Market Size of New Zealand Self-Monitoring Blood Glucose Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 152.68 Million |
| Market Size (2029) | USD 196.72 Million |
| CAGR (2024 - 2029) | 5.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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New Zealand Self-Monitoring Blood Glucose Market Analysis
The New Zealand Self-Monitoring Blood Glucose Market size is estimated at USD 152.68 million in 2024, and is expected to reach USD 196.72 million by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029).
The COVID-19 pandemic showed that diabetes needs a lot more attention if we don't want the infection to cause problems that aren't necessary or fair.All the steps needed to protect this high-risk group were taken and kept up. For example, there were national public health measures to stop the spread of the disease, vaccinations were given, and workplace risk assessments were done.Additionally, it was crucial to guarantee that people with diabetes continue to receive regular evaluations from their primary care or diabetes-specific healthcare providers.For people who were in the hospital, it was important to get good glycemic control and aim for blood glucose levels between 4 and 10 mmol/L. If possible, diabetes specialist teams should be brought in early to prevent bad outcomes.
When a person with diabetes has high blood glucose levels that don't go down, it can cause damage to the kidneys, nerves, and eyes. Blood glucose measurement helps figure out how well blood glucose is being used by the body and shows how to get the best glucose control in the body. Over time, the readings give the patient and their doctors the information they need to figure out the best way to treat diabetes.When blood glucose levels are too high or too low, they can be managed successfully, which keeps health problems related to diabetes to a minimum.
Technology improvements in blood glucose meters, like ones that connect to cellular networks and automatically upload SMBG data to secure cloud-based databases, make it easier to share and track SMBG data. Real-time monitoring of SMBG data gives doctors the chance to help patients who respond to abnormal SMBG recordings right away. Such benefits can give people with T2D that aren't well controlled the extra help they need to improve critical outcomes, which will improve the market's chances in the years to come.
