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Continuous Glucose Monitoring Systems Europe Market Is Expected High Growth in Near Future - Continuous Glucose Monitoring Systems Industry

12-13-2016 09:31 AM CET | Health & Medicine

Press release from: ResearchBeam Market Research

Research Beam added report on “Europe Continuous Glucose Monitoring Systems Market Technology, Trends, Growth and Research – Europe Continuous Glucose Monitoring Systems Market by Component (Sensors, Transmitters & Receivers, and Integrated Insulin Pumps), Demographics (Child Population (14 years), and Adult Population (>14 years)), and End User (Diagnostic Centers/Clinics, ICUs, and Home Healthcare) - Global Opportunity Analysis and Industry Forecast, 2014-2022”

Research Beam study says Europe continuous glucose monitoring systems market accounted for $58 million in 2015 and is projected to reach $792 million by 2022, growing at a CAGR of 44.9% during the forecast period, Request Sample Copy @ http://www.researchbeam.com/europe-continuous-glucose-monitoring-systems-market/request-sample
The EU CGMS market report analyzes the market based on four segments: components, demographics, end users, and country. Based on component, it is categorized into sensors, transmitters & receivers, and integrated insulin pumps. Based on demographics, it is bifurcated into adult and child population. Based on end users, it is mainly classified into diagnostics/clinics, ICUs, and home healthcare. Based on country, the EU CGMS market is analyzed across Germany, France, UK, Spain, Italy, Netherlands, Norway, Sweden, Denmark, Finland, and rest of Europe.

The Europe continuous glucose monitoring systems market value is growing at a significant pace owing to the rise in diabetic population and increase in adoption rate of CGM devices. Key players focus on new product development to meet the specific requirements of the researchers. For instance, in May 2016, Senseonics Holdings Inc. received CE mark approval for Eversense CGM system that includes implantable glucose sensor, a wearable transmitter, and a mobile app.

Agreement and partnership are other key strategies adopted by the key players. These strategies between different companies, healthcare facilities, and academic institutions can positively impact the market growth. For instance, in May 2016, Senseonics signed a distributive agreement with Roche to market and sell Eversense CGM system in Germany, the Netherlands, and Italy.

The Europe continuous glucose monitoring systems market is expected to witness significant growth from 2016 to 2022, owing to numerous advantages of CGMS such as minimal invasiveness and real-time blood glucose monitoring. In addition, increase in per capita healthcare expenditure, increase in incidence of diabetes in Europe, and growth in purchasing power due to high disposable income of individuals are expected to fuel the EU CGMS market growth. Furthermore, the ability of CGMS to provide detailed analysis of blood glucose levels and higher precision as compared to traditional blood glucose monitoring supplements this growth. However, high costs associated with CGMS, lack of adequate reimbursement policies, and stringent government regulations restrict the global continuous glucose monitoring systems market as well as Europe continuous glucose monitoring systems market.

KEY BENEFITS FOR STAKEHOLDERS
• This Europe continuous glucose monitoring systems market report provides an extensive analysis of the current EU CGMS market trends and future estimations.
• The market scenario is comprehensively analyzed with respect to the components, demographics, and end users.
• Market estimations are based on high-end analysis of the key developments from 2014 to 2022.
• Recent developments and key manufacturers are listed to understand the competitive market scenario.
• In-depth analysis based on geography provides an understanding of the regional market, which assists in strategic business planning.

Ask for Discount @ http://www.researchbeam.com/europe-continuous-glucose-monitoring-systems-market/purchase-enquiry

With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.

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