As per the International Diabetes Foundation, the number of adults suffering from diabetes was around 425 million and is expected to reach 630 million by 2045. The prevalence of diabetes is primarily increasing owing to the rapid adoption of sedentary lifestyle and unhealthy food habits. This further shows that the demand for blood glucose monitoring systems will increase, thereby driving the global blood glucose monitoring systems market.
Key Stakeholders:
- Raw material suppliers
- Distributors/traders/wholesalers/suppliers
- Regulatory bodies, including government agencies and NGO
- Commercial research and development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries
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Market Segmentation:
By Device
- Continuous Blood Glucose Monitoring Systems
- Self-monitoring of Blood Glucose Monitoring Systems
By Type
- Non-invasive
- Invasive
By Modality
- Wearable
- Non-wearable
By Distribution Channel
- Institutional Sales
- Retail Sales
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