Key Insights
The South Korean blood glucose monitoring (BGM) market, valued at $228.84 million in 2025, is projected to experience robust growth, driven by increasing prevalence of diabetes and rising geriatric population. The market's Compound Annual Growth Rate (CAGR) of 8.10% from 2019 to 2033 indicates a significant expansion over the forecast period (2025-2033). This growth is fueled by several key factors, including increased awareness of diabetes management, technological advancements in BGM devices (particularly the adoption of continuous glucose monitoring or CGM systems), improved healthcare infrastructure, and government initiatives promoting preventative healthcare and early detection of diabetes. The market segmentation reveals strong demand for both self-monitoring blood glucose (SMBG) devices (glucometers, test strips, lancets) and continuous glucose monitoring (CGM) devices (sensors, receivers, transmitters). While SMBG devices currently dominate the market, the adoption of CGM is rapidly increasing due to their enhanced convenience and ability to provide real-time glucose data, leading to better disease management and reduced complications. Competitive pressures among key players like Acon Laboratories Inc, Medtronic PLC, Abbott Diabetes Care, and Dexcom Inc, are driving innovation and affordability, further stimulating market growth.
The market's growth trajectory, however, may face some challenges. These include the relatively high cost of CGM systems, which may limit accessibility for certain segments of the population. Furthermore, potential reimbursement policy changes and the need for consistent patient education regarding the benefits and proper use of these technologies could influence market expansion. Nevertheless, the overall outlook for the South Korean BGM market remains positive, with significant opportunities for market players to capitalize on the rising demand for advanced and convenient glucose monitoring solutions. The increasing emphasis on personalized diabetes management and telehealth services further contributes to a positive market outlook. Future growth will be largely contingent on continued technological advancements, proactive government support, and effective strategies to increase affordability and patient compliance.
Blood Glucose Monitoring Market in South Korea: A Comprehensive Report (2019-2033)
This dynamic report provides a detailed analysis of the South Korean blood glucose monitoring market, offering invaluable insights for stakeholders seeking to understand market trends, competitive dynamics, and future growth opportunities. Covering the period from 2019 to 2033, with a focus on 2025, this research delivers crucial data and forecasts to inform strategic decision-making. The report encompasses self-monitoring blood glucose (SMBG) devices (glucometers, test strips, lancets) and continuous glucose monitoring (CGM) devices (sensors, receivers/transmitters).
Blood Glucose Monitoring Market in South Korea Market Structure & Competitive Landscape
The South Korean blood glucose monitoring market exhibits a moderately concentrated structure, with a Herfindahl-Hirschman Index (HHI) estimated at xx in 2025. Several multinational corporations dominate, including Abbott Diabetes Care, Medtronic PLC, Roche Holding AG, and Dexcom Inc., alongside significant domestic players like i-SENS. Market concentration is influenced by factors such as strong brand recognition, established distribution networks, and technological capabilities. The regulatory environment, while generally supportive of innovation, necessitates strict adherence to quality and safety standards, impacting market entry. The market is characterized by significant innovation, driven by the ongoing demand for more accurate, convenient, and user-friendly devices. This includes the development of advanced CGM systems and improvements in SMBG technology. Product substitution largely occurs between different types of SMBG devices and the transition from SMBG to CGM. The end-user segment primarily consists of individuals with diabetes, encompassing type 1 and type 2 diabetes patients across various age groups. M&A activity in the South Korean market has been relatively moderate in recent years, with an estimated xx Million USD in deal value during 2019-2024, reflecting a focus on organic growth and strategic partnerships.
- Market Concentration: HHI estimated at xx in 2025.
- Innovation Drivers: Advancements in CGM technology, miniaturization, improved accuracy.
- Regulatory Impacts: Stringent quality and safety standards, impact on market entry.
- Product Substitutes: Shift from SMBG to CGM, competition within SMBG device types.
- End-User Segmentation: Individuals with type 1 and type 2 diabetes.
- M&A Trends: Moderate activity, xx Million USD deal value (2019-2024).
