Continuous Glucose Monitoring (CGM) Market Revenue, Opportunity, Segment and Key Trends 2016-2028 | Abbott Laboratories, Dexcom, Menarini Diagnostics, Echo Therapeutics, Insulet Corporation, GlySens Incorporated, Johnson & Johnson, Medtronic plc, Senseoni

A recent report published by QMI on the market for continuous glucose monitoring is a detailed assessment of the most important market dynamics. After a thorough analysis of the continuous glucose monitoring market, both historical and current growth parameters, business growth expectations are met with the utmost precision. The research discusses unique and significant factors affecting the continuous monitoring of the demand for glucose during the forecast period. It can allow producers of continuous glucose monitoring to adjust their production and marketing strategies in order to foresee maximum growth.

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According to the report, the increasing need for the diagnosis of hyperglycemic and hypoglycemic conditions in an individual is expected to drive the growth of continuous glucose monitoring market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Continuous Glucose Monitoring (CGM) is generally used in order to track the glucose levels throughout the day and night. These CGM systems take glucose measurements at regular intervals, 24 hours a day, and translate the readings into dynamic data, then generate glucose direction and rate of change. Having this context not only helps CGM users proactively manage glucose highs and low but also gives added insight into impacts that meals, exercise, and illness may have on an individual's glucose levels.

Segmentation for better understanding of this market and its growth prospects:

By component type, it is segmented into transmitters & receivers, sensors, and insulin pumps. The transmitters and receivers are majorly used and preferred for their advantages such as user-friendly technology and increasing awareness for testing blood glucose levels in a less time frame.
By end-user, it is segregated into hospitals, homecare diagnostics, and others. The home diagnostics have seen a significant rise in its demand. These continuous glucose monitoring devices have a sensor technology that enables the testing of glucose levels without pricking fingers, and hence, does not require hospital staff intervention for operating these devices. This is one of the major factors that has impacted the growth of this segment.

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Important Factors Impacting Market Growth:

o The increasing need for the diagnosis of hyperglycemic and hypoglycemic conditions in an individual
o Rising prevalence of chronic diseases such as diabetes all across the globe
o Increasing awareness of healthcare amongst the consumers

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For continuous glucose monitoring market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the continuous glucose monitoring market.

North America and Western Europe have been one of the key regions as they have an established healthcare infrastructure for product innovations and early adaptations. This is estimated to drive demand for continuous glucose monitoring market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

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Asia Pacific is estimated to register a high CAGR for continuous glucose monitoring market. The APAC region has witnessed strategic investments by global companies to cater the growing demand for healthcare solutions in the recent years. Middle East and rest of the World are estimated to be emerging regions for continuous glucose monitoring market.

Companies Covered: Dexcom Inc., Roche Diagnostics, Medtronic plc., Novo Nordisk, Abbott Laboratories, Animas Corporation, Ypsomed AG., Bayer AG, Insulet Corporation, and Sensonic Corporation.

Market Segmentation:

By Components :
o Sensors
o Transmitters & Receivers
o Integrated Insulin Pumps

By Demographics:
o Child Population
o 14years

By End-User:
o Clinics & Diagnostics Centers
o ICUs
o Home Healthcare

By Region:

North America
North America, by Country
o US
o Canada
o Mexico
o North America, by Components
o North America, by Demographics
o North America, by End-User

Western Europe
o Western Europe, by Country
o Germany
o UK
o France
o Italy
o Spain
o The Netherlands
o Rest of Western Europe
o Western Europe, by Components
o Western Europe, by Demographics
o Western Europe, by End-User

Asia Pacific
o Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
o Asia Pacific, by Components
o Asia Pacific, by Demographics
o Asia Pacific, by End-User

Eastern Europe
o Eastern Europe, by Country
o Russia
o Turkey
o Rest of Eastern Europe
o Eastern Europe, by Components
o Eastern Europe, by Demographics
o Eastern Europe, by End-User

Middle East
o Middle East, by Country
o UAE
o Saudi Arabia
o Qatar
o Iran
o Rest of Middle East
o Middle East, by Components
o Middle East, by Demographics
o Middle East, by End-User

Rest of the World
o Rest of the World, by Country
o South America
o Africa
o Rest of the World, by Components
o Rest of the World, by Demographics
o Rest of the World, by End-User

Years Covered in the Study:

Historic Year: 2016-2017
Base Year:2018
Estimated Year: 2019
Forecast Year: 2028

Objectives of this Report:

o To estimate market size for Continuous glucose monitoring systems market on regional and global basis.

o To identify major segments in Continuous glucose monitoring systems market and evaluate their market shares and demand.

o To provide a competitive scenario for the Continuous glucose monitoring systems market with major developments observed by key companies in the historic years.

o To evaluate key factors governing the dynamics of Continuous glucose monitoring systems market with their potential gravity during the forecast period.

Reasons to Buy This Report:

o Provides niche insights for decision about every possible segment helping in strategic decision-making process.

o Market size estimation of the Continuous glucose monitoring systems market on a regional and global basis.

o A unique research design for market size estimation and forecast.

o Identification of major companies operating in the market with related developments

o Exhaustive scope to cover all the possible segments helping every stakeholder in the
Continuous glucose monitoring systems market.

Customization:

This study is customized to meet your specific requirements:
o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.