Global blood glucose monitoring market to hit $32.5b by 2034
It will be driven by the rising number of diabetic patients.
The global blood glucose monitoring system market is projected to grow to US$32.5b by 2034, with a compound annual growth rate of 7%, according to a Fortune Business Insight report.
The report attributed the growth to the increasing prevalence of type 1 and type 2 diabetes, growing technological advancements in these systems, and improving healthcare access.
In the Asia Pacific, the growth in the Chinese market is driven by expanding healthcare infrastructure, partnerships with global players, and rising demand.
In Japan, expansion is attributed to technological advancements in non-invasive monitoring, the rising elderly diabetic population, and the growing adoption of integrated digital health solutions.