Blood Glucose Monitoring Market Report

Global Blood Glucose Monitoring Market Size

The global blood glucose monitoring market size was valued at USD 18.57 billion in 2024 and is estimated to reach USD 39.08 billion by 2033 from USD 20.16 billion in 2025, registering a CAGR of 8.53% from 2025 to 2033.

MARKET DRIVERS

The market for blood glucose monitoring is expected to grow as a result of the increasing prevalence of chronic diseases including cancer, cardiovascular diseases, Diabetes, etc., which are the primary drivers of the blood glucose monitoring industry. An unhealthy lifestyle, poor food, excessive alcohol consumption, and a lack of physical activity are all contributing factors to the rising prevalence of diabetes. Also, healthcare expenditure is increasing, which leads to an increase in spending on self-monitoring blood glucose devices. According to the International Diabetes Federation (IDDF, an estimated 537 million adults have diabetes, which is further anticipated to grow to 641 million by 2030 and 583 million by 2045.

The demand for glucose monitoring devices is driven by the increasing usage of continuous monitoring systems and improving technological developments in blood glucose monitoring devices. In addition, the introduction of new products and raising consumer awareness of diabetes prevention strategies are accelerating market growth. Furthermore, the market for glucose monitoring devices is expected to grow as a result of rising disposable income in urban areas, the adoption of cutting-edge healthcare technologies, and a continued focus on creating novel methods that benefit end users. Increasing people who are taking insulin ais also driving he glucose monitoring devices market forward. Nearly 450 million people worldwide live with diabetes. Among them, over 70 million people are taking insulin. People suffering from type 1 and Type 2 diabetes use this insulin according to the dosage to recover. These people need to check their glucose levels in the blood to take the required amount of insulin for their bodies. For this reason, these people are now using these glucose monitoring devices at home to check their levels and take insulin according to the results. This device also helps these people manage their daily food intake to stay healthy.

MARKET RESTRAINTS

The presence of a large proportion of the undiagnosed diabetes population is one of the major factors resulting in the lower adoption of Blood Glucose Monitoring Systems, especially in emerging countries. The prevalence of delayed analysis is higher among countries such as China, India, South Africa, Brazil, and others, in comparison with developed countries. Also, due to the lack of awareness among the general population regarding chronic diseases such as diabetes mellitus. Also, the limited access to advanced healthcare infrastructure and the lack of conventional procedures by government or private organizations may hinder growth. However, the growing number of product recalls is a significant threat to market growth, and the market is anticipated to see a decline in its growth rate. Some of the main reasons for a product recall are manufacturing flaws or mistaken outcomes. The market for glucose monitoring devices is also constrained by the availability of continuous glucose monitors. Additionally, the expansion of the market for glucose monitoring devices is constrained over the anticipated period by insufficient reimbursement policies in underdeveloped nations and high maintenance expenses for the devices. Additionally, establishing glucose meter accuracy is a major obstacle for market participants. The market for glucose monitoring devices is being constrained by a dearth of experienced workers in hospitals and clinics.

REPORT COVERAGE

SEGMENTAL ANALYSIS

By Device Type Insights

Among these, continuous wearable devices dominated the blood glucose monitoring market in 2024. This is due to the increase in adoption of continuous in developed and emerging countries due to their ability to monitor a patient’s blood glucose levels regularly. For instance, a 2021 article by John Wiley & Sons, Inc. noted that CGM systems were proven to be more effective than SMBG in controlling type 1 diabetes because of their simplicity of use, speed of results, and minimally invasive approach. Patients can control their diet, activity, and medicine consumption thanks to the findings of continuous glucose monitoring. The gadget has sensors that can measure the interstitial fluid's glucose levels. The sensor has an allocated time for use before needing to be replaced. With the help of this device, which continuously measures glucose levels, patients can recognize dangerously low and high sugar levels.

