Global $19.7 Bn Blood Glucose Monitoring Markets to 2025 : v

Global $19.7 Bn Blood Glucose Monitoring Markets to 2025


Global $19.7 Bn Blood Glucose Monitoring Markets to 2025
July 30, 2021 04:23 ET
| Source:
Research and Markets
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The burgeoning global blood glucose monitoring market is expected to increase at a healthy CAGR of 13.8%, from nearly $9.1bn in 2019, $9.8bn in 2020, to an estimated $19.7bn in 2025.
The blood glucose monitoring devices market includes: conventional handheld blood glucose meters (BGMs) that require frequent fingersticks, and new, sensor-based continuous glucose monitoring systems (CGMs) typically worn the upper arm or abdomen that conveniently monitor blood glucose 24/7, as well as lucrative supplies and software/accessories.
The blood glucose monitoring devices market is thriving despite the COVID-19 pandemic due in part to remote patient use and steadily increasing demand, particularly for novel CGMs such as Abbott's FreeStyle Libre and Dexcom's G6 CGM, which are among the fastest-growing medical device markets in the world.

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