Global Continuous Glucose Monitoring Market To Show Tremendous Growth By 2027|Sontra Medical Corporation,F.Hoffmann-La Roche Ltd,Medtronic,IQVIA, Johnson & Johnson Services, Wyeth LLC, GlaxoSmithKline plc, Koninklijke Philips N.V

(CDN Newswire via Comtex)

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.

Continuous Glucose Monitoring is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. Moreover, it also displays all the information including market definition, classifications, key developments, applications, and engagements along with the detailed actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values. By thinking from the customer point of view, a team of researchers, analysts and industry experts work carefully to generate this market research report.

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Some of the major players operating in the global continuous glucose monitoring market are Abbott, C8 MediSensors, Integrity Applications, OrSense Ltd, Sontra Medical Corporation,F.Hoffmann-La Roche Ltd,Medtronic,IQVIA, Johnson & Johnson Services, Wyeth LLC, GlaxoSmithKline plc, Koninklijke Philips N.V., Thermo Fisher Scientific , General Electric Company, Ipsen, ARKRAY, Nova Biomedical, OakTree-Health, Omnis Health LLC, ReliOn, Simple Diagnostics, US Diagnostics, Novo Nordisk A/S, A. Menarini Diagnostics S.r.l.,Vitrex Medical A/S, custo med GmbH.

For Instance, in 2016, AgaMatrix(U.S) launched CGM(iPhone-connected glucometer) this meter could be the first medical device plugin to connect to Apple's iPhone.

Key Developments in the Market:

  • In 2010, Abbott (U.S.) launched FreeStyle Navigator II. It is a small, light weighted and comfortable to wear and has capsulated battery in the transmitter and a capsule reloaded battery cell in the receiver which is last for one to two years.
  • In 2011, C8 Medisensors (U.S) launched new continuous glucose monitoring device which name is "HG1-c device.This device based on the principal of Raman spectroscopy.In this device painless monochromatic light is transmitted into the skin, and the scattered light is detected for the determination of glucose level.

Global Continuous Glucose Monitoring Market Scope and Market Size

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) & adult 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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Major Market Drivers and Restraints:

  • Rising incidences of people suffering from diabetes.
  • Early detection of hypoglycaemic and hyperglycaemic diabetes.
  • Increasing technological innovations.
  • Lack of adequate reimbursement for devices is the key barrier to the adoption of the devices.

Table Of Content:

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Continuous Glucose Monitoring Market Landscape

Part 04: Global Continuous Glucose Monitoring Market Sizing

Part 05: Global Continuous Glucose Monitoring Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape
Part 08: Geographic Landscape

Part 09: Decision Framework
Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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