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Middle East & Africa Glucose Monitoring Devices Market Forecast to 2030 - Regional Analysis - By Type, Application, Testing Type, and End User- Product Image
Middle East & Africa Glucose Monitoring Devices Market Forecast to 2030 - Regional Analysis - By Type, Application, Testing Type, and End User- Product Image
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Middle East & Africa Glucose Monitoring Devices Market Forecast to 2030 - Regional Analysis - By Type, Application, Testing Type, and End User

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    Report

  • 97 Pages
  • December 2023
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5932874
UP TO OFF until Dec 31st 2024
Description Jump to:
The Middle East & Africa glucose monitoring devices market is expected to grow from US$ 935.02 million in 2022 to US$ 1,736.39 million by 2030. It is estimated to grow at a CAGR of 8.0% from 2022 to 2030.

Rising Incidence of Diabetes Fuel Middle East & Africa Glucose Monitoring Devices Market

Diabetes is a life-threatening chronic disease with no specialized cure. It is mainly caused by the body’s inability to produce or effectively utilize the hormone insulin. This inability prevents the body from adequately regulating blood glucose levels. There are two types of diabetes - diabetes type-I (also known as diabetes insipidus) and diabetes type-II (also termed diabetes mellitus). The incidence and prevalence of diabetes are steadily increasing across the world. Type 2 diabetes is the most prevalent form of diabetes and has increased alongside cultural and societal changes. In high-income countries, up to 91% of adults with the disease have type 2 diabetes. According to International Diabetes Federation (IDF), approximately 537 million people were living with diabetes in 2021 and is expected to reach 738 million by 2045 globally.

Middle East & Africa Glucose Monitoring Devices Market Overview

The Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market has been segmented into the Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa. The market growth in Saudi Arabia is high attributed to the big pool of diabetic population in the country. South Africa holds second largest share in terms of continuous glucose monitoring owing to high prevalence of diabetes in the country. The aforementioned factors are responsible for influential growth of Middle East & Africa Glucose Monitoring Devices Market in the Middle East & Africa region.

Middle East & Africa Glucose Monitoring Devices Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Glucose Monitoring Devices Market Segmentation

The Middle East & Africa glucose monitoring devices market is segmented into type, application, testing site, end- user, and country.

Based on type, the Middle East & Africa glucose monitoring devices market is segmented into continuous glucose monitoring devices and self-glucose monitoring devices. The self-glucose monitoring devices segment held a larger share of the Middle East & Africa glucose monitoring devices market in 2022.

Based on application, the Middle East & Africa glucose monitoring devices market is segmented into type 1 diabetes and type 2 diabetes. The type 2 diabetes segment held a larger share of the Middle East & Africa glucose monitoring devices market in 2022.

Based on testing site, the Middle East & Africa glucose monitoring devices market is segmented into fingertip testing and alternate site testing. The fingertip testing segment held a larger share of the Middle East & Africa glucose monitoring devices market in 2022.

Based on end user, the Middle East & Africa glucose monitoring devices market is segmented into healthcare setting and self/homecare. The self/homecare segment held a larger share of the Middle East & Africa glucose monitoring devices market in 2022.

Based on country, the Middle East & Africa glucose monitoring devices market is segmented int o the Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa glucose monitoring devices market in 2022.

B. Braun SE, F. Hoffmann-La Roche Ltd, Medtronic Plc, Abbott Laboratories, Ypsomed Holding AG, Nipro Corp, GE HealthCare Technologies Inc, and Terumo Corp are some of the leading companies operating in the Middle East & Africa glucose monitoring devices market.

