Global Diabetes Monitoring Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Self Blood Glucose Monitoring (Glucometer Devices, Test Strips, and Lancets) and Continous Blood Glucose Monitoring (Sensors and Durables)By Indication;
Type-I Diabetes, Type-II Diabetes, and Gestational DiabetesBy Approach;
Invasive and Non-InvasiveBy End Users;
Hospitals, Clinics, Ambulatory Surgical Centers, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Diabetes Monitoring Devices Market (USD Million), 2021 - 2031
Diabetes Monitoring Devices Market was valued at USD 3,576.12 million in the year 2024. The size of this market is expected to increase to USD 7,613.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.4%.
Global Diabetes Monitoring Devices Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 11.4 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 11.4 % |
Market Size (2024) | USD 3,576.12 Million |
Market Size (2031) | USD 7,613.93 Million |
Market Concentration | Low |
Report Pages | 366 |
Major Players
- Abbott Laboratories
- Ascensia Diabetes Care
- Becton, Dickinson and Company
- Dexcom, Inc.
- Eli Lilly and Company
- F. Hoffmann-La Roche AG
- Insulet Corporation
- Johnson & Johnson
- Medtronic plc
- Nova Biomedical
- Novo Nordisk A/S
- Omron Healthcare, Inc.
- Sanofi S.A.
- Tandem Diabetes Care, Inc.
- Terumo Corporation
- Trividia Health, Inc.
- Ypsomed AG
- ARKRAY Inc.
- Glooko, Inc.
- GlySens Incorporated
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Diabetes Monitoring Devices Market
Fragmented - Highly competitive market without dominant players
The diabetes monitoring devices market is experiencing robust growth, fueled by the widespread incidence of diabetes and the increasing need for reliable glucose tracking tools. With over 10% of the global population living with diabetes, there's a strong demand for effective, user-friendly solutions that enable continuous health management. Lifestyle-related factors are further contributing to this surge.
Technology Enhancements Fueling Market Growth
Modern diabetes monitoring devices now feature advanced technologies like wireless data transmission and integration with mobile apps. These innovations have enhanced user convenience, with over 65% of patients opting for smart monitoring systems. Such advancements are transforming how diabetes is tracked and managed, leading to improved patient outcomes.
Shift Toward Self-Monitoring at Home
Patients are increasingly turning to home-based monitoring devices for better autonomy and flexibility. Statistics show that around 70% of individuals prefer using self-monitoring tools instead of visiting clinics. This growing preference underscores the importance of portable and easy-to-use devices in day-to-day disease control.
Preventive Health Focus on the Rise
There is a clear movement toward preventive and continuous diabetes care, thanks to increasing public awareness. About 60% of those diagnosed with diabetes now actively monitor their glucose levels on a regular basis. This shift toward proactive management is driving demand for devices that offer precision and real-time feedback.
Key Limitations and Future Outlook
Challenges such as cost barriers and limited access to high-end devices persist, particularly in underserved areas. However, ongoing efforts in R&D and the push for more accessible solutions are expected to bridge these gaps. The market continues to show strong potential as innovation focuses on affordability, accuracy, and patient-centric design.
Global Diabetes Monitoring Devices Market Recent Developments
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In April 2023, Undbio disclosed its intention to invest USD 100 million in constructing a US-based insulin manufacturing plant. The South Korean firm plans to establish a new facility in West Virginia to produce insulin and distribute its products within the country
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In July 2023, CharmHealth and Bioverge have jointly invested in My Diabetes Tutor, a startup dedicated to improving the lives of individuals with diabetes
Segment Analysis
In this report, the Global Diabetes Monitoring Devices Market has been segmented by Product Type, Indication, Approach, End Users and Geography.
Global Diabetes Monitoring Devices Market, Segmentation by Product Type
The Global Diabetes Monitoring Devices Market has been segmented by Product Type into Self Blood Glucose Monitoring (Glucometer Devices, Test strips, and Lancets) and Continous Blood Glucose Monitoring (Sensors and Durables).
