Saudi Arabia Blood Glucose Monitoring Devices Market By Product Type (Self Blood Glucose Monitoring Devices {Glucometers, Test Strips, Lancets} v/s Continuous Glucose Monitoring Devices {Sensors, Transmitters & Receivers, Integrated Insulin Pumps}) By Application (Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes) By End User (Home Care Settings, Hospital, Others) By Region, Competition Forecast & Opportunities, 2027

Saudi Arabia blood glucose monitoring devices market is anticipated to grow with an impressive CAGR until 2027. The market growth can be attributed to growing number of diabetic patient and rising geriatric population that is more prone to diabetes. Factors like increasing awareness about the diabetes preventive care and latest product launches are propelling the market growth further in the upcoming five years.

Blood glucose monitoring devices as the name describe are used to record, the rising or decreasing blood sugar level for a patient. It is a regulatory device that can calculate the glucose level in blood without any invasive procedure. Blood glucose monitoring devices are economically benefitting and is crucial for diagnosis and treatment of various cardiovascular problems. Rising prevalence of chronic diseases like neuropathy, retinopathy are also major drivers that are actively influencing the Saudi Arabia blood glucose monitoring devices market growth in the next five years.

Moreover, government aid toward reimbursement of the diagnostic and treatment procedures would support the market growth. Technologically advanced products are also flooding the market, with products that are with better user interface, compatible with the smartphones etc. are some other growth propelling factors.

Saudi Arabia blood glucose monitoring devices market segmentation is based on product type, application, end user, regional distribution, and competitional landscape. Based on product type the market is further segmented into self-blood glucose monitoring devices and continuous glucose monitoring devices. Self-blood glucose monitoring devices is anticipated to assert its dominance over the market in the upcoming five years owing its growth to the ease of use, and cost efficiency of the product. The segment is further fragmented into glucometer, lancets, and test strips.

Some of the top players in the Saudi Arabia blood glucose monitoring devices market are, Abbott Saudi Arabia, Roche Diagnostics Saudi Arabia LLC, Johnson & Johnson Medical Saudi Arabia Limited, Medtronic Saudi Arabia Co., Becton, Dickinson, and Company Saudi Arabia, Nipro Middle East FZE, Mediserv (B.Braun), VitalAire Arabia, Sanofi Aventis Arabia Co. Ltd, Bayer Saudi Arabia, among others. The companies are involving themselves into research and development for the methods of better quality, to provide better products.

Objective of the Study:

• To analyze the historical growth of the market size of Saudi Arabia blood glucose monitoring devices market from 2017 to 2020.
• To estimate and forecast the market size of Saudi Arabia blood glucose monitoring devices market from 2021 to 2027 and growth rate until 2027. 
• To classify and forecast Saudi Arabia blood glucose monitoring devices market based on product type, application, end user, regional distribution, and competitional landscape.
• To identify dominant region or segment in the Saudi Arabia blood glucose monitoring devices market.
• To identify drivers and challenges for Saudi Arabia blood glucose monitoring devices market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia blood glucose monitoring devices market.
• To identify and analyze the profile of leading players operating in Saudi Arabia blood glucose monitoring devices market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia blood glucose monitoring devices market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia blood glucose monitoring devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Blood glucose monitoring devices manufacturers, end users, and other stakeholders
• Distributers and suppliers of the products and other stakeholders
• Organizations, forums, and alliances related to blood glucose monitoring devices products
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia blood glucose monitoring devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Blood Glucose Monitoring Devices Market, By Product Type:
• Self-Blood Glucose Monitoring Devices
• Glucometers
• Test Strips
• Lancets
• Continuous Glucose Monitoring Devices
• Sensors
• Transmitters & Receivers
• Integrated Insulin Pumps
• Saudi Arabia Blood Glucose Monitoring Devices Market, By Application:
• Type 1 Diabetes
• Type 2 Diabetes
• Gestational Diabetes
• Saudi Arabia Blood Glucose Monitoring Devices Market, By End User:

o   Home Care Settings

o   Hospital

o   Others

• Saudi Arabia Blood Glucose Monitoring Devices Market, By Region:
• Western Region
• Northern & Central Region
• Eastern Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia blood glucose monitoring devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).