The Continuous Glucose Monitoring (CGM) Devices
Market is expected to be around $1.1
billion by 2025. Rising incidence of diabetes worldwide, technological
advancements in CGM devices (such as advent of artificial pancreas), and rising
awareness about the availability of CGM devices are the factors responsible for
the growth of this market. However, stringent regulations and expensive CGM
devices are set to hamper the market growth.
Continuous Glucose Monitoring (CGM) Devices
Market
- Product Outlook and Trend Analysis
Transmitter
and receivers segment accounted for the largest share of the overall market in
2016, whereas the insulin pumps market is projected to be the fastest-growing
segment during the forecast period due to precise insulin delivery, decreasing
episodes of severe hypoglycemia and high blood glucose control.
Continuous Glucose Monitoring (CGM) Devices
Market
- End User Outlook and Trend Analysis
Homecare
diagnostics segment held the major share of the global market in 2016, due to
efficiency and user-friendly nature of the CGM devices. Patients can use these
devices without the technical support from hospital staff. Thus, the insulin
can be administered by the patient itself.
Continuous Glucose Monitoring (CGM) Devices
Market
- Regional Outlook and Trend Analysis
North
America accounted for the largest share of the overall market in 2014. This is
attributed to increase in the number of obese patients, sedentary lifestyle and
high adoption of advanced CGM devices. Asia-Pacific is expected to be the
fastest growing region during the forecasted period, due to high patient
population with rapidly aging population and increasing patient awareness about
the availability of CGM devices with growing disposable income of people.
Continuous Glucose Monitoring (CGM) Devices
Market
- Competitive Analysis
Abbott
Laboratories, Nemaura Medical Inc., Insulet Corporation, Tandem Diabetes Care,
Inc., Johnson and Johnson, Dexcom, Inc., F. Hoffmann-La Roche AG, Medtronic,
Echo Therapeutics, Inc, Senseonics Holdings, Inc., and GlySens Incorporated are
the major players operating in the continuous glucose monitoring devices
market.
Know
more about Continuous Glucose Monitoring (CGM) Devices Market Report: https://theexpertconsulting.com/continuous-glucose-monitoring-devices-market-2018-comprehensive-growth-analysis-by-size-share-and-business-development-2025/
Comments
Post a Comment