Non-Invasive Blood Glucose Monitoring Devices Market, By Technology (Optical, Transdermal, Enzymatic, and Others), By Modality (Wearable, and Non-wearable), By End User (Hospitals, Home Care Settings, and Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook and Opportunity Analysis 2018-2026

  • Published On : May 2019 |
  • Pages : 163 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Non-Invasive Blood Glucose Monitoring Devices Market– Insights

Non-invasive glucose monitoring holds great promise for improving diabetes management by providing better and pain-free blood glucose measurement leading to expansion of non-invasive blood glucose monitor market in the forecast period. This devices measure blood glucose levels in patients suffering from diabetes, without puncturing the skin, or causing pain or trauma. The frequent change in blood glucose levels in diabetic patients has to be tracked by the glucose monitoring device. Glucose monitoring devices can be invasive or non-invasive, but the non-invasive blood glucose monitoring devices market is increasing due to the need of an economic, compact, painless and convenient device for the patients to use.

The global non-invasive blood glucose monitoring devices market size was valued at US$ 5.1 million in 2017, and is expected to witness a CAGR of 35.0%% over the forecast period (2018 – 2026).

Global Non-Invasive Blood Glucose Monitoring Devices Market Share (%) Analysis, By Technology, 2026

Source: Coherent Market Insights Analysis (2019)

Convenience offered by non-invasive blood glucose monitoring devices over self-monitoring devices is expected to drive non-invasive blood glucose monitoring devices market growth

Non-invasive blood glucose monitoring system requires a less number of finger sticks and enables easy transfer and sharing of data from the device for further analysis. For instance, DiaMonTech GmbH, a Germany-based medical device company has developed a non-invasive glucose monitoring device: DMT Pocket; which non-invasively measures the blood glucose without drawing blood, finger pricking, or a test strip. It measures the blood glucose level simply by relaxing patient’s fingertip on the sensor, and displays the blood glucose levels in 5 to 15 seconds. This device can also communicate with mobile phone, enabling easy access to the information at any time.

Non-invasive Blood Glucose Monitoring Devices Market– Restraints

Non-invasive blood glucose monitoring devices are the next step in continuous glucose monitoring (CGM) devices due to various reasons related to the wearer’s comfort. These non-invasive glucose monitoring devices are based on technology, which detects characterization of the biological properties of the skin or biological fluids such as saliva or tears that can be used to track glucose changes in strictly controlled conditions.

However, none of them provide point accuracy close to that of minimally invasive CGM devices under uncontrolled conditions. This is mainly due to the reason that minimally invasive CGM devices measure glucose concentration subcutaneously with an enzymatic sensor that is in contact with biological fluids containing glucose molecules, whereas non-invasive CGM devices measure skin characteristics modulated by glucose changes that are also sensitive to intrinsic (physiology related) and extrinsic (environment related) factors.

Non-invasive Blood Glucose Monitoring Devices Market - Regional Insights

On the basis of region, the global non-invasive blood glucose monitoring devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to be the most lucrative region in the non-invasive blood glucose monitoring devices market over the forecast period due to factors such as increasing engagement of government healthcare regulatory bodies in promoting intermittent or continuous glucose monitoring among diabetic people. Increasing incidence of diabetes and risk factors associated with it such as binge eating, sedentary lifestyle, and insulin resistance, among others in this region, and higher number of non-invasive glucose monitoring devices currently in the development phase, which are expected to launch in the near future.

In Asia Pacific, the non-invasive blood glucose monitoring devices market size is expected to foresee a rapid growth, owing to expanding healthcare infrastructure in emerging economies such as India, and rising incidence of diabetes in the region. For instance, according to the Asian Diabetes Prevention Initiative, 2013, around 113.9 million adults have diabetes in China and 65.1 million adults were diagnosed with diabetes in India. Moreover, China and India are estimated to account for over half a billion diabetic patients by 2030.

Global Non-Invasive Blood Glucose Monitoring Devices Market Value (US$ Mn) & Y-o-Y Growth (%), 2016-2026

   

 Source: Coherent Market Insights Analysis (2019)

Non-Invasive Blood Glucose Monitoring Devices Market - Competitive Landscape

Key players operating in the global 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, and RSP Systems A/S.

The development of non-invasive glucose monitoring devices marked a remarkable change in diabetes care, as these devices provide real-time information on blood glucose levels, less invasively than conventional glucose monitoring devices. Non-invasive glucose monitoring automatically and constantly tracks blood glucose levels throughout the day, thus providing information that can be analysed to make informed decisions about managing dietary habits, physical activity, and medication.

Moreover, with non-invasive glucose monitoring devices, one can perform an unlimited amount of measurements and evaluate blood glucose level as it changes throughout the day, as well as overnight.

Market Dynamics

Non-invasive glucose monitoring holds great promise for improving diabetes management by providing better and pain-free blood glucose measurement. Moreover, increasing prevalence of diabetes is expected to drive growth of the market. For instance, according to World Health Organisation (WHO), in 2014, diabetes mellitus, a worldwide epidemic disease affected 422 million people and became the seventh leading cause of death in the U.S.

