Continuous Glucose Monitoring Devices Market Share, Size, Dynamic Research, Expert Opinion and Forecasts Report 2017 - Credence Research
The latest market report published by Credence Research, Inc. “Continuous Glucose Monitoring Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025” the continuous glucose monitoring devices market was valued at US$ 1.3 bn in 2016, and is expected to show a lucrative growth in the forecast period, 2017-2025.Browse the full report Continuous Glucose Monitoring Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025 report at http://www.credenceresearch.com/report/continuous-glucose-monitoring-devices-market
Market Insights:
Diabetes is a condition of major global concern. As per the World Health Organization, 422 million people were affected with diabetes in the year 2014. In 2015, 1.6 million deaths were caused by diabetes. This prevalence is expected to increase further in the forecast period. Effective management and continuous monitoring of glucose levels thus becomes essential in order to provide timely patient-centric care and cope with the disease.
Continuous glucose monitoring (CGM) devices are latest advancement in diabetes monitoring devices. CGM devices consist of a sensor placed on the patient’s skin. The sensor measures glucose levels periodically in the interstitial fluid and provides a trend data which is captured via a transmitter to the receiver. This enables determining any fluctuation in the glucose levels thus rendering the required patient care unlike the traditional self-monitoring blood glucose (SMBG) devices wherein interim glucose fluctuations are difficult to monitor.
These newer devices are projected to show positive market growth in the forecast period 2017-2025. The catalysts that drive the CGM devices market are increasing diabetic population, rise in technological development such as addition of smart connectivity options enabling remote assistance from physicians, rising demand for patient specific treatment approaches, increased awareness of CGM devices amongst payers thus providing structured reimbursement policies and developing healthcare infrastructure.
North America accounts for major share in the continuous glucose monitoring devices market due to existence of developed healthcare infrastructure, favorable reimbursement policies, drive towards attaining a patient-centric healthcare approach and technological advancements in healthcare monitoring. The rising prevalence of diabetes in emerging economies such as India, China, Latin America and Middle East & Africa due to growing life expectancy will also fuel the CGM devices market. However, high pricing of these devices, uneasiness observed in patients using CGM devices, and insufficient existence of healthcare IT products and services may lead to sluggish growth of CGM devices market in the aforementioned geographies.
Market Competition Assessment:
The CGM devices market comprises of an extensive competitive pool. This market provides extensive opportunities for emerging key players with more advanced glucose monitoring devices. The emerging key players would face regulatory challenges while entering the CGM devices market owing to stringent government regulations and approval policies.
The current market leaders are DexCom with its CGM product G5 Mobile and Abbott Laboratories with its product FreeStyle Libre. The other existing and emerging key players in this market are Echo Therapeutics, Inc., Johnson & Johnson, GlySens Incorporated, Medtronic plc, Inc., F. Hoffmann-La Roche Ltd., Senseonics Holdings AgaMatrix, Inc., Glucovation, GlySure, Arkray USA, Inc., Pinnacle Technology, Tandem Diabetes Care, OrSense
Key Market Movements:
An increasing prevalence of diabetes and rise in demand for patient centric treatment has propelled the CGM devices market
The expertise for handling CGM devices, higher pricing and stringent regulatory approval process could hinder the growth of this market
To Get Complete Report @ http://www.credenceresearch.com/report/continuous-glucose-monitoring-devices-market
Browse All Reports of This Category :- http://www.credenceresearch.com/industry/medical-devices-market
Blog : http://www.mobilecomputingtoday.co.uk/7012/continuous-glucose-monitoring-devices-market-valued-1-3-2016-credence-research/
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Continuous Glucose Monitoring Devices Market Share, Size, Dynamic Research, Expert Opinion and Forecasts Report 2017 - Credence Research here
News-ID: 936155 • Views: …
More Releases from Credence Research Inc
ePrison Market is gaining huge growth |Market valued at US$ 1.81 Bn in 2018
The global ePrison market was valued at US$ 1.81 Bn in 2018 and is expected to expand at a CAGR of 6.2% during the forecast from 2019 to 2027.
