Dublin, December 31, 2021 (GLOBE NEWSWIRE) – The “United States Blood Glucose Monitoring Devices Market, By Product (Self-Monitoring Blood Glucose Devices vs. Continuous Blood Glucose Monitoring Devices), By Application, By End User, By Region, Competition Forecast And opportunities, 2026 ” the report was added to ResearchAndMarkets.com offer.
The United States Blood Glucose Monitoring Devices Market is valued at USD 3,088.16 million in 2020 and is expected to register a CAGR value of 7.53% during the forecast period, to reach USD 4,689.97 million d ‘by 2026F.
This steady growth in the market for blood glucose monitoring devices in the United States can be attributed to the rapid increase in diabetes cases. The growing demand for medical monitoring devices to regularly monitor failing blood glucose levels is further driving the growth of the blood glucose monitoring devices market in the United States over the next five years.
In addition, increased investment in the healthcare industry is supporting the growth of the US blood glucose monitoring devices market over the next five years. The rapid increase in the geriatric population further contributes to the growth of the market for blood glucose monitoring devices in the United States over the next five years.
The geriatric population is more prone to diabetic conditions, and their concerns about monitoring blood sugar fluctuations are also supporting the growth of the blood glucose monitoring devices market in the United States in the future.
The growing population concerned with health and inclined to monitor their daily glucose consumption is also contributing to the growth of the United States Blood Glucose Monitoring Devices market over the forecast years up to 2026.
The United States Blood Glucose Monitoring Devices market is segmented by product, application, end user, company, and regional distribution. On the basis of the product, the market is further divided into Self-Monitoring Blood Glucose Devices and Continuous Blood Glucose Monitoring Devices.
Self-monitoring blood glucose devices are expected to register the largest revenue shares in the market and dominate the market segment owing to the increasing demand for the monitoring devices. Further segmentation is performed in test strips, lancets and glucometers.
Demand for glucometers is expected to be highest due to the growing number of diabetic patients in the country. Regular monitoring and consistent record keeping of daily tests are maintained by the blood glucose monitors and the smartphone-based functions of these blood glucose monitors are also expected to support the growth of the sub-segment as well as the growth of the Blood Glucose Monitoring Devices market in the States. -United in the next five years.
Continuous glucose monitoring devices are further divided into sensors, transmitters and receivers, and integrated insulin pumps. The increasing severity of diabetic conditions and their impact on the health of the patient where the patient suffers from cardiovascular diseases are expected to drive the growth of the blood glucose monitoring devices market in United States during the forecast period.
The major players in the United States Blood Glucose Monitoring Devices Market are
- Abbott Laboratories, Inc.
- Medtronic USA Inc.
- Roche Diagnostics Corporation
- Dexcom, Inc.
- B. Braun Medical Inc.
- Becton, Dickinson and company
- Sanofi-Aventis US LLC
- Insulet Corporation
- Nipro Medical Society
- Terumo Medical Society
Scope of the report:
Years considered for this report:
- Historical years: 2016-2019
- Baseline year: 2020
- Estimated year: 2021
- Forecast period: 2022-2026
United States Blood Glucose Monitoring Devices Market, By Product:
- Blood glucose monitoring devices
- Continuous glucose monitoring devices
United States Blood Glucose Monitoring Devices Market, By Application:
- Type 2 diabetes
- Type 1 diabetes
- Gestational Diabetes
United States Blood Glucose Monitoring Devices Market, By End User:
- Home care settings
- Hospital and clinics
United States Blood Glucose Monitoring Devices Market, By Region:
- Where is
For more information on this report, visit https://www.researchandmarkets.com/r/ydsuo9
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