Self Monitoring Blood Glucose Devices Market Analysis & Forecast 2024-2030

Self Monitoring Blood Glucose Devices Market by Product Type (Strips, Glucose Meters, Lancets) by Application (Diabetes mellitus, Hypoglycemia, Type 2 Diabetes) by End User ( Home Care, Hospitals) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 538          Category: Medical Devices          Region :  Global         Report Format :                  

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 Table of Contents

Global Self Monitoring Blood Glucose Devices Market is expected to reach USD 27779.70 million by 2031 with CAGR of 8.2 % between 2025 and 2031

Self Monitoring Blood Glucose Devices Market

The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Self Monitoring Blood Glucose Devices Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users / regions. Our study on Self Monitoring Blood Glucose Devices Market helps users to make precise decision to expand their market presence and increase their market share.  


The report provides Self Monitoring Blood Glucose Devices Market Dynamics, includes industry growth drivers, challenges, opportunities, risk, constraints as well as threats. Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Self Monitoring Blood Glucose Devices Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  


Self Monitoring Blood Glucose Devices Market has been studied for End User Application, Regional Analysis for both Global and National. Application of Self Monitoring Blood Glucose Devices are Diabetes mellitus, Hypoglycemia, Type 2 Diabetes. Self Monitoring Blood Glucose Devices includes Strips, Glucose Meters, Lancets. While Home Care and Hospitals are end-users for Self Monitoring Blood Glucose Devices. The study includes Regional analysis of Self Monitoring Blood Glucose Devices Market for North America, Europe, China, Japan, South East Asia and India.  


In cost analysis of system raw Materials are important component, occupying for the most proportion of cost. It’s important and necessary to attach importance to raw materials sourcing. In general, the raw materials need to outsourcing, and the price, on-time rate and quality are very key indicators, to keep competitive market position, to maximize the profit. The price, on-time rate or quality, is just one of key factors to influence on the supply capacity and competitiveness. The lowest total Sales cost is the total index to maximize the profit.  


Self Monitoring Blood Glucose Devices Market : Product Type

  • Strips
  • Glucose Meters
  • Lancets

Self Monitoring Blood Glucose Devices Market : Application

  • Home Care
  • Hospitals

Global Self Monitoring Blood Glucose Devices Market: Company Analysis

  • Abbott
  • AgaMatrix Inc
  • ARKRAY
  • B. Braun
  • Bayer
  • Hainice Medical
  • Infopia
  • I-SENS. Inc.
  • Lifescan
  • Nipro Dagnostics
  • Omron
  • Roche
  • Terumo Corporation

Geographical analysis of Self Monitoring Blood Glucose Devices Market includes :

  • North America
    • U.S.A.
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global Self Monitoring Blood Glucose Devices Market Report delivers a comprehensive analysis of the following parameters:

  • Market Forecast for 2024-2030
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis

Report Coverage

Parameters Details

Base Year

2024

Historical Data

2018-2023

Forecast Data

2024-2030

Base Year Value (2024)

USD 16000.62 million

Forecast Value (2031)

USD 27779.70 million

CAGR (2025-2030)

8.2 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW


Frequently Asked Questions (FAQ)


Self Monitoring Blood Glucose Devices Market was valued at around USD 16000.62 million in 2023 & estimated to reach USD 27779.70 million by 2030.




Self Monitoring Blood Glucose Devices Market is likely to grow at Compound Annual Growth Rate (CAGR) of 8.2% between 2024 to 2030.




Self Monitoring Blood Glucose Devices Market is dominated by the Strips segment and the North America region holds the highest market share in 2023.



Some of the top key players in the Self Monitoring Blood Glucose Devices Market are Abbott, AgaMatrix Inc, ARKRAY, B. Braun, Bayer, Hainice Medical, Infopia, I-SENS. Inc., Lifescan, Nipro Dagnostics, Omron, Roche, Terumo Corporation.




Primary driving factors for the growth of the Self Monitoring Blood Glucose Devices Market include Rapid increment of Dibetic popullation around the globe.




Yes, the report includes COVID 19 impact on the market.



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