Global Blood Glucose Monitoring System Market –Industry Analysis and Forecast (2017-2026) _ by Product (Self-Monitoring and Continuous Glucose Monitoring Systems), by Testing Site (Fingertip and Alternate Site Testing), by Patient Care Setting (Homecare and Hospital), by Application and by Geography

Testing of blood sugar level is one of the best ways to understand diabetes and how different foods, medications, and activities affecting diabetes. Portable blood glucose meters, called glucometers are largely used to check blood sugar levels. These work by testing a small amount of blood, typically from a fingertip.

Blood Glucose Monitoring System Market valued USD 8.4Billion in 2016 and expected to reach USD 13.6 Billion by 2024, at a CAGR of 4.92%.

Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the product, testing site, patient care setting, application, and geography to assist in strategic business planning.

Continuous technological advancement in these devices, the rapid increase in aging population, the convenience of continuous sugar monitoring over conventional monitoring are trending the overall Global Blood Glucose Monitoring System Market. However high cost associated with the diagnosis of diabetes, patent expiry issue and inadequate reimbursement related to the application of CGM systems will restrain the Global Blood Glucose Monitoring System Market growth.

The Self-Home Care segment is expected to witness lucrative market growth:

Self-Home Care segment is anticipated to hold substantial market share during the forecast period. Increasing diabetic population and awareness about regular monitoring of glucose levels are some of the factors driving the growth of Global Blood Glucose Monitoring System Market segment.

North America is expected to lead the Blood Glucose Monitoring System Market during the forecast period:

North America is anticipated to hold substantial market share over forecast period. Increasing awareness, FDA approvals in the US and growing incidence of diabetes in the US and Canada are some of the factors driving the Global Blood Glucose Monitoring System Market growth.

Scope of the Report:

Global Blood Glucose Monitoring System Market, By Product: Self-Monitoring Blood Glucose Systems and Continuous Glucose Monitoring Systems

Global Blood Glucose Monitoring System Market, By Testing Site: Fingertip testing and Alternate Site Testing

Global Blood Glucose Monitoring System Market, By Patient Care Setting: Self/Home Care and Hospital & Clinics

Global Blood Glucose Monitoring System Market, By Application: Type 2 Diabetes, Type 1 Diabetes and Gestational Diabetes

Global Blood Glucose Monitoring System Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America