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Global Smartphone Operated/Next-Generation Glucose Monitor Market

Smartphone Operated/Next-Generation Glucose Monitor Market Size, Share & Trends Analysis Report By Component (Diabetes Monitoring Devices, Tracking & Diagnosis Apps (iOS, Android Based), Kit Accessories), By Application, By End-User, By Region, And Segment Forecasts, 2024-2031

Report ID : 1196 | Published : 2024-08-20 | Pages: 180 | Format: PDF/EXCEL

The Smartphone Operated/Next-Generation Glucose Monitor Market is expected to grow at a 15.0 % CAGR during the forecast period for 2024-2031. 

smartphone operated glucose monitor

The high prevalence of diabetes, rising demand for cost-effective equipment, growing geriatric population, unhealthy diet, fast adoption of advanced technologies, increasing government funding for healthcare services, and the surging R&D activities to innovate smartphone medical applications are driving the growth of this market. The increasing outbreak of current COVID-19 forces the biopharma companies to develop rapid and efficient disease monitoring tools. Thus, boosting the opportunities for this market. However, the data accuracy issues related to the glucose monitor devices and the lack of awareness among the public about the advanced medical smartphone applications may restrain the growth of this market over the forecast period.

Market Segmentation

The smartphone-operated/next-generation glucose monitor market is classified based on components, applications, end-users, and region. The market is grouped into diabetes monitoring devices, tracking & diagnosis apps (ios and android based), and kit accessories by components. The diabetes monitoring device segment is anticipated to dominate this market over the forecast period owing to the high prevalence of diabetes worldwide. By applications, the market is divided into single-use and dual-use. Based on the end-users, the market is classified into home settings, hospitals & other healthcare settings, and other end users. Regionally, the market is catagorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America dominated the market in 2023 and is projected to dominate during the forecast period due to the growing incidence of diabetics, increasing demand for smartphone medical applications, and the rising government initiatives to advance healthcare services.

Competitive Landscape

Some Of The Key Players In The Smartphone Operated/Next-Generation Glucose Monitor Market:

  • Health Arx Technologies Pvt. Ltd (India),
  • myDario (US),
  • iHealth Labs, Inc (US),
  • KETO-MOJO (US),
  • LifeScan IP Holdings, LLC (US),
  • Ascensia Diabetes Care (Switzerland),
  • Glooko, Inc (US),
  • Dexcom, Inc (US),
  • Roche Diabetes Care (US),
  • ForeCare, Inc (US),
  • Informed Data Sytems Inc (US),
  • One Drop (US),
  • Amanda Health Inc (US, Big Foot Medical Inc (US),
  • Pops Diabetes Care Inc (US),
  • HealthifyMe (Bengaluru),
  • Intruity Medical, Inc (US),
  • Health25ync (Taiwan),
  • myDiabby Healthcare (France),
  • Symbiome (US),
  • Senseonics Holdings, Inc. (US),
  • Diabnext (France),
  • Diabeto Medtech India Pvt (India),
  • Biosense Technology Pvt Ltd (India),

The Smartphone Operated/Next-Generation Glucose Monitor Market Report Scope

Report Attribute

Specifications

Market Size Value In 2023

USD XX Billion

Revenue Forecast In 2031

USD XXBillion

Growth Rate CAGR

CAGR of 15.0% from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Billion and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Components, By Application, By End-User

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Health Arx Technologies Pvt. Ltd (India), myDario (US), iHealth Labs, Inc (US), KETO-MOJO (US), LifeScan IP Holdings, LLC (US), Ascensia Diabetes Care (Switzerland), Glooko, Inc (US), Dexcom, Inc (US), Roche Diabetes Care (US), ForeCare, Inc (US), Informed Data Sytems Inc (US), One Drop (US), Amanda Health Inc (US, Big Foot Medical Inc (US), Pops Diabetes Care Inc (US), HealthifyMe (Bengaluru), Intruity Medical, Inc (US), Health25ync (Taiwan), myDiabby Healthcare (France), Symbiome (US), Senseonics Holdings, Inc. (US), Diabnext (France), Diabeto Medtech India Pvt (India), Biosense Technology Pvt Ltd (India), and others.

