BGM and CGM Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

BGM and CGM Market Size
According to new survey, global BGM and CGM market is projected to reach US$ 27310 million in 2029, increasing from US$ 14120 million in 2022, with the CAGR of 10.2% during the period of 2023 to 2029.

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BGM and CGM Market
Blood glucose monitoring is the use of a glucose meter for testing the concentration of glucose in the blood. Particularly important in diabetes management, a blood glucose test is typically performed by piercing the skin (typically, on the finger) to draw blood, then applying the blood to a chemically active disposable 'test-strip'. The test is usually referred to as capillary blood glucose.
Continuous glucose monitoring automatically tracks blood glucose levels, also called blood sugar, throughout the day and night. You can see your glucose level anytime at a glance. You can also review how your glucose changes over a few hours or days to see trends. Seeing glucose levels in real time can help you make informed decisions throughout the day about how to balance your food, physical activity, and medicines.
BGM provides a glucose value for the specific point in time when a blood drop is read, whereas CGM gives you a more complete picture of where your glucose is going, and where your glucose has been
Global key players of BGM and CGM include Roche, Lifescan and Abbott, etc. The top two players hold a share over 50%. Americas is the largest market, has a share about 45%. In terms of product type, CGM is the largest segment, occupied for a share of about 55%, and in terms of application, Household has a share about 80 percent.

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Segment by Type
• BGM
• CGM

Segment by Application
• Household
• Hospital
• Other

By Company
Abbott, Dexcom, Roche, Lifescan, Ascensia, Medtronic, ARKRAY, Sinocare, I-SENS, Terumo, B. Braun, Acon, Yicheng, Omron, SD Biosensor, 77 Elektronika, Yuwell, Osang Healthcare, AgaMatrix, Senseonics Holdings

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