM Device Market Insights, 2025
The blood glucose monitoring (BGM) device space in 2025 continues its migration toward connected, minimally invasive technology. FDA-cleared Bluetooth-enabled glucometers now sync directly with EHR systems and patient apps, improving provider oversight. In Asia and Europe, no-coding, strip-free meters are reducing handling errors and waste. Hospitals are adopting hospital-grade BGM systems with automated quality control and lot-tracking for infection prevention compliance. Integrated voice guidance is becoming standard in devices for visually impaired users. Market growth is being fueled by bundled chronic disease management programs that pair meters with coaching and remote consultations. Data security compliance under evolving regulations, such as the EU’s AI Act and MDR, is shaping device software updates.

Five Trends Shaping the Global BGM Device Market in 2025 and Beyond
The global BGM Device Industry is undergoing a paradigm shift driven by regulatory changes, technological innovation, and sustainability imperatives. Amidst intense demand growth from diverse end-users, companies are focusing on new product launches to cater to individual applications. Companies are also emphasizing operational resilience and circular economy principles and are aligning strategies to secure long-term growth. The report identifies key structural changes, disruptive technologies, and evolving trade flows influencing competitiveness, helping stakeholders strengthen decision-making for both the short and long term.

What are the Biggest Opportunities for Growth in the BGM Device Industry?
The BGM Device Market sector has shown strong adaptability amid volatility in prices, supply chain disruptions, and geopolitical tensions. Moving forward, potential opportunities lie in niche products, aggressive distribution activities, and digital process optimization. With increasing demand from emerging markets, BGM Device Market is positioned for growth through 2030 and beyond. This chapter provides a strategic perspective for businesses to identify revenue-generating avenues, mitigate risks, and adopt innovative pathways for expansion.

BGM Device Market Segment Insights
The BGM Device Industry offers diverse opportunities across product types, applications, and distribution channels. The analytical report provides detailed forecasts across diverse segments including By Device (Self-Monitoring Blood Glucose , Continuous Glucose Monitoring ), By End-User (Hospitals, Clinics, Home Usage), By Indicator (Type-1 Diabetes Population, Type-2 Diabetes Population). Insights cover the largest and fastest-growing product types, applications, and regions, highlighting drivers behind each segment. Market outlooks are provided for five regions—Asia Pacific, North America, Europe, South America, and Middle East & Africa—with country-level forecasts for 22 markets through 2032.

BGM Device Industry Value Chain
The chapter identifies potential companies and their operations across the global BGM Device Industry ecosystem. It assists decision-makers in evaluating global BGM Device Market fundamentals, market dynamics, and disruptive trends across the value chain segments. According to the International Council of Chemical Associations (ICCA), chemicals underpin over 95% of manufactured products worldwide.

Scenario Analysis and Forecasts
Strategic planning in the BGM Device Industry requires resilience to uncertain macroeconomic and regulatory conditions. To guide stakeholders, the report offers three scenario forecasts—low growth, reference case, and high growth—enabling companies to align strategies under different market conditions.

Asia Pacific BGM Device Market Analysis – Hub of Industrial Transformation
Asia Pacific continues to be the largest and fastest-growing region for BGM Device Market, underpinned by rapid industrialization, large-scale infrastructure development, and rising consumption across emerging economies. China, India, and Southeast Asia lead the demand surge, supported by investments in chemical parks, free trade agreements, and rising domestic manufacturing capacity. China remains the single largest producer and consumer of chemicals, accounting for over $1.5 trillion in chemical sales, followed by India, which is projected by the India Brand Equity Foundation (IBEF) to become a $300 billion chemicals market by 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

United States BGM Device Market Insights – Innovation and Specialty Leadership
The American Chemistry Council (ACC) projects steady annual demand growth for specialty and performance chemicals, particularly in automotive, electronics, agriculture, and construction applications. The US continues to lead in specialty and high-value-added chemicals, with investments focused on R&D, advanced process technologies, and digital manufacturing. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American BGM Device Market.

Europe BGM Device Market Outlook 2025 – Regulatory and Innovation-Driven Growth
Europe is one of the largest markets for BGM Device Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. The European chemical sector employs more than 1.2 million people directly and is highly influenced by the EU Green Deal, which aims for climate neutrality by 2050. With increasing adoption of advanced technologies, raw materials, and digital transformation, Europe remains a strategic hub for BGM Device Industry competitiveness. The report analyses the key BGM Device Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

Latin American BGM Device Market outlook rebounds in line with economic growth
Optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries presents strong opportunities for domestic and international BGM Device Market companies. Increased consumer spending is estimated across markets over the next few quarters through 2026. Expanding trade partnerships, urbanization, and growing demand for specialty products underpin market prospects.

