Global Continuous Blood Glucose Monitoring Market Size Was Valued At USD 5.90 Billion In 2022 And Is Projected To Reach USD 13.28 Billion By 2030, Growing At A CAGR Of 12.3% From 2023 To 2030.
Global Continuous Blood Glucose Monitoring Market Size Was Valued At USD 5.90 Billion In 2022 And Is Projected To Reach USD 13.28 Billion By 2030, Growing At A CAGR Of 12.3% From 2023 To 2030.
Using a gadget to continuously measure your blood glucose, also known as blood sugar, during the day and night is known as continuous glucose monitoring. Due to rising diabetes rates, improvements in CGM technology, and rising public knowledge of the advantages of continuous glucose monitoring, the market for continuous blood glucose monitoring (CGM) was expanding quickly.
Diabetes can be easily and successfully managed with the help of CGM systems, which are minimally intrusive. Additionally, they have the ability to recognize abrupt fluctuations in blood glucose levels, which helps to avoid hypoglycemia. With the aid of a sensor, the CGM devices make it easier to analyze blood glucose levels at various intervals. Accurate readings sent over a wireless network to diabetes management software provide patients a greater understanding of their condition and enable them to control it more skillfully.
Top Key Players Covered in The Continuous Blood Glucose Monitoring Market
Abbott (U.S.), ACON Laboratories (US), ARKRAY (Japan), Ascensia Diabetes Care Holdings AG (Switzerland), B. Braun Melsungen AG (Germany), Beta Bionics, Inc. (US), Dexcom, Inc. (U.S.), Echo Therapeutics Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), GlySens Incorporated (US), Integrity Applications Inc., LifeScan IP Holdings, LLC (U.S.), Medisana AG (Germany), Medtronic (Ireland), Metronom Health Inc. (US), Nipro (Japan), Nova Biomedical (US), OrSense Ltd. (Israel), PKvitality (France), Prodigy Diabetes Care (US), Sanofi (France), Senseonics (U.S.), Siren Care, Inc. (US), Terumo Corporation (Japan), Ypsomed (Switzerland), and other major players.
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Segmentation Analysis of the Continuous Blood Glucose Monitoring Market
Continuous Blood Glucose Monitoring market segments cover the Product, application, and end-users. By Product, the Sensors segment is anticipated to dominate the Market over the Forecast period.
By Product
By Testing Site
By End-User
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Continuous Blood Glucose Monitoring Market Regional Analysis
The countries in the North American region depict a high prevalence of diabetes. Due to the large pool of patients and wider acceptance of advanced technologies, the United States held the largest share of the glucose monitoring market in 2019. According to the International Diabetes Federation (IDF), approximations, in 2019, 463 million adults (aged 20-79) around the world had diabetes, including 31 million in the United States.
By Region
Report includes Competitor's Landscape:
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Nov 29, 2023