Portable Glucose Monitor Market Size, Share, Opportunities, And Trends By Product Type (Wearable Monitors, Non-Wearable Monitors), By Component (Glucometer Devices, Test Strips, Lancets), By End-User (Hospitals And Diagnostic Laboratories, Home Care Settings, Physician Office Laboratories), And By Geography – Forecasts From 2025 To 2030

Portable Glucose Monitor Market Size:

The global portable glucose monitor market will grow at a CAGR of 5.40% to be valued at US$1.739 billion in 2030 from US$1.337 billion in 2025.

Portable Glucose Monitor Market Trends:

A glucose monitor is a small, portable machine that is used to measure the amount of glucose present in the blood. People with diabetes often use a blood glucose meter to help them manage their condition. According to the International Diabetes Federation, 2019, approximately 463 million adults (20-79 years) were living with diabetes, the number is expected to rise to 700 million by 2045. The changing lifestyle patterns have led to an increase in the number of diabetic patients worldwide which will fuel the growth of this market over the forecast period. In addition, due to the unhealthy eating habits of people, worldwide the number of people suffering from obesity has been on a surge. According to the CDC, the obesity prevalence in the United States was 42.4% in the year 2017-2018. The increasing incidence of obesity will further spike the number of diabetic patients, subsequently increasing the demand for portable glucose monitors in the market. Also, the portable glucose monitors make it easier to keep a check on blood glucose levels which is vital for proper diagnosis and treatment of diabetes. The monitor is a near-patient device that allows the immediate detection of glucose levels in the body of a patient and facilitates rapid treatment solutions if the need arises. Furthermore, the continuous innovations are increasing the portability, efficiency, and reliability of these monitors which is anticipated to increase their demand over the projected period.

By type, the wearable segment is estimated to hold a dominant market share owing to the portability and convenience associated with it.  By end-user, the home-care segment is projected to grow at the highest CAGR due to the increasing incidence of diabetes in people, globally. Geographically, North America is estimated to hold a notable market share owing to the increasing obese population, the early acquisition of these solutions, and the presence of key players in the region. Asia Pacific region is expected to grow at a high CAGR due to the increase in the diabetic population and the adoption of these solutions.

Portable Glucose Monitor Market Growth Factors:

• Increasing diabetic patients.

The constant surge in the number of diabetic patients worldwide is expected to contribute majorly to the market growth of the portable glucose monitor market during the next few years as the portable glucose monitor helps to monitor the glucose levels in the blood of diabetic patients. According to the International Diabetes Federation, 1 in 5 people who are above 65 years old has diabetes. Also, more than 1.1 million children and adolescents are living with type 1 diabetes, worldwide. The rise in the number of diabetic patients will increase the demand and adoption of portable glucose monitors in the market in the long run. 

Portable Glucose Monitor Market Restraints:

• Unfavourable reimbursement policies

The major restraint for the portable glucose monitor market is the unfavourable reimbursement policies associated with it. Many medical claim providers and medical insurance companies do not reimburse the diagnosis and treatment of diabetes, which makes patients apprehensive about going forward with the treatment as it is a costly affair. The unfavourable reimbursement policies may hamper the market growth as if the patients are unable to claim the expenses, they will try to avoid the diagnosis and treatment which in turn will restrict the market growth during the forecast period.

Portable Glucose Monitor Market Competitive Insights:

The market leaders for the Global Portable Glucose Monitor Market are Abbott Laboratories, Bayer AG, Johnson & Johnson, GlySens Incorporated, Senseonics Holdings, Insulet Corporation, Dexcom, Inc., and Medtronic, PLC. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc. to gain a competitive advantage over their competitors. For Instance, in June 2018, Johnson & Johnson, a global pharmaceutical company, acquired LifeScan, Inc., a diagnostic system manufacturer, for its blood glucose monitoring business, for approximately $2.1billion. 