Table of Contents

1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Glucose Monitoring Devices Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Rising Incidence of Diabetes
4.1.2 Growing Geriatric Population
4.1.3 Increasing Prevalence of Obesity
4.2 Key Market Restraints
4.2.1 High Cost of Glucose Monitoring Devices
4.3 Key Market Opportunities
4.3.1 Growing Medical Tourism in Developing Countries
4.4 Future Trends
4.4.1 Rapid Technological Advancements in Glucose Monitoring Devices
5. Middle East & Africa Glucose Monitoring Devices Market - Market Analysis
5.1 Middle East & Africa Glucose Monitoring Devices Market Revenue (US$ Mn), 2022 - 2030
6. Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 - by Type
6.1 Overview
6.2 Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by Type 2022 & 2030 (%)
6.3 Continuous Glucose Monitoring Devices
6.3.1 Overview
6.3.2 Continuous Glucose Monitoring Devices: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.3.2.1 Sensors
6.3.2.1.1 Sensors: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.3.2.2 Transmitters
6.3.2.2.1 Transmitters: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.3.2.3 Receivers
6.3.2.3.1 Receivers: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4 Self-Glucose Monitoring Devices
6.4.1 Overview
6.4.2 Self-Glucose Monitoring Devices: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4.2.1 Testing Strips
6.4.2.1.1 Testing Strips: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4.2.2 Glucose Meters
6.4.2.2.1 Glucose Meters: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4.2.3 Lancets
6.4.2.3.1 Lancets: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4.2.4 Others
6.4.2.4.1 Others: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 - by Application
7.1 Overview
7.2 Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by Application 2022 & 2030 (%)
7.3 Type 1 Diabetes
7.3.1 Overview
7.3.2 Type 1 Diabetes: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Type 2 Diabetes
7.4.1 Overview
7.4.2 Type 2 Diabetes: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 - by Testing Site
8.1 Overview
8.2 Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by Testing Site 2022 & 2030 (%)
8.3 Fingertip Testing
8.3.1 Overview
8.3.2 Fingertip Testing: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Alternate Site Testing
8.4.1 Overview
8.4.2 Alternate Site Testing: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 - by End User
9.1 Overview
9.2 Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by End User 2022 & 2030 (%)
9.3 Healthcare Settings
9.3.1 Overview
9.3.2 Healthcare Settings: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Self/Homecare
9.4.1 Overview
9.4.2 Self/Homecare: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 -Country Analysis
10.1 Middle East & Africa Glucose Monitoring Devices Market
10.1.1 Overview
10.1.2 Middle East & Africa Glucose Monitoring Devices Market, by Country
10.1.2.1 South Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 South Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.3 South Africa Glucose Monitoring Devices Market, by Type, 2020-2030 (US$ Million)
10.1.2.1.3.1 South Africa Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.1.3.2 South Africa Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.1.4 South Africa Glucose Monitoring Devices Market, by Application, 2020-2030 (US$ Million)
10.1.2.1.5 South Africa Glucose Monitoring Devices Market, by Testing Site, 2020-2030 (US$ Million)
10.1.2.1.6 South Africa Glucose Monitoring Devices Market, by End User, 2020-2030 (US$ Million)
10.1.2.2 Saudi Arabia Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Saudi Arabia Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.3 Saudi Arabia Glucose Monitoring Devices Market, by Type, 2020-2030 (US$ Million)
10.1.2.2.3.1 Saudi Arabia Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.2.3.2 Saudi Arabia Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.2.4 Saudi Arabia Glucose Monitoring Devices Market, by Application, 2020-2030 (US$ Million)
10.1.2.2.5 Saudi Arabia Glucose Monitoring Devices Market, by Testing Site, 2020-2030 (US$ Million)
10.1.2.2.6 Saudi Arabia Glucose Monitoring Devices Market, by End User, 2020-2030 (US$ Million)
10.1.2.3 UAE Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 UAE Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 UAE Glucose Monitoring Devices Market, by Type, 2020-2030 (US$ Million)
10.1.2.3.3.1 UAE Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.3.3.2 UAE Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.3.4 UAE: Middle East & Africa Glucose Monitoring Devices Market, by Application, 2020-2030 (US$ Million)
10.1.2.3.5 UAE Glucose Monitoring Devices Market, by Testing Site, 2020-2030 (US$ Million)
10.1.2.3.6 UAE Glucose Monitoring Devices Market, by End User, 2020-2030 (US$ Million)
10.1.2.4 Rest of Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 Rest of Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.3 Rest of Middle East & Africa Glucose Monitoring Devices Market, by Type, 2020-2030 (US$ Million)
10.1.2.4.3.1 Rest of Middle East & Africa Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.4.3.2 Rest of Middle East & Africa Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type, 2020-2030 (US$ Million)
10.1.2.4.4 Rest of Middle East & Africa Glucose Monitoring Devices Market, by Application, 2020-2030 (US$ Million)
10.1.2.4.5 Rest of Middle East & Africa Glucose Monitoring Devices Market, by Testing Site, 2020-2030 (US$ Million)
10.1.2.4.6 Rest of Middle East & Africa Glucose Monitoring Devices Market, by End User, 2020-2030 (US$ Million)
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Middle East & Africa Glucose Monitoring Devices Market
11.3 Organic Developments
11.3.1 Overview
11.1 Inorganic Developments
11.1.1 Overview
12. Company Profiles
12.1 B. Braun SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 F. Hoffmann-La Roche Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Medtronic Plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Abbott Laboratories
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Ypsomed Holding AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Nipro Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 GE HealthCare Technologies Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Terumo Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms
List of Tables
Table 1. Middle East & Africa Glucose Monitoring Devices Market Segmentation
Table 2. Prevalence of diabetes worldwide, 2021
Table 3. South Africa Glucose Monitoring Devices Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 4. South Africa Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 5. South Africa Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 6. South Africa Glucose Monitoring Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 7. South Africa Glucose Monitoring Devices Market, by Testing Site - Revenue and Forecast to 2030 (US$ Million)
Table 8. South Africa Glucose Monitoring Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 9. Saudi Arabia Glucose Monitoring Devices Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 10. Saudi Arabia Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 11. Saudi Arabia Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 12. Saudi Arabia Glucose Monitoring Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 13. Saudi Arabia Glucose Monitoring Devices Market, by Testing Site - Revenue and Forecast to 2030 (US$ Million)
Table 14. Saudi Arabia Glucose Monitoring Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 15. UAE Glucose Monitoring Devices Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 16. UAE Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 17. Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 18. UAE Glucose Monitoring Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 19. UAE Glucose Monitoring Devices Market, by Testing Site - Revenue and Forecast to 2030 (US$ Million)
Table 20. UAE Glucose Monitoring Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 21. Rest of Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 22. Rest of Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market, For Continuous Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 23. Rest of Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market, For Self-Glucose Monitoring Devices by Type - Revenue and Forecast to 2030 (US$ Million)
Table 24. Rest of Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 25. Rest of Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market, by Testing Site - Revenue and Forecast to 2030 (US$ Million)
Table 26. Rest of Middle East & Africa Middle East & Africa Glucose Monitoring Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 27. Organic Developments Done by Companies
Table 28. Inorganic Developments Done by Companies
Table 29. Glossary of Terms, Middle East & Africa Glucose Monitoring Devices Market
List of Figures
Figure 1. Middle East & Africa Glucose Monitoring Devices Market Segmentation, By Country
Figure 2. Middle East & Africa Glucose Monitoring Devices Market: Key Industry Dynamics
Figure 3. Middle East & Africa Glucose Monitoring Devices Market: Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Glucose Monitoring Devices Market Revenue (US$ Mn), 2020 - 2030
Figure 5. Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by Type 2022 & 2030 (%)
Figure 6. Continuous Glucose Monitoring Devices: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Sensors: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Transmitters: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Receivers: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Self-Glucose Monitoring Devices: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Testing Strips: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Glucose Meters: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Lancets: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Others: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by Application 2022 & 2030 (%)
Figure 16. Type 1 Diabetes: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Type 2 Diabetes: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by Testing Site 2022 & 2030 (%)
Figure 19. Fingertip Testing: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Alternate Site Testing: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Middle East & Africa Glucose Monitoring Devices Market Revenue Share, by End User 2022 & 2030 (%)
Figure 22. Healthcare Settings: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Self/Homecare: Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Middle East & Africa Glucose Monitoring Devices Market, by Key Country - Revenue (2022) (US$ Million)
Figure 25. Middle East & Africa Glucose Monitoring Devices Market, by Country, 2022 & 2030 (%)
Figure 26. South Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. Saudi Arabia Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. UAE Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Rest of Middle East & Africa Glucose Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. Growth Strategies in the Middle East & Africa Glucose Monitoring Devices Market

