MEA Self-monitoring Blood Glucose Devices Market Size (2024 - 2029)

The Middle East and Africa self-monitoring blood glucose devices market is projected to experience growth over the forecast period, driven by an increasing prevalence of diabetes due to lifestyle changes in the region. This growing healthcare burden has prompted governments to implement various policies and initiatives, although some countries still lack comprehensive national strategies to address key risk factors. Despite these challenges, the market is expected to expand as efforts to manage diabetes and its complications continue to evolve.

Market Size of MEA Self-monitoring Blood Glucose Devices Industry

MEA Self-monitoring Blood Glucose Devices Market Summary
Study Period 2018 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 253.12 Million
Market Size (2029) USD 335.39 Million
CAGR (2024 - 2029) 5.79 %

Major Players

MEA Self-monitoring Blood Glucose Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

MEA Self-monitoring Blood Glucose Devices Market Analysis

The MEA Self-monitoring Blood Glucose Devices Market size is estimated at USD 253.12 million in 2024, and is expected to reach USD 335.39 million by 2029, growing at a CAGR of 5.79% during the forecast period (2024-2029).

The Middle East and African region had witnessed an alarming increase in the prevalence of diabetes, in recent years, the rate of diabetes is at an all-time high, mainly due to lifestyle changes. Diabetes is associated with many health complications. 

Patients with diabetes require many corrections throughout the day to maintain nominal blood glucose levels, such as administering additional insulin or ingesting additional carbohydrates by monitoring their blood glucose levels. Diabetes poses an emerging healthcare burden across the region.

Governments in the Middle East identified the threat of diabetes and started to respond with various policies, initiatives, and programs. Six out of 15 countries in this region still do not contain a national operational action policy for diabetes. 

Many countries still do not include a national strategy to reduce overweight, obesity, and physical inactivity, which are important risk factors for diabetes. Most counties fully implemented national diabetes treatment guidelines. However, constant measures are being taken to minimize diabetic complications. Therefore, the studied market is anticipated to grow due to the factors above.

Owing to the aforementioned factors the studied market is anticipated to witness growth over the analysis period.

MEA Self-monitoring Blood Glucose Devices Industry Segmentation

Self-monitoring blood glucose devices is an important aid for diabetic patients. Patients with diabetes can measure their blood glucose to detect hypoglycemia, adjust insulin doses as needed, and establish the response to nutrition and pharmacotherapy. The middle east and african self-monitoring blood glucose devices market are segmented into components and geography. The report offers the value (in usd) and volume (in units) for the above segments. 

Component
Glucometer Devices
Test Strips
Lancets
Geography
Egypt
Iran
Saudi Arabia
Oman
South Africa
Rest of Middle East and Africa
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MEA Self-monitoring Blood Glucose Devices Market Size Summary

The Middle East and Africa self-monitoring blood glucose devices market is poised for significant growth, driven by the rising prevalence of diabetes in the region. This increase in diabetes cases is largely attributed to lifestyle changes, urbanization, and socio-economic factors, which have led to a surge in conditions such as obesity and physical inactivity. Governments in the region have recognized the healthcare burden posed by diabetes and are implementing various policies and initiatives to combat it. Despite some countries lacking comprehensive national strategies, efforts are underway to minimize diabetic complications and improve healthcare outcomes. The market is expected to expand as a result of these initiatives, with a particular focus on blood glucose test strips, which are anticipated to see higher growth in volume and share compared to glucose meters due to their frequent usage and continuous investment nature.

In Saudi Arabia, the demand for quality healthcare services is increasing, driven by an aging population and a growing prevalence of lifestyle diseases like diabetes and obesity. The Saudi government is actively working to ensure comprehensive healthcare coverage for its citizens, aiming to enhance affordability, access, and quality of digital and primary healthcare services. This supportive governmental framework, coupled with the involvement of the private sector, is expected to further propel the growth of the self-monitoring blood glucose devices market in the region. The market remains fragmented, with a few major global manufacturers and several local players, indicating a competitive landscape. Recent developments, such as the inclusion of personal use glucose meters in WHO's essential diagnostics and advancements in Bluetooth-connected devices, highlight the ongoing innovation and regulatory support shaping the market's future.

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MEA Self-monitoring Blood Glucose Devices Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Component

      1. 2.1.1 Glucometer Devices

      2. 2.1.2 Test Strips

      3. 2.1.3 Lancets

    2. 2.2 Geography

      1. 2.2.1 Egypt

      2. 2.2.2 Iran

      3. 2.2.3 Saudi Arabia

      4. 2.2.4 Oman

      5. 2.2.5 South Africa

      6. 2.2.6 Rest of Middle East and Africa

MEA Self-monitoring Blood Glucose Devices Market Size FAQs

The MEA Self-monitoring Blood Glucose Devices Market size is expected to reach USD 253.12 million in 2024 and grow at a CAGR of 5.79% to reach USD 335.39 million by 2029.

In 2024, the MEA Self-monitoring Blood Glucose Devices Market size is expected to reach USD 253.12 million.

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