Global Blood Glucose Monitors Market Research Report; Latest Trends, Size, Share & Industry Analysis until 2025: Abbott, Roche, 3M, Philips, GE & Johnson & Johnson

AnalystView Market Insights always aims at offering an in-depth and comprehensive analysis on different industry domains. This newly published market research report on the global blood glucose monitors market is a significant part of AnalystView Market Insights’ machinery portfolio and represents detailed insights into this market space. The comprehensive study on blood glucose monitors market provides market estimation for brand segment which is primarily categorized into FreeStyle, Contour, Accu-Chek, OneTouch and other BGM brands. The market size and forecast for each brand has been provided for the period 2014 to 2025, considering 2014 and 2015 as the base year. The report also provides the compounded annual growth rate and due to (% CAGR) for the forecast period 2016 to 2025 for each brand segment.

The global blood glucose monitors market is expected to grow at growth rate of 6.1% to reach USD 14.30 billion by 2025. This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 150 pages.

Diabetes is a chronic disease, occurs when the body is unable to produce insulin or when the level of glucose rises above a certain limit. Blood glucose monitors are primarily used to control/monitor the blood glucose level on day to day basis. This research involves the study for a wide range of blood glucose brands available commercially. Blood glucose monitor industry offers lucrative business opportunities for companies due to technological advancements, increased acceptance of home healthcare, and cost-effective alternatives compared to hospital visits. The market for blood glucose monitors is expected to experience steady growth owing to the continuous rise in the incidence of diabetes across the globe. As per the World Health Organization (WHO), more than 422 million patients had diabetes across the globe in 2014.

While the numbers of diabetes population are climbing rapidly, creating awareness among the physicians about complete diabetes care is also essential. Increasing health awareness among patients has led to an increased demand for blood glucose monitors. Patients have realized the need to monitor the glucose level in blood at regular intervals to avoid any complications due to irregular food habits. Moreover, with increasing self-medication trends, patients are now turning to self-monitoring with the advent of more and more portable diagnostic and monitoring devices for various health conditions. Moreover, lack of time has further propelled the decision to monitor the health at home. Such factors have contributed significantly towards the growth of the market in many emerging countries. However, rising preference for alternative products such as the continuous blood glucose monitoring devices (CGM) and HbA1c testing devices are hindering the market growth.

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Key Takeaways:

• Among the different brands, Johnson & Johnson’s OneTouch holds the strong position of the global BGM market. In 2017, this brand has recorded the sale of more than USD 2.2 billion globally.
• Strong marketing strategy by the company for OneTouch is expected for fuel the market growth to a great extent
• On the other hand, Accu-Check (brand of Roche Diagnostics) is growing with the promising growth rate over the forecast period
• This device is featured with personalizing bolus insulin calculation system, no-code technology and a range of easy to use diabetes management functionalities that provide accurate blood glucose result.
• North America dominates the market regarding value. Rapid adoption of new technologies, high awareness among patients, and high usage of glucose meter strips are the major factors responsible for its high market value.
• Although the number of users are increasing, but a decrease in the product value has impacted negatively to the industry revenue in the U.S. Companies are therefore focusing on providing services to patients rather than just the device.
• The growth prospects are in the Asia-Pacific and Latin America regions where there is inadequate penetration of the market players. China and Indian are two high potential markets which will drive the regional demand.
• Major market players include Abbott, Roche, 3M, Philips Healthcare, GE Healthcare, Johnson & Johnson, Omron Healthcare, and Bayer.
• Roche dominates the market with a 27% share in 2015 through its leading brand Accu-Chek. However, other brands like OneTouch and FreeStyle are giving a tough competition to Accu-Chek with their aggressive expansion plans.
• Companies are providing patients with the benefits of new technologies to ease their diabetes monitoring and compete with global players
• Local/regional players in different markets are competing with global players who lack the understanding of the psychology and behavior of the general public.
• Therefore, acting locally is very important for global players to beat the regional competition

Browse full research highlight with in-depth ToC on “Blood Glucose Monitors Market, By Brands and Geography – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
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The scope of this report covers the market by its major segments, as follows:

MARKET, BY BRANDS
1. FreeStyle
2. Contour
3. Accu-Chek
4. OneToch
5. Others

MARKET, BY REGION
1. North America
- U.S.
- Canada
2. Europe
- Germany
- France
- Rest of Europe
3. Asia Pacific
- India
- China
- Rest of APAC
4. Rest of the World
- Middle East and Africa
- Latin America

Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles):
1. Abbott Laboratories
2. F. Hoffman-La Roche
3. 3M Healthcare
4. Philips Healthcare
5. GE Healthcare
6. Omron Healthcare
7. Johnson & Johnson
8. Bayer Healthcare

Key Question Answered:
1. What are the key market trends, drivers, barriers, opportunities and recommendations?
2. What will the market size be from 2014 to 2025 and expected growth rate?
3. What is the revenue share of blood glucose monitors market, by types, by brand, and by different geographies?
4. Who are the largest revenue contributor as well as fastest growing category for respective industry segments?
5. Who are the key vendors in Global Blood Glucose Monitors Market space?
6. What are the strategies adopted by key vendors to expand their market presence?
7. What is the revenue share of key players operating in this market (2017)?

* Please note that preparing of customized report catering to a particular region or country is also possible within quicker time frame as we follow bottom-up research methodology

Value Proposition:
• We are committed to provide valuable insights to our clients in order to help them take strategic decisions and in turn influencing revenue growth. The proposed study answers several important questions for stakeholders, primarily which industry segments to focus on in the next three to five years for prioritizing investments
• The proposed report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• A thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of the region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

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