The global Non-invasive Glucose Monitoring Device market was valued at US$ 3041 million in 2019 and is expected to reach US$ 16060 million by the end of 2026, growing at a CAGR of 25.8% during 2021-2026.
Non-invasive glucose monitoring device could measure your glucose without hurt your finger. Non-invasive glucose monitoring device refers to the measurement of blood glucose levels (required by people with diabetes to prevent both chronic and acute complications from the disease) without drawing blood, puncturing the skin, or causing pain or trauma.In this report, we study both disposable sensors and durable systems.
Market is really concentrated. Abbott and DexCom accounted for 54.33% and 47.03% market share in 2019.
Global Non-invasive Glucose Monitoring Device Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Non-invasive Glucose Monitoring Device Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are DexCom, Abbott, Cnoga Medical, Integrity Applications, Taiwan Biophotonic, MediWise, GlySens Incorporated and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Wearable Devices
- Non-wearable Devices
The classification of non-invasive glucose monitoring device includes wearable device and non-wearable device, and the proportion of wearable device in 2019 is about 99.6%.
Segment by Application
- Home Care
Non-invasive glucose monitoring device is widely used for hospital, homecare and other. the most proportion of non-invasive glucose monitoring device is used for homecare, and the proportion in 2019 is 81.8%.
Table of Content:
1 Non-invasive Glucose Monitoring Device Market Overview
2 Non-invasive Glucose Monitoring Device Market Competition by Manufacturers
3 Non-invasive Glucose Monitoring Device Retrospective Market Scenario by Region
4 Global Non-invasive Glucose Monitoring Device Historic Market Analysis by Type
5 Global Non-invasive Glucose Monitoring Device Historic Market Analysis by Application
6 Key Companies Profiled
7 Non-invasive Glucose Monitoring Device Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Non-invasive Glucose Monitoring Device Market Dynamics
10 Global Non-invasive Glucose Monitoring Device Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.