PUBLISHER: QYResearch | PRODUCT CODE: 1873705
PUBLISHER: QYResearch | PRODUCT CODE: 1873705
The global market for BGMS (Blood Glucose Monitoring System) was estimated to be worth US$ 16588 million in 2024 and is forecast to a readjusted size of US$ 32002 million by 2031 with a CAGR of 9.7% during the forecast period 2025-2031.
A blood glucose monitoring system is a medical device or system used to measure and track blood glucose (sugar) levels in individuals, especially those with diabetes. It includes traditional self-monitoring blood glucose (SMBG) devices using test strips and glucometers, as well as advanced continuous glucose monitoring (CGM) systems that provide real-time data through wearable sensors. These systems help patients and healthcare providers manage blood sugar levels, adjust medications, and prevent complications like hypoglycemia or hyperglycemia.
The blood glucose monitoring system market is primarily driven by the global rise in diabetes prevalence, fueled by aging populations, sedentary lifestyles, and poor dietary habits. Growing awareness of the importance of glucose control, along with increased healthcare spending and government support for chronic disease management, is boosting demand for both continuous glucose monitors (CGMs) and self-monitoring blood glucose (SMBG) devices. Technological advancements such as smartphone connectivity, real-time alerts, and non-invasive sensors are further expanding the market, especially among younger and tech-savvy patients.
Despite strong demand, the market faces several challenges. High device costs, especially for CGMs and advanced digital platforms, limit access in low- and middle-income countries. In addition, user adherence and accuracy concerns-particularly with improper device usage or calibration errors-can impact clinical outcomes and patient trust. Regulatory hurdles, reimbursement issues, and the need for continuous innovation to differentiate in a competitive market also pose significant obstacles for manufacturers.
This report aims to provide a comprehensive presentation of the global market for BGMS (Blood Glucose Monitoring System), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of BGMS (Blood Glucose Monitoring System) by region & country, by Type, and by Application.
The BGMS (Blood Glucose Monitoring System) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding BGMS (Blood Glucose Monitoring System).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of BGMS (Blood Glucose Monitoring System) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of BGMS (Blood Glucose Monitoring System) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of BGMS (Blood Glucose Monitoring System) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.