Press release
Continuous Glucose Monitoring Market Growth, Strategic Analysis, Future Scenarios and Forecast by 2029
The continuous glucose monitoring market is expected to witness market growth at a rate of 16% in the forecast period of 2022 to 2029. Data Bridge Market Research report on continuous glucose monitoring market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the incidence of diabetes is escalating the growth of continuous glucose monitoring market.Continuous glucose monitoring (CGM) devices are known to offer real-time information on blood glucose levels, less insensitively than conventional glucose monitoring devices, marking a noteworthy alteration in the diabetes care.
Major factors that are expected to boost the growth of the continuous glucose monitoring market in the forecast period are the rise in the adoption of advanced diabetic care devices. Furthermore, the growing of the diabetic population around the world is further anticipated to propel the growth of the continuous glucose monitoring market. Moreover, the increase in the number of geriatric population is further estimated to cushion the growth of the continuous glucose monitoring market. On the other hand, the dearth of adequate reimbursement of medical devices is further projected to impede the growth of the continuous glucose monitoring market in the timeline period.
Asceses Full report@- https://www.databridgemarketresearch.com/reports/global-continuous-glucose-monitoring-market
Global continuous glucose monitoring market is segmented on the basis of component, demographics and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
• On the basis of component, the continuous glucose monitoring market is segmented into integrated insulin pumps, transmitters and receivers and sensors.
• On the basis of demographics, the market is segmented into child population (14 years).
• On the basis of end-user, the continuous glucose monitoring market is segmented into clinics and diagnostic centers, home care, private clinics, hospitals and others.
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Some of the major players operating in the continuous glucose monitoring market are Abbott, Integrity Applications., OrSense - non-invasive technologies, Medtronic, IQVIA, Johnson & Johnson Services Inc., ARKRAY USA, Inc., Dexcom, Inc., SRL Diagnostics., Insulet Corporation., GlySens Incorporated., Senseonics, and Terumo Corporation among others.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
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