The Global Continuous Glucose Monitoring System Market is projected to reach USD 14.54 billion in 2027. The global spread of diabetes along with increasing geriatric population and continuous technological advancements have propelled the market growth of the CGM devices. Continuous Glucose Monitoring (CGM) devices have been highly in demand as these enable tracking of the glucose levels in the interstitial fluid as a foundation for improving metabolic control and subsidize to a better diabetes management.
The Global Continuous Glucose Monitoring System Market research study published by Emergen Research is an extensive collection of insightful information about the Continuous Glucose Monitoring System industry. The report covers the Continuous Glucose Monitoring System Market segmentation along with a detailed outline of the Continuous Glucose Monitoring System market size with regards to volume and valuation. The report provides comprehensive coverage of the Continuous Glucose Monitoring System market scenario for the current period and forecast timeline of 2020-2027. The Continuous Glucose Monitoring System market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Continuous Glucose Monitoring System market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Continuous Glucose Monitoring System market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Continuous Glucose Monitoring System market.
Further key findings from the report suggest
- In the terms of component outlook, transmitters and receivers segment accounted for the largest market share in 2019 and is anticipated to hold the dominant position, considering its essential requirement in the devices.
- In the context of component outlook, it is estimated that the insulin pumps segment is projected to be the fastest growing segment with a growing CAGR of 16.1% owing to the growing occurrence of the target disease, here, diabetes.
- On the basis of end uses, homecare settings segment is accounting for the largest market share of approximately 1%. The largest market share is closely followed by hospitals due to high prevalence of diabetes and growing usage of CGM devices in hospitals.
Key Questions Answered by the Report:
- Which region is expected to dominate the market in the coming years?
- What are the recent technological and product advancements occurring in the market?
- What are the key strategies adopted by the prominent players in the Continuous Glucose Monitoring System market?
- What are the key product types and applications of the Continuous Glucose Monitoring System industry?
- What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
- How is the competitive landscape of the Continuous Glucose Monitoring System market?
- Who are the key players in the industry?
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