Medical Devices for Manufacturers · Direct
Monitoring · monthlyProcurement Category Intelligence
Blood Glucose Monitors
Overview
Market size
$16.3B
global, USD
CAGR
7.5%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
7
tracked players
Signals
12
2 high severity
Market outlook
2031$23.4B
What changed
Demand by region
North America demand48%
Europe demand26%
Asia Pacific demand16%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Sensors and chemical biosensing elements40%
Electronic components and microprocessors25%
Sterile packaging and casing plastics15%
Direct labor and manufacturing overhead10%
Distribution and compliance logistics10%
share of delivered cost (analyst estimate)