Executive Summary

At 8.0% CAGR, the Middle East & Africa Glucose Monitoring Devices Market is Speculated to be Worth US$ 1,736.39 million by 2030.

According to this research, the Middle East & Africa glucose monitoring devices market was valued at US$ 935.02 million in 2022 and is expected to reach US$ 1,736.39 million by 2030, registering a CAGR of 8.0% from 2022 to 2030. Rapid technological advancements in glucose monitoring devices is a critical factor attributed to the Middle East & Africa glucose monitoring devices market expansion.

Products with advanced technologies offer more effective benefits in diabetes treatment. As the prevalence of diabetes increases worldwide, the demand for more products with advancements also accelerates. Thus, researchers have been carrying out research activities resulting in product innovations over the years. There are many methods to deliver insulin into the body, such as needles, insulin pens, and insulin pumps. Insulin pumps are small, computerized diabetes management devices connected with a cannula under the skin to deliver a slow, continuous insulin level. The individual can control the program depending on the requirements. Optimal diabetes management depends on accurate glucose monitoring devices. The increasing advancements in glucose monitoring devices have resulted in smaller required blood volumes with improved accuracy. The ability to transfer data between the blood glucose meter and glucose monitoring devices has also been improved. The increasing advancements in blood glucose monitoring technology have improved accuracy, smaller required blood volumes, and the ability to transfer data between the blood glucose meter and glucose monitoring devices. In June 2022, Abbott announced a new bio wearable that continuously monitors glucose and ketone levels in one sensor. Thus, the technological advancements coupled with the increasing influx of new products are expected to propel the market growth over the forecast years.

