Continuous Glucose Monitoring System Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2029

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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 – Increasing usage

The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Continuous Glucose Monitoring System market drivers and restraints market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Continuous Glucose Monitoring System market drivers and restraints market.

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 studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Key companies operating in the Continuous Glucose Monitoring System market include:

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

Based on the product type, the Continuous Glucose Monitoring System market is segmented into:

  • 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

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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • Italy
    • Germany
    • France
    • Rest of EU
  • Asia Pacific
    • India
    • Japan
    • China
    • South Korea
    • Australia
    • Rest of APAC
  • Latin America
    • Chile
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

Key Questions Addressed in the Report:

  • Who are the leading players in the Continuous Glucose Monitoring System industry?
  • Which region is expected to dominate the market in the coming years?
  • What are the key applications of Continuous Glucose Monitoring System?
  • Which segment is expected to garner traction during the coming years?
  • What are the key strategies adopted by leading players in the market?

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