Self Blood Glucose Monitoring (SBGM)
Self Blood Glucose Monitoring leads the diabetes monitoring devices market, capturing about 65% of the global share. This segment includes glucometers, test strips, and lancets, widely used by patients for home-based diabetes management. The combination of low cost, ease of use, and broad availability makes SBGM a preferred choice, especially in developing regions.
Continuous Blood Glucose Monitoring (CGM)
Continuous Blood Glucose Monitoring holds a significant 35% share and is growing rapidly due to its real-time glucose tracking capabilities. This category includes advanced sensors and durables that enable continuous readings without frequent fingersticks. CGMs are increasingly adopted by patients with Type 1 diabetes and healthcare providers aiming for better glycemic control.
Global Diabetes Monitoring Devices Market, Segmentation by Indication
The Global Diabetes Monitoring Devices Market has been segmented by Indication into Type-I Diabetes, Type-II Diabetes, and Gestational Diabetes.
Type-I Diabetes
Type-I diabetes represents nearly 35% of the diabetes monitoring devices market. Individuals with this condition require frequent glucose monitoring, often relying on CGM systems and glucometers to maintain tight glycemic control. The need for real-time data and insulin management drives strong demand in this segment.
Type-II Diabetes
Type-II diabetes holds the dominant 55% share of the market, fueled by a surge in obesity, aging populations, and sedentary lifestyles. Most patients use self-monitoring blood glucose (SMBG) devices for regular tracking at home or in outpatient settings. As the most prevalent diabetes type, it drives bulk device usage globally.
Gestational Diabetes
Gestational diabetes accounts for around 10% of the market. Monitoring is vital during pregnancy to ensure the health of both mother and baby. Increased screening awareness, especially in older pregnant women and high-risk populations, is contributing to the segment's steady growth.
Global Diabetes Monitoring Devices Market, Segmentation by Approach
The Global Diabetes Monitoring Devices Market has been segmented by Approach into Invasive and Non-Invasive.
Invasive
Invasive glucose monitoring leads the global market with a dominant 85% share. Devices in this segment include finger-prick-based glucometers, test strips, and continuous glucose monitoring (CGM) systems that involve sensor insertion. Their high clinical accuracy, reliability, and cost-effectiveness make them the preferred approach for routine glucose tracking, particularly in Type 1 and advanced Type 2 diabetes cases.
Non-Invasive
Non-invasive glucose monitoring holds a growing 15% share and is quickly becoming a promising segment. These devices eliminate the need for needle pricks, using advanced technologies like optical scanning, infrared sensing, and bioimpedance analysis. The appeal of pain-free, real-time glucose readings is driving adoption among both patients and healthcare providers focused on next-gen diabetes care.
Global Diabetes Monitoring Devices Market, Segmentation by End Users
The Global Diabetes Monitoring Devices Market has been segmented by End Users into Hospitals, Clinics, Ambulatory Surgical Centers, and Others.
Hospitals
Hospitals lead the global diabetes monitoring devices market with a robust 45% share. These institutions rely on a wide range of invasive and continuous glucose monitoring (CGM) technologies for accurate diagnosis and long-term management. With access to advanced equipment and multidisciplinary teams, hospitals play a central role in treating patients with complex or comorbid diabetes conditions.
Clinics
Clinics account for about 30% of the market, providing outpatient diabetes care, routine monitoring, and follow-up services. Their accessibility, focus on chronic disease management, and the rise of diabetes specialty centers are fueling adoption of diagnostic tools that support efficient, personalized treatment.
Ambulatory Surgical Centers (ASCs)
ASCs represent nearly 15% of the market. These centers use glucose monitoring systems to ensure perioperative safety in diabetic patients undergoing minor or elective procedures. The emphasis on rapid turnaround and low-cost care drives their utilization of compact, real-time monitoring devices.
Others
The “Others” segment makes up around 10% of the market and includes home care settings, diagnostic laboratories, and pharmacies. The increasing popularity of self-monitoring solutions, remote glucose monitoring, and telehealth integration is expanding the use of these devices beyond traditional healthcare institutions.
