| Product Code: ETC8634923 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria self-monitoring blood glucose device import market in 2024 saw significant contributions from top exporting countries such as China, Metropolitan France, India, Vietnam, and Germany. Despite this, the market remained relatively competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 showed a decline of -21.18%, with a notable decrease in growth rate from 2023 to 2024 at -33.85%. These figures suggest a challenging landscape for blood glucose device imports in Nigeria, highlighting the need for strategic market approaches and innovative solutions.

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 Nigeria Self-Monitoring Blood Glucose Devices Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Self-Monitoring Blood Glucose Devices Market - Industry Life Cycle |
3.4 Nigeria Self-Monitoring Blood Glucose Devices Market - Porter's Five Forces |
3.5 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.6 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Nigeria Self-Monitoring Blood Glucose Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in Nigeria |
4.2.2 Rising awareness about the importance of self-monitoring blood glucose levels |
4.2.3 Technological advancements in blood glucose monitoring devices |
4.3 Market Restraints |
4.3.1 High cost associated with self-monitoring blood glucose devices |
4.3.2 Limited access to healthcare facilities in certain regions of Nigeria |
4.3.3 Lack of reimbursement policies for self-monitoring blood glucose devices |
5 Nigeria Self-Monitoring Blood Glucose Devices Market Trends |
6 Nigeria Self-Monitoring Blood Glucose Devices Market, By Types |
6.1 Nigeria Self-Monitoring Blood Glucose Devices Market, By Components |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, By Components, 2021- 2031F |
6.1.3 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, By Glucometer Devices, 2021- 2031F |
6.1.4 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, By Test Strips, 2021- 2031F |
6.1.5 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, By Lancets, 2021- 2031F |
6.2 Nigeria Self-Monitoring Blood Glucose Devices Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, By Hospitals/Clinics, 2021- 2031F |
6.2.3 Nigeria Self-Monitoring Blood Glucose Devices Market Revenues & Volume, By Home/Personal, 2021- 2031F |
7 Nigeria Self-Monitoring Blood Glucose Devices Market Import-Export Trade Statistics |
7.1 Nigeria Self-Monitoring Blood Glucose Devices Market Export to Major Countries |
7.2 Nigeria Self-Monitoring Blood Glucose Devices Market Imports from Major Countries |
8 Nigeria Self-Monitoring Blood Glucose Devices Market Key Performance Indicators |
8.1 Number of diabetic patients utilizing self-monitoring blood glucose devices |
8.2 Adoption rate of new blood glucose monitoring technologies in Nigeria |
8.3 Average frequency of blood glucose level monitoring among diabetic population |
9 Nigeria Self-Monitoring Blood Glucose Devices Market - Opportunity Assessment |
9.1 Nigeria Self-Monitoring Blood Glucose Devices Market Opportunity Assessment, By Components, 2021 & 2031F |
9.2 Nigeria Self-Monitoring Blood Glucose Devices Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Nigeria Self-Monitoring Blood Glucose Devices Market - Competitive Landscape |
10.1 Nigeria Self-Monitoring Blood Glucose Devices Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Self-Monitoring Blood Glucose Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |