Global Non-Invasive Blood Glucose Monitoring Devices Market Report By Technology (Spectroscopy, Microwave/H-sensing, Electromagnetic, Thermal, Ultrasunic, Others), By Modality (Wearable, Non wearable/Table Top), By End-user (Home Care, Clinics) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030

As per this study, the Global Non-Invasive Blood Glucose Monitoring Devices Market was valued USD 26.52 MN (by revenue) in 2022 and is anticipated to reach USD 248.89 MN by 2030 with a CAGR of 32.3%.

Non-invasive blood glucose monitoring devices measure the blood glucose level in diabetes patients. Non-invasive glucose monitoring refers to the measurement of blood without puncturing the skin or causing pain or trauma to the consumer, this is the reason behind the popularity of non-invasive devices. Non-invasive measurement of blood glucose concentration improves the level of blood sugar control and quality of diabetes patient's life. In addition to, it is used for both Type1 and Type2 type of diabetes patients.
 
Market Dynamics
 
The increasing number of diabetes patients in all age group across the globe is pushing the demand for non-invasive blood glucose monitoring devices market. The rising trend of homecare application in the healthcare sector is driving the market growth. And, the growing need for economic, compact, painless and convenience measuring device for measuring blood glucose level among consumers is also fueling the demand in the market. In addition, raising the probability of infectious diseases from the needle used for measuring blood glucose, is again a factor propelling the non-invasive devices market. Also, the technological advancements such as detection of glucose level using tears of eyes and by pH level of patients sweat are further growth opportunities in non-invasive blood glucose monitoring devices market. Whereas, the non-invasive monitoring devices use multivariate regression analysis which needs to be changed for accurate detection of blood glucose levels so that it leads to better disease management.  
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of non-invasive blood glucose monitoring devices.
 
Market Segmentation
 
The broad non-invasive blood glucose monitoring devices market has been sub-grouped into technology, modality and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Technology

• Spectroscopy
• Microwave/H-sensing
• Electromagnetic
• Thermal
• Ultrasunic
• Others

By Modality

• Wearable
• Non wearable/Table top

By End-user

• Hospitals
• Home Care
• Clinics

Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for non-invasive blood glucose monitoring devices in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Non-Invasive Blood Glucose Monitoring Devices Market Share by Region (Representative Graph)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Non-Invasive Blood Glucose Monitoring Devices market include DiaMontech GmbH, Nemaura Medical Inc., Integrity Applications, Inc., CNOGA Medical Ltd., Breath Health, Inc., Metamaterial Technologies, Inc., Opticology, Inc, NovioSense BV, Quick LLC, RSP Systems A/S. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.