Blood glucose monitoring system market to hit $25.4b by 2030

The diabetes management segment could see the highest CAGR during the period.

The global blood glucose monitoring system market is expected to reach $25.4b by 2030 at a compound annual growth rate (CAGR) of 9.1%, according to a MarketsandMarkets report.

By application, the diabetes management segment is expected to grow at the highest CAGR during the forecast period.

The growth is attributed to the increasing incidence of type 1 and type 2 diabetes globally.

By product type, the self-monitoring blood glucose systems segment accounted for the largest market share in 2024.

“The segment's dominance is further reinforced by continuous product improvements, such as compact designs, faster testing strips, and better data storage features that enhance convenience and accuracy for daily diabetes management,” the report said.