Middle East and Africa BGM Device Markets- New Opportunities for Companies Harnessing Diversity
The Middle East remains a key hub for BGM Device Market companies, with Saudi Arabia, UAE, and Qatar investing heavily in distribution networks. In addition, Africa presents strong growth potential in Nigeria, South Africa, and other emerging economies, with increasing demand for cost effective and accessible products. Investment strategies tailored to localized needs and sustainable growth will be crucial for success. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies.

Competitive Landscape – How BGM Device Market Companies Outcompete in 2025
The ability to adapt to changing regulations, sustainability imperatives, and customer-specific innovations defines leadership in the BGM Device Market. Companies are leveraging M&A activities, strategic joint ventures, and vertical integration to secure raw material access and strengthen downstream presence. The report profiles leading players, analyzing their 2024 revenues, market shares, R&D expenditures, and strategic directions. The report analyzes Abbott Laboratories, Acon Laboratories Inc, Agamatrix Inc, Arkray Inc, Ascensia Diabetes Care, Bionime Corp, Dexcom Inc, LifeScan, Medisana AG, Medtronic Plc, F. Hoffmann-La Roche Ltd, Rossmax International Ltd, Senseonics, Sinocare, Trivida Functional Medicine. Each company is benchmarked through a detailed SWOT and financial analysis, providing clients with insights into competitive positioning and innovation leadership.

BGM Device Market Scope
Leading Segments
By Device
Self-Monitoring Blood Glucose
  • Glucometer Devices
  • Test Strips
  • Lancets

  • Continuous Glucose Monitoring
  • Sensors
  • Durables

  • By End-User
    Hospitals
    Clinics
    Home Usage
    By Indicator
    Type-1 Diabetes Population
    Type-2 Diabetes Population

    Leading Companies
    Abbott Laboratories
    Acon Laboratories Inc
    Agamatrix Inc
    Arkray Inc
    Ascensia Diabetes Care
    Bionime Corp
    Dexcom Inc
    LifeScan
    Medisana AG
    Medtronic Plc
    F. Hoffmann-La Roche Ltd
    Rossmax International Ltd
    Senseonics
    Sinocare
    Trivida Functional Medicine

    Geographies
    North America- US, Canada, Mexico
    Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others
    Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others
    Latin America- Brazil, Argentina, Others
    Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa

    Reasons to Buy the Report
  • Make informed decisions with 12-year forecasts across 22 countries and multiple market segments.
  • Evaluate regulatory impacts, sustainability trends, and disruptive technologies shaping the chemicals industry.
  • Gain insights into the competitive landscape, including company profiles, financials, and strategic moves.
  • Build an integrated understanding of the chemicals ecosystem across upstream, midstream, and downstream operations.
  • Leverage insights on circular economy initiatives, digitalization, and carbon-neutral strategies driving the next decade.
  • Assess risks and opportunities with scenario-based forecasts tailored to different growth conditions.
  • Access the report in multiple formats (PDF, Excel, PPT) for easier integration into strategic planning.
  • Table of Contents

