Based on the product the blood glucose meter market segments include continuous glucose monitoring devices and self monitoring blood glucose systems.
Blood glucose monitoring devices market.
Key factors driving this market are rising incidence of diabetes coupled with increasing geriatric population prone to diabetes.
The global blood glucose monitoring devices market size was valued at usd 10 4 billion in 2018 and is projected to exhibit a cagr of 7 1 during the forecast period.
The blood glucose monitoring device market is anticipated to reach over usd 2 61 billion by 2026 according to a new research published by the market research report.
By type the global market segments include wearable and non wearable.
On the basis of technique the market is categorized into invasive and non invasive.
The global self monitoring blood glucose devices market size is expected to gain market growth in the forecast period of 2020 to 2025 with a cagr of 3 2 in the forecast period of 2020 to 2025.