Continuous Glucose Monitoring Device Market Valued at USD 54,735.48 million by 2032, Growing at an Impressive 21.8% Compound Annual Growth Rate

𝐀𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐆𝐥𝐮𝐜𝐨𝐬𝐞 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐃𝐞𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟗𝟐𝟕𝟕.𝟏𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟓𝟒,𝟕𝟑𝟓.𝟒𝟖 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟐𝟏.𝟖% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝.

Continuous glucose monitoring refers to the use of a device to assess the blood sugar level throughout day and night automatically. It allows the individual to check the blood sugar level at any given time. Also, continuous glucose monitoring can help review how the blood sugar has changed over a few hours or days to spot trends. A continuous glucose monitoring device consists of three main parts.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐆𝐞𝐭 𝐀 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/continuous-glucose-monitoring-market/request-for-sample

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐟 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐆𝐥𝐮𝐜𝐨𝐬𝐞 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐃𝐞𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• A. Menarini Diagnostics
• Echo Therapeutics Inc.
• Abbott Laboratories
• Bayer AG
• Dexcom Inc.
• F. Hoffmann-La Roche Ltd.
• GE Healthcare
• Glycens
• GlySens Incorporated
• Insulet Corporation
• Johnson & Johnson
• LifeScan
• Medtronic plc
• Medtrum Technologies Inc.
• Microchip Technology Inc.
• Micron Technology Inc.
• Nemaura Medical Inc.
• Novo Nordisk
• NXP Semiconductors
• Qualcomm

These include a tiny sensor, a transmitter, and software. The sensor, which can be inserted beneath the skin, estimates the glucose level in the fluid between the cells. Many CGM devices make use of a sticky patch to help the sensor stay in its position. The transmitter is responsible for sending the recorded data to a software program that may be located on a smartphone or an insulin device.

𝐆𝐞𝐭 𝐀𝐡𝐞𝐚𝐝 𝐰𝐢𝐭𝐡 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
https://www.polarismarketresearch.com/buy/391/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

• The continuous glucose monitoring device market is primarily segmented based on component type, end-use, and region.

• By component type, the sensor segment is anticipated to witness significant growth, driven by technological advancements.

• By end-use, the homecare diagnostics segment is projected to dominate the market owing to increased awareness, convenience, and ease of use.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Continuous improvements in sensor accuracy, miniaturization of devices, and enhanced connectivity features have propelled the growth of the CGM market.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐢𝐚𝐛𝐞𝐭𝐞𝐬 𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞: The global rise in diabetes cases, both type 1 and type 2, has created a substantial demand for CGM devices as they offer better glycemic control and help in reducing the risk of diabetes-related complications.

𝐒𝐡𝐢𝐟𝐭 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐍𝐨𝐧-𝐈𝐧𝐯𝐚𝐬𝐢𝐯𝐞 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠: The growing preference for non-invasive or minimally invasive glucose monitoring solutions has spurred the development of CGM devices that require minimal or no calibration and offer hassle-free glucose monitoring.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐖𝐞𝐚𝐫𝐚𝐛𝐥𝐞 𝐇𝐞𝐚𝐥𝐭𝐡 𝐓𝐞𝐜𝐡:The growing trend of wearable health technology and the integration of CGM devices with smartphones and other smart devices have increased their accessibility and usability among diabetic patients.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬:
https://www.polarismarketresearch.com/industry-analysis/continuous-glucose-monitoring-market

𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐆𝐥𝐮𝐜𝐨𝐬𝐞 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐃𝐞𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The sensor segment is anticipated to witness significant growth during the forecast period as technological advancements and the short lifespan of sensors are driving growth.

• Homecare diagnostics, the largest segment, is expected to maintain dominance due to awareness, convenience, rising income, and COVID-19 concerns in hospitals.

• North America is set to dominate the continuous glucose monitoring device market due to a high prevalence of diabetes and supportive factors.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐁𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 𝐓𝐲𝐩𝐞
• Transmitters & Receivers
• Sensors
• Insulin Pumps

𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞
• Hospitals
• Homecare Diagnostics
• Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐌𝐮𝐥𝐭𝐢𝐩𝐚𝐫𝐚𝐦𝐞𝐭𝐞𝐫 𝐏𝐚𝐭𝐢𝐞𝐧𝐭 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/multiparameter-patient-monitoring-market

𝐑𝐞𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐯𝐞 𝐌𝐞𝐝𝐢𝐜𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/regenerative-medicine-market

𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐛𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/medical-disposable-market

𝐒𝐥𝐞𝐞𝐩 𝐃𝐢𝐬𝐨𝐫𝐝𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/sleep-disorder-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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