The global blood glucose monitoring system market size is expected to reach USD 27.26 Billion in 2032 and register a steady revenue CAGR of 8.0% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of diabetes, owing to several education programs and campaigns, is a key factor driving market revenue growth. Blood glucose monitoring systems are diagnostic devices used to monitor and treat diabetes patients. Controlling high blood sugar levels helps to prevent kidney damage, nerve problems, blindness, limb loss, and sexual function issues, as well as lowering the chance of a heart attack or stroke. Continuous Glucose Monitoring (CGM) devices aid in the management of Type 1 or Type 2 diabetes by requiring fewer finger stick tests. A sensor placed just beneath the skin monitors glucose levels 24 hours a day. The results are sent to a wearable gadget or cell phone through a transmitter and because CGM offers continuous data on blood sugar levels, patients with diabetes can make more educated decisions about diet, exercise, and insulin dosing. In addition, this result in better blood sugar control and fewer diabetes complications, hence driving revenue growth of the market.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Blood Glucose Monitoring System market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Blood Glucose Monitoring System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Abbott, F. Hoffmann-La Roche Ltd, Ascensia Diabetes Care Holdings AG, Dexcom, Inc., Sanofi, Novo Nordisk A/S, Insulet Corporation, DiaMonTech AG, Nemaura, and PHC Holdings Corporation

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Emergen Research has segmented the global Blood Glucose Monitoring System market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Product Outlook (Revenue, USD Billion; 2019–2032)

  • Self-Monitoring Blood Glucose Systems
    1. Blood Glucose Meters
    2. Testing Strips
    3. Lancets& Lancing Devices
  • Continuous Glucose Monitoring Systems
    1. Sensors
    2. Transmitters
    3. Receivers

• Testing Site Outlook (Revenue, USD Billion; 2019–2032)

  • Fingertip Testing
  • Alternate Site Testing

• Patient Care Outlook (Revenue, USD Billion; 2019–2032)

  • Self/Home Care
  • Hospitals & Clinics

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Blood Glucose Monitoring System Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Blood Glucose Monitoring System Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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