Global Blood Glucose Monitoring Devices Market will grow by $ 15.60bn

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 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Agamatrix Inc., ARKRAY Inc., Ascensia Diabetes Care Holdings AG, Dexcom Inc., F. Hoffmann-La Roche Ltd., Johnson & Johnson, Medtronic Plc, Sanofi, and Terumo Medical Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing prevalence of diabetes in the world has been instrumental in driving the growth of the market. However, the high cost of BGM devices might hamper the market growth.

Blood Glucose Monitoring Devices Market 2020-2024: Segmentation

Blood Glucose Monitoring Devices Market is segmented as below:
  • Product
    • SMBG
    • CGM
    • Lancets
  • Geography
    • North America
    • Europe
    • Asia
    • ROW
  • End-user
    • Hospitals And Diagnostic Laboratories
    • POL
    • Home-care Settings
Blood Glucose Monitoring Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The blood glucose monitoring devices market report covers the following areas:
  • Blood Glucose Monitoring Devices Market Size
  • Blood Glucose Monitoring Devices Market Trends
  • Blood Glucose Monitoring Devices Market Industry Analysis
This study identifies technological advances in BGM devices as one of the prime reasons driving the Blood Glucose Monitoring Devices Market growth during the next few years.

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Blood Glucose Monitoring Devices Market 2020-2024: Key Highlights
  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist blood glucose monitoring devices market growth during the next five years
  • Estimation of the blood glucose monitoring devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the blood glucose monitoring devices market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of blood glucose monitoring devices market, vendors
Table of Contents:
  • Executive Summary
  • Market Landscape
    • Market ecosystem
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
  • Five Forces Analysis
    • Five force summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Product
    • Market segments
    • Comparison by Product
    • SMBG - Market size and forecast 2019-2024
    • CGM - Market size and forecast 2019-2024
    • Lancets - Market size and forecast 2019-2024
    • Market opportunity by Product
  • Market Segmentation by End-user
    • Hospitals and diagnostic laboratories
    • POL
    • Home care settings
  • Customer landscape
  • Geographic Landscape
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2019-2024
    • Europe - Market size and forecast 2019-2024
    • Asia - Market size and forecast 2019-2024
    • ROW - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends
  • Vendor Landscape
    • Vendor landscape
    • Landscape disruption
  • Vendor Analysis
    • Vendors covered
    • Market positioning of vendors
    • Abbott Laboratories
    • Agamatrix Inc.
    • ARKRAY Inc.
    • Ascensia Diabetes Care Holdings AG
    • Dexcom Inc.
    • F. Hoffmann-La Roche Ltd.
    • Johnson & Johnson
    • Medtronic Plc
    • Sanofi
    • Terumo Medical Corp.
  • Appendix
    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com

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