The Self-monitoring devices segment also had a considerable share of the global market in 2024. This is due to the increased awareness of healthy life, fewer hospital check-ups due to the pandemic, and an easy way to check glucose levels independently. This self-monitoring glucose is a procedure in which a person with diabetes can check their blood sugar using glucose meters. These self-monitoring devices are portable and can be used anywhere. The doctor preferred these devices for diabetes patients to check their glucose levels twice a week for good health. These devices are primarily used for older people who cannot walk or move from one place to another without anyone's support. These devices are also used by people who are suffering from chronic diseases to monitor the severity of the diseases. Because of all these factors, the segment is estimated to grow steadily during the forecast period.

By Application Insights

Among these, the hospital segment dominated the blood glucose monitoring market in 2022. This is because enhanced infrastructure and an increase in the use of technologically advanced medical equipment in hospitals are driving the segment's expansion. To check a patient's blood glucose level, these glucose monitoring gadgets are utilized in hospitals. Additionally, less blood must be drawn, there is less pain, and the procedure takes less time, all of which promote the utilization of these devices in hospitals and propel the market.

REGIONAL ANALYSIS

It is expected that the North American blood glucose monitoring market will hold the largest share of the global blood glucose monitoring market during the forecast period. The market is expanding in North America as a result of elements including the rising prevalence of diabetes and the implementation of cutting-edge technology systems. The market for glucose monitoring devices in this region is also growing as a result of rising healthcare spending and increased public awareness of the need to control diabetes. In recent years, the management of diabetes for many Canadians has become more dependent on medical technologies like insulin pumps and blood glucose monitors. To assist people with diabetes, the Canadian government funds research and development of glucose monitoring equipment. The Canadian government has run several awareness campaigns on the signs of diabetes and on implementing preventative measures.

In 2022, the global market for glucose monitoring devices was significantly dominated by Europe. The growing elderly population and investment spending in the healthcare sector both support market expansion in this area. Additionally, the market expansion in Europe is attributed to the rising frequency of companies releasing novel items that benefit consumers. The market for glucose monitoring devices in Europe is driven by the rising prevalence of overweight and obesity there. Obesity and overweight are the primary causes of high blood sugar levels.

The global market for glucose monitoring devices is expected to grow at the quickest rate in the Asia Pacific. The market in this region is primarily driven by the patient pool's increased prevalence of diabetes. Additionally, the rise in the elderly population and public awareness of diabetic management control are fueling market expansion throughout the anticipated time. The senior population in the Asia Pacific area is quickly growing due to increasing life expectancies and falling fertility rates.

Latin America holds a substantial market share for glucose monitoring equipment. The largest market share is held by Brazil. Brazil uses modern technology to treat diabetes. Technology-advanced glucose monitoring devices are produced by many major businesses. Brazilians with diabetes utilize sensor-based glucose monitoring devices, which are driving the market ahead in this country. Throughout the forecasting period, it is expected that the market for glucose monitoring devices in the Middle East and Africa will account for a small portion of the global market. The demand for glucose monitoring devices is rising as a result of factors like rising diabetes rates and increased public knowledge of diabetic management.

KEY MARKET PLAYERS

Some of the major participants in the blood glucose monitoring market are Roche Diagnostics LifeScan, Bayer Healthcare, Abbott Diabetes, Medtronic, AgaMatrix Inc., Nova Biomedical Corporation, Dexcom Inc., and Sanofi.

RECENT MARKET HAPPENINGS

• In June 2022, Abbott announced that it's developing a new bio-wearable that will continuously monitor glucose and ketone levels in one sensor. The system has secured breakthrough device designation from the U.S. Food and Drug Administration, which is designed to expedite the review of innovative technologies that can improve the lives of people with life-threatening or irreversibly debilitating diseases or conditions.

• In March 2022, DexCom announced the receipt of a CE Mark for its G7 CGM system in Europe, intended for people who have diabetes and are two years and older, including pregnant women. With this approval, the highly popular and best-selling real-time CGM in the world is now more powerful and easier to use with a small, all-in-one wearable and a completely redesigned mobile app.

MARKET SEGMENTATION

This research report on the Blood Glucose Monitoring Market has been segmented and sub-segmented based on the device type, application, and region.

By Device type

• Continuous wearable device
• Self-Monitoring Device

By Application

• Hospitals
• Clinics and diagnostic
• Home settings
• Ambulatory Settings

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa