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Global Glucose Monitoring Device Market 2016 Key Insights and 2021 Forecast Analysis

Friday, October 14, 2016 4:41
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According to the report “Glucose Monitoring Device Market”, published by Market Data Forecast, the global market is projected to reach USD 2.3 Billion by 2021, at a CAGR of 6.24% from 2016 to 2021.

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Blood glucose monitoring devices are used to monitor the blood glucose in patients suffering from diabetes or other glucose-related diseases like glucose intolerance.  Technological innovation such as launch of artificial pancreas has taken diabetic care management to a next level and they are further putting efforts in advancing closed loop algorithms. Thus, advancement in Glucose Monitoring systems makes possible early detection of hypoglycaemia in an easy manner in comparison to infrequent point-of-care glucose meter measurements.  

Free sample for the report is available at

The rising obese population and rapid industrialization and urbanization have also contributed to the growth of this market. With the rise in the number of cases of diabetes being recorded worldwide, it is necessary for patients around the world to have their blood glucose level continuously monitored to avoid the consequences of high glucose level like cardiovascular diseases, a blood disorder, blindness, kidney disorder and many other conditions. Which gives high growth opportunity for the market. 

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Glucose Monitoring Device Market

1) By Device Type:
     •Continuous Wearable Devices
        -Transmitters and Activators
    •Self-Monitoring Devices
        -Blood Glucose Meters
        -Blood Glucose Strips
        -Haemoglobin A1C Testing Kits

2) By Application:
     •Clinics and Diagnostic Centers
     •Home Setting
     •Ambulatory Settings

3) By Geography:
    •North America
    •Latin America
    •Middle-East and Africa

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The major companies dominating this market are Roche Diagnostics, LifeScan, Bayer Health care, Abbott Diabetes care Inc, AgaMatrix Inc, Arkray Inc, Medtronic, DexCom Inc, Nova Biomedical Corporation and Teruma Europe NV.

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About Market Data Forecast:

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.


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