Synopsis
The global market for Glucose Meter was estimated to be worth US$ 1452 million in 2024 and is forecast to a readjusted size of US$ 2213 million by 2031 with a CAGR of 6.3% during the forecast period 2025-2031.
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.
This report aims to provide a comprehensive presentation of the global market for Glucose Meter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Glucose Meter by region & country, by Technology, and by Application.
The Glucose Meter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glucose Meter.
Market Segmentation
By Company
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
Segment by Technology
Glucose Oxidase Method
Glucose Dehydrogenase Method
Other Type
Segment by Application
Medical
Home Care
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Glucose Meter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Glucose Meter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Glucose Meter in country level. It provides sigmate data by Technology, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request