Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 477.1 Million | USD 924.6 Million | 6.84% | 2024 |
The global Blood Ketone Meter Market Size was worth around USD 477.1 Million in 2024 and is predicted to grow to around USD 924.6 Million by 2034 with a compound annual growth rate (CAGR) of roughly 6.84% between 2025 and 2034. The report analyzes the global blood ketone meter market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the blood ketone meter industry.
Ketones are manufactured by human body through breaking of fats and this process is referred to as ketosis. Human body manufactures ketones when there is lack of sugar supply in cells owing to reduced insulin proportions. Apparently, human body system starts breaking of fats for providing ketones as an optional energy source over sugar. Reportedly, ketosis results in loss of weight along with offering numerous benefits including appetite control as well as improvement in heart health through cholesterol reduction.
Growth of blood ketone meter market over forecast timespan can be attributed to surge in diabetes-related awareness leading to launching of new products for identifying glucose and ketone. A prominent increment in research activities by major players for designing multi-operational blood ketone meters will accentuate expansion of blood ketone meter industry. Rise in number of diabetics across globe will culminate into humungous demand for blood ketone meter industry over forecast timeline. As per CDC, nearly 27 million of U.S. population in 2020 was diagnosed for diabetes. Reportedly, in 2018, more than 2 lac Americans falling below 20 years age were diagnosed for diabetes.
Furthermore, industry players are collaborating with other major players for manufacturing blood ketone meters with new features. Manufacturers are introducing new products as per requirements of individuals. This, in turn, will create new growth avenues for blood ketone meter market. Nonetheless, evolving landscapes will upswing market trends.
Report Attributes | Report Details |
---|---|
Report Name | Blood Ketone Meter Market |
Market Size in 2024 | USD 477.1 Million |
Market Forecast in 2034 | USD 924.6 Million |
Growth Rate | CAGR of 6.84% |
Number of Pages | 195 |
Key Companies Covered | Abbott, Apex Biotechnology Corp., TaiDoc Technology Corporation, EKF Diagnostics Holdings plc., Nova Biomedical, Keto-Mojo, ForaCare Inc., Nipro, i-SENS Inc, and others. |
Segments Covered | By Product, By Application, By End-use, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global blood ketone meter market is segmented based on Product, Application, End-use, and region.
Based on Product, the global blood ketone meter market is divided into Blood Ketone Monitoring, Blood Glucose and Ketone Monitoring, Consumables.
On the basis of Application, the global blood ketone meter market is bifurcated into Human, Veterinary.
By End-use, the global blood ketone meter market is split into Hospitals, Diagnostic Centers, Homecare Settings, Other End Use.
North America To Account Lucratively Towards Total Market Share By 2034
Growth of blood ketone meter market in North America over forecast timescale is subject to presence of strong healthcare infrastructure in sub-continent. Rise in awareness related to significance of blood ketone meters will promulgate scope of market growth in upcoming years. Outbreak of COVID-19 pandemic and its massive impact experienced in countries such as the U.S. have enhanced product penetration in sub-continent.
By Application
By End-User
By Product
By Region
FrequentlyAsked Questions
The global blood ketone meter market is expected to grow due to increasing prevalence of diabetes and metabolic disorders, the rising popularity of ketogenic and low-carbohydrate diets for weight management and metabolic health.
According to a study, the global blood ketone meter market size was worth around USD 477.1 Million in 2024 and is expected to reach USD 924.6 Million by 2034.
The global blood ketone meter market is expected to grow at a CAGR of 6.84% during the forecast period.
North America is expected to dominate the blood ketone meter market over the forecast period.
Leading players in the global blood ketone meter market include Abbott, Apex Biotechnology Corp., TaiDoc Technology Corporation, EKF Diagnostics Holdings plc., Nova Biomedical, Keto-Mojo, ForaCare Inc., Nipro, i-SENS Inc, among others.
The report explores crucial aspects of the blood ketone meter market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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