Diabetes Monitoring Devices Market, Segmentation by Geography
In this report, the Global Diabetes Monitoring Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Diabetes Monitoring Devices Market Share (%), by Geographical Region
North America
North America leads the global diabetes monitoring devices market with a strong 38% share. The region benefits from advanced healthcare systems, high rates of diabetes awareness, and broad access to insurance coverage for glucose monitoring technologies. The U.S. plays a central role, especially in the adoption of continuous glucose monitoring (CGM) systems.
Europe
Europe holds approximately 28% of the market, driven by early screening programs, government support, and a large base of aging diabetic patients. Countries such as Germany, France, and the UK are investing heavily in innovative monitoring solutions and expanding access to diabetes care technologies.
Asia Pacific
Asia Pacific captures 22% of the market and is the fastest-growing region. The surge in Type 2 diabetes cases, rising healthcare access, and increased use of wearable health devices in countries like China, India, and Japan are accelerating growth. Government initiatives and tech-driven healthcare innovation are also boosting adoption.
Middle East & Africa
Middle East & Africa make up about 7% of the global market. Growth is supported by increasing awareness of lifestyle-related diseases, expanding urban healthcare infrastructure, and the rising availability of diagnostic devices. Key growth markets include the UAE, Saudi Arabia, and South Africa.
Latin America
Latin America accounts for nearly 5% of the market. The region is seeing greater investment in public health campaigns, rising rates of obesity and diabetes, and improved access to primary care services. Brazil and Mexico are the dominant markets, with growing use of self-monitoring and digital diabetes tools.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Diabetes Monitoring Devices Market. These factors include; Market Drivers, Restraints, and Opportunities.
Drivers, Restraints, and Opportunity Analysis
Drivers
- Personalized Medicine and Digital Health
- Growing Awareness and Education
- Government Support and Reimbursement Policies
- Increasing Geriatric Population
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Rising Prevalence of Diabetes - The rising prevalence of diabetes globally is a key driver for the diabetes monitoring devices market. Diabetes has become a major public health concern, affecting millions of people worldwide and creating a growing need for effective management and monitoring solutions. This increase in the diabetic population is fueled by factors such as sedentary lifestyles, unhealthy dietary habits, and genetic predisposition. As more people are diagnosed with diabetes, there is a higher demand for monitoring devices like glucometers and continuous glucose monitors to help individuals track and manage their blood sugar levels.
The rising awareness about the importance of regular blood glucose monitoring for better diabetes management contributes to the market's growth. Healthcare providers are increasingly recommending routine monitoring to help patients maintain optimal glucose levels and prevent complications associated with diabetes. This awareness extends to patients, who are becoming more proactive in seeking out monitoring devices to help manage their condition effectively.
As a result, the market for diabetes monitoring devices is expected to expand as the prevalence of diabetes continues to rise. This trend creates significant opportunities for manufacturers and healthcare providers to innovate and offer more advanced, user-friendly, and accurate monitoring devices to cater to the growing needs of the diabetic population.
Restraints
- Lack of Standardization
- Cultural Barriers
- Dependency on Healthcare Infrastructure
- Limited Awareness in Developing Regions
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Data Privacy and Security Concerns - Data privacy and security concerns pose a significant restraint to the diabetes monitoring devices market. As monitoring devices become more advanced and interconnected, they often collect and transmit sensitive patient data, including blood glucose levels and other health metrics, to cloud-based storage or healthcare providers. This digital integration raises concerns about the protection of patients' personal health information.
Patients and healthcare providers may worry about potential data breaches or unauthorized access to sensitive data, which could lead to privacy violations and identity theft. Ensuring that patient data is handled securely and in compliance with data protection regulations is essential to maintaining trust in diabetes monitoring devices and encouraging their adoption.
Addressing data privacy and security concerns requires robust cybersecurity measures, encryption technologies, and adherence to regulatory standards such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA). Manufacturers and service providers must prioritize these aspects to build trust with patients and healthcare providers and facilitate the safe and effective use of diabetes monitoring devices.
