 Global BGMS (Blood Glucose Monitoring System) Market Insights and Forecast to 2027
      Global BGMS (Blood Glucose Monitoring System) Market Insights and Forecast to 2027Blood glucose monitoring is the use of a glucose meter for testing the concentration of glucose in the blood. Particularly important in diabetes management, a blood glucose test is typically performed by piercing the skin (typically, on the finger) to draw blood, then applying the blood to a chemically active disposable 'test-strip'. Different manufacturers use different technology, but most systems measure an electrical characteristic, and use this to determine the glucose level in the blood. The test is usually referred to as capillary blood glucose.
In this report, we study blood glucose test strips and blood glucose meter.
Along with the development of Chinese domestic technology, there is a lot Chinese local manufacturer can produce Blood Glucose Monitoring System, with the increasing demand, more and more manufactures will go into Blood Glucose Monitoring System industry.
The classification of Blood Glucose Monitoring System includes Blood Glucose Test Strips and Blood Glucose Meter, and the revenue proportion of Blood Glucose Test Strips in 2019 is about 86%.
Blood Glucose Monitoring System is widely used in Hospital and Household. The most proportion of Blood Glucose Monitoring System is used in household, and the sales proportion is about 80% in 2019.
North America is the largest consumer, with a market share nearly 32% in 2019. Following North America, Europe is the second largest sales place with the sales market share of 31%.
Market competition is intense. Roche, LifeScan, Abbott, Ascensia, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers.
Market Analysis and Insights: Global BGMS (Blood Glucose Monitoring System) Market
The global BGMS (Blood Glucose Monitoring System) market is valued at US$ 382.6 million in 2019. The market size will reach US$ 499 million by the end of 2026, growing at a CAGR of 5.0% during 2021-2026.
Global BGMS (Blood Glucose Monitoring System) Scope and Market Size
BGMS (Blood Glucose Monitoring System) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global BGMS (Blood Glucose Monitoring System) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
    Blood Glucose Test Strips
    Blood Glucose Meter
Segment by Application
    Hospital
    Household
By Company
    Roche
    LifeScan
    Abbott
    Ascensia
    ARKRAY
    I-SENS
    Omron
    B. Braun
    77 Elektronika
    AgaMatrix
    ALL Medicus
    Terumo
    Sinocare
    Yicheng
    Yuwell
    Acon
By Region
    North America
        U.S.
        Canada
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
    Asia-Pacific
        China
        Japan
        South Korea
        India
        Australia
        Taiwan
        Indonesia
        Thailand
        Malaysia
        Philippines
        Vietnam
    Latin America
        Mexico
        Brazil
        Argentina
    Middle East & Africa
        Turkey
        Saudi Arabia
Summary: 
Get latest Market Research Reports on  BGMS (Blood Glucose Monitoring System) . Industry analysis & Market Report on  BGMS (Blood Glucose Monitoring System)  is a syndicated market report, published as Global BGMS (Blood Glucose Monitoring System) Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of  BGMS (Blood Glucose Monitoring System)  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.