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing And Available Payment Methods

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Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Smartphone Operated/Next-Generation Glucose Monitor Market Snapshot

Chapter 4. Global Smartphone Operated/Next-Generation Glucose Monitor Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. COVID 19 Impact Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Major Investment, Partnerships and Collaborations in Smartphone Operated/Next-Generation Glucose Monitor Research

Chapter 5. Market Segmentation 1: By Component, Estimates & Trend Analysis

5.1. By Component, & Market Share, 2023 & 2031

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Component:

5.2.1. Diabetes Monitoring Devices

5.2.2. Tracking & Diagnosis Apps

5.2.2.1.  iOS

5.2.2.2.  Android Based

5.2.3. Kit Accessories

Chapter 6. Market Segmentation 2: By Applications Estimates & Trend Analysis

6.1. By Applications & Market Share, 2023 & 2031

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Applications:

6.2.1. Single Use

6.2.2. Dual-Use

Chapter 7. Market Segmentation 3: By End-Users Estimates & Trend Analysis

7.1. By End-Users & Market Share, 2023 & 2031

7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By End-Users:

7.2.1. Home Settings

7.2.2. Hospital & Other Healthcare Settings

7.2.3. Other End Users

Chapter 8. Smartphone Operated/Next-Generation Glucose Monitor Market Segmentation 3: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) estimates and forecasts By Component, 2024-2031

8.1.2. North America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) estimates and forecasts By Applications, 2024-2031

8.1.3. North America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) estimates and forecasts By End-Users, 2024-2031

8.1.4. North America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) estimates and forecasts by country, 2024-2031

8.2. Europe

8.2.1. Europe Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Component, 2024-2031

8.2.2. Europe Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Applications, 2024-2031

8.2.3. Europe Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By End-Users, 2024-2031

8.2.4. Europe Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) by country, 2024-2031

8.3. Asia Pacific

8.3.1. Asia Pacific Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Component, 2024-2031

8.3.2. Asia Pacific Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Applications, 2024-2031

8.3.3. Asia Pacific Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By End-Users, 2024-2031

8.3.4. Asia Pacific Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) by country, 2024-2031

8.4. Latin America

8.4.1. Latin America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Component, 2024-2031

8.4.2. Latin America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Applications, 2024-2031

8.4.3. Latin America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By End-Users, 2024-2031

8.4.4. Latin America Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) by country, 2024-2031

8.5. Middle East & Africa

8.5.1. Middle East & Africa Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Component, 2024-2031

8.5.2. Middle East & Africa Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By Applications, 2024-2031

8.5.3. Middle East & Africa Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) By End-Users, 2024-2031

8.5.4. Middle East & Africa Smartphone Operated/Next-Generation Glucose Monitor Market revenue (US$ Million) by country, 2024-2031

Chapter 9. Competitive Landscape

9.1. Company Profiles

9.1.1. Arx Technologies Pvt. Ltd

9.1.2. myDario

9.1.3. iHealth Labs, Inc

9.1.4. KETO-MOJO

9.1.5. LifeScan IP Holdings, LLC

9.1.6. Ascensia Diabetes Care

9.1.7. Glooko, Inc

9.1.8. Dexcom, Inc

9.1.9. Roche Diabetes Care

9.1.10. ForeCare, Inc

9.1.11. Apollo Sugar Diabetes Store

9.1.12. Informed Data Sytems Inc

9.1.13. One Drop

9.1.14. Amanda Health Inc

9.1.15. Big Foot Medical Inc

9.1.16. Pops Diabetes Care Inc

9.1.17. HealthifyMe

9.1.18. Intruity Medical, Inc

9.1.19. Health25ync

9.1.20. myDiabby Healthcare

9.1.21. Symbiome

9.1.22. Diabnext

9.1.23. Diabeto Medtech India Pvt

9.1.24. Biosense Technology Pvt Ltd

9.1.25. Other Prominent Player

Segmentation of Smartphone Operated/Next-Generation Glucose Monitor Market

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by Components

  • Diabetes Monitoring Devices
  • Tracking & Diagnosis Apps
    • iOS
    • Android Based
  • Kit Accessories 

smartphone operated glucose monitor

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by Applications

  • Single-Use
  • Dual-Use

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by End-Users

  • Home Settings
  • Hospital & Other Healthcare Settings
  • Other End Users

Global Smartphone Operated/Next-Generation Glucose Monitor Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America Smartphone Operated/Next-Generation Glucose Monitor Market, by Country

  • U.S.
  • Canada

Europe Smartphone Operated/Next-Generation Glucose Monitor Market, by Country

  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific Smartphone Operated/Next-Generation Glucose Monitor Market, by Country

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Smartphone Operated/Next-Generation Glucose Monitor Market, by Country

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Smartphone Operated/Next-Generation Glucose Monitor Market, by Country

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa 

Competitive Landscape

  • Company Overview
  • Financial Performance
  • Key Development
  • Latest Strategic Developments

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

Who are the Key Players in the The Smartphone Operated/Next-Generation Glucose Monitor Market?

The Smartphone Operated/Next-Generation Glucose Monitor Market Size is estimated to grow at a CAGR of 15% during the forecast period.

The Smartphone Operated/Next-Generation Glucose Monitor Market is expected to grow at a 15.0% CAGR during the forecast period for 2024-2031.

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