Blood Glucose Monitoring Devices Market Regional Analysis:
North American Market Insights
North America region is expected to account for more than 38.8% market share by 2035, driven by rising diabetes cases and increasing adoption of advanced monitoring devices. For instance, it was estimated that around 32.2 million people in the United States, were suffering from diabetes in 2021. Further, the huge investment in research and development activities, along with the increasing adoption of technologically advanced devices, are some further factors that are anticipated to boost the market growth. In addition, the expanding per capita medical expenditure is also anticipated to drive the market growth further during the projected time frame.
APAC Market Insights
Further, the Asia Pacific blood glucose monitoring devices market is also estimated to display lucrative revenue by the end of 2035. The growth of the market can be attributed to the large pool of diabetes patients who have been dealing with insulin-dependent diabetes, along with the escalating ratio of aged people in the region. In addition to this, rising awareness about diabetes preventive care, followed by improving healthcare facilities are some more factors that are anticipated to drive the growth of the market in the region throughout the forecast period.
