Market Overview
Using a device to automatically estimate your blood glucose level, also known as blood sugar, throughout the day and night is known as continuous glucose monitoring. The market for continuous blood glucose monitoring (CGM) was expanding quickly due to rising diabetes rates, improvements in CGM technology, and rising awareness of the advantages of CGM.
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Continuous Blood Glucose Monitoring Market Key Players
- Abbott (U.S.)
- ARKRAY (Japan)
- Dexcom, Inc. (U.S.)
- Medtronic (Ireland)
- Nipro (Japan)
- Nova Biomedical (US)
- OrSense Ltd. (Israel)
- PKvitality (France)
- Sanofi (France)
- Senseonics (U.S.)
- Siren Care, Inc. (US)
- Terumo Corporation (Japan)
- Ypsomed (Switzerland), and other major players.
Dynamics and Factors For Continuous Blood Glucose Monitoring Market
- Rapid urbanization and the growing trend toward a sedentary lifestyle in both developed and emerging countries are the main causes of the increased prevalence of diabetes. For example, according to the International Diabetes Federation, a projected 537 million adults globally had diabetes in 2021, with an estimated 51.6% of those people living in China, India, the United States, Brazil, and Mexico. International adoption of these systems has accelerated due to the sharp rise in the number of persons with type 1 or insulin-dependent type 2 diabetes.
- For example, the International Diabetes Federation reported that in 2021, the global prevalence of type 1 diabetes was approximately 9.8% of the entire population, and the incidence was anticipated to be 149.5 per 1,000 among children and adolescents aged 0-19. Therefore, the demand for and uptake of diabetes monitoring devices like BGMs are being fueled by the existence of a sizable diabetic population with insulin-dependent diabetes, the launch of new products by industry participants, and advantageous reimbursement.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
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Continuous Blood Glucose Monitoring Market Segmentation
By Product
- Receivers
- Sensors
- Insulin Pump
By Testing Site
- Fingertip testing
- Alternate Site Testing
By End-User
- Home Care
- Diagnostics Centres
- Hospitals
Regional Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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- Which is the fastest growing region in the Continuous Blood Glucose Monitoring Market?
- What is the growth rate of the Continuous Blood Glucose Monitoring Market?
- What are the upcoming opportunities and trends for the Continuous Blood Glucose Monitoring Market?
- What segments are covered in the Continuous Blood Glucose Monitoring Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Continuous Blood Glucose Monitoring Market?
- Which are the factors expected to drive the Continuous Blood Glucose Monitoring Market growth?
Our study dives deep into the complete market ecosystem of the Continuous Blood Glucose Monitoring Market, elucidating the functions and interdependencies of various market stakeholders. Through comprehensive segmentation analysis and geographical coverage, we facilitate a profound understanding of regional trends. Additionally, we explore external factors that impact the market dynamics.
An essential component of our report includes company profiles and competitive analysis, offering invaluable insights into market players' overview, market role, operating business segments, products, and financial performance. By evaluating critical metrics like production volume, sales volume, and sales margin, we provide a comprehensive understanding of their market position.
Key Points Covered in Market Report:
- Overview, Definition and Classification Market drivers and barriers
- Market Competition by Manufacturers
- Capacity, Production, Revenue (Value) by Region (2024-2032)
- Supply (Production), Consumption, Export, Import by Region (2024-2032)
- Manufacturers Profiles/Analysis Manufacturing Cost Analysis, Industrial/Supply Chain
- Analysis, Sourcing Strategy and Downstream Buyers, Marketing
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