Healthcare regulatory bodies are focused on increasing awareness regarding continuous glucose monitoring, which will help in the adoption of non-invasive glucose monitoring devices in near future. For instance, National Diabetes Strategy (2016-20) has been developed in Australia to guide national action and priorities to prevent diabetes and support the people suffering from diabetes. However, less accuracy of non-invasive blood glucose monitoring devices can negatively impact the adoption rate of the product in future.

Key features of the study:

  • This report provides in-depth analysis of the non-invasive blood glucose monitoring devices market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017, as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles key players in the global non-invasive blood glucose monitoring devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include DiaMonTech GmbH, Nemaura Medical Inc., Integrity Applications, Inc., CNOGA Medical Ltd., Breath Health, Inc., Metamaterial Technologies Inc., Opticology Inc., NovioSense BV, Quick LLC, and RSP Systems A/S
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global non-invasive blood glucose monitoring devices market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for non-invasive blood glucose monitoring devices market, research and consulting firms, new entrants, and financial analysts

 

Detailed Segmentation:

  • Global Non-Invasive Blood Glucose Monitoring Devices Market, By Technology:
  • Optical
      • Infrared Spectroscopy
      • Raman Spectroscopy
  • Transdermal
      • Impedance Spectroscopy
      • Reverse iontophoresis
    • Enzymatic
  • Others
  • Global Non-Invasive Blood Glucose Monitoring Devices Market, By Modality:
    • Wearable
    • Non-wearable
  • Global Non-Invasive Blood Glucose Monitoring Devices Market, By End User:
    • Hospitals
    • Home Care Settings
    • Clinics
  • Global Non-Invasive Blood Glucose Monitoring Devices Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Technology:
        • Optical
          • Infrared Spectroscopy
          • Raman Spectroscopy
        • Transdermal
          • Impedance Spectroscopy
          • Reverse iontophoresis
        • Enzymatic
        • Others
      • By Modality:
        • Wearable
        • Non-wearable
      • By End User:
        • Hospitals
        • Home Care Settings
        • Clinics
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Technology:
        • Optical
          • Infrared Spectroscopy
          • Raman Spectroscopy
        • Transdermal
          • Impedance Spectroscopy
          • Reverse iontophoresis
        • Enzymatic
        • Others
      • By Modality:
        • Wearable
        • Non-wearable
      • By End User:
        • Hospitals
        • Home Care Settings
        • Clinics
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Technology:
        • Optical
          • Infrared Spectroscopy
          • Raman Spectroscopy
        • Transdermal
          • Impedance Spectroscopy
          • Reverse iontophoresis
        • Enzymatic
        • Others
      • By Modality:
        • Wearable
        • Non-wearable
      • By End User:
        • Hospitals
        • Home Care Settings
        • Clinics
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Technology:
        • Optical
          • Infrared Spectroscopy
          • Raman Spectroscopy
        • Transdermal
          • Impedance Spectroscopy
          • Reverse iontophoresis
        • Enzymatic
        • Others
      • By Modality:
        • Wearable
        • Non-wearable
      • By End User:
        • Hospitals
        • Home Care Settings
        • Clinics
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Technology:
        • Optical
          • Infrared Spectroscopy
          • Raman Spectroscopy
        • Transdermal
          • Impedance Spectroscopy
          • Reverse iontophoresis
        • Enzymatic
        • Others
      • By Modality:
        • Wearable
        • Non-wearable
      • By End User:
        • Hospitals
        • Home Care Settings
        • Clinics
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Technology:
        • Optical
          • Infrared Spectroscopy
          • Raman Spectroscopy
        • Transdermal
          • Impedance Spectroscopy
          • Reverse iontophoresis
        • Enzymatic
        • Others
      • By Modality:
        • Wearable
        • Non-wearable
      • By End User:
        • Hospitals
        • Home Care Settings
        • Clinics
  • Company Profiles
    • DiaMonTech GmbH*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • 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

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology
      • Market Snippet, By Modality
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Regulatory Landscape
    • Investment Opportunities
    • Epidemiology Analysis
    • PEST Analysis
    • Porter’s Five Forces model
  4. Global Non-Invasive Blood Glucose Monitoring Devices Market, By Technology, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Optical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
        • Infrared Spectroscopy
        • Raman Spectroscopy
    • Transdermal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
        • Impedance Spectroscopy
        • Reverse iontophoresis
    • Enzymatic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  5. Global Non-Invasive Blood Glucose Monitoring Devices Market, By Modality, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Wearable
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Non-wearable
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  6. Global Non-Invasive Blood Glucose Monitoring Devices Market, By End User, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Home Care Settings
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  7. Global Non-Invasive Blood Glucose Monitoring Devices Market, By Region, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Modality, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Modality, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Modality, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Modality, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Modality, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Modality, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Company Profiles
      • DiaMonTech GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Nemaura Medical Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Integrity Applications, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • CNOGA Medical Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Breath Health, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Metamaterial Technologies Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Opticology Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • NovioSense BV
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Quick LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • RSP Systems A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 22 market data tables and 17 figures on "Non-Invasive Blood Glucose Monitoring Devices Market” - Global forecast to 2026”

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
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  • Distributors
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