Non-Invasive Blood Glucose Monitoring Devices Market Size, Share, Outlook and Opportunity Analysis 2018-2026

 

Non-Invasive Blood Glucose Monitoring Devices Market
Non-Invasive Blood Glucose Monitoring Devices Market

Non-invasive glucose monitoring provides exceptional guarantees for diabetes management by providing better and painless blood glucose estimation, prompting the expansion of the non-invasive blood glucose screen market in the anticipated time frame. These devices are used to estimate blood glucose levels in diabetic patients without penetrating the skin or causing pain or injury. The glucose monitoring device must track the regular changes in blood glucose levels in diabetic patients. Glucose monitoring devices can be invasive or non-invasive; however, the non-invasive blood glucose monitoring devices market is expanding due to the need for a cost-effective, compact, simple, and useful device for patients to use.

 

North America to Dominate Global Non-invasive Blood Glucose Monitoring Devices Market

The global non-invasive blood glucose monitoring devices market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America led the global non-invasive blood glucose monitoring devices market in terms of revenue in 2019, followed by Europe. The region's large market share can be attributed to the region's high disease prevalence and well-established health care infrastructure, which allows for proper diagnosis. According to the American Diabetes Association, 34.2 million Americans, or 10.5 percent of the population, had diabetes in 2018. Furthermore, type 1 diabetes affects 1.6 million people, including approximately 187,000 children and adolescents.

However, the Asia Pacific market is expected to grow rapidly during the forecast period, owing to an increase in diabetes prevalence and increased awareness about diagnosis and treatment. The majority of Asia Pacific countries are economically developing, and a number of major players are making significant investments in the region. These factors contribute to the market's expansion in Asia Pacific. According to the International Diabetes Federation (IDF), diabetes prevalence has risen in developing countries as a result of rapid and ongoing socioeconomic transition, and it is expected to rise further.

 

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