Blood Glucose Monitoring (BGM) Devices - Diabetes Devices Market Statistics
The global blood glucose monitoring (bgm) devices diabetes devices market size was valued at US$ 13,889.7 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 7% from 2023 to 2030.
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Blood glucose monitoring (bgm) devices - Diabetes devices market highlights
- The global blood glucose monitoring (bgm) devices segment generated a revenue of USD 13,889.7 million in 2023 and is expected to reach USD 22,272.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.9% by 2030.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 13,889.7 million |
| Market revenue in 2030 | USD 22,272.3 million |
| Growth rate | 6.9% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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Diabetes Devices Market Scope
Diabetes devices market segmentation & scope
Blood Glucose Meters
Testing Strips
Lancets
Sensors
Transmitters
Receiver
Pumps
Pens
Syringes
Jet Injectors
Hospital Pharmacies
Retail Pharmacies
Diabetes Clinics/Centers
Online Pharmacies
Others
Diabetes Devices Market Outlook
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