Market Information

The worldwide market for disposable diabetes testing supplies in 2017 is estimated at $12 billion. A recently published market research report on the blood glucose disposables market estimates the worldwide market to exceed $15 billion by 2025. These projections mirror the overall increases in the incidence and prevalence of diabetes worldwide. This trend is especially acute in Asian-Pacific countries undergoing rapid industrialization where living standards and eating habits provide fertile ground for the emergence of lifestyle related chronic diseases such as diabetes, obesity, and heart related illnesses. CGM is an emerging segment within the larger $12 billion world-wide blood glucose self-monitoring market. In 2017, estimated worldwide sales of CGM and related disposables is $1 billion annually, representing 8% market penetration into the overall self-monitoring blood glucose market.