Market Overview:
The global non-invasive glucose meter market is expected to grow at a CAGR of 7.5% 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 settings. Based on type, the global non-invasive glucose meter market is segmented into wearable and non-wearable devices. The wearable devices segment is expected to grow at a higher CAGR than the non-wearable devices segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as increasing adoption of smart watches and other wearable devices by people across the globe and technological advancements in these devices that are helping them capture accurate blood sugar readings. Based on application, the global non-invasive glucose meter market is divided into hospitals, home care settings, clinics, and others (including research institutes/laboratories). The hospitals segment accounted for majority share of this market in 2017; however, it is anticipated that this share will decline during the forecast period owing to growing preference for home care settings among patients with diabetes mellitus (DM).
Product Definition:
A noninvasive glucose meter is a medical device that measures blood glucose levels without drawing blood. Noninvasive meters use sensors placed on the skin to detect glucose levels in interstitial fluid, the fluid surrounding cells.
Wearable:
The global wearable market size was valued at USD 2.1 billion in 2015 and is expected to witness a growth of over 50% by 2022, owing to the increasing adoption of these devices among patients suffering from diabetes mellitus. The rising geriatric population base worldwide is also one of the key factors driving demand for such advanced products as they are easy-to-use and provide accurate results.
Non-Wearable:
Non-wearable and its usage in non-invasive glucose meter market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing prevalence of diabetes, growing awareness about self-monitoring devices among patients, technological advancements in these devices and favorable government initiatives.
Application Insights:
The others application segment includes diabetes clinics, home care settings and hospitals. The hospital segment dominated the market in terms of revenue in 2017 due to a large patient base with diabetes. Furthermore, an increasing number of research studies are supporting the use of non-invasive glucose meters for blood glucose testing in hospitalized patients to reduce complications associated with improper blood sugar control. These factors are expected to drive growth over the forecast period.
The home care setting is anticipated to be one of the fastest-growing segments owing to an increase in demand for self-monitoring devices among patients suffering from diabetes or at risk for developing it. This has led manufacturers such as Medtronic and Roche Diabetes Care Pvt Ltd., along with healthcare professionals, including endocrinologists and diabetologists, recommend these devices as they can be used without any professional help at home which will eventually boost product adoption over the forecast period (2017 - 2030).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high awareness about new technologies, and availability of advanced products. The region is expected to maintain its dominance throughout the forecast period owing to continuous technological advancements and increasing prevalence diabetes in U.S., Canada, and Mexico.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income levels coupled with growing health awareness among people; these factors are expected drive demand for glucose meters in this region over the next eight years. Moreover, an increase in investments by international companies for expansion into untapped areas will boost growth further during this period as they see huge potential due to low penetration rate compared with other developed regions such as North America & Europe & Latin America & Middle East Africa). For instance; Roche Diabetes Care Pvt Ltd.
Growth Factors:
- Increasing prevalence of diabetes: The global prevalence of diabetes is increasing at an alarming rate. This is primarily due to the changing lifestyle and dietary habits of people across the world. As a result, there is an increased demand for diagnostic devices such as non-invasive glucose meters that can help in early diagnosis and treatment of diabetes.
- Technological advancements: The development of new technologies has led to the introduction of innovative non-invasive glucose meters in the market. These devices are equipped with advanced features that make them more user-friendly and accurate than traditional meters. This is likely to boost their demand in the coming years.
- Growing awareness about diabetic complications: There is a growing awareness among people about the complications associated with diabetes such as heart disease, stroke, kidney failure, etcetera . As a result, they are increasingly looking for ways to monitor their blood sugar levels regularly and take timely corrective action if needed.. Non-invasive glucose meters play a key role in this regard by providing accurate readings quickly and easily..
