The global Blood Ketone Meter Market Growth Accelerated by Rising Diabetes Prevalence
Blood ketone meters are medical devices used to monitor ketone levels in the blood and serve as a reliable indicator of diabetic ketoacidosis. Used extensively by diabetic patients for self-monitoring of ketone levels at home, blood ketone meters offer accurate results within 5 seconds and help manage hyperglycemia. The global Blood Ketone Meter Market is estimated to be valued at US$ 365.8 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing prevalence of diabetes among the global population has been a key growth driver for the blood ketone meter market. It is estimated that over 460 million people worldwide currently suffer from diabetes and this figure is expected to rise to around 700 million by 2045. Frequent self-monitoring of blood ketone levels helps diabetic patients manage their condition more effectively and take timely measures...