Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 14.55 Billion | USD 32.45 Billion | 8.35% | 2024 |
FrequentlyAsked Questions
A blood glucose monitoring system also known as BGM is an effective tool used for monitoring blood sugar levels, especially for diabetic patients.
The global blood glucose monitoring system market is expected to grow due to increasing adoption of continuous glucose monitoring (CGM) devices, rising prevalence of diabetes, technological advancements, and growing awareness of diabetes management.
According to a study, the global blood glucose monitoring system market size was worth around USD 14.55 Billion in 2024 and is expected to reach USD 32.45 Billion by 2034.
The global blood glucose monitoring system market is expected to grow at a CAGR of 8.35% during the forecast period.
North America is expected to dominate the blood glucose monitoring system market over the forecast period.
Leading players in the global blood glucose monitoring system market include Glysens Incorporated, Lifescan IP Holdings, Senseonics, Prodigy Diabetes Care, B. Braun Melsungen AG, Terumo Corporation, ACON Laboratories, Medtronic, F.Hoffmann-la Roche, Sanofi, Dexcom Inc, Novo Nordisk, Insulet Corporation, Ascensia Diabetes Care, Ypsomed Holdings, Nova Biomedical, among others.
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