The Non-Invasive Blood Glucose Monitoring Devices Market size was valued at USD 25.1 Million in 2022 and is expected to grow at a CAGR of 25.5% from 2023 to 2029, reaching nearly USD 119.2 Million
Non-Invasive Blood Glucose Monitoring Devices Market Overview:
This Non-Invasive Blood Glucose Monitoring Devices Market study looks at current and emerging industry trends and dynamics in the global Non-Invasive Blood Glucose Monitoring Devices Market. Non-Invasive Blood Glucose Monitoring Devices Extensive Market forecasting for the major Market segments is carried out between 2021 and 2027. Extensive Non-Invasive Blood Glucose Monitoring Devices Market analysis is carried out by closely monitoring key product positions and the main competitors in the Market framework. To understand the competitive landscape of the worldwide Non-Invasive Blood Glucose Monitoring Devices Market, key players are profiled and their strategies are thoroughly evaluated.
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The analysis contains a current examination of the present Non-Invasive Blood Glucose Monitoring Devices Market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Non-Invasive Blood Glucose Monitoring Devices Market environment. Increased demand for Non-Invasive Blood Glucose Monitoring Devices is driving the Market. The Market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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The market is segmented by technology, modality, end-user, and region in a comprehensive research report. Blood glucose assays are being improved via Raman, photoacoustic, and near-infrared spectroscopy. While non-wearable technologies offer higher precision and variety, wearable devices are more popular because of their comfort and stealth. Hospitals, clinics, and home health care facilities all employ these equipment. North America is the market leader, followed by Europe, because to its high prevalence of diabetes and expanding patient-centric treatment. Asia Pacific has the highest growth rate because of the region's industry investment in R&D and rising diabetes rates. The thorough study offers in-depth insights, detailed analysis, and useful market projections to assist industry stakeholders in taking advantage of the shifting opportunities presented by this dynamic market.
1. Non-Invasive Blood Glucose Monitoring Devices Market Size and Forecast, by Technology (2022-2029)
2. Non-Invasive Blood Glucose Monitoring Devices Market Size and Forecast, by End-User (2022-2029)
3. Non-Invasive Blood Glucose Monitoring Devices Market Size and Forecast, by Modality (2022-2029)
The Market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide Market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the Market's major influencing factors, as well as complete company profiles of
1. Abbott Laboratories (United States)
2. Dexcom (United States)
3. Senseonics (United States)
4. GlySens (United States)
5. MediSense (United States)
6. C8 Medisensor (China)
7. iRhythm Technologies (United States)
8. Microchip Technology (United States)
9. Texas Instruments (United States)
10. Tandem Diabetes Care (United States)
11. OrSense (Israel)
12. Nemaura Medical (United Kingdom)
13. GlucoMe (Israel)
14. Wave Optics (United States)
15. Adiabatic Technology (United States)
16. AXIM Biomedical (United States)
17. Aribe Medical (South Korea)
18. AHT Biodevices (Canada)
19. Ataste Medical (Israel)
20. Biofourmis (United States)
21. Cnoga Medical (Italy)
22. GlucoTrack (Israel)
23. iHealth (China)
24. LifeScan (United States)
25. Medtronic (Ireland)
26. Sansure Medical (China)
27. Ypsomed (Switzerland)
Individual Market influencing variables and changes in Market laws that impact present and future Market trends are also included in the regional segment of the Market study. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are just a few of the indicators utilized to anticipate Market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Non-Invasive Blood Glucose Monitoring Devices Market:
The COVID-19 epidemic has had a significant impact on the global Non-Invasive Blood Glucose Monitoring Devices industry. Non-Invasive Blood Glucose Monitoring Devices Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Market to decelerate in 2020. The negative impact of COVID-19 on the Market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2021, owing to increased demand for Non-Invasive Blood Glucose Monitoring Devices.
Key Questions Answered in the Non-Invasive Blood Glucose Monitoring Devices Market Report are:
- Which segment was responsible for the largest share in the Non-Invasive Blood Glucose Monitoring Devices Market?
- How was the competitive scenario of the Market in 2020?
- Which are the key factors responsible for the Market growth?
- Which region held the maximum share in the Non-Invasive Blood Glucose Monitoring Devices Market in 2020?
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