Global Self Monitoring Blood Glucose Devices Market Size & Outlook

The self monitoring blood glucose devices industry worldwide is expected to reach a projected revenue of US$ 10,525.3 million by 2030. A compound annual growth rate of 7.9% is expected of the worldwide self monitoring blood glucose devices industry from 2023 to 2030.
Revenue, 2022 (US$M)
$5,742.6
Forecast, 2030 (US$M)
$10,525.3
CAGR, 2023 - 2030
7.9%
Report Coverage
Worldwide

Global self monitoring blood glucose devices market, 2018-2030 (US$M)

Related Markets

Global self monitoring blood glucose devices market highlights

  • The global self monitoring blood glucose devices market generated a revenue of USD 5,742.6 million in 2022 and is expected to reach USD 10,525.3 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 7.9% by 2030.
  • In terms of segment, testing strips accounted for a revenue of USD 3,358.1 million in 2022.
  • Blood Glucose Meter 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 2022.
  • Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 5,742.6 million
Market revenue in 2030USD 10,525.3 million
Growth rate7.9% (CAGR from 2022 to 2030)
Largest segmentTesting strips
Fastest growing segmentBlood Glucose Meter
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Glucose Meter, Testing Strips

Other key industry trends

  • In terms of revenue, the North America accounted for 37.4% of the global self monitoring blood glucose devices market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Argentina is the fastest growing regional market and is projected to reach USD 45.3 million by 2030.

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Self Monitoring Blood Glucose Devices Market Scope

Self monitoring blood glucose devices market segmentation & scope
Research And Manufacturing
Research And Manufacturing
Lancets
End Use
Hospital
Specialty Facilities
Home Care
Research And Manufacturing
Sensors
End User
Hospital
Specialty Facilities
Home Care
Research And Manufacturing
Transmitter & Receiver
End User
Hospital
Specialty Facilities
Home Care
Research And Manufacturing
Insulin Pumps
End User
Hospital
Specialty Facilities
Home Care
Research And Manufacturing

Self Monitoring Blood Glucose Devices Market Companies

Name Profile # Employees HQ Website

Global self monitoring blood glucose 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 self monitoring blood glucose devices market will help companies and investors design strategic landscapes.


Testing strips was the largest segment with a revenue share of 58.48% in 2022. Horizon Databook has segmented the Global self monitoring blood glucose devices market based on blood glucose meter, testing strips covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Self Monitoring Blood Glucose Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Blood Glucose Meter
      • End Use
        • Hospital
        • Specialty Facilities
        • Home Care
        • Research And Manufacturing
    • Testing Strips
      • End Use
        • Hospital
        • Specialty Facilities
        • Home Care
        • Research And Manufacturing
    • Lancets
      • End Use
        • Hospital
        • Specialty Facilities
        • Home Care
        • Research And Manufacturing
    • Sensors
      • End User
        • Hospital
        • Specialty Facilities
        • Home Care
        • Research And Manufacturing
    • Transmitter & Receiver
      • End User
        • Hospital
        • Specialty Facilities
        • Home Care
        • Research And Manufacturing
    • Insulin Pumps
      • End User
        • Hospital
        • Specialty Facilities
        • Home Care
        • Research And Manufacturing

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  • Our clientele includes a mix of self monitoring blood glucose 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 self monitoring blood glucose devices market , including forecasts for subscribers. This global databook contains high-level insights into Global self monitoring blood glucose devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Top 10 countries: Self monitoring blood glucose devices market size, 2022 (US$M)

Global self monitoring blood glucose devices market share, by product, 2022 & 2030 (%, US$M)

Self monitoring blood glucose devices market: Opportunity assessment by country

Global self monitoring blood glucose devices market, by region, 2022 (US$M)

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

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