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Continuous Glucose Monitoring Device Market Overall Study Report 2020-2026| Senseonics Holdings, Inc., Insulet Corporation, Bayer AG, Ypsomed Holding AG, LifeScan, Novo Nordisk, Medtronic PLC, Dexcom Inc., Abbott Diagnostics Inc and others
Continuous Glucose Monitoring Device Market
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Top Key Players:
• Roche Diagnostics
• Abbott Diagnostics Inc.
• Dexcom Inc.
• Medtronic PLC
• Novo Nordisk
• LifeScan
• Ypsomed Holding AG
• Bayer AG
• Insulet Corporation
• Senseonics Holdings, Inc.
The market is primarily segmented on the basis of Component Type, By End-Use, and by Geographic region.
COVID-19 Impact Analysis
• Current Scenario Analysis
• Future Growth Impact Analysis
Continuous Glucose Monitoring Device Market Assessment by Component Type
• Transmitters & Receivers
• Sensors
• Insulin Pumps
Global Continuous Glucose Monitoring Device Market, by End-Use
• Hospitals
• Homecare Diagnostics
• Others
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Continuous Glucose Monitoring Device have witnessed tremendous growth in the recent past and this trend is expected to continue from 2020 to 2026. Health agencies as well as governments have issued health advisories which explicitly mention that people suffering from diabetes are at high risk of corona virus infection. Experts have also specifically mentioned that continuous monitoring of blood glucose levels to avoid worsening of conditions. CGM is expected to benefit from such trends.
The regulatory framework is one of the most restraining factors pertaining to pharmaceutical, biotechnology and medical technology industry. Absence of clear regulatory framework/guidelines for the diagnostic sector in developing countries such as India and China where the CGM market has great growth potential due to the presence of a large patient base is anticipated to impede growth in the coming years. The presence of such discrete and uncertain scenario about the regulations for CGM devices creates confusion among CGM manufacturers regarding commercialization.
North America emerged as the largest market in 2019 and the regional market is expected to dominate the market up to the end of the forecast period i.e. 2026. Strong presence of market participants, high awareness regarding device usage and high inclination towards preventive healthcare are some of the factors benefitting the regional market growth.
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Blood Glucose Monitoring Device Market 2020-2026 https://www.polarismarketresearch.com/industry-analysis/blood-glucose-monitoring-device-market
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