Continuous Glucose Monitoring Device Market expected to reach USD 10.15 Billion by 2034, growing at a CAGR of 7.0%

The Continuous Glucose Monitoring Device Market Is Expected To Gain Market Growth During The Forecast Period Of 2025-2034. Polaris Market Research Analyses The Market To Account For USD 10.15 Billion By 2034 And Is Expected To Register A CAGR Of 7.0% In The Above-Mentioned Forecast Period. The Market Was Valued At USD 5.17 Billion In 2024.

Market Overview
A continuous glucose monitor (CGM) approximates what the glucose level is periodically and keeps track of it over time. The glucose sensor technology has three parts namely a minute sensor that can be thrust under the skin, frequently the skin on the belly or arm with a sticky patch that assists it there to stay. Another kind is implantable sensor may be positioned within the body. It approximates the glucose level in the fluid amidst the cells that are homogenous to glucose levels in the blood.

The third part is a transmitter that transfers the information without utilizing wires. It is a software program that is reserved on the smartphone, insulin pump or a segregation device known as a receiver. A CGM is required if one needs insulin to handle type 1 diabetes, type 2 diabetes, and other forms of diabetes.

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Competitive Landscape
Prominent contenders have adopted product development, association and consensus as critical developmental strategies to enhance the product portfolio of the market. Market leaders are given as follows:

• A. Menarini Diagnostics S.r.l.
• Abbott Laboratories
• Ascensia Diabetes Care Holdings AG
• B. Braun Melsungen AG
• DexCom, Inc.
• Echo Therapeutics, Inc.
• F. Hoffmann-La Roche Ltd.
• GlySens Incorporated
• LifeScan IP Holdings, LLC
• Medtronic plc
• Nemaura Medical Inc.
• Senseonics Holdings, Inc.

Continuous Glucose Monitoring Device Market Report Highlights:
• By component type, the sensors segment dominates the continuous glucose monitoring device market share due to frequent sensor replacements and continuous advancements in sensor accuracy and wear duration. The segment is also experiencing the highest growth, driven by increasing adoption of real-time glucose monitoring solutions.

• By connectivity, the Bluetooth segment dominates the market due to its widespread compatibility with smartphones and other smart devices, enabling seamless data transmission. However, the 4G connectivity segment is witnessing faster growth as it allows real-time remote monitoring, particularly benefiting telemedicine applications.

• The homecare diagnostics segment, by end use, holds the largest share, as CGM devices are increasingly preferred for self-monitoring and at-home diabetes management. The segment is also growing rapidly due to the rising demand for convenient, real-time glucose monitoring without frequent hospital visits.

• North America holds the largest share of the continuous glucose monitoring device market revenue due to the high prevalence of diabetes, strong reimbursement policies, and widespread adoption of advanced CGM technologies. Asia Pacific is the fastest-growing region, driven by increasing diabetes cases, expanding healthcare infrastructure, and rising awareness of CGM devices.

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Market Drivers
Growing Cases of Diabetes
The growing worldwide existence of diabetes notably pushes the demand for continuous glucose monitoring devices. As per the International Diabetes Federation, in 2021, roughly 537 million grown-ups aged 20 to 79 were impacted by diabetes globally, a figure estimated to surge to 643 million by 2030. This rise underscores the crucial requirement for continuous glucose-tracking solutions to handle and reduce diabetes-connected health intricacies, pushing the continuous glucose monitoring device market expansion.

Technological Advancements in Continuous Glucose Monitoring Technology
Advancements in continuous glucose monitoring technology have improved device preciseness, user ease, and integration potential, thus pushing market growth. Modern device provides real-time data transference to smartphones and other digital platforms, easing enterprising diabetes management.

Market Segmentation
The continuous glucose monitoring device market segmentation is based on component type, connectivity, end use, and region.
Based on component type, the sensors segment holds the largest market share. This dominance is credited to technological progressions that have caused the advancement of minute, more precise, and enduring sensors.
Based on connectivity, the Bluetooth segment dominates the market owing to its extensive similarity and accessible nature.

Global Continuous Glucose Monitoring Device Market, by Component Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Continuous Glucose Monitoring Device
Market, by Component Type, 2020-2034 (USD Billion)
5.3. Transmitters & Receivers
5.3.1. Global Continuous Glucose Monitoring Device Market, by Transmitters & Receivers, by Region, 2020-2034 (USD Billion)
5.4. Sensors
5.4.1. Global Continuous Glucose Monitoring Device Market, by Sensors, by Region, 2020-2034 (USD Billion)
5.5. Insulin Pumps
5.5.1. Global Continuous Glucose Monitoring Device Market, by Insulin Pumps, by Region, 2020-2034 (USD Billion)

Global Continuous Glucose Monitoring Device Market, by Connectivity
6.1. Key Findings
6.2. Introduction
6.2.1. Global Continuous Glucose Monitoring Device Market, by Connectivity, 2020-2034 (USD Billion)
6.3. Bluetooth
6.3.1. Global Continuous Glucose Monitoring Device Market, by Bluetooth, by Region, 2020-2034 (USD Billion)
6.4. 4G
6.4.1. Global Continuous Glucose Monitoring Device Market, by 4G, by Region, 2020-2034 (USD Billion)

Global Continuous Glucose Monitoring Device Market, by End-Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Continuous Glucose Monitoring Device Market, by End-Use, 2020-2034 (USD Billion)
7.3. Hospitals
7.3.1. Global Continuous Glucose Monitoring Device Market, by Hospitals, by Region, 2020-2034 (USD Billion)
7.4. Homecare Diagnostics
7.4.1. Global Continuous Glucose Monitoring Device Market, by Homecare Diagnostics, by Region, 2020-2034 (USD Billion)
7.5. Others
7.5.1. Global Continuous Glucose Monitoring Device Market, by Others, by Region, 2020-2034 (USD Billion)

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Geographical Insights

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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