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 Diabetes

By Approach;

Invasive and Non-Invasive

By End Users;

Hospitals, Clinics, Ambulatory Surgical Centers, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn124800434 Published Date: May, 2025 Updated Date: June, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)11.4 %
Market Size (2024)USD 3,576.12 Million
Market Size (2031)USD 7,613.93 Million
Market ConcentrationLow
Report Pages366
3,576.12
2024
7,613.93
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Indication
    3. Market Snapshot, By Approach
    4. Market Snapshot, By End Users
    5. Market Snapshot, By Region
  4. Global Diabetes Monitoring Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Personalized Medicine and Digital Health
        2. Growing Awareness and Education
        3. Government Support and Reimbursement Policies
        4. Increasing Geriatric Population
        5. Rising Prevalence of Diabetes
      2. Restraints
        1. Lack of Standardization
        2. Cultural Barriers
        3. Dependency on Healthcare Infrastructure
        4. Limited Awareness in Developing Regions
        5. Data Privacy and Security Concerns
      3. Opportunities
        1. Telemedicine and Remote Monitoring
        2. Patient-Centric Design
        3. Regulatory Harmonization
        4. Development of Non-Invasive Devices
        5. Emergence of Smart Devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Diabetes Monitoring Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Self Blood Glucose Monitoring
        1. Glucometer Devices
        2. Test strips
        3. Lancets
      2. Continous Blood Glucose Monitoring
      3. Sensors
      4. Durables
    2. Global Diabetes Monitoring Devices Market, By Indication, 2021 - 2031 (USD Million)
      1. Type-I Diabetes
      2. Type-II Diabetes
      3. Gestational Diabetes
    3. Global Diabetes Monitoring Devices Market, By Approach, 2021 - 2031 (USD Million)
      1. Invasive
      2. Non-Invasive
    4. Global Diabetes Monitoring Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Clinics
      3. Ambulatory Surgical Centers
      4. Others
    5. Global Diabetes Monitoring Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Ascensia Diabetes Care
      3. Becton, Dickinson and Company
      4. Dexcom, Inc.
      5. Eli Lilly and Company
      6. F. Hoffmann-La Roche AG
      7. Insulet Corporation
      8. Johnson & Johnson
      9. Medtronic plc
      10. Nova Biomedical
      11. Novo Nordisk A/S
      12. Omron Healthcare, Inc.
      13. Sanofi S.A.
      14. Tandem Diabetes Care, Inc.
      15. Terumo Corporation
      16. Trividia Health, Inc.
      17. Ypsomed AG
      18. ARKRAY Inc.
      19. Glooko, Inc.
      20. GlySens Incorporated
  7. Analyst Views
  8. Future Outlook of the Market