Continuous Glucose Monitoring Market 2021: Leading Countries, Market Size, Challenges, Five Forces Analysis, Trends, Drivers, Forecast to 2024

 Continuous Glucose Monitoring

The report focuses on the favorable Global “ Continuous Glucose Monitoring market” and its expanding nature. The Continuous Glucose Monitoring market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • – The an countries are suffering from the burden of high diabetes expenditure. According to the IDF, the overall diabetes expenditure in among the population aged 20-79 year was USD 156 billion, and it is expected to increase to USD 174 billion by 2040.
  • – According to another statistics of IDF, every year 21,600 children are added to type-1 diabetic population pool. These figures indicate that approximately 9% of the total healthcare expenditure is spend on diabetes in .
  • – Patients relying on insulin pumps or multiple daily injections (MDI) therapy, the CGMs prove to be an effective tool, which help in the improvement of glycemic balance without aggregating the danger of severe hypoglycemia.

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    Key Manufacturers

  • Abbott Diabetes Care
  • Dexcom
  • Medtronics
  • Senseonics

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Continuous Glucose Monitoring market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Continuous Glucose Monitoring market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Continuous Glucose Monitoring market have also been involved in the study.

    Scope of the Report:

  • The continuous glucose monitoring market is segmented by component (sensors and receivers) and geography.

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    TOC of Continuous Glucose Monitoring Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Continuous Glucose Monitoring market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Continuous Glucose Monitoring Market Report Covered:

    • The report analyses how Continuous Glucose Monitoring market will grow in the future.
    • Analyzing various perspectives of the Continuous Glucose Monitoring market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Continuous Glucose Monitoring market shares and policies employed by the major market players.
    • Competitive landscape including the Continuous Glucose Monitoring market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Continuous Glucose Monitoring market players

    Key Market Trends:

    CGMs Prove to be an Instrumental Tool, which Helps in the Improvement of Glycemic Balance

    – CGMs are used to deliver a further descriptive picture of blood glucose patterns and trends than what can be achieved by traditional routine checking of glucose levels at set intervals.
    – The current CGM devices can either retrospectively display the trends in the levels of blood glucose by downloading the data or give a real-time picture of glucose levels through receiver displays.
    – Most of the real-time CGMs can offer an alert to patients, parents, or caregivers during actual or pending glycemic visits, to facilitate timely management of blood glucose.
    – This factor, along with the fact that CGM devices are becoming cheaper with the advent of new technologies, like cell phone integration, the CGM market is expected to witness steady growth during the forecast period.

    Germany is Expected to Maintain Dominance in the Continuous Glucose Monitoring Market

    – In the an continuous glucose monitoring market, Germany accounted for approximately 25% of the market value in 2018. By 2024, the continuous glucose monitoring market in is expected to be valued at USD 750 million. Spain accounts for the highest CAGR of 22%.
    – It is imperative that the CGM devices are used alongside insulin pumps. It is observed that there may be a potential increase in diabetes population, which can be directly related to a higher number of diabetic patients using insulin pumps for diabetes management. Thus, the number of units of CGM devices sold is also expected to rise.

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    Study objectives of Continuous Glucose Monitoring Market Report:

    • To provide a detailed analysis of the market structure along with the Continuous Glucose Monitoring market forecast of various segments and sub-segments of the Continuous Glucose Monitoring market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Continuous Glucose Monitoring market trends that influence the global Continuous Glucose Monitoring market

    Detailed TOC of Continuous Glucose Monitoring Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Continuous Blood Glucose Monitoring
    5.1.1 By Component (Value and Volume, 2012-2024)
    5.1.1.1 Sensors
    5.1.1.2 Receivers
    5.2 By Geography
    5.2.1
    5.2.1.1 (Value and Volume, 2012-2024)
    5.2.1.1.1 By Component (Sensors and Receivers)
    5.2.1.2 Germany (Value and Volume, 2012-2024)
    5.2.1.2.1 By Component (Sensors and Receivers)
    5.2.1.3 Italy (Value and Volume, 2012-2024)
    5.2.1.3.1 By Component (Sensors and Receivers)
    5.2.1.4 Spain (Value and Volume, 2012-2024)
    5.2.1.4.1 By Component (Sensors and Receivers)
    5.2.1.5 Russia (Value and Volume, 2012-2024)
    5.2.1.5.1 By Component (Sensors and Receivers)
    5.2.1.6 United Kingdom (Value and Volume, 2012-2024)
    5.2.1.6.1 By Component (Sensors and Receivers)
    5.2.1.7 Rest of (Value and Volume, 2012-2024)
    5.2.1.7.1 By Component (Sensors and Receivers)

    6 MARKET INDICATORS
    6.1 Type-1 Diabetes Population (2012-2024)
    6.2 Type-2 Diabetes Population (2012-2024)

    7 COMPETITIVE LANDSCAPE
    7.1 COMPANY PROFILES
    7.1.1 Abbott Diabetes Care
    7.1.2 Dexcom
    7.1.3 Medtronics
    7.1.4 Senseonics
    7.2 COMPANY SHARE ANALYSIS
    7.2.1 Abbott Diabetes Care
    7.2.2 Dexcom
    7.2.3 Medtronics
    7.2.4 Other Companies

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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