Product Code: ETC6186331 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The non-invasive glucose monitoring device market in Australia is growing due to advancements in biosensor technology and increased patient adoption. Wearable and smartphone-integrated glucose monitoring devices are gaining traction among diabetes patients. Regulatory approvals and healthcare reimbursement programs are supporting market growth.
The non-invasive glucose monitoring device market in Australia is growing due to increasing cases of type 1 and type 2 diabetes and rising demand for real-time glucose monitoring. Growing adoption of smart wearable devices, increasing investment in sensor technology, and rising awareness about the benefits of non-invasive monitoring are driving market growth.
The non-invasive glucose monitoring device market in Australia is constrained by high production and maintenance costs. Regulatory requirements for device accuracy and clinical validation increase operational complexity. Competition from alternative monitoring methods and limited government reimbursement options reduce market penetration. High patient costs and slow adoption of new monitoring technologies further restrict market growth.
The non-invasive glucose monitoring device market in Australia is growing due to technological advancements in continuous glucose monitoring (CGM) systems. Investment opportunities exist in developing sensor-based and non-implantable monitoring devices, improving wireless connectivity, and expanding distribution through pharmacies and hospitals. Growth in remote patient monitoring and increasing diabetes awareness are supporting market expansion.
Non-invasive glucose monitoring devices are regulated under the TGA, which sets performance and safety criteria. The NDSS provides subsidies to make these devices more accessible to diabetes patients. The government supports research into improving sensor accuracy and reducing costs through NHMRC grants. Programs aimed at increasing patient awareness and education on managing diabetes also promote the adoption of non-invasive monitoring technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Non-Invasive Glucose Monitoring Device Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Non-Invasive Glucose Monitoring Device Market - Industry Life Cycle |
3.4 Australia Non-Invasive Glucose Monitoring Device Market - Porter's Five Forces |
3.5 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Non-Invasive Glucose Monitoring Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rising prevalence of diabetes in Australia |
4.2.2 Increasing awareness about the importance of continuous glucose monitoring |
4.2.3 Technological advancements in non-invasive glucose monitoring devices |
4.3 Market Restraints |
4.3.1 High initial costs associated with non-invasive glucose monitoring devices |
4.3.2 Limited reimbursement options for these devices |
4.3.3 Regulatory challenges and approvals for new devices |
5 Australia Non-Invasive Glucose Monitoring Device Market Trends |
6 Australia Non-Invasive Glucose Monitoring Device Market, By Types |
6.1 Australia Non-Invasive Glucose Monitoring Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, By Wearable, 2021- 2031F |
6.1.4 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, By Non Wearable, 2021- 2031F |
6.2 Australia Non-Invasive Glucose Monitoring Device Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, By Hospitals/Clinics, 2021- 2031F |
6.2.3 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, By Home/Personal, 2021- 2031F |
6.2.4 Australia Non-Invasive Glucose Monitoring Device Market Revenues & Volume, By Optical Strips, 2021- 2031F |
7 Australia Non-Invasive Glucose Monitoring Device Market Import-Export Trade Statistics |
7.1 Australia Non-Invasive Glucose Monitoring Device Market Export to Major Countries |
7.2 Australia Non-Invasive Glucose Monitoring Device Market Imports from Major Countries |
8 Australia Non-Invasive Glucose Monitoring Device Market Key Performance Indicators |
8.1 Adoption rate of non-invasive glucose monitoring devices among diabetic patients |
8.2 Average time taken for regulatory approvals for new devices |
8.3 Number of partnerships between device manufacturers and healthcare providers for device promotion and distribution |
9 Australia Non-Invasive Glucose Monitoring Device Market - Opportunity Assessment |
9.1 Australia Non-Invasive Glucose Monitoring Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Non-Invasive Glucose Monitoring Device Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Non-Invasive Glucose Monitoring Device Market - Competitive Landscape |
10.1 Australia Non-Invasive Glucose Monitoring Device Market Revenue Share, By Companies, 2024 |
10.2 Australia Non-Invasive Glucose Monitoring Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |