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Asia-Pacific Continuous Glucose Monitoring Market Analysis with Research Report 2020
Continuous Glucose Monitoring Market
The report presents an in-depth assessment of the Asia-Pacific Continuous Glucose Monitoring including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Asia-Pacific Continuous Glucose Monitoring investments from 2020 till 2024.
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The Asia-Pacific Continuous Glucose Monitoring market is highly competitive and consists of a number of major players. Companies, like Abbott Diabetes Care, Dexcom, Medtronics, Senseonics among others.
Market Overview:
- The countries in the Asia-Pacific region have a high prevalence of diabetes. According to WHO, in 2015, approximately 1.6 million deaths were attributed directly to diabetes, on a global scale.
- An additional 2.2 million deaths were caused due to high blood glucose, in 2012. The countries in the Asia-Pacific region account for close to 60% of the total diabetic population in the world, since the prevalence of diabetes in these countries is consistently showing increasing trends.
Latest news and developments:
February 19, 2020: Abbott (NYSE: ABT) and Insulet Corporation (NASDAQ: PODD), the global leader in tubeless insulin pump technology with its Omnipod Insulin Management System (Omnipod System), announced that they are partnering to integrate Abbott's world-leading glucose sensing technology with Insulet's next-generation tubeless system, the Omnipod Horizon Automated Insulin Delivery (AID) System (Omnipod Horizon System), to offer personalized automated insulin delivery and care for people living with diabetes. Controlled through an app on a user's personal smartphone device - a unique feature that will be offered with the Omnipod Horizon System - the integrated platform will consist of the trusted tubeless insulin delivery Pod and Abbott's next-generation FreeStyle Libre sensor. Through a simple, intuitive design, glucose data from the sensor will be sent directly to the Pod that is embedded with an algorithm to automatically adjust insulin delivery - without the need for an additional device, connection or tubing. This integrated system will be designed to always remain in automated insulin delivery mode and can be controlled through an app on a user's personal smartphone to manually take a dose of fast-acting insulin, or bolus, before meals for optimal performance. Additionally, the integrated platform is expected to be the first combined system with a fully disposable wearable sensor and pump.
April 08, 2020: Abbott's FreeStyle Libre 14 day system, the world's leading continuous glucose monitoring (CGM) technology, can now be used in the hospital setting during the COVID-19 pandemic, according to the U.S. Food and Drug Administration (FDA). This will permit frontline healthcare workers to remotely monitor patients with diabetes receiving inpatient care by assessing real-time glucose levels and glucose history. To help hospitals and medical centers in COVID-19 outbreak hotspots ramp up access to the technology, Abbott will donate 25,000 FreeStyle Libre 14 day sensors in partnership with the American Diabetes Association (ADA), Insulin for Life USA and Diabetes Disaster Response Coalition.
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Key Market Trends:
CGMs Proves to Be an Instrumental Tool, which Helps in the Improvement of Glycemic Balance
- The prevalence among the adult population, aged between 20 and 70 years, is anticipated to rise from 285 million, in 2010, to a staggering 438 million by 2030.
- In patients relying on insulin pumps or multiple daily injection (MDI) therapy, the CGMs proves to be an instrumental tool, which helps in the improvement of glycemic balance without aggregating the danger for severe hypoglycemia.
- As studied in several clinical trials, diabetic patients with T1DM have been shown to have better glycemic control, as compared to when glucometer is used for routine self-monitoring blood glucose.
- The trend follows even in children who use CGM in a steady fashion. The results in these children show better-glycosylated hemoglobin (HbA1c) levels without an amplified frequency of hypoglycemia.
- The current, approved CGM models administer glucose oxidase-based electrochemical subcutaneous sensors for the detection of glucose levels in interstitial fluid.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/08071391683/asia-pacific-continuous-glucose-monitoring-market-growth-trends-and-forecast-2019-2024?Source=Openpr&Mode=R15
The key insights of the Continuous Glucose Monitoring Market report:
The report provides key statistics on the market status of the Continuous Glucose Monitoring market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Continuous Glucose Monitoring market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2024 market development trends of Continuous Glucose Monitoring Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Continuous Glucose Monitoring Industry before evaluating its feasibility.
Finally, Continuous Glucose Monitoring Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Continuous Glucose Monitoring industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Browse Related Reports:
Glucose Monitoring Market:
https://www.marketinsightsreports.com/reports/06061278307/global-glucose-monitoring-market-insights-forecast-to-2025/inquiry?Source=Openpr&Mode=R15
Urine Based Glucose Monitoring Market:
https://www.marketinsightsreports.com/reports/10221513763/global-urine-based-glucose-monitoring-market-professional-survey-report-2019/inquiry?Source=Openpr&Mode=R15
Self Glucose Monitoring Market:
https://www.marketinsightsreports.com/reports/11071536040/global-self-glucose-monitoring-market-professional-survey-report-2019/inquiry?Source=Openpr&Mode=R15
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Asia-Pacific and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
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