    196 Pages
    1. Table of Contents
    List of Figures and Tables
    2. Executive Summary
    2.1 Key Highlights
    2.1.1 BGM Device Market Size Outlook, 2018-2024 and 2025-2032
    2.1.2 Largest BGM Device Market Types and Applications
    2.1.3 Fastest Growing Segments
    2.1.4 Potential Markets
    2.1.5 Market Concentration
    2.2 Market Scope and Segmentation
    2.2.1 Market Scope- Segments
    2.2.2 Market Scope- Countries
    2.2.3 Macroeconomic and Demographic Outlook
    2.2.4 Abbreviations
    2.2.5 Units and Currency Conversions
    3. Research Methodology
    3.1 Primary Research Surveys
    3.2 Secondary Data Sources
    3.3 Data Triangulation
    3.4 Forecast Methodology
    3.5 Assumptions and Limitations
    4. Introduction to Global BGM Device Market in 2025
    4.1 Industry Panorama
    4.2 Leading Companies Profiled in the Study
    4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
    4.4 Market Dynamics
    4.4.1 Market Dynamics- Trends and Drivers
    4.4.2 Market Dynamics- Opportunities and Challenges
    4.5 Regional Analysis
    4.6 Porter’s Five Force Analysis
    4.6.1 Intensity of Competitive Rivalry
    4.6.2 Threat of New Entrants
    4.6.3 Threat of Substitutes
    4.6.4 Bargaining Power of Buyers
    4.6.5 Bargaining Power of Suppliers
    4.7 BGM Device Market Industry Value Chain Analysis
    4.7.1 Stage of Value Chain
    4.7.2 Key Activities of Companies
    4.7.3 Companies Included in Each Stage
    4.7.4 Key Insights
    5. BGM Device Market Outlook to 2032
    5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
    5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
    5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
    By Device
    Self-Monitoring Blood Glucose
    -Glucometer Devices
    -Test Strips
    -Lancets
    Continuous Glucose Monitoring
    -Sensors
    -Durables
    By End-User
    Hospitals
    Clinics
    Home Usage
    By Indicator
    Type-1 Diabetes Population
    Type-2 Diabetes Population
    6. Global BGM Device Market Outlook across Growth Scenarios
    6.1 Low Growth Scenario
    6.2 Base/Reference Case
    6.3 High Growth Scenario
    6. North America BGM Device Market Size Outlook
    6.1 Key Market Statistics, 2024
    6.2 North America BGM Device Market Trends and Growth Opportunities
    6.2.1 North America BGM Device Market Outlook by Type
    6.2.2 North America BGM Device Market Outlook by Application
    6.3 North America BGM Device Market Outlook by Country
    6.3.1 The US BGM Device Market Outlook, 2021- 2032
    6.3.2 Canada BGM Device Market Outlook, 2021- 2032
    6.3.3 Mexico BGM Device Market Outlook, 2021- 2032
    7. Europe BGM Device Market Size Outlook
    7.1 Key Market Statistics, 2024
    7.2 Europe BGM Device Market Trends and Growth Opportunities
    7.2.1 Europe BGM Device Market Outlook by Type
    7.2.2 Europe BGM Device Market Outlook by Application
    7.3 Europe BGM Device Market Outlook by Country
    7.3.2 Germany BGM Device Market Outlook, 2021- 2032
    7.3.3 France BGM Device Market Outlook, 2021- 2032
    7.3.4 The UK BGM Device Market Outlook, 2021- 2032
    7.3.5 Spain BGM Device Market Outlook, 2021- 2032
    7.3.6 Italy BGM Device Market Outlook, 2021- 2032
    7.3.7 Russia BGM Device Market Outlook, 2021- 2032
    7.3.8 Rest of Europe BGM Device Market Outlook, 2021- 2032
    8. Asia Pacific BGM Device Market Size Outlook
    8.1 Key Market Statistics, 2024
    8.2 Asia Pacific BGM Device Market Trends and Growth Opportunities
    8.2.1 Asia Pacific BGM Device Market Outlook by Type
    8.2.2 Asia Pacific BGM Device Market Outlook by Application
    8.3 Asia Pacific BGM Device Market Outlook by Country
    8.3.1 China BGM Device Market Outlook, 2021- 2032
    8.3.2 India BGM Device Market Outlook, 2021- 2032
    8.3.3 Japan BGM Device Market Outlook, 2021- 2032
    8.3.4 South Korea BGM Device Market Outlook, 2021- 2032
    8.3.5 Australia BGM Device Market Outlook, 2021- 2032
    8.3.6 South East Asia BGM Device Market Outlook, 2021- 2032
    8.3.7 Rest of Asia Pacific BGM Device Market Outlook, 2021- 2032
    9. South America BGM Device Market Size Outlook
    9.1 Key Market Statistics, 2024
    9.2 South America BGM Device Market Trends and Growth Opportunities
    9.2.1 South America BGM Device Market Outlook by Type
    9.2.2 South America BGM Device Market Outlook by Application
    9.3 South America BGM Device Market Outlook by Country
    9.3.1 Brazil BGM Device Market Outlook, 2021- 2032
    9.3.2 Argentina BGM Device Market Outlook, 2021- 2032
    9.3.3 Rest of South and Central America BGM Device Market Outlook, 2021- 2032
    10. Middle East and Africa BGM Device Market Size Outlook
    10.1 Key Market Statistics, 2024
    10.2 Middle East and Africa BGM Device Market Trends and Growth Opportunities
    10.2.1 Middle East and Africa BGM Device Market Outlook by Type
    10.2.2 Middle East and Africa BGM Device Market Outlook by Application
    10.3 Middle East and Africa BGM Device Market Outlook by Country
    10.3.1 Saudi Arabia BGM Device Market Outlook, 2021- 2032
    10.3.2 The UAE BGM Device Market Outlook, 2021- 2032
    10.3.3 Rest of Middle East BGM Device Market Outlook, 2021- 2032
    10.3.4 South Africa BGM Device Market Outlook, 2021- 2032
    10.3.5 Egypt BGM Device Market Outlook, 2021- 2032
    10.3.6 Rest of Africa BGM Device Market Outlook, 2021- 2032
    11. Company Profiles
    11.1 Leading 10 Companies
    Abbott Laboratories
    Acon Laboratories Inc
    Agamatrix Inc
    Arkray Inc
    Ascensia Diabetes Care
    Bionime Corp
    Dexcom Inc
    LifeScan
    Medisana AG
    Medtronic Plc
    F. Hoffmann-La Roche Ltd
    Rossmax International Ltd
    Senseonics
    Sinocare
    Trivida Functional Medicine
    11.2 Overview
    11.3 Products and Services
    11.4 SWOT Profile
    12. Appendix
    12.1 Subscription Options
    12.2 Customization Options
    12.3 Publisher Details
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