United States Self-Monitoring Blood Glucose Devices Market Research 2023-2032: SMBG Devices and CGM Systems Surge - The Shift from Traditional Blood Glucose Meters [Yahoo! Finance]
Sanofi - American Depositary Shares (SNY)
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Company Research
Source: Yahoo! Finance
The latest comprehensive research study has been added to an extensive repository, providing a detailed overview of the U.S. Self-Monitoring Blood Glucose Devices (SMBG) market. With a robust CAGR of 6.5%, the market size, which stood at USD 4,045 million in 2023, is projected to reach approximately USD 7,138 million by 2032. Market Dynamics and Growth The market is experiencing substantial growth due to several key factors. An increasing prevalence of diabetes in the United States , coupled with technological advancements in glucose monitoring devices, drives the sector forward. The rising trend of wearable technology and smart devices that provide real-time data management has contributed significantly to the market expansion. Patient empowerment and the shift towards home care management of health conditions, particularly highlighted during the COVID-19 pandemic, have accelerated the demand for SMBG devices. The market landscape is further shaped by developing insurance polici
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