Overview

Diabetes Monitoring Devices Market is poised to value over USD 34 billion by 2027 end at a CAGR of over 6% during the forecast period 2020 to 2027

Diabetes is one of the most prevalent diseases across the world. People diagnosed with diabetes must test their insulin levels multiple times in a day, and there are various monitoring devices developed by companies that help in keeping track of the blood sugar levels. One of the most used devices for monitoring diabetes takes blood sample from the patient by pricking their finger using a lancet. But thus can be painful and uncomfortable for many people, thereby resulting in the reduction of the frequency of testing blood sugar leading to its mismanagement. Therefore, many European companies are developing needle-free options which shall make the blood test pain-free. For instance, the FreeStyle Libre, a device developed by Abbot Diabetes Care, has a small patch of sensor that can be placed on the arm. This device can be worn for over 15 days. This patch measures the levels of glucose in the interstitial fluid right under the skin. This device is not capable of providing accurate results as the conventional blood test, but it helps to keep a continuous track on the glucose levels with the help of a mobile application to which this device can be connected.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Diabetes Monitoring Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Diabetes Monitoring Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

Major players included in the Diabetes Monitoring Devices Market:

  • Abbott Laboratories
  • ACON Laboratories, Inc.
  • Ascensia Diabetes Care Holdings AG
  • Becton, Dickinson and Company
  • Dexcom, Inc.
  • F. Hoffmann-La Roche Ltd
  • Johnson & Johnson
  • Medtronic plc.
  • Novo Nordisk A/S
  • Terumo Corporation.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Diabetes Monitoring Devices Market

Diabetes Monitoring Devices Market Segmentation:

 By Product

  • Monitoring Devices
  • Self-monitoring Blood Glucose Meters
  • Testing Strips
  • Lancets
  • Continuous Glucose Monitors
  • Insulin Delivery Devices 
  • Insulin Pump
  • Insulin Syringes
  • Insulin Pens
  • Insulin Jet Injectors

By End User

  • Hospitals and Clinics
  • Diagnostic Centers
  • Home Settings

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape:

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the Diabetes Monitoring Devices Market By Product, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific and rest of the world
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

Flexible Delivery Model:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics