Press release
Continuous Glucose Monitoring Systems Market Size Poised for USD 31.70 billion Milestone by 2031 At a CAGR of 17%
Continuous Glucose Monitoring Systems Market 2025
Continuous Glucose Monitoring (CGM) Systems are medical devices that are used to monitor glucose levels in people with diabetes. CGM systems consist of a small sensor that is inserted under the skin, usually on the abdomen or upper arm and a transmitter that sends glucose readings wirelessly to a receiver or a smartphone app. The sensor measures glucose levels in the interstitial fluid, which is the fluid that surrounds cells in the body. The transmitter sends this information to the receiver or app, which displays the glucose levels in real time. Some CGM systems also provide alerts when glucose levels are too high or too low.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/1795
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐จ๐ฎ๐ฌ ๐ ๐ฅ๐ฎ๐๐จ๐ฌ๐ ๐ฆ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ (๐๐๐) ๐ฆ๐๐ซ๐ค๐๐ญ?
The driving factors and opportunities for growth in the global continuous glucose monitoring (CGM) market include:
โข Rising incidence of diabetes: The increasing prevalence of diabetes worldwide is one of the major factors driving the growth of the CGM market. According to the International Diabetes Federation, the global prevalence of diabetes is expected to rise from 463 million in 2019 to 700 million by 2045.
โข Technological advancements: The development of advanced CGM systems, such as those with improved accuracy, longer sensor life, and better connectivity, is fueling the growth of the market.
โข Increasing adoption of CGM by healthcare professionals: As healthcare professionals become more aware of the benefits of CGM in diabetes management, the adoption of CGM is expected to increase.
โข Growing demand for minimally invasive glucose monitoring devices: CGM systems are minimally invasive and provide continuous glucose monitoring, which makes them more convenient for patients than traditional fingerstick glucose monitoring.
โข Expansion of reimbursement coverage: As more insurance companies and healthcare systems provide coverage for CGM systems, the adoption of these devices is expected to increase.
Overall, the global CGM market is expected to continue to grow in the coming years due to the increasing incidence of diabetes and the demand for advanced diabetes management solutions.
๐๐จ๐ฉ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐จ๐ฎ๐ฌ ๐๐ฅ๐ฎ๐๐จ๐ฌ๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข DexCom Inc.
โข Johnson & Johnson
โข Novo Nordisk A/S
โข F. Hoffman-La Roche Ltd
โข Abbott Laboratories
โข GlySens Incorporated
โข Medtronic plc
โข Ypsomed AG
โข Senseonics
โข Menarini Diagnostics S.R.L.
๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐จ๐ฎ๐ฌ ๐๐ฅ๐ฎ๐๐จ๐ฌ๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐จ๐ง๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ :
By Demography
โข Child Population
โข Adult Population
By End User
โข Home healthcare
โข Others
โข Hospital and Clinics
By Component
โข Transmitters and Receivers
โข Sensors
By region, North America garnered the highest share in 2021, contributing to nearly half of the global continuous glucose monitoring systems market revenue. This is attributed to the higher adoption of advanced CGMs, surge in the geriatric population suffering from diabetes, availability of well-developed healthcare infrastructure, and increase in the prevalence of type 2 diabetes across the world.
Asia-Pacific, simultaneously, would showcase the fastest CAGR of 17.9% from 2022 to 2031. High prevalence of the diabetic population in India, improvement in healthcare awareness, and rise in R&D activities for developing innovative CGM systems fuel the growth of the market.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/1795
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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