Global Blood Glucose Monitoring Devices Market (2018-2025) Global Blood Glucose Monitoring Devices Market | Page 2

Source: GMI Research
Diabetes is a global concern and socioeconomic issue that affects several
million people each year. Blood glucose monitoring devices are widely used in
the diagnosis and treatment of diabetes and monitoring blood glucose. Surging
adoption of these devices to treat diabetes is likely to augment the blood
glucose monitoring devices market, globally. However, inadequate
reimbursement and high cost associated with the application of CGM systems
and product recalls are some of the key factors hampering the growth of this
market. In addition, rapid growth in geriatric population and continuous
advancement in blood glucose monitoring device are major driving factors of the
market.
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Blood glucose test strip is expected to dominate the global blood glucose
monitoring devices market
Technological advancement in diabetes device industry and increasing research
& developments are likely to steer the growth of global blood glucose monitoring
devices market in near future. Glucose meters and continuous glucose
measuring devices are emerging device technologies in the global blood glucose
monitoring devices market. In 2017, continuous blood glucose monitoring system