United States Blood Glucose Monitoring Devices Market, By Product (Self Blood Glucose Monitoring Devices v/s Continuous Glucose Monitoring Devices), By Application (Type 2 Diabetes, Type 1 Diabetes, Gestational Diabetes), By End User (Home Care Settings, Hospital & Clinics, Others), By Region, Competition Forecast & Opportunities, 2026

New York, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "United States Blood Glucose Monitoring Devices Market, By Product, By Application, By End User, By Region, Competition Forecast & Opportunities, 2026" - https://www.reportlinker.com/p06192581/?utm_source=GNW

United States blood glucose monitoring devices market was valued at USD3088.16 million in 2020 and is expected to register a CAGR of 7.53% during the forecast period, to reach USD4689.97 million by 2026F. This steady growth of the United States blood glucose monitoring devices market can be attributed to rapidly increasing instances of diabetes. The surging demand for medical monitoring devices to keep a regular check over faltering glucose levels in the blood is further driving the growth of the United States blood glucose monitoring devices market in the upcoming five years. Also, increasing investment in the healthcare sector is supporting the growth of the United States blood glucose monitoring devices market in the next five years. The rapidly increasing geriatric population is further aiding the growth of the United States blood glucose monitoring devices market in the future five years. The geriatric population is more prone to diabetic conditions, and their concerns toward monitoring the fluctuating blood glucose levels are also supporting the growth of the United States blood glucose monitoring devices market in the future. Growing health concerned population that are inclined toward monitoring their daily glucose consumption are also aiding the growth of the United States blood glucose monitoring devices market in the forecast years, until 2026.
The United States blood glucose monitoring devices market is segmented on the basis of product, application, end user, company, and regional distribution.Based on product, the market is further bifurcated into self-blood glucose monitoring devices and continuous blood glucose monitoring devices.

Self-blood glucose monitoring devices are anticipated to register the largest revenue shares of the market and dominate the market segment on account of increasing demand for the monitoring devices.Further segmentation is done into test strips, lancets, and glucometers.

Demand for glucometers is expected to be the highest due to the increasing number of diabetic patients in the country.Regular monitoring and consistent record-keeping of the daily tests are maintained by the glucometers and smartphone-based functions of these glucometers, which is also expected to support the growth of the sub-segment along with the growth of the United States blood glucose monitoring devices market in the future five years.

Continuous glucose monitoring devices are further segmented into sensors, transmitters & receivers, and integrated insulin pumps. Increasing severity of the diabetic conditions and their impact on the patient’s health where the patient suffers from cardiovascular diseases is expected to drive the growth of the United States blood glucose monitoring devices market in the forecast period.
Abbott Laboratories, Inc., Medtronic USA Inc., Roche Diagnostics Corporation, Dexcom, Inc., B. Braun Medical Inc., Becton, Dickinson, and Company, Sanofi-Aventis U.S. LLC, Insulet Corporation, Nipro Medical Corporation, Terumo Medical Corporation, etc., are among the major market players in the United States blood glucose monitoring devices market.

Years considered for this report:

Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026

Objective of the Study:

• To analyze and estimate the market size of United States blood glucose monitoring market from 2016 to 2020.
• To estimate and forecast the market size of United States blood glucose monitoring market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast United States blood glucose monitoring market based on product, application, end user, company, and regional distribution.
• To identify dominant region or segment in the United States blood glucose monitoring market.
• To identify drivers and challenges for United States blood glucose monitoring market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States blood glucose monitoring market.
• To identify and analyze the profile of leading players operating in United States blood glucose monitoring market.
• To identify key sustainable strategies adopted by market players in United States blood glucose monitoring market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across United States.
The analyst calculated the market size of United States blood glucose monitoring market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Blood glucose monitoring manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to blood glucose monitoring
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United States blood glucose monitoring devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• United States Blood Glucose Monitoring Devices Market, By Product:
o Self-Blood Glucose Monitoring Devices
o Continuous Glucose Monitoring Devices
• United States Blood Glucose Monitoring Devices Market, By Application:
o Type 2 Diabetes
o Type 1 Diabetes
o Gestational Diabetes
• United States Blood Glucose Monitoring Devices Market, By End User:
o Home Care Settings
o Hospital & Clinics
o Others
• United States Blood Glucose Monitoring Devices Market, By Region:
o South
o Midwest
o West
o North-East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the United States blood glucose monitoring devices market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06192581/?utm_source=GNW

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