Press release
Impact of the COVID-19 on Continuous Glucose Monitoring (CGM) Devices Market SWOT Analysis By Key Players: Abbott Laboratories, Medtrum Technologies, Inc., Tandem Diabetes Care
Continuous Glucose Monitoring (CGM) devices provide real-time information on blood glucose levels, less invasively than conventional glucose monitoring devices, marking a remarkable change in diabetes care. Continuous glucose monitoring devices automatically tracks blood sugar levels throughout the day that can be analyzed to make more informed decisions throughout the day about how to balance your food, physical activity, and medicines.Effective approach such as continuous glucose monitoring can prevent the complications associated with diabetes as well as premature death that can result from all types of diabetes. CGM system requires less number of finger sticks and allows for data from the device to be transferred and shared for further analysis. The rise in continuous glucose monitoring market is majorly attributed to the rise in incidence of diabetes and to curb the complications associated with the disease.
The global continuous glucose monitoring (CGM) devices market was valued at US$ 3,807.3 million in 2018 and is expected to witness a robust CAGR of 24.8% over the forecast period (2019- 2027).
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The key players profiled in this report include: Medtronic, Dexcom, Inc., Abbott Laboratories, Medtrum Technologies, Inc., Tandem Diabetes Care, Senseonics, Glycens, Insulet Corporation, and Nemaura Medical, Inc., STMicroelectronics, NXP Semiconductors, Qualcomm, Taiwan Semiconductor Manufacturing Company Limited, GE Healthcare, Microchip Technology Inc., Texas Instruments Inc. and Micron Technology Inc.
Detailed Segmentation:
By Component:TransmittersReceiversInsulin PumpsSensorsGlobal Continuous Glucose Monitoring (CGM) Devices Market, By Geography:North AmericaBy Component:TransmittersReceiversInsulin PumpsSensors
Regions included:
o North America (United States, Canada, and Mexico)
o Europe (Germany, France, UK, Russia, and Italy)
o Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
o South America (Brazil, Argentina, Colombia)
o Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Benefits:
o This study gives a detailed analysis of drivers and factors limiting the market expansion of Continuous Glucose Monitoring
o The micro-level analysis is conducted based on its product types, end-user applications, and geographies
o Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
o By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Continuous Glucose Monitoring market
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The research study can answer the following Key questions:
What will be the progress rate of the Continuous Glucose Monitoring Market for the conjecture period, 2020 - 2027?
What are the prominent factors driving the Continuous Glucose Monitoring Market across different regions?
Who are the major vendors dominating the Continuous Glucose Monitoring industry and what are their winning strategies?
What will be the market scope for the estimated period?
What are the major trends shaping the expansion of the industry in the coming years?
What are the challenges faced by the Continuous Glucose Monitoring Market?
Table of Contents
-- Report Overview: It includes the Continuous Glucose Monitoring market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
-- Executive Summary: This section of the report gives information about Continuous Glucose Monitoring market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market share and growth rate by region is provided.
-- Profiles of International Players: Here, key players of the Continuous Glucose Monitoring market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.
-- Regional Study: All of the regions and countries analyzed in the Continuous Glucose Monitoring market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.
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