Market Analysis and Insights: Global Continuous Glucose Monitoring Market
Continuous glucose monitoring market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 1768.78 million by 2027 growing at a CAGR of 15.5% in the above-mentioned forecast period. The growth of continuous glucose monitoring market is owing to multiple factors such as rising cases of diabetes and increasing adoption of advanced diabetic care devices.
Increasing diabetic population across the globe will accelerate the continuous glucose monitoring market demand. Rising number of geriatric populations is expected to drive the growth of the market. Increasing investment and technological innovation led to adoption of minimally invasive techniques will acts as a factor growth in the forecast period of 2020-2027. On the other hand, inaccurate detection which might result in medical health complications will hamper the growth of the market. Lack of adequate reimbursement of medical devices will acts as a factor for restricting the market growth over the forecast period 2020-2027.
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This continuous glucose monitoring market report provides details of market share, new developments, product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the continuous glucose monitoring market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Continuous Glucose Monitoring Market Scope and Market Size
Global Continuous glucose monitoring market is segmented on the basis of component, demographics, testing site, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
• On the basis of component, the continuous glucose monitoring market is segmented into integrated insulin pumps, transmitters & receivers and sensors
• On the basis of demographics, the market is segmented into child population (14 years)
• On the basis of testing site, the continuous glucose monitoring market is segmented into fingertip testing and alternate site testing
• On the basis of application, the continuous glucose monitoring market is segmented into diabetes and gestational diabetes
• On the basis of end-user, the market is segmented into clinics & diagnostic centers, home care, private clinics, hospitals & others
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Continuous Glucose Monitoring Market Country Level Analysis
Continuous glucose monitoring market is analysed and market size insights and trends are provided by country, component, demographics, testing site, application and end user as referenced above.
The countries covered in the continuous glucose monitoring market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of the U.S. in the continuous glucose monitoring market because of increasing technical advancement and rising awareness regarding the availability of testing devices while the Asia-Pacific region is expected to grow with the highest growth rate in the forecast period 2020 to 2027 because of increasing investment by market players and favourable government policies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while provided forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Continuous glucose monitoring market report also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for continuous glucose monitoring market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the continuous glucose monitoring market. The data is available for historic period 2010 to 2018.
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Competitive Landscape and Continuous Glucose Monitoring Market Share Analysis
Continuous glucose monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to continuous glucose monitoring market.
The major players covered in the continuous glucose monitoring market report are
Abbott; Integrity Applications; OrSense - non-invasive technologies; Medtronic; IQVIA; Johnson & Johnson Services Inc.; ARKRAY, Inc.; Dexcom, Inc.; A. Menarini Diagnostics s.r.l; Insulet Corporation; GlySens Incorporated; Senseonics, Incorporated; Animas LLC; Zhejiang POCTech Co., Ltd.; Terumo Corporation; among other players domestic and global. Market share data is available for global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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