BLOOD GLUCOSE MONITORING MARKET ANALYSIS

Blood Glucose Monitoring Market, By Type (Self-monitoring blood glucose devices, Continuous glucose monitoring devices, and Flash glucose monitoring devices), By Component (Glucometer devices, Test strips, Lancets, Sensors, and Others), By End User (Hospitals, Homecare Settings, Ambulatory Care Settings, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Apr 2024
Code : CMI5382
Pages :168
Formats :
Excel and PDF
Industry : Medical Devices

Market Concentration and Competitive Landscape

Blood Glucose Monitoring Market Concentration By Players

Close-monitor your Competitor's Move, Request sample copy

Market Driver – Increasing Product Approval by Regulatory Authorities

Increasing product approvals by regulatory authorities, such as U.S. Food and Drug Administration, and technological advancements in testing devices are expected to drive the market growth over the forecast period. For instance, in August 2023, Nemaura, a medical technology company, announced that it had received Saudi Food and Drug Authority (SFDA) approval for its sugarBEAT sensor that offers non-invasive, flexible continuous glucose monitoring (CGM). It provides actionable insights derived from real-time glucose measurements and daily glucose trend data. It could help people with diabetes and pre-diabetes better manage, reverse, and prevent the onset of the chronic condition.

Key Players Insights