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Continuous Glucose Monitoring System Market is Likely to Grow USD 12.36 Billion in 2030 At a CAGR 10.7%. | Top Key Players are. Abbott, Bayer AG, BeatO and Others

03-20-2023 10:35 AM CET | Health & Medicine

Press release from: Extrapolate

Continuous Glucose Monitoring System

Continuous Glucose Monitoring System

The continuous glucose monitoring system market was valued at USD 6.38 Billion in 2021. The market is projected to grow USD 12.36 Billion in 2030, at a CAGR of 10.7%. The device is a wearable sensor that automatically measures glucose levels in the human body. A CGM is one of the latest technological advancements that detects the levels of glucose in blood or interstitial fluid and transfers the recorded data via a transmitter to a receiver/monitor for the purpose of showing the findings. It is an important device that can assist people who test frequently in understanding additional information regarding their glucose fluctuations from eating, exercise, and the impact of drugs like insulin.

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Market Overview of Continuous Glucose Monitoring System:
A continuous glucose monitoring (CGM) system is a medical device that is used to monitor and track the levels of glucose (sugar) in a person's bloodstream on a continuous basis. It typically consists of a small sensor that is placed under the skin, usually on the abdomen or arm, and a transmitter that sends data from the sensor to a monitoring device such as a smartphone or insulin pump.

The sensor measures the glucose levels in the interstitial fluid (the fluid between the cells) every few minutes, and the transmitter sends this data wirelessly to the monitoring device. This allows the person with diabetes or their healthcare provider to see their glucose levels in real-time, which can help them make better decisions about their diabetes management.

CGM systems can provide valuable information about glucose patterns and trends over time, such as how glucose levels change in response to food, exercise, medication, and stress. This information can help people with diabetes adjust their insulin doses and make lifestyle changes to improve their blood sugar control.

Leading Players operating in the Continuous Glucose Monitoring System Market are:
• Abbott
• Bayer AG
• BeatO
• Dexcom, Inc.
• DiaMonTech AG
• F. Hoffmann-La Roche Ltd
• Glysens Incorporated
• iXensor
• Jana Care Inc.
• Teladoc Health, Inc.
• Medtronic
• Novo Nordisk A/S
• Senseonics
• Ypsomed AG

SEGMENTATION

By Component
• Transmitters
• Sensors
• Receivers

By End-use
• Hospitals
• Home Care
• Others

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By Region
• North America
• Europe
• Asia
• Latin America
• The Middle East and Africa

Why Purchase the Report?
• The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
• The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
• Understand the current market scenario and viability of the global market over the forecast period.
Browse Full Report@ https://www.extrapolate.com/healthcare-medical-devices-biotechnology/continuous-glucose-monitoring-system-market/26104

Some of the key questions answered in this report:
• What can we estimate about the anticipated growth rates and also the global Continuous Glucose Monitoring System Market industry size by 2030?
• What will happen in the coming existing and emerging markets?
• What will the market development pace of market?
• Which are the five top players in the Continuous Glucose Monitoring System Market?
• How will the Continuous Glucose Monitoring System Market change in the upcoming years?

KEY INDUSTRY DEVELOPMENTS:
May 2020- Bayer announced a commercial agreement with WaveForm that aims to provide innovative glucose monitoring solutions to patients and physicians in China.

April 2020- Ypsomed and DexCom entered into a partnership for the development of individualized diabetes therapy and improvement of diabetes therapy.

TABLE OF CONTENTS-
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact on Continuous Glucose Monitoring System Market
Chapter 5. Global Continuous Glucose Monitoring System Market Overview, By Product, 2017 - 2030(USD Million)
---------Continued

Browse Complete TOC: https://www.extrapolate.com/toc/healthcare-medical-devices-biotechnology/continuous-glucose-monitoring-system-market/26104

Contact Us
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog

About Extrapolate
Extrapolate is a Global Market Research, Advisory and Consulting firm which works closely with Industry experts from various industries to bring the latest and most accurate research reports.

In an era of breakneck change and a low tolerance for missed or misread opportunities, businesses need astute guidance to shape markets - not merely respond to them. Extrapolate helps clients develop market perspectives that drive success.

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