Continuous Glucose Monitoring System Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2028

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Rising prevalence of diabetes and increasing demand for continuous glucose monitoring systems for better diabetes management are key factors driving market revenue growth Market Size – USD 4.31 Billion in 2020, Market Growth – at a CAGR of 19.6%, Market Trends

The Global Continuous Glucose Monitoring System Market research study published by Emergen Research is an extensive collection of insightful information about the Continuous Glucose Monitoring System industry. The report covers the Continuous Glucose Monitoring System Market segmentation along with a detailed outline of the Continuous Glucose Monitoring System market size with regards to volume and valuation. The report provides comprehensive coverage of the Continuous Glucose Monitoring System market scenario for the current period and forecast timeline of 2020-2027. The Continuous Glucose Monitoring System market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

The global continuous glucose monitoring system market size reached USD 4.31 billion in 2020 and is expected to register a revenue CAGR of 19.6% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of diabetes and increasing demand for continuous glucose monitoring systems for better diabetes management are expected to support market revenue growth between 2021 and 2028. Besides, increasing usage of continuous glucose monitoring systems during clinical studies will continue to boost revenue growth of the market. According to the National Center for Biotechnology Information, continuous glucose monitoring systems outperform Self-Monitoring Blood Glucose (SMBG) systems in clinical studies including gestational diabetes mellitus. Additionally, development of more technologically advanced systemsto control diabetes will boost product acceptance going ahead. These are some major factors driving growth of the global continuous glucose monitoring system market revenue.

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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Continuous Glucose Monitoring System market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Continuous Glucose Monitoring System market landscape.

The Continuous Glucose Monitoring System research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

The key companies studied in the report are:

Medtronic plc, F. Hoffmann-La Roche Ltd., Abbott Laboratories, Johnson Johnson Services, Inc., Dexcom, Inc., Echo Therapeutics, Inc., Senseonics Holdings, Inc., A. Menarini Diagnostics Ltd., GlySens Incorporated, and Ypsomed Holding AG

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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

  • Component Outlook (Revenue, USD Billion; 2018–2028)

    • Integrated Insulin Pumps
    • Transmitters Receivers
    • Sensors
  • Demographics Outlook (Revenue, USD Billion; 2018–2028)

    • Child (≤14 years)
    • Adult (14 years)
  • End-use Outlook (Revenue, USD Billion; 2018–2028)

    • Hospitals
    • Clinics
    • Home Healthcare
    • Others

The report addresses the following key points:

  • The report estimates the expected market size from 2020-2027
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Continuous Glucose Monitoring System market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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