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POC Blood Glucose Monitoring Devices Market size was valued at USD 12.3 Billion in 2024 and is projected to reach USD 20.5 Billion by 2033, exhibiting a CAGR of 7.2% from 2026 to 2033.
POC Blood Glucose Monitoring Devices Market Regional Size and Share Analysis
POC Blood Glucose Monitoring Devices Market Regional Size and Share Analysis
In 2022, the global Point of Care (POC) blood glucose monitoring devices market was valued at approximately USD 3.2 billion and is projected to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. North America dominated the market, accounting for over 40.3% of the global revenue, driven by the presence of major market players and increased accessibility to glucose testing products. The United States led this region, with its market projected to reach USD 2.1 billion by 2032, growing at a CAGR of 4.5% during the forecast period. Europe also held a significant share, with the United Kingdoms market expected to reach USD 222 million by 2032. The Asia Pacific region is anticipated to experience substantial growth, with a projected CAGR of 5.0% over the forecast period. This growth is attributed to the rising prevalence of diabetes and improving healthcare infrastructure in countries like China and India. Chinas market is poised for rapid expansion due to increasing demand for remote patient monitoring and proactive government initiatives. Latin America and the Middle East & Africa regions are also expected to witness growth, driven by urbanization, rising income levels, and increased healthcare expenditure. Overall, the global POC blood glucose monitoring devices market presents significant opportunities across various regions, fueled by technological advancements and the growing need for efficient diabetes management solutions.
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Who are the largest manufacturers in the POC Blood Glucose Monitoring Devices Market?
Who are the largest manufacturers in the POC Blood Glucose Monitoring Devices Market?
Abbott
ARKRAY
Ascensia Diabetes Care
Danaher
F. Hoffmann-La Roche
Johnson & Johnson
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global POC Blood Glucose Monitoring Devices Market?
What are the factors driving the growth of the Global POC Blood Glucose Monitoring Devices Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global POC Blood Glucose Monitoring Devices Market
By Product Type
By Product Type
Glucometers
Continuous Glucose Monitoring Devices
Test Strips
Lancing Devices
By End User
By End User
Home Healthcare
Hospitals and Clinics
Diagnostic Laboratories
By Technology
By Technology
Electrochemical Sensing Technology
Optical Sensing Technology
Non-Invasive Monitoring Devices
By Distribution Channel
By Distribution Channel
Direct Sales
Online Retail
Third-party Distributors
By Patient Demographics
By Patient Demographics
Age Group
Type of Diabetes
Which regions are leading the Global POC Blood Glucose Monitoring Devices Market?
Which regions are leading the Global POC Blood Glucose Monitoring Devices Market?
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global POC Blood Glucose Monitoring Devices Market Research Report, 2024-2032
Detailed TOC of Global POC Blood Glucose Monitoring Devices Market Research Report, 2024-2032
1. Introduction of the Global POC Blood Glucose Monitoring Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global POC Blood Glucose Monitoring Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global POC Blood Glucose Monitoring Devices Market, By Type
6. Global POC Blood Glucose Monitoring Devices Market, By Application
7. Global POC Blood Glucose Monitoring Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global POC Blood Glucose Monitoring Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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