• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Etched Nanopillars Kill Bacteria, Fungi on Titanium Implants

      Etched Nanopillars Kill Bacteria, Fungi on Titanium Implants

      Cells Release Insulin in Response to Music

      Cells Release Insulin in Response to Music

      Microneedle Skin Patch Measures Cancer Biomarkers

      Microneedle Skin Patch Measures Cancer Biomarkers

      Enzyme Treatment Strips Mucins from Cancer Cells

      Enzyme Treatment Strips Mucins from Cancer Cells

    • Radiology
      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Wearable Ultrasound for Deep Tissue Monitoring

      Wearable Ultrasound for Deep Tissue Monitoring

    • Cardiology
      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      3D Printed Heart Muscle Beats

      3D Printed Heart Muscle Beats

      Wireless Patch Monitors, Paces Heart and then Biodegrades

      Wireless Patch Monitors, Paces Heart and then Biodegrades

      Photonic Radar Monitors Breathing from a Distance

      Photonic Radar Monitors Breathing from a Distance

    • Surgery
      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Highly Precise Pressure Sensor for Laparoscopic or Robotic Surgical Tools

      Highly Precise Pressure Sensor for Laparoscopic or Robotic Surgical Tools

      Magnetic Tentacle Robots for Minimally Invasive Procedures

      Magnetic Tentacle Robots for Minimally Invasive Procedures

      Artificial Muscle Changes Stiffness with Voltage

      Artificial Muscle Changes Stiffness with Voltage

    • Nanomedicine
      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Brain Computer Interface Decodes Speech and Facial Expressions

      Brain Computer Interface Decodes Speech and Facial Expressions

      Semi-Automated Manufacture of E-Skin Sensors

      Semi-Automated Manufacture of E-Skin Sensors

      Above Elbow Amputee Controls Individual Bionic Fingers

      Above Elbow Amputee Controls Individual Bionic Fingers

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Latin America Continuous Glucose Monitoring Device Market Size 2018 – Latest Industry Growth, New Research & Innovations, Sales Revenue, Business Overview and Leading Manufacturers with Highest CAGR of 15.9% by 2026

September 27th, 2019 Coherent Market Insights Releases

According to Coherent Market Insights, Latin America continuous glucose monitoring device market was valued at US$ 110.0 million in 2017 and is projected to exhibit a CAGR of 15.9% during the forecast period (2018 – 2026).

Key Trends and Analysis of Latin America Continuous Glucose Monitoring Device Market:

The continuous glucose monitoring (CGM) device is expected to gain significant traction due to its efficient diabetes monitoring and management for people on intensive insulin therapy. Moreover, product clearance from the regulatory agencies such as Brazilian Health Regulatory Agency (ANVISA). For instance, in May 2016, CNOGA Medical Ltd. received marketing approval from Brazilian National Health Surveillance Agency (ANVISA) to market its continuous glucose monitoring device, TensorTip COG (non-invasive combo glucometer devices), in the Brazil market. The device uses a real-time color image sensor and unique algorithms to accurately measure glucose levels from the patient’s fingertip blood capillaries without pricking the skin.

Moreover, convenience offered by continuous glucose monitoring devices such as display of glucose trend graph and direction arrows that allow diabetic patients to anticipate approaching glucose highs and lows regularly throughout the day, may increase the demand for these devices, which in turn is expected to drive the market growth. Moreover, technological advancements in continuous glucose monitoring components such as use of sensor with long life expectancy in continuous glucose monitoring devices that eliminates the repetitive replacement of sensors is expected to generate remarkable revenue in the market over the forecast period.

Request Sample Copy of this Report

Among country, Brazil is expected to grow at a faster pace and account for the largest market share in Latin America continuous glucose monitoring device market, owing to product launches in this country. For instance, in February 2019, Abbott launched its continuous glucose monitoring system, FreeStyle LibreLink.

