Report ID : AMR1005048 | Industries : Healthcare | Published On :January 2024 | Page Count : 245
Global Continuous Glucose Monitoring Devices Market Size, Share & Trends Analysis Report, By Component (Transmitters, Sensors, Receivers), By Connectivity (Bluetooth, 4G), By End-use (Hospitals, Homecare Settings, Others) and By Region, And Segment Forecasts, Till – 2030
Market Overview
According to Analytical Market Research, the global Continuous Glucose Monitoring Devices market estimated at USD 4.90 billion in 2022 and which expected, at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Key players in the Continuous Glucose Monitoring Devices market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Continuous Glucose Monitoring Devices market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.
CONTINUOUS GLUCOSE MONITORING DEVICES MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS
Technological Advancements and Innovations
The continuous glucose monitoring (CGM) devices market is driven by ongoing technological advancements and innovations. Continuous improvement in sensor technologies, miniaturization of devices, and the integration of smart features have enhanced the accuracy and usability of CGM devices. These innovations not only provide users with real-time glucose monitoring but also contribute to improved patient experience and adherence to diabetes management.
High Cost of Continuous Glucose Monitoring Devices
One significant restraint in the continuous glucose monitoring devices market is the high cost associated with these devices. CGM devices, including the initial purchase cost and ongoing expenses related to sensors and maintenance, can be a financial burden for some patients. Affordability remains a challenge, limiting broader accessibility and adoption of CGM technology, especially in regions with economic constraints or areas where healthcare reimbursement may not cover the full costs. Addressing the cost barrier is crucial for ensuring wider adoption and reaching diverse patient populations.
How are Segments Performing in the Global Continuous Glucose Monitoring Devices Market?
Continuous Glucose Monitoring Devices Component Segment Breakdown
According to Analytical Market Research, the Continuous Glucose Monitoring Devices market by Component is segmented into Transmitters, Sensors, Receivers.
Continuous Glucose Monitoring Devices Connectivity Segment Breakdown
According to Analytical Market Research, based on End-use, the market is segmented into Bluetooth, 4G.
Continuous Glucose Monitoring Devices End-use Segment Breakdown
According to Analytical Market Research, based on Connectivity the market is segmented into Hospitals, Homecare Settings, Others.
Continuous Glucose Monitoring Devices Geographic Exploration
According to Analytical Market Research, the North America region is predicted to dominate the market, owing to the rise in the automotive industry in the region. Other regions competing in the market are North America, Europe, Middle East and Africa and Latin America respectively.
Noticeable Players Functioning in The Global Continuous Glucose Monitoring Devices Market Include:
• Dexcom, Inc.
• Abbott
• Medtronic
• Ypsomed AG
• Senseonics Holdings, Inc.
• A. Menarini Diagnostics S.r.l.
• Signos, Inc.
KEY BREAKDOWN: Continuous Glucose Monitoring Devices Market
By Component:
• Transmitters
• Sensors
• Receivers
By Connectivity:
• Bluetooth
• 4G.
By End-use:
• Hospitals
• Homecare Settings
• Others
Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa
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1. Research Methodology
1.1. Global Continuous Glucose Monitoring Devices Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Continuous Glucose Monitoring Devices Market: Value Chain
3.3.1. List of Raw Material Supplier
3.3.2. List of Manufacturers
3.3.3. List of Data Sources
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Continuous Glucose Monitoring Devices Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Continuous Glucose Monitoring Devices Market Outlook: Component
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Component, 2023 – 2030
4.3.2.1. Transmitters
4.3.2.2. Sensors
4.3.2.3. Receivers
4.4. Global Continuous Glucose Monitoring Devices Market Outlook: Connectivity
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By Connectivity, 2023 – 2030
4.4.2.1. Bluetooth
4.4.2.2. 4G.
4.5. Global Continuous Glucose Monitoring Devices Market Outlook: End-use
4.5.1. Introduction / Key Findings
4.5.2. Market Size (US$ Mn) and Forecast By End-use, 2023 – 2030
4.5.3. Hospitals
4.5.4. Homecare Settings
4.5.5. Others
5. Global Continuous Glucose Monitoring Devices Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Continuous Glucose Monitoring Devices Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Component
6.3.3. By Connectivity
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Component, 2023 – 2030
6.5.1. Transmitters
6.5.2. Sensors
6.5.3. Receivers
6.6. Market Size (US$ Mn) and Forecast By Connectivity, 2023 – 2030
6.6.1. Bluetooth
6.6.2. 4G.
6.7. Market Size (US$ Mn) and Forecast By End-use, 2023 – 2030
6.7.1. Hospitals
6.7.2. Homecare Settings
6.7.3. Others
7. Europe Continuous Glucose Monitoring Devices Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Component
7.3.3. By Connectivity
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Component, 2023 – 2030
7.5.1. Transmitters
7.5.2. Sensors
7.5.3. Receivers
7.6. Market Size (US$ Mn) and Forecast By Connectivity, 2023 – 2030
7.6.1. Bluetooth
7.6.2. 4G
7.7. Market Size (US$ Mn) and Forecast By End-use, 2023 – 2030
7.7.1. Hospitals
7.7.2. Homecare Settings
7.7.3. Others
8. Asia Pacific Continuous Glucose Monitoring Devices Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Component
8.3.3. By Connectivity
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Component, 2023 – 2030
8.5.1. Transmitters
8.5.2. Sensors
8.5.3. Receivers
8.6. Market Size (US$ Mn) and Forecast By Connectivity, 2023 – 2030
8.6.1. Bluetooth
8.6.2. 4G
8.7. Market Size (US$ Mn) and Forecast By End-use, 2023 – 2030
8.7.1. Hospitals
8.7.2. Homecare Settings
8.7.3. Others
9. Latin America Continuous Glucose Monitoring Devices Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Component
9.3.3. By Connectivity
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Component, 2023 – 2030
9.5.1. Transmitters
9.5.2. Sensors
9.5.3. Receivers
9.6. Market Size (US$ Mn) and Forecast By Connectivity, 2023 – 2030
9.6.1. Bluetooth
9.6.2. 4G
9.7. Market Size (US$ Mn) and Forecast By End-use, 2023 – 2030
9.7.1. Hospitals
9.7.2. Homecare Settings
9.7.3. Others
10. Middle East & Africa Continuous Glucose Monitoring Devices Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Component
10.3.3. By Connectivity
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Component, 2023 – 2030
10.5.1. Transmitters
10.5.2. Sensors
10.5.3. Receivers
10.6. Market Size (US$ Mn) and Forecast By Connectivity, 2023 – 2030
10.6.1. Bluetooth
10.6.2. 4G
10.7. Market Size (US$ Mn) and Forecast By End-use, 2023 – 2030
10.7.1. Hospitals
10.7.2. Homecare Settings
10.7.3. Others
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. Dexcom, Inc..
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Abbott
11.3.3. Medtronic
11.3.4. Ypsomed AG
11.3.5. Senseonics Holdings, Inc.
11.3.6. A. Menarini Diagnostics S.r.l.
11.3.7. Signos, Inc.
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