Non-Invasive Glucose-Monitoring Market Analysis

  • Report ID: 2942
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Non-Invasive Glucose-Monitoring Market Analysis

The non-invasive glucose monitoring devices market is segmented based on technology into optical, transdermal, enzymatic, and others, out of which, the optical segment is anticipated to grab the largest share by the end of 2029 on account of higher positive diagnosis rates and better efficiency of this type of glucose-monitoring. Moreover, increasing government approval of glucose monitoring systems globally is also projected to contribute to the growth of the segment during the forecast period.

On the basis of modality, the wearable segment in the non-invasive glucose monitoring devices market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that patients are influenced towards needle-free and painless glucose monitoring systems. As a result, a considerable portion of the population with diabetes mellitus on a global level tend to choose wearable glucose-monitoring devices.

Based on end-user, the homecare segment held the largest share in the non-invasive glucose monitoring devices market on the back of growing advancements in connected devices in self healthcare management of diabetes mellitus. Moreover, increasing adoption of self-management devices by the individuals is further driving the market’s growth. 

 

Our in-depth analysis of the global market includes the following segments:

          By Technology

  • Optical
    • Near-infrared reflectance spectroscopy (NIRS)
    • Raman spectroscopy
    • Optical coherence tomography (OCT)
    • Others
  • Transdermal
  • Enzymatic
  • Others

          By Modality

  • Wearable
  • Non-Wearable

          By End-user

  • Hospitals & Clinics
  • Ambulatory surgical centers (ASC)
  • Homecare
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 2942
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising prevalence of diabetes mellitus and increasing elderly population are the key factors driving market growth.

The market is anticipated to attain a high CAGR over the forecast period, i.e., 2021-2029.

Costly non-invasive glucose-monitoring devices and lack of accuracy and sensitivity are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing awareness about non-invasive glucose-monitoring systems.

The major players dominating the Non-Invasive Glucose-Monitoring market are DiaMonTech AG, Nemaura Medical, Metamaterial Inc., BOYDSense SAS, LifePlus, Inc., Cnoga Medical Ltd., among others.
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