Furthermore, increasing prevalence of diabetes and presence of major market players such as Medtronic Plc, Dexcom, and Abbott offering continuous glucose monitoring devices are expected to result in increasing demand for continuous glucose monitoring devices, which in turn is expected to fuel growth of the market. For instance, according to International Diabetes Federation, in 2018, around 1,757,500 cases of diabetes were diagnosed in Argentina, which represented 6.2% prevalence rate.

In addition, increasing healthcare expenditure for treatment of diabetes by Latin American countries is expected to drive growth of the Latin America continuous glucose monitoring device market. For instance, in 2017, South and Central America (SACA) region spent US$ 33 billion on healthcare for the treatment of people with diabetes, representing 4% of the total global healthcare expenditure on diabetes.

To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/latin-america-continuous-glucose-monitoring-cgm-device-market-2993

Key Market Takeaways:

  • Latin America continuous glucose monitoring device market is projected to witness CAGR of 15.9% during the forecast period (2018 – 2026), owing to development of technologically advanced products, which provide convenience and benefits for measuring glucose level regularly in diabetic patients
  • Among product type, sensors segment is expected to witness significant growth over the forecast period, as the currently available sensors in the market need to be replaced in every 10 to 14 days, which creates high demand for sensors in this market

Major players operating in Latin America continuous glucose monitoring device market include Medtronic Plc, Abbott, F. Hoffmann-La Roche AG, Johnson & Johnson, Senseonics Inc, Dexcom, Inc., Insulet Corporation, and Tandem Diabetes Care, Inc.

Detailed Segmentation:

  • Latin America Continuous Glucose Monitoring Device Market , By Component:
    • Transmitters
    • Receivers
    • Insulin Pumps
    • Sensors
  • Latin America Continuous Glucose Monitoring Device Market , By Distribution Channel:
    • Hospitals & Clinics
    • Retail Channel
    • Online Channel
  • Latin America Continuous Glucose Monitoring Device Market , By Country:
    • Mexico
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Argentina
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Uruguay
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Brazil
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Colombia
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Chile
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Peru
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
    • Rest of Latin America
      • By Components
        • Transmitters
        • Receivers
        • Insulin Pumps
        • Sensors
      • By Distribution Channels:
        • Hospitals & Clinics
        • Retail Channel
        • Online Channel
  • Company Profiles
      • Medtronic Plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Abbott
      • F. Hoffmann-La Roche AG.
      • Johnson & Johnson
      • Senseonics, Inc
      • Dexcom, Inc.
      • Insulet Corporation
      • Tandem Diabetes Care, Inc

Browse Press Release: https://www.coherentmarketinsights.com/press-release/latin-america-continuous-glucose-monitoring-device-market-to-surpass-us-4113-million-by-2026-2457

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

Sign up and submit a press release

Sponsored

Viral Vector Manufacturing in Gene Therapy and Vaccine Development

Health and Clean Air: Why Indoor Ventilation Matters

Health and Clean Air: Why Indoor Ventilation Matters

New Survey Finds Strong Consumer Preference for More Natural Hernia Repair Options

MedTech Outlook 2023 for Latin America Released

MedTech Outlook 2023 for Latin America Released

Packaging Compliance Labs (PCL) Celebrates Site Expansion in Grand Rapids, MI

interviews & reviews
UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

AI-Powered Pain Relief: Interview with Claire Smith, VP at Nevro

AI-Powered Pain Relief: Interview with Claire Smith, VP at Nevro

MISHA Knee Shock Absorber: Interview with Anton Clifford, CEO of Moximed

MISHA Knee Shock Absorber: Interview with Anton Clifford, CEO of Moximed

Shelf-Stable Breast Milk Powder: Interview with Dr. Vansh Langer, CEO at BBy

Shelf-Stable Breast Milk Powder: Interview with Dr. Vansh Langer, CEO at BBy

"We Are Electric" by Sally Adee: Medgadget Interviews the Author

"We Are Electric" by Sally Adee: Medgadget Interviews the Author

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email