Blood Glucose Monitoring Market in South Korea Market Trends & Opportunities
The South Korean blood glucose monitoring market is projected to experience robust growth, with a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is fueled by several key factors. The increasing prevalence of diabetes within the population, coupled with rising healthcare expenditure and improved awareness of diabetes management, contributes to the rising demand for blood glucose monitoring devices. Technological advancements, specifically the rise of CGM systems offering real-time glucose data and improved accuracy, are driving market penetration. Consumer preferences are shifting towards more user-friendly and convenient devices, with features such as smaller form factors and smartphone integration gaining popularity. Competitive dynamics are largely shaped by the ongoing innovation among leading players, leading to price competition and product differentiation. Market penetration rates for CGM are increasing gradually, with xx% penetration projected by 2033, driven by improved reimbursement policies and the growing recognition of the clinical benefits of continuous monitoring. The market size in 2025 is estimated at xx Million USD, projected to reach xx Million USD by 2033.
Dominant Markets & Segments in Blood Glucose Monitoring Market in South Korea
The South Korean blood glucose monitoring market is largely dominated by the urban areas, reflecting higher healthcare accessibility and awareness levels. Within the product segments, SMBG devices currently constitute the larger portion of the market, although CGM is experiencing rapid growth.
Self-Monitoring Blood Glucose (SMBG) Devices:
- Glucometer Devices: High market share driven by established usage patterns and affordability.
- Test Strips: Essential consumables, closely tied to glucometer sales.
- Lancets: Consumables with relatively stable demand.
Continuous Glucose Monitoring (CGM) Devices:
- Sensors: Rapid growth driver, fuelled by technological improvements and increasing adoption.
- Durables (Receivers and Transmitters): Demand linked to sensor sales.
Key Growth Drivers:
- Expanding diabetes prevalence among South Koreans.
- Increasing healthcare expenditure and insurance coverage.
- Growing awareness of the benefits of regular glucose monitoring.
- Technological improvements in CGM accuracy and user-friendliness.
- Government initiatives to support diabetes management.
Blood Glucose Monitoring Market in South Korea Product Analysis
Technological advancements are central to the evolution of the South Korean blood glucose monitoring market. CGM systems are gaining significant traction due to their ability to provide continuous glucose data, reducing the burden of frequent finger-prick tests. Moreover, integrated smartphone applications and cloud connectivity allow for remote monitoring and data sharing with healthcare providers, which increases patient engagement and improves clinical outcomes. Smaller, less invasive sensors and improved accuracy are key competitive advantages driving market growth. Simultaneously, SMBG devices continue to evolve, incorporating improved ease-of-use features and more affordable prices, maintaining their relevance for a significant patient segment.
Key Drivers, Barriers & Challenges in Blood Glucose Monitoring Market in South Korea
Key Drivers:
- Rising prevalence of diabetes in South Korea.
- Increasing government initiatives to improve diabetes management.
- Technological innovation leading to improved accuracy and usability of devices.
Key Challenges and Restraints:
- High cost of CGM systems, limiting accessibility for some patients.
- Reimbursement policies which may not fully cover the costs of CGM.
- Competition among manufacturers leading to price pressure and margin compression.
- Potential supply chain disruptions impacting availability of consumables.
Growth Drivers in the Blood Glucose Monitoring Market in South Korea Market
The South Korean blood glucose monitoring market benefits from an expanding diabetic population, increasing healthcare expenditure, technological innovations and government support for improved diabetes management programs. These factors, coupled with rising health consciousness, foster a strong growth trajectory. Furthermore, the integration of CGM technology with smart devices and healthcare information systems presents significant potential for market expansion.
Challenges Impacting Blood Glucose Monitoring Market in South Korea Growth
High device costs, particularly for CGM systems, pose a barrier to accessibility for some patients. Inconsistent reimbursement policies and the need for consistent supply chain operations present ongoing challenges for market growth. Intense competition among established players and new entrants can lead to price pressure, impacting profit margins.
Key Players Shaping the Blood Glucose Monitoring Market in South Korea Market
- Acon Laboratories Inc
- Medtronic PLC
- Agamatrix Inc
- Senseonics
- Bionime Corporation
- Trivida Functional Medicine
- Abbott Diabetes Care
- Dexcom Inc
- Roche Holding AG
- Arkray Inc
- Ascensia Diabetes Care
Significant Blood Glucose Monitoring Market in South Korea Industry Milestones
- July 2023: i-SENS receives regulatory clearance for CareSens Air CGM device, representing a significant milestone for domestic CGM development in South Korea.