Market Insight
ePrison solutions help administrators of correctional homes & prisons to get real-time access to information about staff and prison inmates, thereby helping to ensure discipline, safety, and gauge the needs of inmates. The use of these solutions is not only limited…
Cochlear Implants Market - Growth, Future Prospects & Competitive Analysis, 2018 …
Cochlear Implants– Global Market Size, Analysis, Share, Trends, Growth and Forecast to 2026 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Cochlear Implants: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures and…
Marine Internet Of Things (IoT) Market Growth, Future Prospects & Competitive An …
Marine Internet Of Things (IoT)– Global Market Size, Analysis, Share, Trends, Growth and Forecast to 2026 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Marine Internet Of Things (IoT): definitions, classifications, applications and market overview; product…
Laundry Care Market : Key Trends with Market size, Industry Share, Market player …
Credence Research lately added a new report titled "Laundry Care Market - Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast - 2018 to 2026" to its repository. This latest research study investigates the Laundry Care market through different segments primarily based on type, application and end-use, market participants, areas and presents country-level evaluation over the forecast period from 2018 to 2026.
Browse Here For Full Report with ToC:…
More Releases for CGM
Continuous Glucose Monitoring (CGM) Devices Market Higher convenience offered by …
The CGM displays a glucose trend graph and direction arrows allowing people with diabetes to anticipate approaching glucose highs and lows, thus alerting the wearer during distracted times like playing, sleeping or exercising. The CGM devices market is expected to gain a significant traction in Asia Pacific owing to the collaborations between endocrinologists, credentialed diabetes educators and stakeholder organizations for diabetes prevention.
In 2017, National Diabetes Services Scheme (NDSS) initiated by…
Global Continuous Glucose Monitoring Devices (CGM) Market
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Continuous Glucose Monitoring Device Market. The report analyzes the Global Continuous Glucose Monitoring Market by Component (Transmitter & receiver, sensor, Integrated Insulin Pump), By Demographics (Pediatric, Adult), By End user (Homecare, Hospital), By Region (North America, Europe, Asia Pacific, Rest of the world)…
Canada Insulin Pump & CGM Industry 2018
Canada Insulin Pump & CGM Industry
Although Canada insulin pump market is small but it has market potential to reach nearly CAD 1 Billion mark by the end of year 2024. Similarly CGM market is also small but if it gets reimbursement under Canadian government then it has market potential to surpass CAD 80 Million by 2024. The government of Canada has expanded its diabetes management policy along with diabetes technology which will…
Global CGM Market, Users, Reimbursement Policy, CGM Components (Glucose Sensor, …
To study the market for CGM market in a precise manner, Market Research Hub (MRH) has included a new research report. The report is titled “Global CGM Market, Users, Reimbursement Policy, CGM Components (Glucose Sensor, Transmitter) Market, Diabetes (Type1 & 2) Population, & Forecast”, which enlightens the readers about the market share as well as growth rate during the period 2017-2022. The research study estimates that the CGM market sector…
Global CGM Market, Users, Reimbursement Policy, CGM Components (Glucose Sensor, …
"The Report Global CGM Market, Users, Reimbursement Policy, CGM Components (Glucose Sensor, Transmitter) Market, Diabetes (Type1 & 2) Population, & Forecast provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
Global CGM market will be an US$ 4 Billion opportunity by 2024. This report provides the market data on, continuous glucose monitoring (CGM) systems market of 11 countries globally. In the report CGM…
Global CGM Market, Users, Reimbursement Policy, CGM Components (Glucose Sensor, …
Researchmoz added Most up-to-date research on "Global CGM Market, Users, Reimbursement Policy, CGM Components (Glucose Sensor, Transmitter) Market, Diabetes (Type1 & 2) Population, & Forecast" to its huge collection of research reports.
Global CGM market will be an US$ 4 Billion opportunity by 2024. This report provides the market data on, continuous glucose monitoring (CGM) systems market of 11 countries globally. In the report CGM market has been divided into 2…