Self-Monitoring Blood Glucose Device Market Size
The market for self-monitoring blood glucose devices is projected to reach US$ 21.05 billion by 2032, up from US$ 11.68 billion in 2023, with a CAGR of 6.76% from 2024 to 2032.
Monitoring your blood glucose levels is a crucial part of managing diabetes. It helps people with diabetes and their healthcare providers to keep their blood sugar levels within a specific range and avoid dangerously low levels. Regular monitoring allows for more consistent blood glucose control through more precise treatment plans. Monitoring also enables adjustments to treatment based on blood glucose values and helps individuals make beneficial changes to their diet, exercise, and insulin doses to better manage their blood sugar levels every day.
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Driving Factor of SMBG Market Worldwide
Increasing Diabetes Prevalence: The rising number of diabet