| Product Code: ETC6679250 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a significant negative growth rate in 2024, the import shipments of glucometers to Cape Verde continued to be dominated by a few key countries. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports among top exporters such as Portugal, China, Spain, USA, and Turkey. This suggests a competitive market environment where these countries hold a strong presence in supplying glucometers to Cape Verde. The decline in the compound annual growth rate (CAGR) from 2020-24 highlights challenges in the market, but the continued shipments from top countries show the importance of these exporters in meeting the demand for glucometers in Cape Verde.

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 Cape Verde Glucometer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Glucometer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Glucometer Market - Industry Life Cycle |
3.4 Cape Verde Glucometer Market - Porter's Five Forces |
3.5 Cape Verde Glucometer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Glucometer Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.7 Cape Verde Glucometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Cape Verde Glucometer Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Cape Verde Glucometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in Cape Verde |
4.2.2 Growing awareness about the importance of regular blood glucose monitoring |
4.2.3 Technological advancements in glucometer devices |
4.3 Market Restraints |
4.3.1 High cost of glucometer devices |
4.3.2 Limited access to healthcare facilities in certain regions of Cape Verde |
4.3.3 Cultural barriers impacting the acceptance and adoption of glucometer devices |
5 Cape Verde Glucometer Market Trends |
6 Cape Verde Glucometer Market, By Types |
6.1 Cape Verde Glucometer Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Glucometer Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Glucometer Market Revenues & Volume, By Continuous Glucose Monitoring Devices, 2021- 2031F |
6.1.4 Cape Verde Glucometer Market Revenues & Volume, By Self-Monitoring Blood Glucose (SMBG) Systems, 2021- 2031F |
6.2 Cape Verde Glucometer Market, By Technique |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Glucometer Market Revenues & Volume, By Invasive, 2021- 2031F |
6.2.3 Cape Verde Glucometer Market Revenues & Volume, By Non-Invasive, 2021- 2031F |
6.3 Cape Verde Glucometer Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Glucometer Market Revenues & Volume, By Wearable, 2021- 2031F |
6.3.3 Cape Verde Glucometer Market Revenues & Volume, By Non-Wearable, 2021- 2031F |
6.4 Cape Verde Glucometer Market, By Distribution channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Glucometer Market Revenues & Volume, By Institutional Sales, 2021- 2031F |
6.4.3 Cape Verde Glucometer Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.4 Cape Verde Glucometer Market Revenues & Volume, By Clinics, 2021- 2031F |
6.4.5 Cape Verde Glucometer Market Revenues & Volume, By Retail Sales, 2021- 2031F |
6.4.6 Cape Verde Glucometer Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.4.7 Cape Verde Glucometer Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.4.8 Cape Verde Glucometer Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Cape Verde Glucometer Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Glucometer Market Import-Export Trade Statistics |
7.1 Cape Verde Glucometer Market Export to Major Countries |
7.2 Cape Verde Glucometer Market Imports from Major Countries |
8 Cape Verde Glucometer Market Key Performance Indicators |
8.1 Number of diabetes cases diagnosed annually in Cape Verde |
8.2 Rate of adoption of glucometer devices among healthcare providers in Cape Verde |
8.3 Average number of times per month glucometer devices are used by patients in Cape Verde |
9 Cape Verde Glucometer Market - Opportunity Assessment |
9.1 Cape Verde Glucometer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Glucometer Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.3 Cape Verde Glucometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Cape Verde Glucometer Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Cape Verde Glucometer Market - Competitive Landscape |
10.1 Cape Verde Glucometer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Glucometer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here