Asia-Pacific Blood Glucose Monitoring Market Share, Size, Trends (2022-27)

 

Market Overview

The Asia-Pacific blood glucose monitoring market is expected to register a CAGR above 9% during the forecast period 2021 - 2026, and the market is estimated to reach more than USD 4.6 billion by 2026. Asia-Pacific has countries with the highest diabetic populations, such as China and India, with an average prevalence rate of more than 8.5%. Blood glucose monitoring devices are used for effective diabetes diagnosis and treatment. A rise in the diabetic population drives the market by increasing the use of blood glucose monitoring devices. Obesity is also considered one of the major factors contributing to the disease condition, mainly type 2 diabetes. Also, other factors such as technological innovations and advances provide convenience in measuring blood glucose levels. These devices help in the early detection of hypo- and hyperglycemic conditions, which tend to drive the market for glucose monitoring market.

Scope of the Report

The two main types of blood glucose monitoring devices are included in this study. These devices are further categorized into the self-monitoring blood glucose (SMBG) devices (segmented into glucometer devices, test strips, and lancets) and continuous glucose monitoring (CGM) devices segmented into sensors and durables. The report provides a detailed analysis of the use and demand for glucose monitoring devices in the Asia-Pacific region.

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