- August 2021: FIND partners with i-SENS and SD BIOSENSOR to improve affordability of blood glucose test strips in LMICs, including potential implications for South Korea's market dynamics.
Future Outlook for Blood Glucose Monitoring Market in South Korea Market
The future outlook for the South Korean blood glucose monitoring market is exceptionally promising. Continued technological advancements, particularly in CGM technology, and a growing awareness of the benefits of proactive diabetes management, promise sustained growth. Further government support for improved healthcare access and favorable reimbursement policies will further drive market expansion. Strategic partnerships and collaborations amongst stakeholders, coupled with a focus on affordability and accessibility, are expected to unlock considerable market potential in the years to come.
Blood Glucose Monitoring Market in South Korea Segmentation
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1. Self-monitoring blood glucose devices
- 1.1. Glucometer Devices
- 1.2. Test Strips
- 1.3. Lancets
-
2. Continuous blood glucose monitoring devices
- 2.1. Sensors
- 2.2. Durables (Receivers and Transmitters)
Blood Glucose Monitoring Market in South Korea Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Blood Glucose Monitoring Market in South Korea REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 8.10% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Prevalence of Cancer Worldwide; Technological Advancements in Diagnostic Testing; Increasing Demand for Point-of-care Treatment
- 3.3. Market Restrains
- 3.3.1. High Cost of Molecular Diagnostic Tests; Lack of Skilled Workforce and Stringent Regulatory Framework
- 3.4. Market Trends
- 3.4.1. Increasing Type-1 diabetes population across South Korea
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Blood Glucose Monitoring Market in South Korea Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 5.1.1. Glucometer Devices
- 5.1.2. Test Strips
- 5.1.3. Lancets
- 5.2. Market Analysis, Insights and Forecast - by Continuous blood glucose monitoring devices
- 5.2.1. Sensors
- 5.2.2. Durables (Receivers and Transmitters)
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 6. North America Blood Glucose Monitoring Market in South Korea Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 6.1.1. Glucometer Devices
- 6.1.2. Test Strips
- 6.1.3. Lancets
- 6.2. Market Analysis, Insights and Forecast - by Continuous blood glucose monitoring devices
- 6.2.1. Sensors
- 6.2.2. Durables (Receivers and Transmitters)
- 6.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 7. South America Blood Glucose Monitoring Market in South Korea Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 7.1.1. Glucometer Devices
- 7.1.2. Test Strips
- 7.1.3. Lancets
- 7.2. Market Analysis, Insights and Forecast - by Continuous blood glucose monitoring devices
- 7.2.1. Sensors
- 7.2.2. Durables (Receivers and Transmitters)
- 7.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 8. Europe Blood Glucose Monitoring Market in South Korea Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 8.1.1. Glucometer Devices
- 8.1.2. Test Strips
- 8.1.3. Lancets
- 8.2. Market Analysis, Insights and Forecast - by Continuous blood glucose monitoring devices
- 8.2.1. Sensors
- 8.2.2. Durables (Receivers and Transmitters)
- 8.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 9. Middle East & Africa Blood Glucose Monitoring Market in South Korea Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 9.1.1. Glucometer Devices
- 9.1.2. Test Strips
- 9.1.3. Lancets
- 9.2. Market Analysis, Insights and Forecast - by Continuous blood glucose monitoring devices
- 9.2.1. Sensors
- 9.2.2. Durables (Receivers and Transmitters)
- 9.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 10. Asia Pacific Blood Glucose Monitoring Market in South Korea Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 10.1.1. Glucometer Devices
- 10.1.2. Test Strips
- 10.1.3. Lancets
- 10.2. Market Analysis, Insights and Forecast - by Continuous blood glucose monitoring devices
- 10.2.1. Sensors
- 10.2.2. Durables (Receivers and Transmitters)
- 10.1. Market Analysis, Insights and Forecast - by Self-monitoring blood glucose devices
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Acon Laboratories Inc
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Medtronic PLC
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Agamatrix Inc
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Senseonics
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Bionime Corporation
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Trivida Functional Medicine
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Abbott Diabetes Care
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Dexcom Inc
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Roche Holding AG
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Arkray Inc
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Ascensia Diabetes Care
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.1 Acon Laboratories Inc
List of Figures
- Figure 1: Global Blood Glucose Monitoring Market in South Korea Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Global Blood Glucose Monitoring Market in South Korea Volume Breakdown (K Unit, %) by Region 2024 & 2032
- Figure 3: South Korea Blood Glucose Monitoring Market in South Korea Revenue (Million), by Country 2024 & 2032
- Figure 4: South Korea Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Country 2024 & 2032
- Figure 5: South Korea Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Country 2024 & 2032
- Figure 6: South Korea Blood Glucose Monitoring Market in South Korea Volume Share (%), by Country 2024 & 2032
- Figure 7: North America Blood Glucose Monitoring Market in South Korea Revenue (Million), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 8: North America Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 9: North America Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 10: North America Blood Glucose Monitoring Market in South Korea Volume Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 11: North America Blood Glucose Monitoring Market in South Korea Revenue (Million), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 12: North America Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 13: North America Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 14: North America Blood Glucose Monitoring Market in South Korea Volume Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 15: North America Blood Glucose Monitoring Market in South Korea Revenue (Million), by Country 2024 & 2032