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Invasive Glucose Meter Market Research Report
By Type
Wearable, Non-Wearable
By Application
Hospitals, Home Care Settings, Clinics, Others
By Companies
Abbott, Glucowise (MediWise), DEXCOM, Integrity Applications, Cnoga Medical
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Non-Invasive Glucose Meter Market Report Segments:
The global Non-Invasive Glucose Meter market is segmented on the basis of:
Types
Wearable, Non-Wearable
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
Hospitals, Home Care Settings, Clinics, Others
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:
- Abbott
- Glucowise (MediWise)
- DEXCOM
- Integrity Applications
- Cnoga Medical
Highlights of The Non-Invasive 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:
- Wearable
- Non-Wearable
- By Application:
- Hospitals
- Home Care Settings
- Clinics
- Others
- 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 Non-Invasive 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 non-invasive glucose meter is a type of medical device that measures blood sugar levels without the need for a needle. These meters use light or radio waves to detect glucose in the blood, and then send this information to a computer or other device for analysis. They are often smaller and more portable than traditional diabetes testing methods, making them easier to use.
Some of the major companies in the non-invasive glucose meter market are Abbott, Glucowise (MediWise), DEXCOM, Integrity Applications, Cnoga Medical.
The non-invasive glucose meter market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Invasive 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. Non-Invasive 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. Non-Invasive Glucose Meter Market - Supply Chain
4.5. Global Non-Invasive Glucose Meter Market Forecast
4.5.1. Non-Invasive Glucose Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Invasive Glucose Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Invasive Glucose Meter Market Absolute $ Opportunity
5. Global Non-Invasive 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. Non-Invasive Glucose Meter Market Size and Volume Forecast by Type
5.3.1. Wearable
5.3.2. Non-Wearable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Invasive 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. Non-Invasive Glucose Meter Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Home Care Settings
6.3.3. Clinics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Invasive 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. Non-Invasive 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 Non-Invasive 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. Non-Invasive 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 Non-Invasive Glucose Meter Demand Share Forecast, 2019-2026
9. North America Non-Invasive 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 Non-Invasive 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 Non-Invasive Glucose Meter Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Home Care Settings
9.4.3. Clinics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-Invasive Glucose Meter Market Size and Volume Forecast by Type
9.7.1. Wearable
9.7.2. Non-Wearable
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 Non-Invasive Glucose Meter Demand Share Forecast, 2019-2026
10. Latin America Non-Invasive 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 Non-Invasive 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 Non-Invasive Glucose Meter Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Home Care Settings
10.4.3. Clinics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-Invasive Glucose Meter Market Size and Volume Forecast by Type
10.7.1. Wearable
10.7.2. Non-Wearable
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 Non-Invasive Glucose Meter Demand Share Forecast, 2019-2026
11. Europe Non-Invasive 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 Non-Invasive 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 Non-Invasive Glucose Meter Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Home Care Settings
11.4.3. Clinics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Invasive Glucose Meter Market Size and Volume Forecast by Type
11.7.1. Wearable
11.7.2. Non-Wearable
11.8. Basis Point Share (BPS) Analyis 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 Non-Invasive Glucose Meter Demand Share, 2019-2026
12. Asia Pacific Non-Invasive 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 Non-Invasive 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 Non-Invasive Glucose Meter Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Home Care Settings
12.4.3. Clinics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-Invasive Glucose Meter Market Size and Volume Forecast by Type
12.7.1. Wearable
12.7.2. Non-Wearable
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 Non-Invasive Glucose Meter Demand Share, 2019-2026
13. Middle East & Africa Non-Invasive 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 Non-Invasive 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 Non-Invasive Glucose Meter Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Home Care Settings
13.4.3. Clinics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-Invasive Glucose Meter Market Size and Volume Forecast by Type
13.7.1. Wearable
13.7.2. Non-Wearable
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 Non-Invasive Glucose Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Non-Invasive Glucose Meter Market: Market Share Analysis
14.2. Non-Invasive Glucose Meter Distributors and Customers
14.3. Non-Invasive Glucose Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Glucowise (MediWise)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DEXCOM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Integrity Applications
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cnoga Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook