Market Overview:
The global glucose meter market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of diabetes, technological advancements in glucose meters, and rising demand for home care glucose meters. Based on type, the global glucose meter market is segmented into 0.5uL/0.6uL, 1uL, 1.5uL, and others segments.
Product Definition:
A glucose meter is a medical device that measures the amount of sugar in a person's blood. Glucose meters are used by people with diabetes to monitor their blood sugar levels.
0.5uL/0.6uL:
0.5uL/0.6uL is a unit of measure for volume in medical and pharmaceutical industries, it's basically used to measure the concentration of solutions or compounds in mililiter and microliter quantities. It is also used as a standard dose for pharmaceutical products like vaccines, enzymes, medicines among others.
1uL:
1ul is a unit of measure for volume. It is equal to 1 cubic millimeter. The most commonly used unit in the glucose meter market, which has the same name as this unit, because it is an international standard and all the meters must be able to handle this common measurement. One ULS (One Unit Less Than) is also known as one microliters or uL; one millionth of a litre or one-millionth of a cubic millimeter.
Application Insights:
The medical segment dominated the global market in 2017. The growing demand for glucose meters from hospitals and clinics is one of the key factors driving this growth. Furthermore, a rising number of diabetes-related diseases is also expected to contribute towards segment growth during the forecast period. For instance, according to WHO, there are approximately 463 million people suffering from diabetes across the globe and by 2040 that number is expected to reach 700 million. This increase in demand can be attributed towards increasing usage of glucose meters in clinics and hospitals across countries such as India, China Japan etc., which further fuels product demand globally.
Glucose meter has been considered an essential tool for measuring blood sugar level among patients with diabetes as well as those who are at risk of developing type 2 or getting pregnant (gestational) diabetic due to high consumption of carbohydrates-rich foods or drinks such as sugary beverages or food items like pastries & cakes etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of glucose meters developed by major players for home use and medical centers. The region is expected to maintain its dominance over the forecast period due to factors such as increasing prevalence of diabetes, rising awareness about available products, and availability of skilled professionals. Europe accounted for a significant share in terms of revenue generation in 2017 owing to high demand from countries such as Germany, Italy, U.K., Spain among others.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to untapped opportunities and rapidly growing economies especially China & India which are amongst top 10 countries with respect their population size & GDP (Gross Domestic Product). Asia Pacific has been witnessing strong economic growth along with improvements in healthcare infrastructure since past few years; this trend is expected continue over next eight years or so which will benefit industry expansion considerably.
Growth Factors:
- Increasing prevalence of diabetes: The global prevalence of diabetes is increasing at an alarming rate. This is expected to drive the demand for glucose meters in the coming years.
- Technological advancements: The development of novel technologies and their incorporation in glucose meters is likely to boost the growth of this market in the near future.
- Rising awareness about diabetes and its management: There has been a rise in awareness about diabetes and its management among people across the globe, which is likely to fuel demand for glucose meters in the coming years.
- Growing number of elderly population: The number of elderly people is growing rapidly across the world, which will lead to an increase in demand for devices such as glucose meters that can help them manage their condition effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glucose Meter Market Research Report
By Type
0.5uL/0.6uL, 1uL, 1.5uL, Others
By Application
Medical, Home Care
By Companies
Roche, Johnson & Johnson, Bayer, Abbott, OMRON Healthcare India Pvt Ltd, ARKRAY, Inc., Grace Medical, B. Braun Medical Inc., I-SENS, Infopia, Hainice Medical, Mendor, All Medicus, 77 Elektronika Kft., Delta, OK Biotech, MEDISANA, FIFTY 50, Nova Biomedical, Oak Tree Health, Omnis Health, Simple Diagnostics, US Diagnostics, Inc., SD Bio Standard Diagnostics, Nipro, Terumo, Homemed (Pty) Ltd, Sinocare Inc., Yuwell Medical, Yicheng Electrical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Glucose Meter Market Report Segments:
The global Glucose Meter market is segmented on the basis of:
Types
0.5uL/0.6uL, 1uL, 1.5uL, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Home Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Roche
- Johnson & Johnson
- Bayer
- Abbott
- OMRON Healthcare India Pvt Ltd
- ARKRAY, Inc.
