Continuous Glucose Monitoring Market Growth, Segmentation, Developments During the Forecast Period 2024-2031 | Abbott Laboratories, Dexcom, Inc., A. Menarini Diagnostics s.r.l

Report on Global Continuous Glucose Monitoring by DataM Intelligence estimates the market to grow at a CAGR of 22% during the forecast period 2024-2031.

The Continuous Glucose Monitoring market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Continuous Glucose Monitoring (CGM) is a system that provides real-time tracking of glucose levels in individuals with diabetes. It involves a small sensor inserted under the skin, typically on the abdomen or arm, that measures glucose levels throughout the day and night. CGM systems alert users to changes in glucose levels, helping them manage their diabetes more effectively and avoid dangerous highs and lows. This technology offers valuable insights, enabling better decisions regarding insulin use, diet, and exercise.

Forecast Growth Projected:

The Global Continuous Glucose Monitoring Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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List of the Key Players in the Continuous Glucose Monitoring Market:

Abbott Laboratories, Dexcom, Inc., A. Menarini Diagnostics s.r.l, Echo Therapeutics, Inc., GlySens Incorporated, Johnson and Johnson, Medtronic Plc, Senseonics Holdings, Inc., F. Hoffmann-La Roche Ltd, Medtrum Technologies, Inc

Industry Development:

The adoption of Continuous Glucose Monitoring (CGM) devices is significantly hindered by the lack of adequate reimbursement. This issue stems from the devices being approved by the FDA as adjunctive therapy to standard home blood glucose monitors. In countries like the United States, even when reimbursement is available, it is limited to specific patient groups meeting strict criteria. This situation is particularly surprising given the growing body of clinical trial evidence supporting the benefits of CGM usage.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Continuous Glucose Monitoring Market:

By Component: Transmitter, Receiver, Sensor, Insulin pumps, Others

By End User: Diagnostics Centers, ICUs, Home Healthcare

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Continuous Glucose Monitoring Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Continuous Glucose Monitoring market?

➠ Who are the global key manufacturers of the Continuous Glucose Monitoring Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Continuous Glucose Monitoring market opportunities and threats faced by the vendors in the global Continuous Glucose Monitoring Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Continuous Glucose Monitoring market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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