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Showing posts with the label Blood Glucose Meters Industry

Blood Glucose Meters Industry Is Estimated To Expand Further At A CAGR Of 7.30% From 2023 To 2030

  The global blood glucose meters industry size was valued at USD 15.80 billion in 2022 and will register a robust CAGR of around 7.3% from 2023 to 2030, according to the “ Blood Glucose Meters Industry Data Book, 2023-2030 ,”  published by Grand View Research. An unprecedented rise in the diabetic population has furthered the demand for technologies monitoring blood glucose. In November 2022, the Pan American Health Organization (PAHO) report claimed that around 62 million people live with diabetes in the Americas, which is forecast to reach 109 million by 2040. The trend for glucose monitoring devices and boosting the capacity for the early diagnosis of diabetes will encourage leading players to foster their penetration.  Blood glucose monitoring devices have witnessed increased traction across developing and developed countries, mainly due to the need to stay on track with blood sugar goals. The growth trajectory is primarily attributed to the trend for continuous gluc...

Blood Glucose Meters Industry Reaching Nearly USD 15.8 Billion By 2022

  Blood Glucose Meters Industry Data Book Covers Point-of-care Glucose Testing Devices, Self-Monitoring & Continuous Blood Glucose Monitors Markets. The global  blood glucose meters industry  size was estimated at USD 15.80 billion in 2022. The market is expected to expand at a CAGR of 7.3% CAGR (2023-2030). Point-of-Care Glucose Testing Market Report Highlights The global point-of-care glucose testing market size was valued at USD USD 3.27 billion in 2022, and it is expected to reach USD 4.5 billion by 2030, growing at a CAGR of 3.7% CAGR (2023-2030). Accu-Chek Inform II accounted for the largest revenue share in 2021 and is anticipated to maintain this trend throughout the forecast period Bayer Contour blood glucose monitoring system is set to grow at a CAGR of 6.1% from 2022 to 2030 North America is the leading regional market due to the higher penetration of novel diagnostic techniques Asia Pacific is estimated to register the fastest CAGR owing to the ever-increa...