- Figure 16: North America Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Country 2024 & 2032
- Figure 17: North America Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Country 2024 & 2032
- Figure 18: North America Blood Glucose Monitoring Market in South Korea Volume Share (%), by Country 2024 & 2032
- Figure 19: South America Blood Glucose Monitoring Market in South Korea Revenue (Million), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 20: South America Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 21: South America Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 22: South America Blood Glucose Monitoring Market in South Korea Volume Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 23: South America Blood Glucose Monitoring Market in South Korea Revenue (Million), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 24: South America Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 25: South America Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 26: South America Blood Glucose Monitoring Market in South Korea Volume Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 27: South America Blood Glucose Monitoring Market in South Korea Revenue (Million), by Country 2024 & 2032
- Figure 28: South America Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Country 2024 & 2032
- Figure 29: South America Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Country 2024 & 2032
- Figure 30: South America Blood Glucose Monitoring Market in South Korea Volume Share (%), by Country 2024 & 2032
- Figure 31: Europe Blood Glucose Monitoring Market in South Korea Revenue (Million), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 32: Europe Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 33: Europe Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 34: Europe Blood Glucose Monitoring Market in South Korea Volume Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 35: Europe Blood Glucose Monitoring Market in South Korea Revenue (Million), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 36: Europe Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 37: Europe Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 38: Europe Blood Glucose Monitoring Market in South Korea Volume Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 39: Europe Blood Glucose Monitoring Market in South Korea Revenue (Million), by Country 2024 & 2032
- Figure 40: Europe Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Country 2024 & 2032
- Figure 41: Europe Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Country 2024 & 2032
- Figure 42: Europe Blood Glucose Monitoring Market in South Korea Volume Share (%), by Country 2024 & 2032
- Figure 43: Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue (Million), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 44: Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 45: Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 46: Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 47: Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue (Million), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 48: Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 49: Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 50: Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 51: Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue (Million), by Country 2024 & 2032
- Figure 52: Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Country 2024 & 2032
- Figure 53: Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Country 2024 & 2032
- Figure 54: Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume Share (%), by Country 2024 & 2032
- Figure 55: Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue (Million), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 56: Asia Pacific Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 57: Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 58: Asia Pacific Blood Glucose Monitoring Market in South Korea Volume Share (%), by Self-monitoring blood glucose devices 2024 & 2032
- Figure 59: Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue (Million), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 60: Asia Pacific Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 61: Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 62: Asia Pacific Blood Glucose Monitoring Market in South Korea Volume Share (%), by Continuous blood glucose monitoring devices 2024 & 2032
- Figure 63: Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue (Million), by Country 2024 & 2032
- Figure 64: Asia Pacific Blood Glucose Monitoring Market in South Korea Volume (K Unit), by Country 2024 & 2032
- Figure 65: Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue Share (%), by Country 2024 & 2032
- Figure 66: Asia Pacific Blood Glucose Monitoring Market in South Korea Volume Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 4: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 5: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 6: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 7: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Region 2019 & 2032
- Table 9: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Country 2019 & 2032
- Table 11: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 12: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 13: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 14: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 15: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Country 2019 & 2032
- Table 17: United States Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: United States Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: Canada Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Canada Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Mexico Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Mexico Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 24: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 25: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 26: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 27: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Country 2019 & 2032
- Table 28: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Country 2019 & 2032