The portable glucose monitor market report provides an in-depth analysis of the industry landscape, delivering strategic and executive-level insights backed by data-driven forecasts and analysis. This regularly updated report equips decision-makers with actionable intelligence on current market trends, emerging opportunities, and competitive dynamics.   The report explores the demand for portable glucose monitors across various applications, such as diabetes management, home care, and diagnostic laboratories, and their adoption across different geographies. The latest advancements in wearable glucose monitors, continuous glucose monitoring (CGM) systems, and non-invasive technologies are also analyzed to present a holistic view of the market.

Portable Glucose Monitor Market Segmentations:

Portable Glucose Monitor Market Segmentation by product type

The market is analyzed by product type into the following:

• Wearable Monitors
• Non-Wearable Monitors

Portable Glucose Monitor Market Segmentation by component

The report analyzes the market by component as below:

• Glucometer Devices
• Test Strips
• Lancets

Portable Glucose Monitor Market Segmentation by end-user

The report analyzes the market by end-user as below:

• Hospitals and Diagnostic Laboratories
• Home Care Settings
• Physician Office Laboratories

Portable Glucose Monitor Market Segmentation by regions:

The study also analysed the portable glucose monitor market into the following regions, with country level forecasts and analysis as below:

• North America (USA, Canada, and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (Germany, UK, France, Spain, and Others
• Middle East and Africa (Saudi Arabia, UAE, and Others)
• Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Portable Glucose Monitor Market Competitive Landscape:

The portable glucose monitor market features key players such as Abbott Diabetes Care, Roche Diagnostics, LifeScan IP Holdings, LLC, Dexcom Inc., Medtronic Plc., Ascensia Diabetes Care Holdings AG, Arkray Inc., Bionime Corporation, among others. 

Portable Glucose Monitor Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Market size, forecasts, and trends by different product type, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
• Market size, forecasts, and trends by component, with historical revenue data and analysis.
• Market size, forecasts, and trends by end-user, with historical revenue data and analysis across various segments.
• The portable glucose monitor market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth. 
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model. 
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge. 
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented. 

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the portable glucose monitor market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report. 
• Analyst support through calls and email for timely clarification and incorporating additional requests. 
• Option of presentation or doc format with the estimates file to take care of diverse requirements. 
• 15% FREE customization with all our reports help cater additional requirements with significant cost-savings. 
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Portable Glucose Monitor Market Scope:

 

Report Metric	Details
Portable Glucose Monitor Market Size in 2025	US$1.337 billion
Portable Glucose Monitor Market Size in 2030	US$1.739 billion
Growth Rate	CAGR of 5.40%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Product Type Component End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Portable Glucose Monitor Market	Abbott Diabetes Care Roche Diagnostics LifeScan IP Holdings, LLC Dexcom Inc. Medtronic Plc.
Customization Scope	Free report customization with purchase

 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. PORTABLE GLUCOSE MONITOR MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Wearable Monitors

5.3. Non-Wearable Monitors

6. PORTABLE GLUCOSE MONITOR MARKET BY COMPONENT

6.1. Introduction

6.2. Glucometer Devices

6.3. Test Strips

6.4. Lancets

7. PORTABLE GLUCOSE MONITOR MARKET BY END-USER

7.1. Introduction

7.2. Hospitals and Diagnostic Laboratories

7.3. Home Care Settings

7.4. Physician Office Laboratories

 

8. PORTABLE GLUCOSE MONITOR MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Abbott Diabetes Care

10.2. Roche Diagnostics

10.3. LifeScan IP Holdings, LLC

10.4. Dexcom Inc.

10.5. Medtronic Plc.

10.6. Ascensia Diabetes Care Holdings AG

10.7. Arkray Inc.

10.8. Bionime Corporation

10.9. Nova Biomedical 

10.10. ForaCare Inc. 

10.11. AgaMatrix Inc.

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Abbott Diabetes Care

Roche Diagnostics

LifeScan IP Holdings, LLC

Dexcom Inc.

Medtronic Plc.

Ascensia Diabetes Care Holdings AG

Arkray Inc.

Bionime Corporation

Nova Biomedical 

ForaCare Inc. 

AgaMatrix Inc.