Smartphone Operated/Next-Generation Glucose Monitor Market Key Players Business Strategies Analysis Report to 2030

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Smartphone Operated/Next-Generation Glucose Monitor Market– by Components (Diabetes Monitoring Devices, Tracking & Diagnosis Apps, iOS, Android Based and Kit Accessories), Applications (Single-Use and Dual-Use), End-Users (Home Settings, Hospital & Other Healthcare Settings and Other End Users), Trends, Industry Competition Analysis, Revenue and Forecast To 2030.”

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According to the latest research by InsightAce Analytic, the global Smartphone Operated/Next-Generation Glucose Monitor market will be valued at US$ 3.50 Billion in 2021. It is expected to reach US$ 14.9 Billion by 2030, with a CAGR of 17.8% during a forecast period of 2022-2030.

The easiest way to manage and control diabetes is with next-generation continuous glucose monitors, which measure blood glucose levels in the body. These systems offer information about diseases, diets, prescriptions, and medication reminders. The management of diabetes must include daily glucose monitoring. The next-generation glucose monitors can provide the most excellent diabetes treatment for patients, which can lower manual glucose monitoring errors.

The market for smartphone-operated/next-generation glucose monitors will rise over the projected period due to various characteristics, including real-time data analysis, low cost, and easy availability. In addition, the market is anticipated to grow as a result of factors like the aging population, high prevalence of diabetes in people of all ages, rapid adoption of new technologies, changing lifestyle patterns, rising rates of overweight and obesity in the general population, demand for less invasive procedures, and rising healthcare costs. It is projected that rising diabetes rates will fuel demand for smartphone-operated/next-generation glucose monitors in the upcoming years. However, the next-generation smartphone-operated glucose monitor market’s growth is hampered by patients’ lack of knowledge about contemporary medical technology and strict reimbursement guidelines for sophisticated systems.

North America is anticipated to be the major contributor to the Smartphone Operated/Next-Generation Glucose Monitor market due to the high rate of diabetes prevalence and the quick uptake of cutting-edge technologies. In addition, the Asia Pacific regional market is expected to register significant growth due to the rising improvements in glucose monitor devices, the rising older population, and the rising diabetes cases.

Major market players operating in the Smartphone Operated/Next-Generation Glucose Monitor market include

Health Arx Technologies Pvt. Ltd (India), myDario (US), iHealth Labs, Inc (US), KETO-MOJO (US), LifeScan IP Holdings, LLC (US), Ascensia Diabetes Care (Switzerland), Glooko, Inc (US), Dexcom, Inc (US), Roche Diabetes Care (US), ForeCare, Inc (US), Informed Data Sytems Inc (US), One Drop (US), Amanda Health Inc (US, Big Foot Medical Inc (US), Pops Diabetes Care Inc (US), HealthifyMe (Bengaluru), Intruity Medical, Inc (US), Health25ync (Taiwan), myDiabby Healthcare (France), Symbiome (US), Senseonics Holdings, Inc. (US), Diabnext (France), Diabeto Medtech India Pvt (India), Biosense Technology Pvt Ltd (India), and others.

Recent collaborations and agreements in the market: