Geographically, mobile continuous glucose monitoring systems market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). Geographically North America and Europe are expected to be the leading markets for mobile continuous glucose monitoring systems. Several companies have established distribution network in the U.S. and Europe which is expected to boost the growth of mobile continuous glucose monitoring systems market. Also the Medicare provides coverage for several mobile continuous glucose systems in the U.S. which in turn is expected to increase adoption rate of the continuous mobile monitoring systems. Asia Pacific is expected to be next promising market for the mobile continuous glucose monitoring systems due to high diabetic population and increasing per capita healthcare spending.
China and India are some of the leading countries in prevalence rate of diabetes also companies gain operational leverage due to low labor and raw materials cost in these countries which is expected to significantly boost the mobile continuous glucose monitoring systems market in this region. Latin America is expected to be next key market after APAC due to due to increasing adoption rate of the mobile continuous glucose monitoring systems mainly due to strong promotional and distribution strategies of the manufacturers. MEA region is expected to follow up after Latin America due to increasing standards in healthcare and rising incidence of diabetes.
Some key players in the mobile continuous glucose monitoring systems market are Dexcom, Inc., Insulet Corporation, Abbott Laboratories Limited, Panasonic Healthcare Corporation, Echo Therapeutics, Inc., Medtronic, LifeScan, Inc. Roche Diagnostics, Tandem Diabetes Care, Inc. and GlySens Incorporated.
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