On the contrary, high cost of glucose monitoring devices hampers the Middle East & Africa glucose monitoring devices market.

Based on type, the Middle East & Africa glucose monitoring devices market is bifurcated into continuous glucose monitoring devices and self-glucose monitoring devices. The self-glucose monitoring devices held 58.6% share of Middle East & Africa glucose monitoring devices market in 2022, amassing US$ 547.83 million. It is projected to garner US$ 991.62 million by 2030 to expand at 7.7% CAGR during 2022-2030.

Based on application, the Middle East & Africa glucose monitoring devices market is bifurcated into type 1 diabetes and type 2 diabetes. The type 2 diabetes segment held 62.2% share of Middle East & Africa glucose monitoring devices market in 2022, amassing US$ 581.50 million. It is projected to garner US$ 1,063.37 million by 2030 to expand at 7.8% CAGR during 2022-2030.

Based on testing site, the Middle East & Africa glucose monitoring devices market is bifurcated into fingertip testing and alternate site testing. The fingertip testing segment held 65.6% share of Middle East & Africa glucose monitoring devices market in 2022, amassing US$ 613.51 million. It is projected to garner US$ 1,165.78 million by 2030 to expand at 8.4% CAGR during 2022-2030.

Based on end user, the Middle East & Africa glucose monitoring devices market is bifurcated into healthcare setting and self/homecare. The self/homecare segment held 59.7% share of Middle East & Africa glucose monitoring devices market in 2022, amassing US$ 557.95 million. It is projected to garner US$ 999.48 million by 2030 to expand at 7.6% CAGR during 2022-2030.

Based on country, the Middle East & Africa glucose monitoring devices market has been categorized into the Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 35.6% share of Middle East & Africa glucose monitoring devices market in 2022. It was assessed at US$ 333.33 million in 2022 and is likely to hit US$ 635.56 million by 2030, exhibiting a CAGR of 8.4% during 2022-2030.

Key players operating the Middle East & Africa glucose monitoring devices market are B. Braun SE, F. Hoffmann-La Roche Ltd, Medtronic Plc, Abbott Laboratories, Ypsomed Holding AG, Nipro Corp, GE HealthCare Technologies Inc, and Terumo Corp, among others.

In Mar-2022, Medtronic plc announced that reimbursement for continuous glucose monitoring (CGM) had been recently expanded or initiated in several countries throughout North and South America. CGM systems provide critical information on glucose levels to help simplify the management of diabetes. In June-2023, Senseonics Holdings, Inc. announced that UnitedHealthcare, the largest health insurance company in the United States, began providing coverage for the Eversense E3 CGM System effective July 1, 2023, for people with type 1 and insulin-requiring type 2 diabetes.

Companies Mentioned

  • B. Braun SE
  • F. Hoffmann-La Roche Ltd
  • Medtronic Plc
  • Abbott Laboratories
  • Ypsomed Holding AG
  • Nipro Corp
  • GE HealthCare Technologies Inc
  • Terumo Corp

Table Information

Report AttributeDetails
No. of Pages97
PublishedDecember 2023
Forecast Period2022 - 2030
Estimated Market Value in 2022 935.02 Million
Forecasted Market Value by 2030 1736.39 Million
Compound Annual Growth Rate8.0%
Regions CoveredAfrica, Middle East
No. of Companies Mentioned8

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About the Blood Glucose Device Market

The Blood Glucose Device market is a subset of the larger Glucose Testing market. It includes products used to measure the amount of glucose in a person's blood. These devices are used by people with diabetes to monitor their blood sugar levels and adjust their insulin dosage accordingly. Blood Glucose Devices are typically small, handheld devices that use a small drop of blood to measure glucose levels. They are often used in conjunction with other diabetes management tools such as insulin pumps and continuous glucose monitors. The Blood Glucose Device market is highly competitive, with a wide range of products available from a variety of manufacturers. Companies such as Abbott, Roche, LifeScan, and Ascensia are some of the major players in the market. Other companies such as Biosense, Sanofi, and Medtronic also offer products in this space. Show Less Read more

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