Published Date : 2025-Mar-19
The global diabetes monitoring devices market is experiencing significant growth, driven by the increasing prevalence of diabetes, technological advancements, and a growing emphasis on effective disease management. In 2025, the market size is projected to reach approximately $35 billion, with expectations to surpass $69 billion by 2034, reflecting a compound annual growth rate (CAGR) of 7.8% during the forecast period. ?
The diabetes monitoring devices market is poised for substantial growth, with continuous innovations and increasing awareness about diabetes management. Companies are focusing on developing cost-effective, accurate, and user-friendly devices to cater to the growing demand.?
North America: In 2024, North America accounted for over 42% of the global market share
In 2025, the global diabetes monitoring devices market was valued at USD 17,543 million and is expected to grow at the CAGR of 7.8% during the forecast period 2025-2034.
Diabetes sufferers can manage their condition through insulin treatment and sound lifestyle decisions with the aid of diabetes monitoring devices to monitor their well-being.
One example of new innovations in the sector is the invention of continuous glucose monitors, where a subcutaneous interstitial fluid sensor, located just below the skin, continuously tests the level of glucose. Because these devices measure the amount of sugar in interstitial fluid between cells, they are more precise than standard blood glucose meters. Yet, they are not as precise as the blood glucose meters, and they do not yet make insulin dosing decisions in individuals with diabetes.
Since obesity is one of the primary risk factors for type 2 diabetes, increasing obesity levels have fueled demand for diabetes testing equipment. More than 9% of American adults have diabetes, and 16% have pre-diabetes, a condition where an individual's blood glucose level is elevated but not high enough to be classified as Type 2 diabetes, as per the U.S. National Institutes of Health's Diseases and Conditions division. Americans with diabetes tend to be middle-aged or older, less educated, members of certain racial or ethnic groups, have lower incomes, or live in certain regions of the country. Medical costs related to diabetes were projected at more than $116 billion for hospitalization, $58 billion for physicians' services, and nearly $3 million for prescription drug in 2010 alone.
Owing to the diabetes-associated risk factors, including ageing and obesity, there has been increasing demand for monitoring equipment in respect of diabetes commensurate with these figures. People who are above the age of 40 years and are obese or overweight or have a background of diabetes among their close family members, stand the greatest risk of contracting type 2 diabetes.
The demand for blood glucose monitoring devices among patients looking to manage their blood glucose levels to prevent complications such as blindness, renal failure, and amputation of lower extremities has witnessed a consistent growth in the global market for these devices in the last decade (source: National Diabetes Information Clearinghouse). The market is expected to be led during the forecast period by commercialized technologies of the devices, the growing number of diabetic patients, and heightened awareness of self-monitoring blood glucose (SMBG).
Among the most used devices available in the market today is the insulin pump. But the requirement for non-insulin pump-based sensors that should be worn for 24 consecutive hours is expected to increase over the forecast period since medical professionals advise their patients not to utilize insulin pumps due to their inefficacy overnight. The continuous glucose monitoring systems market is expected to evolve considerably over the next few years because of product launches such as Abbott's Freestyle Navigator Pro and Dexcom G4. By the modulation of insulin dose and timing by total glucose values derived from patient blood samples, continuous glucose monitoring systems support glycemic control optimization.
These devices can assist diabetic and other sick patients in controlling their conditions more efficiently in the comfort of their own homes, reducing the number of hospital visits. Several of these technologies are cleared for use in clinics and hospitals by regulatory agencies. The FDA, for example, has cleared the Dexcom G4 Platinum for use in clinics but only allows blood glucose meters for use in hospitals.
Uncontrolled blood sugar levels can cause various complications including blindness, renal failure and lower extremity amputation. Further, high blood pressure resulting from uncontrolled high blood sugars can lead to heart attacks and strokes. The world market for diabetic monitoring devices has also experienced growth because of the increase in the number of diabetics. For instance, the latest technology provides blood glucose monitoring systems that don't include painful penetration into the skin by lancet devices or finger pricking (source: National Diabetes Information Clearinghouse). Individuals who have Type I and Type II diabetes will gain advantages from these advanced devices by having fewer trips to the office and a better life in general.
In the forecast period, demand for these technologies is anticipated to increase. The demand for these new technologies will be fueled by the number of diabetic patients increasing and by individuals becoming more conscious of testing blood glucose at home. Moreover, the demand for these devices will further expand as hospitals prescribe these devices for blood glucose testing and encourage patients to take care of themselves (source: Diabetes Forecast). For example, hospitals and clinics all over the world particularly recommend patients to buy home-use monitors to ensure that their products satisfy hospital standards for correct treatment procedure.
Almost all forms of modern glucose testing devices have been designed to be utilized at home and in the workplace, where they can view their results on a time clock or even during breaks to gain better control of their blood sugar levels when not at home. To assist those who are not used to taking care of their medical requirements daily, most of these devices also come with guides that inform them what each number indicates. Depending on the type, they range from $20 to $100 when bought online from firms like Accu-Chek, Bayer, Genteel, and One Touch.
The following are some examples of what can be used to monitor diabetic individuals, including both traditional models as well as newer technological tools that are often more affordable for those who are on a budget.
One Touch Ultra Smart System is one of the high-quality diabetes monitoring devices. It has been proven that users can accurately measure blood glucose levels much more than previous models.
Another popular model is the Bayer Contour Next EZ meter that enables individuals with diabetes to monitor their sugar levels without them having to prick themselves several times a day.
Another model is Abbott FreeStyle Freedom Lite that delivers glucose testing together with cholesterol and triglycerides information, presenting a one-stop solution for patients who want to monitor their condition more effectively with time.
To further enhance the convenience of people with diabetes, businesses have been creating products that can be done at home without having individuals go see a doctor to obtain a prescription or be trained.
An example of this is the Genteel Lancing Device by According to Peter St John Mfg Co., Inc. This device has been made for individuals who hate pricking themselves and would like a simpler method of drawing blood samples from their hands every day. It was discovered through clinical trials that the Genteel Lancing Device cut pain by 97% compared to the conventional models.
Sientra Inc.'s Sure-Fit Blood Glucose Meter Kit is another model. It is designed from a silicon material that makes it possible for it to be utilized two different ways to offer individuals more ease of use and more control of their diabetes levels. Besides, it has information regarding calories intake as well as activity levels to enable users to have a clear understanding of their current health status.
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