Opportunities
- Telemedicine and Remote Monitoring
- Patient-Centric Design
- Regulatory Harmonization
- Development of Non-Invasive Devices
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Emergence of Smart Devices - The emergence of smart devices presents a significant opportunity for the diabetes monitoring devices market. Smart devices, such as wearable technology and connected health platforms, have revolutionized the way people monitor and manage their diabetes. These devices integrate advanced features like real-time data monitoring, wireless connectivity, and compatibility with mobile apps, allowing patients to easily track and share their blood glucose levels and other health metrics.
Smart diabetes monitoring devices provide a more seamless and convenient experience for patients by enabling continuous monitoring and personalized feedback. These devices can alert patients to potential issues, such as hypoglycemia or hyperglycemia, and offer actionable insights to help manage their condition more effectively. This level of connectivity also allows patients to share their data with healthcare providers remotely, facilitating better communication and more informed treatment decisions.
Smart devices can be integrated with other health monitoring tools, creating a holistic approach to diabetes management. This integration can lead to improved outcomes and a more comprehensive understanding of a patient's overall health. The opportunity presented by smart devices extends to market growth and innovation. Manufacturers and developers can capitalize on the demand for these advanced devices by creating user-friendly, reliable, and efficient products that cater to the evolving needs of people with diabetes.
Competitive Landscape Analysis
Key players in Global Diabetes Monitoring Devices Market include,
- Abbott Laboratories
- Ascensia Diabetes Care
- Becton, Dickinson and Company
- Dexcom, Inc.
- Eli Lilly and Company
- F. Hoffmann-La Roche AG
- Insulet Corporation
- Johnson & Johnson
- Medtronic plc
- Nova Biomedical
- Novo Nordisk A/S
- Omron Healthcare, Inc.
- Sanofi S.A.
- Tandem Diabetes Care, Inc.
- Terumo Corporation
- Trividia Health, Inc.
- Ypsomed AG
- ARKRAY Inc.
- Glooko, Inc.
- GlySens Incorporated
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Indication
- Market Snapshot, By Approach
- Market Snapshot, By End Users
- Market Snapshot, By Region
- Global Diabetes Monitoring Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Personalized Medicine and Digital Health
- Growing Awareness and Education
- Government Support and Reimbursement Policies
- Increasing Geriatric Population
- Rising Prevalence of Diabetes
- Restraints
- Lack of Standardization
- Cultural Barriers
- Dependency on Healthcare Infrastructure
- Limited Awareness in Developing Regions
- Data Privacy and Security Concerns
- Opportunities
- Telemedicine and Remote Monitoring
- Patient-Centric Design
- Regulatory Harmonization
- Development of Non-Invasive Devices
- Emergence of Smart Devices
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Diabetes Monitoring Devices Market, By Product Type, 2021 - 2031 (USD Million)
- Self Blood Glucose Monitoring
- Glucometer Devices
- Test strips
- Lancets
- Continous Blood Glucose Monitoring
- Sensors
- Durables
- Self Blood Glucose Monitoring
- Global Diabetes Monitoring Devices Market, By Indication, 2021 - 2031 (USD Million)
- Type-I Diabetes
- Type-II Diabetes
- Gestational Diabetes
- Global Diabetes Monitoring Devices Market, By Approach, 2021 - 2031 (USD Million)
- Invasive
- Non-Invasive
- Global Diabetes Monitoring Devices Market, By End Users, 2021 - 2031 (USD Million)
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Global Diabetes Monitoring Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Diabetes Monitoring Devices Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott Laboratories
- Ascensia Diabetes Care
- Becton, Dickinson and Company
- Dexcom, Inc.
- Eli Lilly and Company
- F. Hoffmann-La Roche AG
- Insulet Corporation
- Johnson & Johnson
- Medtronic plc
- Nova Biomedical
- Novo Nordisk A/S
- Omron Healthcare, Inc.
- Sanofi S.A.
- Tandem Diabetes Care, Inc.
- Terumo Corporation
- Trividia Health, Inc.
- Ypsomed AG
- ARKRAY Inc.
- Glooko, Inc.
- GlySens Incorporated
- Company Profiles
- Analyst Views
- Future Outlook of the Market