The Smartphone Operated/Next-Generation Glucose Monitor Market worth $ 14.9 Billion by 2030 - Exclusive Report by InsightAce Analytic

According to the latest research by InsightAce Analytic, the Global Smartphone Operated/Next-Generation Glucose Monitor Market was valued at US$ 3.50 Billion in 2021, and it is expected to reach US$ 14.91 Billion by 2030, with a CAGR of 17.8% during the forecast period of 2022-2030.

Glucose monitoring devices are used to detect blood glucose levels in the body, and the next-generation continuous glucose monitors are the easiest way to manage and control diabetes. These systems provide details about the medications, diseases, diet, and medicine reminders. The various features such as real-time data analysis, low cost, and easy availability of smartphone-operated glucose monitors will compel the growth of the smartphone-operated/next-generation glucose monitor market during the forecast period. Furthermore, factors such as the growing aging population, high prevalence of diabetes among all ages, fast adoption of innovative technologies, changing lifestyle patterns, increasing overweight & obesity among the public, demand for less invasive procedures, and the increasing healthcare expenditure are expected to fuel the market growth. According to the WHO, around 3.4 Billion individuals worldwide die due to high blood glucose annually. About 80% of these deaths occur in low- and middle-income countries, and almost 50% of individuals are under 70 years. WHO also estimated that diabetes deaths will double between 2005 and 2030. Therefore, increasing cases of diabetes are anticipated to propel the demand for smartphone operated/next-generation glucose monitor market in the coming years.

However,  the lack of awareness among patients about modern healthcare devices and stringent reimbursement policies for advanced systems hinder the smartphone-operated/next-generation glucose monitor market growth in the future.

North America is expected to dominate the smartphone-operated/next-generation glucose monitor market during the forecast period (2019-2030), followed by Europe, owing to the high prevalence of diabetes and the fast adoption of advanced technologies. On the other side, Asia Pacific is likely to witness significant growth in the next few years due to the growing elderly population, increasing diabetes cases, and the rising innovations in the glucose monitor systems.

Request for ToC :https://www.insightaceanalytic.com/customisation/1196

Major market players operating in the smartphone-operated/next-generation glucose monitor market include Health Arx Technologies Pvt. Ltd (India), myDario (US), iHealth Labs, Inc (US), KETO-MOJO (US), LifeScan IP Holdings, LLC (US), Ascensia Diabetes Care (Switzerland), Glooko, Inc (US), Dexcom, Inc (US), Roche Diabetes Care (US), ForeCare, Inc (US), Informed Data Sytems Inc (US), One Drop (US), Amanda Health Inc (US, Big Foot Medical Inc (US), Pops Diabetes Care Inc (US), HealthifyMe (Bengaluru), Intruity Medical, Inc (US), Health25ync (Taiwan), myDiabby Healthcare (France), Symbiome (US), Senseonics Holdings, Inc. (US), Diabnext (France), Diabeto Medtech India Pvt (India), Biosense Technology Pvt Ltd (India), among others.

Key developments in the market:

Market Segments

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by Components, 2019-2030 (Value US$ Bn)

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by Applications, 2019-2030 (Value US$ Bn)

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by End-Users, 2019-2030 (Value US$ Bn)

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by Region, 2019-2030 (Value US$ Bn)

North America Smartphone Operated/Next-Generation Glucose Monitor Market, by Country, 2019-2030 (Value US$ Bn)

Europe Smartphone Operated/Next-Generation Glucose Monitor Market, by Country, 2019-2030 (Value US$ Bn)

Asia Pacific Smartphone Operated/Next-Generation Glucose Monitor Market, by Country, 2019-2030 (Value US$ Bn)

Latin America Smartphone Operated/Next-Generation Glucose Monitor Market, by Country, 2019-2030 (Value US$ Bn)

Middle East & Africa Smartphone Operated/Next-Generation Glucose Monitor Market, by Country, 2019-2030 (Value US$ Bn)

Why should buy this market research report:

For More Information @ https://www.insightaceanalytic.com/report/global-smartphone-operatednext-generation-glucose-monitor-market-/1196

Other Related Reports Published by InsightAce Analytic:

Global Needle-Free Injectors Market

Global Cell and Gene Therapy Drug Delivery Device Market

Global Insulin Patch Pump Market

Global Biosimilar/Generic Injectable Pens Market

Global Drug Infusion Systems Market

About Us:

InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact Us:

Priyanka Tilekar
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Email: [email protected]
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ

Logo: https://mma.prnewswire.com/media/1729637/InsightAce_Analytic_Logo.jpg