China Continuous Glucose Monitoring Devices Market Size Share 2027


Posted June 22, 2020 by tejasa

Continuous glucose monitoring (CGM) devices provide insights about glucose levels of diabetic patients throughout the day.

 
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Diabetes is one of the most prevalent diseases in the world. As stated by the International Diabetes Federation in November 2019, around 463 million adults in the age group of 20 to 79 years are diagnosed with diabetes in 2019, and it is estimated that the total diabetes population will reach nearly 700 million by 2045 globally. Continuous glucose management devices play a very important role in maintaining and monitoring the glucose equilibrium of the body and the increasing adaptability of these devices, coupled with rising prevalence of diabetes is expected to boost the demand for continuous glucose monitoring devices.
The China continuous glucose monitoring devices market size is estimated to be valued at US$ 78.2 Mn in 2019 and is expected to exhibit a CAGR of 22.8% over the forecast period (2019–2027).
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Continuous glucose monitoring (CGM) devices provide insights about glucose levels of diabetic patients throughout the day. CGM devices are mostly used by patients with type 1 and type 2 diabetes for better glucose control to improve the health and quality of life. Moreover, the integration of smartphone for easy diabetes management and cloud-based data storage are key features of the currently available CGM devices which have contributed to the drastic adoption of the CGM systems. The CGM devices display a complete picture of glucose trends with a graphical display and customizable alerts to indicate the disturbances in glucose status.
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◦ Assumptions
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▪ Market Snippet, By Component
▪ Market Snippet, By End User
◦ Coherent Opportunity Map (COM)
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◦ Market Dynamics
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◦ Impact Analysis
◦ Key Developments
◦ Regulatory Scenario
◦ Reimbursement Scenario
◦ Recent Product Launch
◦ PEST Analysis
◦ Epidemiology
Top players in the market
Major players operating in the China continuous glucose monitoring devices market include Medtronic PLC, Abbott Laboratories, Medtrum Technologies, Inc., Senseonics, Nemaura, STMicroelectronics, NXP Semiconductors, Qualcomm, Taiwan Semiconductor Manufacturing Company Limited, GE Healthcare, Microchip Technology Inc., Texas Instruments Inc., Micron Technology Inc., Renesas Electronics Corporation, and Toshiba Corporation.
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Last Updated June 22, 2020