Global Lactate Monitoring Devices Market Size & Outlook

The lactate monitoring devices industry worldwide is expected to reach a projected revenue of US$ 247.6 million by 2030. A compound annual growth rate of 8.5% is expected of the worldwide lactate monitoring devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$139.7
Forecast, 2030 (US$M)
$247.6
CAGR, 2024 - 2030
8.5%
Report Coverage
Worldwide

Global lactate monitoring devices market, 2018-2030 (US$M)

Global lactate monitoring devices market highlights

  • The global lactate monitoring devices market generated a revenue of USD 139.7 million in 2023 and is expected to reach USD 247.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.5% by 2030.
  • In terms of segment, battery operated lactate meters accounted for a revenue of USD 114.9 million in 2023.
  • Chargeable Lactate Meters is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 139.7 million
Market revenue in 2030USD 247.6 million
Growth rate8.5% (CAGR from 2023 to 2030)
Largest segmentBattery operated lactate meters
Fastest growing segmentChargeable Lactate Meters
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationChargeable Lactate Meters, Battery Operated Lactate Meters

Other key industry trends

  • In terms of revenue, the North America accounted for 41.0% of the global lactate monitoring devices market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UAE is the fastest growing regional market and is projected to reach USD 0.8 million by 2030.

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Lactate Monitoring Devices Market Scope

Lactate monitoring devices market segmentation & scope
Chargeable Lactate Meters
Battery Operated Lactate Meters
Sports
Medical
Other Applications
Hospitals and Clinics
Sports Institutes
Home-care
Others

Lactate Monitoring Devices Market Companies

Name Profile # Employees HQ Website

Global lactate monitoring devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lactate monitoring devices market will help companies and investors design strategic landscapes.


Battery operated lactate meters was the largest segment with a revenue share of 82.25% in 2023. Horizon Databook has segmented the Global lactate monitoring devices market based on chargeable lactate meters, battery operated lactate meters covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Lactate Monitoring Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Chargeable Lactate Meters
    • Battery Operated Lactate Meters
  • Global Lactate Monitoring Devices Application Outlook (Revenue, USD Million, 2018-2030)
    • Sports
    • Medical
    • Other Applications
  • Global Lactate Monitoring Devices End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals and Clinics
    • Sports Institutes
    • Home-care
    • Others

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  • Our clientele includes a mix of lactate monitoring devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global lactate monitoring devices market, including forecasts for subscribers. This global databook contains high-level insights into Global lactate monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global lactate monitoring devices market size, by regions, 2018-2030 (US$M)

Top 10 countries: Lactate monitoring devices market size, 2023 (US$M)

Global lactate monitoring devices market share, by product, 2023 & 2030 (%, US$M)

Lactate monitoring devices market: Opportunity assessment by country

Global lactate monitoring devices market, by region, 2023 (US$M)

Global lactate monitoring devices market size, by regions, 2018-2030 (US$M)

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