South Africa Self Monitoring Blood Glucose Devices Market Size & Outlook

The self monitoring blood glucose devices market in South Africa is expected to reach a projected revenue of US$ 111.4 million by 2030. A compound annual growth rate of 6.7% is expected of South Africa self monitoring blood glucose devices market from 2023 to 2030.
Revenue, 2022 (US$M)
$66.4
Forecast, 2030 (US$M)
$111.4
CAGR, 2023 - 2030
6.7%
Report Coverage
South Africa

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

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South Africa self monitoring blood glucose devices market highlights

  • The South Africa self monitoring blood glucose devices market generated a revenue of USD 66.4 million in 2022 and is expected to reach USD 111.4 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
  • In terms of segment, testing strips was the largest revenue generating product in 2022.
  • Blood Glucose Meter is the most lucrative product segment registering the fastest growth during the forecast period.

Self monitoring blood glucose devices market data book summary

Market revenue in 2022USD 66.4 million
Market revenue in 2030USD 111.4 million
Growth rate6.7% (CAGR from 2022 to 2030)
Largest segmentTesting strips
Fastest growing segmentBlood Glucose Meter
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Glucose Meter, Testing Strips
Key market players worldwideThermo Fisher Scientific Inc, Abbott Laboratories, Medtronic PLC, Roche Holding AG ADR, PHC Holdings Corp, DexCom Inc, Sanofi SA, Novo Nordisk A/S ADR, Insulet Corp, Ypsomed Holding AG, GlySens

Other key industry trends

  • In terms of revenue, South Africa accounted for 1.2% of the global self monitoring blood glucose devices market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa self monitoring blood glucose devices market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 111.4 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

South Africa 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 57.53% in 2022. Horizon Databook has segmented the South Africa 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.


  • South Africa 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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Target buyers of South Africa self monitoring blood glucose devices market databook

  • Our clientele includes a mix of self monitoring blood glucose devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa self monitoring blood glucose devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa self monitoring blood glucose devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa self monitoring blood glucose devices market size, by product, 2018-2030 (US$M)

South Africa Self Monitoring Blood Glucose Devices Market Outlook Share, 2022 & 2030 (US$M)

South Africa self monitoring blood glucose devices market size, by product, 2018-2030 (US$M)

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