U.S Self-Monitoring Blood Glucose Devices Market Size To Exceed USD 7.1 Billion By 2033 | CAGR of 6.5%
According to a research report published by DPI Research, the U.S. Self-Monitoring Blood Glucose Devices market size was accounted for USD 4,045 million in 2023 and it is expected to reach around USD 7,138 million by 2032 poised to grow at a noteworthy CAGR of 6.5% during the forecast period from 2024 to 2032. Market Trends: Increased Diabetes Prevalence: The global rise in diabetes , fueled by factors such as an aging population, sedentary lifestyles and unhealthy diets, is a key driver of demand for SMBG devices. Technological Advancements: Continuous glucose monitoring (CGM) systems are becoming increasingly popular compared to traditional blood glucose meters as they provide real-time insight into glucose levels without the need to take blood samples from the finger. Smart, connected devices that can be synchronized with mobile apps for better data management and analysis are also on the rise. Patient Empowerment and Home Care: There is an increasing trend towards patients t