About Non-invasive Glucose Monitoring Devices
The non-invasive glucose monitoring device market is an emerging segment within the medical technology industry, focused on developing devices that measure blood glucose levels without requiring skin penetration or blood samples. These devices utilize advanced sensing technologies such as optical spectroscopy, radio frequency, and transdermal biosensors to provide real-time or on-demand glucose readings. The growing prevalence of diabetes and the increasing demand for pain-free, user-friendly glucose monitoring solutions are key drivers of market expansion. Wearable devices, such as smartwatches, rings, and skin patches, dominate this sector, offering continuous glucose monitoring for both diabetic patients and health-conscious consumers. Companies like Abbott, DiaMonTech, and Movano Health are investing in research and development to enhance accuracy and accessibility, while regulatory approvals and strategic partnerships play a crucial role in market growth. Additionally, the availability of over-the-counter (OTC) glucose monitoring devices, such as Abbott’s Lingo, is widening consumer access. North America leads the market due to strong healthcare infrastructure and technological advancements, followed by Europe and Asia-Pacific. As innovation accelerates, non-invasive glucose monitoring is expected to revolutionize diabetes management, making it more convenient and less intrusive, ultimately improving the quality of life for millions of individuals worldwide.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Non-invasive Glucose Monitoring Devices is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Non-invasive Glucose Monitoring Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advanced Brain Monitoring (United States), General Electric (GE Healthcare) (United States), Medtronic (Ireland), CNSystems Medizintechnik (Austria), Philips (Philips Healthcare) (Netherlands), Integrity Applications (Israel), OrSense (Israel), Abbott (United States), Tensys Medical (United States) and Omron Healthcare (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are A&D Medical (United States), Vaso Corporation (United States) and CAS Medical Systems (United States).
Segmentation Overview
AMA Research has segmented the market of Global Non-invasive Glucose Monitoring Devices market by Type (Cardiac Monitoring Devices, Brain Monitoring Devices, Blood Pressure Monitoring Devices, Anesthesia Monitoring Devices and Blood Glucose Monitoring Devices), Application (Cardiology, Neurology and Oncology) and Region.
On the basis of geography, the market of Non-invasive Glucose Monitoring Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Modality, the sub-segment i.e. Table-Top Devices will boost the Non-invasive Glucose Monitoring Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals & Clinics will boost the Non-invasive Glucose Monitoring Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration with Wearable Technology
Market Growth Drivers:
Increased the demand for non-invasive monitoring solutions and Shift towards telemedicine
Challenges:
High Development Costs
Restraints:
Accuracy Concerns
Opportunities:
Innovations in sensor technology and Data analytics have enhanced the accuracy and reliability of non-invasive devices
Market Leaders and their expansionary development strategies
In May 2023, Planon, a developer of building management software, formed a strategic partnership with SAP. This collaboration aimed to integrate Planon's field service management capabilities with SAP's enterprise solutions, offering clients a unified platform for managing real estate and facilities operations.
In September 2024, Abbott introduced its over-the-counter continuous glucose monitoring system, Lingo, in the U.S. This device features adhesive skin patches that sync with smartphones, providing continuous glucose readings without the need for finger pricks. Lingo is targeted at adults not on insulin therapy and is available in various usage packages, including two-week, four-week, and twelve-week options.
Key Target Audience
Government Authorities, Research and Development, Investors, Venture Capitalist and Third Party Knowledge Providers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.