Best Continuous Glucose Monitoring (CGM) Devices Market for Accurate Sugar Tracking By 2031 | Most Leading Companies - Abbott Laboratories, Medtronic Plc, Medtrum Technologies Inc

The Global Continuous Glucose Monitoring (CGM) Devices Market at a Significant CAGR during the forecast period (2024-2031)

Continuous Glucose Monitoring Devices Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.

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Market Overview:

Continuous Glucose Monitoring (CGM) devices are medical systems designed to continuously track glucose (sugar) levels in real time throughout the day and night. Unlike traditional fingerstick methods, CGM devices use a small sensor inserted under the skin that measures interstitial glucose levels and sends data to a display device or smartphone app, allowing for better glucose management and timely interventions.

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

Abbott Laboratories, Medtronic Plc, Medtrum Technologies Inc, Biolinq Incorporated, Dexcom, Inc., A. Menarini Diagnostics S.r.l.,Ypsomed AG, Senseonics Holdings, Inc, Nemaura, LifeScan IP Holdings, LLC

Continuous Glucose Monitoring Devices Market Development:

For example, on February 8, 2023, DarioHealth Corp, a prominent player in the global digital therapeutics (DTx) market, partnered with Dexcom, a global leader in real-time continuous glucose monitoring (CGM) technology. The partnership aimed to integrate Dexcom's advanced CGM devices into Dario's multi-chronic condition platform. Dexcom's CGM system uses a small, wearable sensor that continuously tracks glucose levels and transmits data to a receiver or smart device, empowering individuals with diabetes to make real-time health decisions. This collaboration allows seamless integration of CGM data into Dario's metabolic solution, offering users enhanced access to personalized support.

Furthermore, on September 5, 2023, Abbott announced a definitive agreement to acquire Bigfoot Biomedical, a leader in smart insulin management systems for diabetes care. Bigfoot's flagship product, Bigfoot Unity, is the first and only FDA-cleared connected insulin pen cap system that combines integrated continuous glucose monitoring (iCGM) data with healthcare provider instructions to offer insulin dosing recommendations. These developments significantly contribute to the growth of the regional market.

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Segment Covered in the Continuous Glucose Monitoring Devices Market:

By Components: Sensors, Transmitters, Receivers/Displays, Insulin Pumps Integration, Others

By Application: Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes

By End User: Hospitals & Clinics, Homecare Settings, Diagnostic Centers, Others

Regional Analysis for Continuous Glucose Monitoring Devices 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)

Frequently asked questions:

➠ What are the global sales, production, consumption, import, and export figures for the Continuous Glucose Monitoring Devices market?

➠ Who are the key global manufacturers, and how are they performing operationally?

➠ What opportunities and risks do vendors face in the Continuous Glucose Monitoring Devices market?

➠ Which product types or end-users show the most growth potential, and what are their market shares?

➠ What factors are driving or limiting growth in the Continuous Glucose Monitoring Devices market?

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