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Non-Invasive Glucose-Monitoring Market Trends

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

Non-Invasive Glucose-Monitoring Market Trends

Growth Drivers

  • Rising Prevalence of Diabetes Mellitus
  • Increasing Geriatric Population in the World

Challenges

  • Expensive Non-Invasive Glucose-Monitoring Devices
  • Lack of Accuracy & Sensitivity of the Devices

Non-Invasive Glucose Monitoring Devices Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

21.9%

Base Year Market Size (2023)

USD 27.03 million

Forecast Year Market Size (2036)

USD 354.73 million

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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