InsightAce Analytic Pvt. Ltd. features the release of the market research report on “Global Continuous Glucose Monitoring (CGM) Sensors Market Assessment – Industry Analysis, Competitive Analysis, COVID 19 Impact Analysis, and Revenue & Volume Forecast Till 2028”
According to the latest research by InsightAce Analytic, the global continuous Glucose Monitoring (CGM) Sensors Market was valued at US$ 2,786.4 Mn in 2019 and it is expected to reach US$ 11,747.4 million by 2028, at a CAGR of 17.9% during the forecast period.
Continuous Glucose Monitoring (CGM) is a device that offers real-time glucose readings and updates on the blood glucose level in real-time. A CGM system consists of three parts including a glucose sensor, a transmitter, and a small receiver that displays the glucose information. Continuous glucose monitoring (CGM) is considered as one of the significant technological advancements in the field of diabetes management.
The Global Continuous Glucose Monitoring Sensor Market is expected to witness significant demand owing to the growing geriatric population, increasing diabetes incidence including Type 1 and Type 2 diabetes, and rising healthcare spending. Furthermore, growing consumer inclination towards invasive and an easy effective approach in diabetes management and innovations in continuous glucose monitoring are some other significant drivers that are projected to drive the market.
As per the National Diabetes Statistics Report 2020, in the U.S., approximately 1.6 million people are diagnosed with Type 1. These patients require continuous monitoring of blood glucose levels and must have insulin delivered by injection or a pump to survive.
In November 2020, Abbott introduced a continuous blood glucose monitoring system FreeStyle Libre in India. The FreeStyle Libre sensor measures glucose every minute in interstitial fluid through a small (5.5mm long) filament that is inserted just under the skin and held in place with a small adhesive pad. It provides a real-time glucose reading on-demand and a complete picture of a person’s glucose levels.
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This report highlights an exhaustive list of companies involved in the market and gives details of their products, financials, operations, and business strategy. Key players operating in the Continuous Glucose Monitoring (CGM) Sensors Market include Medtronics, Dexcom, Senseonics, WaveForm Technologies, Inc., Abbott Diabetes Care Inc, Arkal Medical, Inc., Ascensia Diabetes Care Holdings AG, Biorasis Inc, Debiotech SA, DirectSens GmbH, Echo Therapeutics Inc, EyeSense GmbH, Flowsion A/S, GlucoSet AS, Glucovation Inc, Glusense Ltd, GlySens Inc, iGlyko, Inc., Indigo Diabetes NV, Insulet Corp, Integrated Medical Sensors, Integrity Applications Ltd, I-Sens Inc, Metronom Health Inc, Nemaura Medical Inc, PKvitality, Prediktor Medical AS, Profusa Inc, San Meditech (Huzhou) Co., Ltd., Senzime AB, Socrates Health Solutions, Inc., and other prominent players.
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Market Segments Featured in the Report
Global Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Products
- Non-invasive Sensing
- Minimally Invasive Sensing
Global Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Sensing Technology
- Enzyme Electrode
- Optical Fluorescence
- Others
Global Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By End-Users
- Hospitals and Homecare
- Specialty Clinics
- Ambulatory Settings
- Others
Global Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Patient Population
- Children and Teenagers
- Adults
Global Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Sensor Sites
- Abdomen
- Upper Arm (implanted)
- Back of Upper Arm
- Other (Abdomen and Buttocks)
Global Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Region
North America Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Country
- U.S.
- Canada
Europe Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Country
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Country
- India
- China
- Japan
- South Korea
- Australia & New Zealand
Latin America Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Country
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa Continuous Glucose Monitoring (CGM) Sensors Market Outlook (Value (US$ Mn) and Volume (No. of Units) 2020 – 2028), By Country
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Competitive Landscape
- Company Overview
- Financial Performance
- Key Development
- Latest Strategic Developments
Key Topic Covered in Table of Content:
- Chapter 1: Report Overview
- Chapter 2: Executive Summary
- Chapter 3: Global Market Growth Trends
- Chapter 4: Global Continuous Glucose Monitoring (CGM) Sensors Market Scope and Snapshot
- Chapter 5: Global Continuous Glucose Monitoring (CGM) Sensors Market Segment by Types
- Chapter 6: Global Continuous Glucose Monitoring (CGM) Sensors Market Segment by Applications
- Chapter 7: Global Continuous Glucose Monitoring (CGM) Sensors Market Analysis by Regions
- Chapter 8: North America Continuous Glucose Monitoring (CGM) Sensors Market Analysis by Countries
- Chapter 9: Europe Continuous Glucose Monitoring (CGM) Sensors Market Analysis by Countries
- Chapter 10: Asia-Pacific Continuous Glucose Monitoring (CGM) Sensors Market Analysis by Countries
- Chapter 11: Middle East and Africa Continuous Glucose Monitoring (CGM) Sensors Market Analysis by Countries
- Chapter 12: Latin America Continuous Glucose Monitoring (CGM) Sensors Market Analysis by Countries
- Chapter 13: Global Continuous Glucose Monitoring (CGM) Sensors Market Competitive Outlook
Why should buy this report:
- To receive a comprehensive analysis of the prospects for global continuous glucose monitoring (CGM) sensors market
- To receive industry overview and future trends continuous glucose monitoring (CGM) sensors market
- To analyze the continuous glucose monitoring (CGM) sensors market drivers and challenges
- To get information on continuous glucose monitoring (CGM) sensors market size value/revenue (US$ Mn) forecast till 2028
- Major investments, mergers & acquisition in the continuous glucose monitoring (CGM) sensors market industry
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