North America Blood Glucose Monitoring Market Size

North America Blood Glucose Monitoring Market Analysis

The North America Blood Glucose Monitoring Market size is estimated at USD 15.51 billion in 2024, and is expected to reach USD 28.74 billion by 2029, growing at a CAGR of 13.13% during the forecast period (2024-2029).

In North America, diabetes incidence of Type-2 diabetes and other diabetes forms was numerically higher in individuals with COVID-19. Insulin resistance and impaired insulin secretion have been described in individuals without diabetes history who recovered from SARS-CoV-2 infections. It has been suggested that diagnosis and treatment of post-COVID-19 syndrome require integrated rather than disease-specific approaches.

Over the past decade, there has been a tremendous increase in the diabetic population globally. Several reports and surveys documented a drastic increase in the diabetic population based on the changes in lifestyles and habits. The growing diabetic population drives blood monitoring devices, such as CGM. Nearly 90% of Type-1 diabetic patients in developed countries use a glucometer. Almost 50% of Type-2 patients are expected to use a glucometer during the forecast period.

North America dominates the global insulin therapeutics market due to the high prevalence of diabetes in the region, the sedentary lifestyle, and the launch of new drugs. The United States is expected to grow tremendously during the forecast period, owing to factors such as the high prevalence of obesity and increasing awareness regarding diabetes care in the region.

Therefore, due to the abovementioned factors, the market studied is anticipated to witness growth during the forecast period.