- Grace Medical
- B. Braun Medical Inc.
- I-SENS
- Infopia
- Hainice Medical
- Mendor
- All Medicus
- 77 Elektronika Kft.
- Delta
- OK Biotech
- MEDISANA
- FIFTY 50
- Nova Biomedical
- Oak Tree Health
- Omnis Health
- Simple Diagnostics
- US Diagnostics, Inc.
- SD Bio Standard Diagnostics
- Nipro
- Terumo
- Homemed (Pty) Ltd
- Sinocare Inc.
- Yuwell Medical
- Yicheng Electrical
Highlights of The Glucose Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0.5uL/0.6uL
- 1uL
- 1.5uL
- Others
- By Application:
- Medical
- Home Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glucose Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A glucose meter is a medical device that measures the amount of glucose in your blood. Glucose meters are used to diagnose and monitor diabetes, and to check blood sugar levels before and after meals.
Some of the key players operating in the glucose meter market are Roche, Johnson & Johnson, Bayer, Abbott, OMRON Healthcare India Pvt Ltd, ARKRAY, Inc., Grace Medical, B. Braun Medical Inc., I-SENS, Infopia, Hainice Medical, Mendor, All Medicus, 77 Elektronika Kft., Delta, OK Biotech, MEDISANA, FIFTY 50, Nova Biomedical, Oak Tree Health, Omnis Health, Simple Diagnostics, US Diagnostics, Inc., SD Bio Standard Diagnostics, Nipro, Terumo, Homemed (Pty) Ltd, Sinocare Inc., Yuwell Medical, Yicheng Electrical.
The glucose meter market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glucose Meter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glucose Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glucose Meter Market - Supply Chain
4.5. Global Glucose Meter Market Forecast
4.5.1. Glucose Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glucose Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glucose Meter Market Absolute $ Opportunity
5. Global Glucose Meter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glucose Meter Market Size and Volume Forecast by Type
5.3.1. 0.5uL/0.6uL
5.3.2. 1uL
5.3.3. 1.5uL
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glucose Meter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glucose Meter Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Home Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glucose Meter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glucose Meter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glucose Meter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glucose Meter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glucose Meter Demand Share Forecast, 2019-2026
9. North America Glucose Meter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glucose Meter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glucose Meter Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Home Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glucose Meter Market Size and Volume Forecast by Type
9.7.1. 0.5uL/0.6uL
9.7.2. 1uL
9.7.3. 1.5uL
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glucose Meter Demand Share Forecast, 2019-2026
10. Latin America Glucose Meter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glucose Meter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glucose Meter Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Home Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glucose Meter Market Size and Volume Forecast by Type
10.7.1. 0.5uL/0.6uL
10.7.2. 1uL
10.7.3. 1.5uL
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glucose Meter Demand Share Forecast, 2019-2026
11. Europe Glucose Meter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glucose Meter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glucose Meter Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Home Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glucose Meter Market Size and Volume Forecast by Type
11.7.1. 0.5uL/0.6uL
11.7.2. 1uL
11.7.3. 1.5uL
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glucose Meter Demand Share, 2019-2026
12. Asia Pacific Glucose Meter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glucose Meter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glucose Meter Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Home Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glucose Meter Market Size and Volume Forecast by Type
12.7.1. 0.5uL/0.6uL
12.7.2. 1uL
12.7.3. 1.5uL
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glucose Meter Demand Share, 2019-2026
13. Middle East & Africa Glucose Meter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glucose Meter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glucose Meter Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Home Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glucose Meter Market Size and Volume Forecast by Type
13.7.1. 0.5uL/0.6uL
13.7.2. 1uL
13.7.3. 1.5uL
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glucose Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glucose Meter Market: Market Share Analysis
14.2. Glucose Meter Distributors and Customers
14.3. Glucose Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Roche
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bayer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Abbott
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OMRON Healthcare India Pvt Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ARKRAY, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grace Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B. Braun Medical Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. I-SENS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Infopia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hainice Medical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mendor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. All Medicus
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. 77 Elektronika Kft.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Delta
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. OK Biotech
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MEDISANA
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. FIFTY 50
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nova Biomedical
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Oak Tree Health
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
