Blood Glucose Monitoring Devices Market Share

North American Market Forecast

The North America blood glucose monitoring devices market is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the rising cases of diabetes with the prevalence of obesity owing to an inactive lifestyle. 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 Statistics

Further, the Asia Pacific blood glucose monitoring devices market is also estimated to display lucrative revenue by the end of 2037. 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.