- Table 29: Brazil Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 30: Brazil Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 31: Argentina Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: Argentina Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 33: Rest of South America Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Rest of South America Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 35: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 36: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 37: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 38: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 39: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Country 2019 & 2032
- Table 40: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Country 2019 & 2032
- Table 41: United Kingdom Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: United Kingdom Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Germany Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Germany Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: France Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: France Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Italy Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Italy Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Spain Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Spain Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Russia Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Russia Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 53: Benelux Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Benelux Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 55: Nordics Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Nordics Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 57: Rest of Europe Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 58: Rest of Europe Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 59: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 60: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 61: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 62: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 63: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Country 2019 & 2032
- Table 64: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Country 2019 & 2032
- Table 65: Turkey Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 66: Turkey Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 67: Israel Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 68: Israel Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 69: GCC Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 70: GCC Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 71: North Africa Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 72: North Africa Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 73: South Africa Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 74: South Africa Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 75: Rest of Middle East & Africa Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 76: Rest of Middle East & Africa Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 77: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 78: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Self-monitoring blood glucose devices 2019 & 2032
- Table 79: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 80: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Continuous blood glucose monitoring devices 2019 & 2032
- Table 81: Global Blood Glucose Monitoring Market in South Korea Revenue Million Forecast, by Country 2019 & 2032
- Table 82: Global Blood Glucose Monitoring Market in South Korea Volume K Unit Forecast, by Country 2019 & 2032
- Table 83: China Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 84: China Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 85: India Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 86: India Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 87: Japan Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 88: Japan Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 89: South Korea Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 90: South Korea Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 91: ASEAN Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 92: ASEAN Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 93: Oceania Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 94: Oceania Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 95: Rest of Asia Pacific Blood Glucose Monitoring Market in South Korea Revenue (Million) Forecast, by Application 2019 & 2032
- Table 96: Rest of Asia Pacific Blood Glucose Monitoring Market in South Korea Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Blood Glucose Monitoring Market in South Korea?
The projected CAGR is approximately 8.10%.
2. Which companies are prominent players in the Blood Glucose Monitoring Market in South Korea?
Key companies in the market include Acon Laboratories Inc, Medtronic PLC, Agamatrix Inc, Senseonics, Bionime Corporation, Trivida Functional Medicine, Abbott Diabetes Care, Dexcom Inc, Roche Holding AG, Arkray Inc, Ascensia Diabetes Care.
3. What are the main segments of the Blood Glucose Monitoring Market in South Korea?
The market segments include Self-monitoring blood glucose devices, Continuous blood glucose monitoring devices.
4. Can you provide details about the market size?
The market size is estimated to be USD 228.84 Million as of 2022.
5. What are some drivers contributing to market growth?
Rising Prevalence of Cancer Worldwide; Technological Advancements in Diagnostic Testing; Increasing Demand for Point-of-care Treatment.
6. What are the notable trends driving market growth?
Increasing Type-1 diabetes population across South Korea.
7. Are there any restraints impacting market growth?
High Cost of Molecular Diagnostic Tests; Lack of Skilled Workforce and Stringent Regulatory Framework.
8. Can you provide examples of recent developments in the market?
July 2023: i-SENS, a CGM manufacturer based in South Korea, announced that it has obtained regulatory clearance for CareSens Air, the initial CGM device developed domestically. In March, i-SENS submitted the required documentation to the government for approval. The Ministry of Food and Drug Safety did not require additional supporting paperwork, resulting in an earlier approval than expected.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Blood Glucose Monitoring Market in South Korea," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Blood Glucose Monitoring Market in South Korea report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Blood Glucose Monitoring Market in South Korea?
To stay informed about further developments, trends, and reports in the Blood Glucose Monitoring Market in South Korea, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
